NOT LISTED FOR SALE

1716 Detroit Ave Lincoln Park, MI 48146

Estimated Value: $101,000 - $164,000

2 Beds
1 Bath
690 Sq Ft
$204/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $142,500 $207 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $993/month

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Ground Level Unit
  • 1 Car Detached Garage

About This Home

As of February 2024

BUY ZERO DOWN!!! Seller to help finance qualified buyer. Rent to Own this Awesome updated 2 bedroom home with full basement. $10K Down and first months rent. New windows new appliances new siding on the garage painted inside and out. The floors were sanded and stained. The bathroom is new and so is the kitchen. New carpet in the basement. Stop just renting and actually OWN THIS HOME after the 30 year lease. You can refinance during the first 5 years at $145k OR you can buy it after that time period at a slight increase in the principle each year.

Last Agent to Rent the Property

Bill Keene

Epique Realty License #6501251386 Listed on: 10/18/2023

Epique Realty

Last Renter's Agent

Bill Keene

Epique Realty License #6501251386 Listed on: 10/18/2023

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,565

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 41.00 x 114.00

Parking

  • 1 Car Detached Garage

Home Design

  • 690 Sq Ft Home
  • Ranch Style House
  • Block Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partially Finished Basement

Community Details

  • No Home Owners Association
  • Nixon Dix Ave Sub Subdivision

Listing and Financial Details

  • Security Deposit $10,000
  • Application Fee: 50.00
  • Assessor Parcel Number 45014040138002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,565

Year Built

Built in 1950

Lot Details

0

Rental Info

  • Application Fee: 50.00
  • Lease Type: Single Family House
  • Security Deposit: 10000.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1950
  • Entry Location: Ground Level
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1090
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 690
  • Sq Ft Total Bsmt: 672

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 41
  • 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

Schools

  • School District: Lincoln Park

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 41.00 x 114.00
  • Parcel Number: 45014040138002

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Dec 27, 2023
Sold by
Biondo David
Bought by
Johnson Ronald Theodore
Seller's Agent
Bill Keene
Epique Realty
Buyer's Agent
Bill Keene
Epique Realty
Sold Price
$1,300
Views
282
Current Estimated Value
$140,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,322
Avg. Annual Appreciation
-0.04%
Original Mortgage
$4,988
Outstanding Balance
$2,607
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$139,805

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 10, 2023
Sold by
Callis Georgia
Bought by
Biondo David
Seller's Agent
Richard Childs
Coldwell Banker Professionals-Northville
Buyer's Agent
Richard Childs
Coldwell Banker Professionals-Northville
List Price
$70,000
Sold Price
$63,000
Premium/Discount to List
-$7,000
-10%
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
489.65%

Purchase Details

Closed on
Jan 12, 2023
Sold by
Wayne County Sheriff
Bought by
Federal National Mortgage Association
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
Johnson Ronald Theodore $142,500 Liberty Title
Biondo David $63,000 Ata National Title
Federal National Mortgage Association $43,362 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Ronald Theodore $4,988
Open Johnson Ronald Theodore $139,918
Previous Owner Peterson Donna M $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Rented $1,300 0.0% --
12/27/2023 12/27/23 Sold $142,500 0.0% $207 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
12/05/2023 12/05/23 Under Contract -- -- --
11/16/2023 11/16/23 For Sale $142,500 0.0% $207 / Sq Ft
10/18/2023 10/18/23 For Rent $1,300 0.0% --
07/11/2023 07/11/23 Sold $63,000 -10.0% $91 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $70,000 -- $101 / 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
2024 $2,565 $59,000 $0 $0
2023 $1,428 $47,000 $0 $0
2022 $1,213 $40,400 $0 $0
2021 $959 $31,300 $0 $0
2020 $947 $27,100 $0 $0
2019 $932 $25,300 $0 $0
2018 $0 $0 $0 $0
2017 $77 $20,900 $0 $0
2016 $819 $20,800 $0 $0
2015 $2,010 $20,100 $0 $0
2013 $2,080 $21,600 $0 $0
2012 $1,278 $22,400 $5,800 $16,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230088900

Realcomp

APN: 45-014-04-0138-002