NOT LISTED FOR SALE

18550 Lincoln Dr Lathrup Village, MI 48076

Estimated Value: $321,000 - $332,689

3 Beds
2.5 Baths
1,785 Sq Ft
$184/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $155,000 $87 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,072/month

14 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Security System Owned
  • No HOA
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2014

THIS 2 TIME AWARD WINNING 3BR BRICK RANCH W/ ATTACHED 2 CAR SIDE ENTRY GARAGE IN A HIGH DEMAND SUBDIVISION, HAS A VERY ATTRACTIVE LAYOUT WITH GENEROUS ROOM SIZES, INCLUDES AN OPEN LIVING ROOM AND DINING ROOM, LARGE EAT-IN KITCHEN, FAMILY ROOM WITH NATURAL FIREPLACE AND A SIZABLE MASTER BEDROOM AND MASTER BATH. THE FULL BASEMENT FEATURES HIGH CEILING, A 1/2 BATH AND A CEDAR CLOSET, IT HAS THE POTENTIAL TO OFFER THE PERFECT ENTERTAINMENT VENUE. THIS FANASTIC HOME IS CLOSE TO PUBLIC TRANSPORTATION AND SHOPPING AND WILL NOT LAST. PROBATE APPROVAL HAS BEEN GRANTED BY OAKLAND COUNTY PROBATE COURT. BUYER RESPONSIBLE FOR COST OF INSPECTIONS AND REPAIRS IF REQUIRED. SOLD AS-IS, FINANCING IS ONLY CASH AND CONVENTIONAL. BACK ON MARKET LOSS BUYER.

Last Agent to Sell the Property

Stuart Boswell

Lynn & Associates License #6501235717 Listed on: 06/03/2014

Last Buyer's Agent

Betty Thomas

Real Estate Management Specialists Inc License #6501368167

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1971

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 72x150

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,785 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump
  • Security System Owned
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Breezeway
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Louise Lathrup's California Bungalow Sub No 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2423257044
  • $4,650 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,073

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1971
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Range/Stove
  • Sq Ft Combined: 3385
  • Sq Ft Lower Floor: 1600
  • Total Sq Ft: 1785
  • Sq Ft Total Bsmt: 1795

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 72
  • Porch Type: Breezeway, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southfield Public Schools

Lot Info

  • Homestead: Yes
  • List Price per Acre: 592000.0000
  • Lot Size Area: 0.25
  • Lot Dimensions: 72X150
  • Parcel Number: 2423257044

Tax Info

  • Tax Amount Summer: 2500.0000
  • Tax Amount Winter: 573.0000
  • Total Tax: 3073.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2014
Closed on
Oct 30, 2014
Sold by
Estate Of Anthony T Peacock and Farria Diana Lynn
Bought by
Bailey Denise L
Seller's Agent
Stuart Boswell
Lynn & Associates
Buyer's Agent
Betty Thomas
Real Estate Management Specialists Inc
List Price
$140,000
Sold Price
$155,000
Premium/Discount to List
$15,000
10.71%
Current Estimated Value
$328,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,672
Avg. Annual Appreciation
7.20%
Original Mortgage
$152,192
Interest Rate
4.25%
Mortgage Type
FHA
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
Bailey Denise L $155,000 Leading Edge Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Denise L $166,000
Closed Bailey Denise L $143,068
Closed Bailey Denise L $15,000
Closed Bailey Denise L $152,722
Closed Bailey Denise L $152,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $155,000 +10.7% $87 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $140,000 -- $78 / 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 $3,543 $151,850 $0 $0
2023 $3,464 $146,140 $0 $0
2022 $3,212 $124,230 $0 $0
2021 $3,750 $122,120 $0 $0
2020 $3,010 $110,320 $0 $0
2019 $3,683 $102,220 $0 $0
2018 $3,765 $88,510 $0 $0
2017 $3,717 $82,800 $0 $0
2016 $3,716 $74,820 $0 $0
2015 -- $61,800 $0 $0
2014 -- $53,680 $0 $0
2011 -- $59,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214053268

Realcomp

APN: 24-23-257-044