NOT LISTED FOR SALE

2874 Bailey Ave Lincoln Park, MI 48146

Estimated Value: $165,000 - $172,000

3 Beds
1.5 Baths
1,065 Sq Ft
$159/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $165,000 $155 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,086/month

22 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Awning
  • Covered Patio or Porch
  • Bungalow
  • 3-minute walk to Paun Park

About This Home

As of June 2024

Prime location for this Downriver Bungalow. Move-In ready, has been traditionally updated and well maintained. House features updated bath with new fixtures, tile and vanity, lighting throughout, flooring with carpet in living, hall and beds. Spacious upstairs bedroom. House has a fresh exterior with charming covered front porch & updated cement drive and approach. Mechanicals have been replaced in the last few years. Fully fenced lot with nice sized garage. Convenient location with quick access to I75, schools, parks and shopping and restaurants. Immediate Occupancy.

Last Agent to Sell the Property

Mark Gutierrez

Home Direct Realty License #6502417693 Listed on: 05/11/2024

Last Buyer's Agent

Angie Sierra

RE/MAX City Centre License #6501447040

RE/MAX City Centre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950 | Remodeled in 2022

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00 x 110.00
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Poured Concrete
  • Asphalt Roof
  • Asbestos

Interior Spaces

  • 1,065 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Awning
  • Unfinished Basement
  • Stubbed For A Bathroom

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 45014020553002
  • $2,500 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Pennsylvania Lincolnshire Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,979

Year Built

Built in 1950 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1950
  • State Equalized Value: 45600.0000
  • Year Renovated: 2022
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 100 Amp Service, Cable Available
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Bath/Stubbed
  • Total Sq Ft: 1065

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Asbestos
  • Exterior Features: Awning/Overhang(s), Lighting, Fenced
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Patio, Porch, Patio - Covered, Covered
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Electricity, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00 x 110.00
  • Parcel Number: 45014020553002

Tax Info

  • Tax Amount Summer: 1610.0000
  • Tax Amount Winter: 369.0000
  • Total Tax: 1979.0000
  • Taxable Value: 37202.0000

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2024
Closed on
Jun 20, 2024
Sold by
Despotis Zapher
Bought by
Rodriguez Luis
Seller's Agent
Mark Gutierrez
Home Direct Realty
Buyer's Agent
Angie Sierra
RE/MAX City Centre
List Price
$164,900
Sold Price
$165,000
Premium/Discount to List
$100
0.06%
Views
60
Current Estimated Value
$169,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,153
Avg. Annual Appreciation
1.86%
Original Mortgage
$160,050
Outstanding Balance
$158,035
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$11,118

Purchase Details

Listed on
May 11, 2024
Closed on
May 30, 2024
Sold by
Kollias Jaimie and Kollias Cleopatra
Bought by
Despotis Zapher
Seller's Agent
Mark Gutierrez
Home Direct Realty
Buyer's Agent
Angie Sierra
RE/MAX City Centre
List Price
$164,900
Sold Price
$165,000
Premium/Discount to List
$100
0.06%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,050
Outstanding Balance
$158,035
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$11,118

Purchase Details

Closed on
Aug 5, 2020
Sold by
Beaudoin Patricia and The Patricia Beaudoin Revocabl
Bought by
Kollias Jaimie and Kollias Cleopatra

Purchase Details

Closed on
Feb 10, 2016
Sold by
Beaudoin Patricia A and Beaudoin John R
Bought by
Beaudoin Patricia and The Patricia Beaudoin Revocable Trust
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
Rodriguez Luis $165,000 Ata National Title
Despotis Zapher -- None Listed On Document
Kollias Jaimie $26,000 Michigan Title Ins Agcy Inc
Kollias Jaimie $26,000 Michigan Title Insurance Agenc
Beaudoin Patricia -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Luis $160,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2024 06/20/24 Sold $165,000 +0.1% $155 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/11/2024 05/11/24 For Sale $164,900 -- $155 / 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 $2,409 $75,100 $0 $0
2024 $2,409 $51,900 $0 $0
2023 $1,610 $45,600 $0 $0
2022 $1,900 $41,000 $0 $0
2021 $1,861 $34,300 $0 $0
2020 $1,276 $30,700 $0 $0
2019 $1,009 $27,800 $0 $0
2018 $909 $25,500 $0 $0
2017 $680 $22,800 $0 $0
2016 $1,182 $22,400 $0 $0
2015 $2,170 $21,700 $0 $0
2013 $2,230 $23,300 $0 $0
2012 $1,383 $24,000 $5,700 $18,300
Source: Public Records

Agents Affiliated with this Home

  • Mark Gutierrez

    Seller's Agent in 2024

    Mark Gutierrez

    Home Direct Realty

    (313) 477-1299

    10 in this area

    61 Total Sales

    Mark Gutierrez
    Section Image
  • Angie Sierra

    Buyer's Agent in 2024

    Angie Sierra

    RE/MAX

    (313) 528-3002

    11 in this area

    101 Total Sales

    Angie Sierra
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240023216

Realcomp

APN: 45-014-02-0553-002

Michigan Wayne County Lincoln Park 48146

2874 Bailey Ave, Lincoln Park, MI

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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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