NOT LISTED FOR SALE

180 S Lynn Ave Waterford, MI 48328

Waterford Township Neighborhood

Estimated Value: $218,000 - $286,117

5 Beds
3 Baths
2,320 Sq Ft
$107/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $100,000 $43 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,709/month

118 Days on Market

About This Home

As of December 2021

This is an extremely rare three-unit multi-family home centrally located in desirable Waterford. This is perfect for an investor or an owner occupant looking to live in one and rent the other units. Featuring three full units including full bathrooms and a full basement, off-street parking for multiple cars. Located on a quiet tree-lined street near countless amenities, great schools, shopping, and major employers. This property offers a blank canvas and is in need of work but offers a tremendous upside with instant equity. The property has been cleared out and is currently vacant, no need to worry about coordinating with holdover tenants.

Last Agent to Sell the Property

Sami Abdallah

RE/MAX City Centre License #6502377453 Listed on: 08/06/2021

RE/MAX City Centre

Last Buyer's Agent

Judy Palmer

RE/MAX Showcase Homes License #6502118318

RE/MAX Showcase Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1901

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00x100.00

Home Design

  • Triplex
  • Block Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,320 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • Paved Parking
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 1325382015

Community Details

Overview

  • 3 Units
  • Annett Villa Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,629

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 12.53
  • Year Built: 1901
  • State Equalized Value: 68850.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2320
  • Total Sq Ft: 2320
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street, Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Waterford

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00X100.00
  • Parcel Number: 1325382015
  • Zone Conform: Yes
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1191.0000
  • Tax Amount Winter: 438.0000
  • Total Tax: 1629.0000
  • Taxable Value: 30140.0000

Multi Family

  • Number Of Units Total: 3
  • Unit Count: 3
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Dec 14, 2021
Sold by
Temple Homes Inc
Bought by
Ivanov Valentin
Seller's Agent
Sami Abdallah
RE/MAX City Centre
Buyer's Agent
Judy Palmer
RE/MAX Showcase Homes
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%
Current Estimated Value
$248,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,029
Avg. Annual Appreciation
28.01%

Purchase Details

Closed on
Jul 9, 2021
Sold by
Roteman Troy
Bought by
Temple Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2001
Sold by
Land Contract Equities I
Bought by
Roteman Troy

Purchase Details

Closed on
Dec 26, 1997
Sold by
Rogers Nevada G
Bought by
Land Contract Equities Inc
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
Ivanov Valentin $100,000 Michigan Title Insurance Agenc
Temple Homes Inc $70,000 Michigan Title Ins Agcy Inc
Roteman Troy $30,000 --
Land Contract Equities Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Temple Homes Inc $152,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $100,000 -4.7% $43 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/18/2021 11/18/21 Price Changed $104,900 -12.5% $45 / Sq Ft
10/18/2021 10/18/21 For Sale $119,900 0.0% $52 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/09/2021 09/09/21 Price Changed $119,900 -7.7% $52 / Sq Ft
08/06/2021 08/06/21 For Sale $129,900 -- $56 / 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 $4,646 $125,900 $0 $0
2023 $1,940 $52,540 $0 $0
2022 $3,306 $58,380 $0 $0
2021 $1,124 $55,360 $0 $0
2020 $1,191 $68,850 $0 $0
2019 $1,602 $52,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sami Abdallah

    Seller's Agent in 2021

    Sami Abdallah

    RE/MAX

    (313) 681-5195

    2 in this area

    117 Total Sales

    Sami Abdallah
    Section Image
  • Judy Palmer

    Buyer's Agent in 2021

    Judy Palmer

    RE/MAX

    (248) 568-0338

    5 in this area

    100 Total Sales

    Judy Palmer
    Section Image
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Map

Source: Realcomp

MLS Number: 2210060549

Realcomp

APN: 13-25-382-015

Michigan Oakland County Waterford 48328 Waterford Township

180 S Lynn Ave, Waterford, MI

This home is located at 180 S Lynn Ave, Waterford, MI 48328 since 06 August 2021 and is currently estimated at $248,029, approximately $106 per square foot. This property was built in 1901. 180 S Lynn Ave is a home located in Oakland County with nearby schools including Donelson Hills Elementary School, Mason Middle School, and Waterford Mott High School.

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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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