NOT LISTED FOR SALE

1616 Lafayette Blvd Lincoln Park, MI 48146

Estimated Value: $133,000 - $165,000

3 Beds
1 Bath
840 Sq Ft
$176/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $63,000 $75 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,083/month

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating System
  • No HOA

About This Home

As of January 2024

Fully updated home! No pets allowed- 24 month lease minimum required . Credit check will be required. 1.5 security deposit and 1 month advanced required. Section 8 requirements met. All room measurements are approximate.

Last Agent to Rent the Property

Zena Dakroub

Realty Executives Classic License #6501349540 Listed on: 11/20/2023

Realty Executives Classic

Last Renter's Agent

Zena Dakroub

Realty Executives Classic License #6501349540 Listed on: 11/20/2023

Realty Executives Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,737

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 38.00 x 110.00

Parking

  • 2 Car Detached Garage

Home Design

  • 840 Sq Ft Home
  • Ranch Style House
  • Brick Foundation

Kitchen

  • Free-Standing Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association
  • Elmwood Heights Sub Subdivision

Listing and Financial Details

  • Security Deposit $2,100
  • 24 Month Lease Term
  • Assessor Parcel Number 45006030288000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,737

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Lease Type: Single Family House
  • Security Deposit: 2100.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1925
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Free-Standing Gas Oven, Free-Standing Refrigerator
  • Total Sq Ft: 840

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Brick/Mortar

Garage/Parking

  • Garage Size: 2 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: 38.00 x 110.00
  • Parcel Number: 45006030288000

Multi Family

  • Length of Lease: 13-24 Months, 25-36 Months

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2023
Sold by
Salem One Inc
Bought by
Swift D Inc
Current Estimated Value
$147,462

Purchase Details

Listed on
Dec 1, 2022
Closed on
Jan 17, 2023
Sold by
Vrmtg Asset Trust
Bought by
Salem One Inc
Seller's Agent
Sam Hantosh
RE/MAX Team 2000
Buyer's Agent
Zena Dakroub
Realty Executives Classic
List Price
$99,000
Sold Price
$63,000
Premium/Discount to List
-$36,000
-36.36%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.35%
Original Mortgage
$64,800
Interest Rate
11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 28, 2022
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vrmtg Asset Trust

Purchase Details

Closed on
Mar 17, 2022
Sold by
Wayne County
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 28, 2001
Sold by
Caran Maria
Bought by
Cagle David
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
Swift D Inc $150,000 Title One
Swift D Inc $150,000 Title One
Salem One Inc $63,000 --
Vrmtg Asset Trust -- None Listed On Document
Federal Home Loan Mortgage Corporation $85,000 None Listed On Document
Cagle David $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salem One Inc $64,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2024 01/19/24 Rented $1,400 0.0% --
12/06/2023 12/06/23 Under Contract -- -- --
11/20/2023 11/20/23 For Rent $1,400 0.0% --
02/21/2023 02/21/23 Sold $63,000 -36.4% $75 / Sq Ft View Prior Sale
01/05/2023 01/05/23 Pending -- -- --
12/01/2022 12/01/22 For Sale $99,000 -- $118 / 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 $3,737 $68,700 $0 $0
2024 $3,737 $60,600 $0 $0
2023 $3,177 $51,700 $0 $0
2022 $1,799 $38,000 $0 $0
2021 $1,201 $35,600 $0 $0
2020 $1,191 $26,100 $0 $0
2019 $941 $23,800 $0 $0
2018 $847 $20,900 $0 $0
2017 $662 $20,600 $0 $0
2016 $1,146 $21,400 $0 $0
2015 $2,100 $21,000 $0 $0
2013 $2,250 $23,500 $0 $0
2012 $1,403 $24,400 $5,300 $19,100
Source: Public Records

Agents Affiliated with this Home

  • Zena Dakroub

    Landlord's Agent in 2024

    Zena Dakroub

    Realty Executives

    (313) 485-8770

    14 in this area

    137 Total Sales

    Zena Dakroub
    Section Image
  • Sam Hantosh

    Seller's Agent in 2023

    Sam Hantosh

    RE/MAX

    (313) 283-2228

    4 in this area

    311 Total Sales

    Sam Hantosh
    Section Image
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Map

Source: Realcomp

MLS Number: 20230098601

Realcomp

APN: 45-006-03-0288-000

Michigan Wayne County Lincoln Park 48146

1616 Lafayette Blvd, Lincoln Park, MI

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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