NOT LISTED FOR SALE

1806 Horger St Lincoln Park, MI 48146

Estimated Value: $167,000 - $525,092

4 Beds
4 Baths
1,860 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $200,000 $108 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,977/month

36 Days on Market

About This Home

As of June 2021

GREAT INVESTMENT OPPORTUNITY WITH IMMEDIATE INCOME. Professionally landscaped and very well maintained 4-unit multi-family conveniently located just off of Southfield Fwy & I-75!!! 1 bed, 1 bath apartments with new roof, furnace and hot water tank. Ceiling includes 16" blown-in insulation. These units never last long on the market and are 100% occupied!!! This is a package deal with MLS# 2200021078. Listing price includes both 4 unit buildings. Photos taken prior to tenant occupancy. SOLD AS-IS. Send us your offer today!

Last Agent to Sell the Property

James Keefer

EXP Realty Taylor License #6501395432 Listed on: 03/16/2021

EXP Realty Taylor

Last Buyer's Agent

Xavier Crutcher

OES, REALTORS®, LLC License #6501417966

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $363

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 59.50x113.00

Parking

  • Unassigned Parking

Home Design

  • 1,860 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Lincoln Park Manor Lincoln Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45005030052003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$363

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1955
  • State Equalized Value: 32800.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Combined: 1860
  • Total Sq Ft: 1860

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Frontage Feet: 60
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Lincoln Park

Lot Info

  • Lot Size Area: 0.15
  • Lot Dimensions: 59.50X113.00
  • Parcel Number: 45005030052003
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2275

Tax Info

  • Tax Amount Winter: 363.0000
  • Total Tax: 363.0000
  • Taxable Value: 32800.0000

Multi Family

  • Gross Scheduled Income: 25900.00
  • Number Of Units Total: 4
  • Unit Count: 3
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2021
Sold by
Bsl Property Management Llc
Bought by
Gibbs Burnetta
Current Estimated Value
$289,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$146,612
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$142,911

Purchase Details

Listed on
Mar 16, 2021
Closed on
Jun 17, 2021
Sold by
Nikischer Walter S
Bought by
Bsl Property Management Llc
Seller's Agent
James Keefer
EXP Realty Taylor
Buyer's Agent
Xavier Crutcher
OES, REALTORS®, LLC
List Price
$415,000
Sold Price
$200,000
Premium/Discount to List
-$215,000
-51.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%

Purchase Details

Closed on
Feb 26, 2008
Sold by
Lorincz Robert J and Lorincz Renee A
Bought by
Nikischer Walter S

Purchase Details

Closed on
Aug 26, 2004
Sold by
Endres Paul T and Endres Tamela J
Bought by
Lorincz Robert J
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
Gibbs Burnetta -- None Available
Bsl Property Management Llc $400,000 Michigan Title Ins Agcy Inc
Nikischer Walter S $150,000 Multiple
Lorincz Robert J -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Burnetta $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2021 06/17/21 Sold $200,000 -51.8% $108 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $415,000 -- $223 / 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 $5,296 $106,200 $0 $0
2024 $5,296 $99,600 $0 $0
2023 $5,027 $84,800 $0 $0
2022 $5,593 $77,900 $0 $0
2021 $2,514 $73,700 $0 $0
2020 $2,333 $47,900 $0 $0
2019 $1,934 $35,600 $0 $0
2018 $1,777 $32,800 $0 $0
2017 $1,016 $33,700 $0 $0
2016 $2,282 $34,400 $0 $0
2015 $3,380 $33,800 $0 $0
2013 $3,590 $36,700 $0 $0
2012 $2,783 $38,900 $7,600 $31,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    James Keefer

    EXP Realty Taylor

    Section Image

  • X

    Buyer's Agent in 2021

    Xavier Crutcher

    OES, REALTORS®, LLC

    Section Image
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Map

Source: Realcomp

MLS Number: 2210017179

Realcomp

APN: 45-005-03-0052-003

Michigan Wayne County Lincoln Park 48146

1806 Horger St, Lincoln Park, MI

This home is located at 1806 Horger St, Lincoln Park, MI 48146 since 16 March 2021 and is currently estimated at $289,523, approximately $155 per square foot. This property was built in 1955. 1806 Horger St is a home located in Wayne County with nearby schools including Lafayette School, Lincoln Park Middle School, and Lincoln Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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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