$120,000
SOLD OCT 23, 2024

1843 Reo Ave Lincoln Park, MI 48146

3 Beds
1 Bath
1,022 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

1% Above List Price

Highlights

  • Ground Level Unit
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Bungalow
  • 3-minute walk to Ford Motor Park

About This Home

As of March 2025

Sharp 3 bedroom bungalow! Updates include newer roof, siding and windows. Finished Basement and a nice sized garage with a fenced in Backyard. This home will make great for a family, First time homebuyer or an investment property. All of the major items are updated. Beautiful Hardwood Floors beneath the carpet and overall in great condition. A splash of paint and minor updating would make for a great flip or a place to call home. At this price this listing will not last long!!! Ideal location close to the freeway, shopping, restaurants and schools! You don't want to miss this one!

Last Agent to Sell the Property

Abdul Khan

EXP Realty Main License #6501459407 Listed on: 10/07/2024

EXP Realty Main

Last Buyer's Agent

Jim Wallen

The Signature Group Realty, LLC License #6501250272

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1944

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 39.00 x 109.00

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,022 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Penn Outer Drive Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45004010184002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,353

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 7.00
  • Year Built: 1944
  • State Equalized Value: 47200.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 4
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1694
  • Sq Ft Lower Floor: 672
  • Total Sq Ft: 1022
  • Sq Ft Total Bsmt: 672

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 39
  • 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

  • Homestead: Yes
  • Lot Size Area: 0.10
  • Lot Dimensions: 39.00 x 109.00
  • Parcel Number: 45004010184002

Tax Info

  • Tax Amount Summer: 1083.0000
  • Tax Amount Winter: 270.0000
  • Total Tax: 1353.0000
  • Taxable Value: 25017.0000

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2025
Closed on
Mar 28, 2025
Sold by
Plunkett Dennis
Bought by
Sharif Saeed and Abdo Aishah
Seller's Agent
Jim Wallen
The Signature Group Realty, LLC
List Price
$185,000
Sold Price
$176,000
Premium/Discount to List
-$9,000
-4.86%
Views
36
Current Estimated Value
$171,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,360
Avg. Annual Appreciation
-7.77%
Original Mortgage
$158,400
Outstanding Balance
$158,264
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$13,376

Purchase Details

Listed on
Oct 7, 2024
Closed on
Oct 23, 2024
Sold by
Wargo John S
Bought by
Plunkett Dennis
Seller's Agent
Abdul Khan
EXP Realty Main
Buyer's Agent
Jim Wallen
The Signature Group Realty, LLC
List Price
$119,000
Sold Price
$120,000
Premium/Discount to List
$1,000
0.84%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.68%

Purchase Details

Closed on
May 24, 2022
Sold by
Gabrys Cathy I
Bought by
Wargo John S

Purchase Details

Closed on
Nov 3, 2021
Sold by
Warg Theresa A and Gabrys Cathy I
Bought by
Warg Theresa A and Gabrys Cathy I

Purchase Details

Closed on
Dec 14, 2018
Sold by
Wargo Theresa A and Wargo Ernest P
Bought by
Wargo Theresa A and The Wargo Family Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $176,000 None Listed On Document
Warranty Deed $176,000 None Listed On Document
Warranty Deed $120,000 None Listed On Document
Warranty Deed $120,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $158,400 New Conventional
Closed $158,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $176,000 -2.2% $172 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
01/22/2025 01/22/25 Price Changed $179,900 -2.8% $176 / Sq Ft
01/11/2025 01/11/25 For Sale $185,000 +54.2% $181 / Sq Ft
10/23/2024 10/23/24 Sold $120,000 +0.8% $117 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $119,000 -- $116 / 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 $1,142 $55,700 $0 $0
2023 $1,083 $47,200 $0 $0
2022 $1,716 $38,300 $0 $0
2021 $1,254 $37,800 $0 $0
2020 $1,243 $30,200 $0 $0
2019 $981 $25,200 $0 $0
2018 $884 $21,800 $0 $0
2017 $733 $23,400 $0 $0
2016 $1,279 $24,000 $0 $0
2015 $2,350 $23,500 $0 $0
2013 $2,500 $26,100 $0 $0
2012 $1,523 $27,100 $5,600 $21,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240075073

Realcomp

APN: 45-004-01-0184-002