NOT LISTED FOR SALE

2040 Montie Rd Lincoln Park, MI 48146

Estimated Value: $159,000 - $186,000

4 Beds
1 Bath
1,528 Sq Ft
$114/Sq Ft Est. Value

Last Sold January 07, 2020

Last sale price $105,000 $69 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,143/month

46 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System
  • 1 Car Attached Garage

About This Home

As of January 2020

This home is located at 2040 Montie Rd, Lincoln Park, MI 48146 since 09 September 2019 and is currently estimated at $174,482, approximately $114 per square foot. This property was built in 1937. 2040 Montie Rd is a home located in Wayne County with nearby schools including Lafayette School, Lincoln Park Middle School, and Lincoln Park High School.

Last Agent to Sell the Property

Adel Charara

Keller Williams Legacy License #6501393887 Listed on: 09/09/2019

Last Buyer's Agent

Dean Agius

3Sixty5 Realty License #6501349445

3Sixty5 Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1937 | Remodeled in 2019

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 53.00x104.00

Parking

  • 1 Car Attached Garage

Home Design

  • Bungalow
  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,528 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • DIX Boulevard Villas Sub Lincoln Pk Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45004030240000
  • $5,942 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,985

Year Built

Built in 1937 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 573.57
  • Year Built: 1937
  • State Equalized Value: 28000.0000
  • Year Renovated: 2019
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Free-Standing Gas Oven, Free-Standing Refrigerator
  • Sq Ft Combined: 1528
  • Total Sq Ft: 1528
  • Sq Ft Total Bsmt: 628

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 53
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Natural Gas
  • 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: 784615.3846
  • Lot Size Area: 0.13
  • Lot Dimensions: 53.00X104.00
  • Parcel Number: 45004030240000

Tax Info

  • Tax Amount Summer: 357.0000
  • Tax Amount Winter: 1628.0000
  • Total Tax: 1985.0000
  • Taxable Value: 28000.0000

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Jan 7, 2020
Sold by
Reign Enterprises Llc
Bought by
Khabir Ibraheem M and Rakes Khabir Jaime K
Seller's Agent
Adel Charara
Keller Williams Legacy
Buyer's Agent
Dean Agius
3Sixty5 Realty
List Price
$108,000
Sold Price
$105,000
Premium/Discount to List
-$3,000
-2.78%
Current Estimated Value
$174,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,482
Avg. Annual Appreciation
8.94%
Original Mortgage
$101,850
Outstanding Balance
$91,107
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$79,491

Purchase Details

Listed on
Apr 24, 2018
Closed on
Aug 9, 2018
Sold by
Jc Gemini Iii E Llc
Bought by
Reign Enterprises Llc
Seller's Agent
Mark Hutter
Detroit Investment Company
Buyer's Agent
Adel Charara
Keller Williams Legacy
List Price
$56,500
Sold Price
$48,500
Premium/Discount to List
-$8,000
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.94%

Purchase Details

Closed on
Jan 17, 2014
Sold by
Fannie Mae
Bought by
Jc Gemini Iii-D Llc

Purchase Details

Closed on
Apr 1, 2013
Sold by
Onewest Bank Fsb
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jan 17, 2013
Sold by
Nutter Wayne D
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Jun 20, 2003
Sold by
Nutter Wayne D and Nutter Wendy S
Bought by
Nutter Wayne D
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
Khabir Ibraheem M $105,000 None Available
Reign Enterprises Llc $48,500 None Available
Jc Gemini Iii-D Llc $13,475 Servicelink
Fannie Mae -- None Available
Onewest Bank Fsb $111,002 None Available
Nutter Wayne D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khabir Ibraheem M $101,850
Previous Owner Nutter Wayne D $104,800
Previous Owner Nutter Wayne D $26,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2020 01/07/20 Sold $105,000 +2.9% $69 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/18/2019 10/18/19 Price Changed $102,000 -5.6% $67 / Sq Ft
09/09/2019 09/09/19 For Sale $108,000 +122.7% $71 / Sq Ft
08/09/2018 08/09/18 Sold $48,500 -11.7% $32 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/11/2018 06/11/18 Price Changed $54,900 -2.8% $36 / Sq Ft
04/24/2018 04/24/18 For Sale $56,500 -- $37 / 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 $2,327 $87,900 $0 $0
2024 $2,327 $74,400 $0 $0
2023 $2,206 $63,100 $0 $0
2022 $2,606 $51,100 $0 $0
2021 $2,540 $46,800 $0 $0
2020 $1,830 $40,300 $0 $0
2019 $2,044 $32,900 $0 $0
2018 $3,700 $28,000 $0 $0
2017 $917 $30,100 $0 $0
2016 $2,181 $30,800 $0 $0
2015 $3,020 $30,200 $0 $0
2013 $3,360 $33,600 $0 $0
2012 $1,957 $34,800 $7,000 $27,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219092960

Realcomp

APN: 45-004-03-0240-000