NOT LISTED FOR SALE

1615 Electric Ave Lincoln Park, MI 48146

Estimated Value: $149,000 - $170,000

3 Beds
1 Bath
1,320 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $15,000 $11 Per Sq Ft

Est. 952% increase in value since last sale

Current estimated payment $930/month

11 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2017

CASH OFFERS ONLY. Buyer to assume Certificate of Compliance requirements. Ask your agent about other similar homes in as-is condition that are for sale. The Seller has paid for and ordered the city inspection report and it will be available on or about 4/20/17 for review. Multiple Offers / Highest and Best only please.

Last Agent to Sell the Property

Kathleen Bowles

RE/MAX First License #6501225824 Listed on: 04/14/2017

Last Buyer's Agent

Sherri Saad

RE/MAX Leading Edge License #6502392274

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60.00x105.00

Home Design

  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Frederick Roberts Mckenny Realty Co Sub P C 118 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45007080069300

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1320

Exterior Features

  • Foundation Details: Basement
  • Foundation Materials: Block
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 106428.5714
  • Lot Size Area: 0.14
  • Lot Dimensions: 60.00X105.00
  • Parcel Number: 45007080069300

Tax Info

  • Tax Amount Summer: 1242.0000
  • Tax Amount Winter: 261.0000
  • Total Tax: 1503.0000

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
May 5, 2017
Sold by
Jsr Funding Llc
Bought by
Barrientos Joel
Seller's Agent
Kathleen Bowles
RE/MAX First
Buyer's Agent
Sherri Saad
RE/MAX Leading Edge
List Price
$14,900
Sold Price
$15,000
Premium/Discount to List
$100
0.67%
Current Estimated Value
$157,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,869
Avg. Annual Appreciation
31.99%

Purchase Details

Closed on
Oct 6, 2016
Sold by
City Od Lincolin Park
Bought by
Jsr Funding Llc

Purchase Details

Closed on
Sep 20, 2016
Sold by
Wayne County Treasurer
Bought by
Treasurer City Of Lincoln Park

Purchase Details

Listed on
Apr 18, 2012
Closed on
Jun 6, 2012
Sold by
Memberfocus Community Credit Union
Bought by
Day Tiffany
Seller's Agent
Mark Reling
Market Value Property Specialists LTD
Buyer's Agent
Deanmartinn Agius
Re/Max Leading Edge
List Price
$9,900
Sold Price
$4,000
Premium/Discount to List
-$5,900
-59.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.59%

Purchase Details

Closed on
Feb 16, 2012
Sold by
Vergari Eugene A
Bought by
Dearborn Schools Credit Union and Memberfocus Community Credit Union

Purchase Details

Closed on
Sep 12, 2003
Sold by
Vergari Eugene A and Vergari Hellen M
Bought by
Vergari Eugene A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Barrientos Joel $15,000 None Available
Jsr Funding Llc -- None Available
Treasurer City Of Lincoln Park $7,344 None Available
Day Tiffany $4,000 Multiple
Dearborn Schools Credit Union $25,492 None Available
Vergari Eugene A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2017 05/05/17 Sold $15,000 +0.7% $11 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $14,900 +272.5% $11 / Sq Ft
06/08/2012 06/08/12 Sold $4,000 -59.6% $3 / Sq Ft View Prior Sale
05/17/2012 05/17/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $9,900 -- $8 / 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 $1,194 $74,200 $0 $0
2024 $1,194 $66,000 $0 $0
2023 $1,132 $55,700 $0 $0
2022 $1,341 $47,600 $0 $0
2021 $1,311 $42,000 $0 $0
2020 $1,299 $37,500 $0 $0
2019 $1,026 $28,800 $0 $0
2018 $924 $22,800 $0 $0
2017 $614 $23,000 $0 $0
2016 $1,629 $22,300 $0 $0
2015 $2,200 $22,000 $0 $0
2013 $2,350 $24,400 $0 $0
2012 $1,453 $25,400 $6,700 $18,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kathleen Bowles

    RE/MAX

  • Sherri Saad

    Buyer's Agent in 2017

    Sherri Saad

    RE/MAX

    (313) 598-5322

    31 in this area

    554 Total Sales

    Sherri Saad
    Section Image

  • M

    Seller's Agent in 2012

    Mark Reling

    Market Value Property Specialists LTD

    Section Image

  • D

    Buyer's Agent in 2012

    Deanmartinn Agius

    RE/MAX

See All Agents

Map

Source: Realcomp

MLS Number: 217028849

Realcomp

APN: 45-007-08-0069-300

Michigan Wayne County Lincoln Park 48146

1615 Electric Ave, Lincoln Park, MI

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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