NOT LISTED FOR SALE

1905 Reo Ave Lincoln Park, MI 48146

Estimated Value: $118,000 - $167,000

3 Beds
2 Baths
847 Sq Ft
$163/Sq Ft Est. Value

Last Sold August 10, 2012

Last sale price $26,551 $31 Per Sq Ft

Est. 419% increase in value since last sale

Current estimated payment $843/month

16 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Ford Motor Park
  • Bungalow

About This Home

As of August 2012

THREE BEDROOM VINYL BUNGALOW. LIVING ROOM AND EAT IN KITCHEN. ONE FULL BATH ON MAIN AND 3/4 BATH IN FINISHED BASEMENT. DECK AND SHED IN BACK YARD. HOMEPATH PROPERTY

Last Agent to Sell the Property

Paul Endres

Star Properties Management Inc License #6502114791 Listed on: 06/30/2012

Last Buyer's Agent

Chad Jishi

KW Professionals License #RCO-6501352918

KW Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 37x104

Home Design

  • Bungalow
  • Vinyl Construction Material

Interior Spaces

  • 847 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Ford Oaks Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45004020550002

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 847
  • Total Sq Ft: 847

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lincoln Park

Lot Info

  • List Price per Acre: 226000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 37X104
  • Parcel Number: 45004020550002

Tax Info

  • Tax Amount Summer: 1171.0000
  • Tax Amount Winter: 297.0000
  • Total Tax: 1468.0000

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2012
Sold by
Bank Of America N A
Bought by
Fannie Mae and Federal National Mortgage Association
Current Estimated Value
$137,916

Purchase Details

Closed on
Nov 23, 2011
Sold by
Cochran Joseph E and Lowry Michelle D
Bought by
Bank Of America N A

Purchase Details

Closed on
Mar 25, 2005
Sold by
Melendez Melanie and Vega Melanie M
Bought by
Cochran Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,900
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 14, 2000
Sold by
Stubbs Paula A
Bought by
Vega Melanie M
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
Fannie Mae -- None Available
Bank Of America N A $109,153 None Available
Cochran Joseph E $104,900 Multiple
Vega Melanie M $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharpe James $68,000
Closed Sharpe James $41,000
Closed Sharpe James $38,500
Previous Owner Cochran Joseph E $26,848
Previous Owner Cochran Joseph E $104,900
Previous Owner Vega Melanie M $12,000
Previous Owner Vega Melanie M $84,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2012 08/10/12 Sold $26,551 +17.5% $31 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
06/30/2012 06/30/12 For Sale $22,600 -- $27 / 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 $1,105 $66,100 $0 $0
2024 $1,105 $55,800 $0 $0
2023 $1,048 $47,200 $0 $0
2022 $1,239 $38,400 $0 $0
2021 $1,213 $37,800 $0 $0
2020 $1,202 $30,300 $0 $0
2019 $950 $24,900 $0 $0
2018 $855 $21,100 $0 $0
2017 $709 $22,700 $0 $0
2016 $1,495 $23,200 $0 $0
2015 $2,270 $22,700 $0 $0
2013 $2,410 $25,200 $0 $0
2012 $1,468 $26,100 $5,700 $20,400
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Paul Endres

    Star Properties Management Inc

    Section Image
  • Chad Jishi

    Buyer's Agent in 2012

    Chad Jishi

    KW Professionals

    (734) 304-0000

    18 in this area

    227 Total Sales

    Chad Jishi
    Section Image
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Map

Source: Realcomp

MLS Number: 212067827

Realcomp

APN: 45-004-02-0550-002

Michigan Wayne County Lincoln Park 48146

1905 Reo Ave, Lincoln Park, MI

This home is located at 1905 Reo Ave, Lincoln Park, MI 48146 since 30 June 2012 and is currently estimated at $137,916, approximately $162 per square foot. This property was built in 1941. 1905 Reo Ave 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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