NOT LISTED FOR SALE

1566 Cicotte Ave Lincoln Park, MI 48146

Estimated Value: $116,313 - $153,000

3 Beds
1 Bath
816 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $83,700 $103 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $906/month

48 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Ground Level Unit
  • 1 Car Detached Garage
  • 3-minute walk to Zain’s Hill

About This Home

As of March 2022

Great investment here, with this fully remodeled home, located in a very central location, with access to multiple freeways, school right across the street, and has wonderful tenants paying $1100/mo. Home features hardwood flooring, nice appliances, and passed the rental inspection with Lincoln Park previously. Start earning income day 1, with this safe investment home. PLEASE DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Jeanette Lucy

IQ Properties LLC License #6502409787 Listed on: 01/11/2022

Last Buyer's Agent

Anna Rabinowitz

Powell Real Estate License #6501434350

Powell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1954 | Remodeled in 2020

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 38.00x113.00

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 816 Sq Ft Home
  • Crawl Space

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • C W Harrah Pennsylvania R R Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45003140037002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,619

Year Built

Built in 1954 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1954
  • State Equalized Value: 29700.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 816

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 38.00X113.00
  • Parcel Number: 45003140037002

Tax Info

  • Tax Amount Summer: 1382.0000
  • Tax Amount Winter: 237.0000
  • Total Tax: 1619.0000
  • Taxable Value: 22308.0000

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Mar 9, 2022
Sold by
Umr Detroit 5 Llc
Bought by
Garrett Michael Properties Llc
Seller's Agent
Jeanette Lucy
IQ Properties LLC
Buyer's Agent
Anna Rabinowitz
Powell Real Estate
List Price
$90,000
Sold Price
$83,700
Premium/Discount to List
-$6,300
-7%
Current Estimated Value
$128,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,378
Avg. Annual Appreciation
12.40%

Purchase Details

Listed on
Apr 1, 2019
Closed on
Apr 23, 2019
Sold by
Gheesling Enterprises Llc
Bought by
Umr Detroit 5 Llc
Seller's Agent
Dan Gheesling
Brookstone, Realtors LLC
Buyer's Agent
Jeanette Lucy
IQ Properties LLC
List Price
$67,500
Sold Price
$62,000
Premium/Discount to List
-$5,500
-8.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%

Purchase Details

Closed on
Dec 18, 2017
Sold by
Baker Cecil
Bought by
Gheesling Enterprises Llc

Purchase Details

Closed on
Apr 11, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Baker Cecil

Purchase Details

Closed on
Dec 31, 2010
Sold by
Flagstar Bank Fsb
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 23, 2010
Sold by
Mortgage Electronic Registration Systems
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Jun 17, 2010
Sold by
Arnold Lexie and Burke Ryan
Bought by
Mortgage Electronic Registration Systems
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garrett Michael Properties Llc $83,700 None Listed On Document
Umr Detroit 5 Llc $62,000 Embassy Title Agency Inc
Gheesling Enterprises Llc $15,500 Michigan Investment Title In
Baker Cecil $12,011 None Available
The Secretary Of Housing & Urban Develop -- None Available
Flagstar Bank Fsb -- None Available
Mortgage Electronic Registration Systems $77,068 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2022 03/09/22 Sold $83,700 -7.0% $103 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $90,000 +45.2% $110 / Sq Ft
04/24/2019 04/24/19 Sold $62,000 -8.1% $75 / Sq Ft View Prior Sale
04/04/2019 04/04/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $67,500 -- $82 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,823 $56,200 $0 $0
2024 $2,823 $47,100 $0 $0
2023 $2,680 $43,600 $0 $0
2022 $1,657 $31,700 $0 $0
2021 $1,617 $29,700 $0 $0
2020 $1,601 $22,000 $0 $0
2019 $1,037 $18,600 $0 $0
2018 $957 $16,300 $0 $0
2017 $537 $16,100 $0 $0
2016 $1,209 $16,700 $0 $0
2015 $1,650 $16,500 $0 $0
2013 $1,760 $18,300 $0 $0
2012 $1,498 $19,100 $5,300 $13,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220001455

Realcomp

APN: 45-003-14-0037-002