NOT LISTED FOR SALE

1674 Ferris Ave Lincoln Park, MI 48146

Estimated Value: $161,000 - $237,000

7 Beds
3 Baths
2,416 Sq Ft
$84/Sq Ft Est. Value

Last Sold May 29, 2013

Last sale price $36,000 $15 Per Sq Ft

Est. 467% increase in value since last sale

Current estimated payment $1,298/month

33 Days on Market

About This Home

As of May 2013

LOVELY WOOD/BRICK MULTIFAMILY THAT OFFERS 3 UNITS EACH WITH A LIVING ROOM, KITCHEN AND BATHROOM, 2 UNITS WITH 2 BEDROOMS AND 1 UNIT WITH 3 BEDROOMS, PART-FINISHED BASEMENT AND A 1 CAR GARAGE. ALL INFO IS APPROX. PLEASE CONTACT LISTING OFFICE TO VERIFY. THIS IS A FANNIE MAE HOMEPATH PROPERTY. ALL OFFERS TO BE SUBMITTED ON THE HOMEPATH WEBSITE WITH OFFER GUIDELINES.

Last Agent to Sell the Property

Hussein Farhat

RE/MAX Team 2000 License #6501300497 Listed on: 03/29/2013

RE/MAX Team 2000

Last Buyer's Agent

Theodore Domski

Temporary Inactive Users License #RCO-6501219906

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75x100

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 3 Full Bathrooms
  • 2,416 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Robinwood Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45007100058302

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 2416

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Porch Type: Porch
  • Road Frontage Type: Paved

Utilities

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

Lot Info

  • List Price per Acre: 202941.0000
  • Lot Size Area: 0.17
  • Lot Dimensions: 75X100
  • Parcel Number: 45007100058302
  • Zone Conform: Yes
  • Zoning: Residential
  • Homestead Percent: 0 Percent

Tax Info

  • Tax Amount Summer: 1917.0000
  • Tax Amount Winter: 473.0000
  • Total Tax: 2390.0000

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
Feb 22, 2012
Sold by
Bank Of America Na
Bought by
Fannie Mae and Federal National Mortgage Association
Current Estimated Value
$203,968

Purchase Details

Closed on
Dec 7, 2011
Sold by
Welch Joseph
Bought by
Bank Of America N A

Purchase Details

Closed on
Feb 18, 1998
Sold by
Fiema Donald T and Fiema Linda M
Bought by
Welch Joseph
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
Fannie Mae -- None Available
Bank Of America N A $63,962 None Available
Welch Joseph $85,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2013 05/29/13 Sold $36,000 +4.3% $15 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $34,500 -- $14 / 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 $2,702 $116,000 $0 $0
2024 $2,702 $106,100 $0 $0
2023 $2,565 $89,200 $0 $0
2022 $2,859 $81,900 $0 $0
2021 $2,790 $79,400 $0 $0
2020 $2,762 $57,200 $0 $0
2019 $2,314 $46,900 $0 $0
2018 $2,135 $37,200 $0 $0
2017 $1,057 $36,900 $0 $0
2016 $2,536 $35,800 $0 $0
2015 $3,520 $35,200 $0 $0
2013 $3,770 $39,400 $0 $0
2012 $2,342 $40,700 $7,500 $33,200
Source: Public Records

Agents Affiliated with this Home

  • Hussein Farhat

    Seller's Agent in 2013

    Hussein Farhat

    RE/MAX

    (313) 333-1588

    7 in this area

    107 Total Sales

    Hussein Farhat
    Section Image

  • T

    Buyer's Agent in 2013

    Theodore Domski

    Temporary Inactive Users

  • T

    Buyer's Agent in 2013

    Ted Domski

    Temporary Inactive Users

    Section Image
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Map

Source: Realcomp

MLS Number: 213028808

Realcomp

APN: 45-007-10-0058-302

Michigan Wayne County Lincoln Park 48146

1674 Ferris Ave, Lincoln Park, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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