NOT LISTED FOR SALE

1923 Reo Ave Lincoln Park, MI 48146

Estimated Value: $131,000 - $149,350

3 Beds
1 Bath
1,032 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $64,900 $63 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $874/month

11 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 5-minute walk to Ford Motor Park
  • Bungalow
  • Ceiling Fan

About This Home

As of March 2017

This house has recently been updated. Updated kitchen cabinets, updated granite counters, subway style backsplash. Full bath is also updated and very nice. New fixtures, hardware, glass block windows, refinished hardwood floors, new carpeting, fresh paint, updated interior 6 panels doors. Ask your agent about other recent updates. Purchasers must be Pre-Approved with a letter that states that income, assets & credit have been VERIFIED & that the Purchaser has passed automated underwriting. Room Sizes are Estimated. Seller is a licensed real estate agent/broker. The Seller will provide the Certificate of Occupancy before closing.

Last Agent to Sell the Property

Kathleen Bowles

RE/MAX First License #6501225824 Listed on: 02/12/2017

Last Buyer's Agent

Cynthia Moreno

RE/MAX Innovation License #RCO-6501360360

RE/MAX Innovation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941 | Remodeled in 2017

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x113.00

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 1,032 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Partially Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

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 45004020553002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,472

Year Built

Built in 1941 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1941
  • Year Renovated: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave
  • Sq Ft Combined: 1728
  • Sq Ft Lower Floor: 696
  • Total Sq Ft: 1032
  • Sq Ft Total Bsmt: 696

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • 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: 649000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X113.00
  • Parcel Number: 45004020553002

Tax Info

  • Tax Amount Summer: 1222.0000
  • Tax Amount Winter: 250.0000
  • Total Tax: 1472.0000

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2017
Sold by
Palacios Rivera Julio
Bought by
Palacios Rivera Julio
Current Estimated Value
$144,088

Purchase Details

Listed on
Feb 12, 2017
Closed on
Mar 31, 2017
Sold by
Jsr Funding Llc
Bought by
Palacios Rivera Julio
Seller's Agent
Kathleen Bowles
RE/MAX First
Buyer's Agent
Cynthia Moreno
RE/MAX Innovation
List Price
$64,900
Sold Price
$64,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$50,773
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2015
Sold by
Treasurer City Of Lincoln Park
Bought by
Jsr Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,044,646
Interest Rate
4.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 26, 2015
Sold by
Wayne County Treasurer
Bought by
Treasurer City Of Lincoln Park

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,044,646
Interest Rate
4.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 2, 2010
Sold by
Harris Debra Susan and Garber Sandra
Bought by
Fuentes Raul and Fuentes Graciela
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
Palacios Rivera Julio -- Visionary Title Agency Llc
Palacios Rivera Julio $64,900 None Available
Jsr Funding Llc $835,998 None Available
Treasurer City Of Lincoln Park $9,657 None Available
Fuentes Raul $19,900 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palacios Rivera Julio Cesar $50,773
Previous Owner Jsr Funding Llc $500,000
Previous Owner Jsr Funding Llc $1,044,646
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $64,900 0.0% $63 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
02/12/2017 02/12/17 For Sale $64,900 -- $63 / 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 $1,069 $62,500 $0 $0
2024 $1,069 $52,800 $0 $0
2023 $1,013 $45,000 $0 $0
2022 $1,198 $37,100 $0 $0
2021 $1,172 $36,400 $0 $0
2020 $1,162 $29,400 $0 $0
2019 $918 $23,500 $0 $0
2018 $827 $20,400 $0 $0
2017 $674 $21,800 $0 $0
2016 $1,560 $21,200 $0 $0
2015 $2,080 $20,800 $0 $0
2013 $2,210 $23,000 $0 $0
2012 $1,381 $24,000 $5,700 $18,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kathleen Bowles

    RE/MAX

  • C

    Buyer's Agent in 2017

    Cynthia Moreno

    RE/MAX

    (313) 350-4804

    14 in this area

    51 Total Sales

    Cynthia Moreno
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Map

Source: Realcomp

MLS Number: 217010636

Realcomp

APN: 45-004-02-0553-002

Michigan Wayne County Lincoln Park 48146

1923 Reo Ave, Lincoln Park, MI

This home is located at 1923 Reo Ave, Lincoln Park, MI 48146 since 12 February 2017 and is currently estimated at $144,088, approximately $139 per square foot. This property was built in 1941. 1923 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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