NOT LISTED FOR SALE

1659 Fort Park Blvd Lincoln Park, MI 48146

Estimated Value: $167,538 - $262,000

3 Beds
3 Baths
1,825 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 02, 2012

Last sale price $35,010 $19 Per Sq Ft

Est. 492% increase in value since last sale

Current estimated payment $1,273/month

8 Days on Market

About This Home

As of April 2012

Great investment opportunity, 3 unit brick ranch, each unit has front & back entrance with parking lot in the back, located close to freeways and shopping centers.Bank owned SOLD "AS IS".EMD to be in cert funds, min $1000 to be held by L.Broker. If utilities are off, buyers's agent to coord them on. Proof of funds w/all cash offers, Pre appr. w/all Mtg. offers. Buyers to pay for all insp

Last Agent to Sell the Property

Fadie Ghallozi

Century 21 Curran & Oberski License #6506044528 Listed on: 02/15/2012

Century 21 Curran & Oberski

Last Buyer's Agent

Dennis Barrow

Downriver Real Estate Group License #RCO-6502335010

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 64x106

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 1,825 Sq Ft Home
  • 1-Story Property

Parking

  • 6 Parking Spaces
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Elmwood Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45006040170000

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1960
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Total Sq Ft: 1825

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 6

Utilities

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

Lot Info

  • Lot Dimensions: 64X106
  • Parcel Number: 45006040170000
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Tax Info

  • Tax Amount Summer: 2785.0000
  • Tax Amount Winter: 476.0000
  • Total Tax: 3261.0000

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2014
Sold by
Biundo Lorenzo and Biundo Kristen
Bought by
Gundick Properties Llc
Current Estimated Value
$207,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
10.27%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Feb 15, 2012
Closed on
Mar 27, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Biundo Lorenzo
Seller's Agent
Fadie Ghallozi
Century 21 Curran & Oberski
Buyer's Agent
Dennis Barrow
Downriver Real Estate Group
List Price
$33,660
Sold Price
$35,010
Premium/Discount to List
$1,350
4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.00%

Purchase Details

Closed on
Dec 7, 2011
Sold by
Garrasi Kenneth
Bought by
Deutsche Bank National Trust Company
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
Gundick Properties Llc $100,000 None Available
Gundick Properties Llc $100,000 Michigan Title Insurance Age
Biundo Lorenzo $35,010 None Available
Deutsche Bank National Trust Company $33,450 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gundick Properties Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2012 04/02/12 Sold $35,010 +4.0% $19 / Sq Ft
02/23/2012 02/23/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $33,660 -- $18 / 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 $2,214 $82,900 $0 $0
2024 $2,214 $69,000 $0 $0
2023 $2,102 $63,700 $0 $0
2022 $2,344 $53,500 $0 $0
2021 $2,286 $50,100 $0 $0
2020 $2,263 $61,900 $0 $0
2019 $1,896 $53,300 $0 $0
2018 $1,750 $29,800 $0 $0
2017 $902 $30,600 $0 $0
2016 $2,139 $30,200 $0 $0
2015 $2,960 $29,600 $0 $0
2013 $3,160 $33,000 $0 $0
2012 $3,182 $34,100 $6,900 $27,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212016509

Realcomp

APN: 45-006-04-0170-000