NOT LISTED FOR SALE

3005 Bailey Ave Lincoln Park, MI 48146

Estimated Value: $146,000 - $166,000

3 Beds
1 Bath
1,094 Sq Ft
$144/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $38,000 $35 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $1,027/month

Highlights

  • No HOA
  • Forced Air Heating System
  • 5-minute walk to Paun Park
  • Bungalow
  • Dogs and Cats Allowed

About This Home

As of March 2016

This nice bungalow is freshly updated, features 3 spacious bedrooms, hardwood floors throughout, covered porch, and storage shed in backyard. Further highlighted by an unfinished basement ideal for storage. Pets allowed w fees and restrictions - No smoking - 12 month minimum lease - 1 month minimum security deposit - Applicant's gross monthly income must be 3x rental rate - 35 dollar application for first applicant - 30 dollar application fee for additional applicants.

Last Agent to Rent the Property

Valerie DiBartolomeo

Aspect Properties, LLC License #6501351208 Listed on: 01/20/2016

Last Renter's Agent

Brett Boike

Aspect Properties, LLC License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45.00x110.00

Home Design

  • Bungalow

Interior Spaces

  • 1,094 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Pennsylvania Lincolnshire Sub Subdivision

Listing and Financial Details

  • Security Deposit $850
  • 12 Month Lease Term
  • Application Fee: 35.00
  • Assessor Parcel Number 45014020188000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,438

Year Built

Built in 1950

Lot Details

0

Rental Info

  • Application Fee: 35.00
  • Lease Type: Single Family House
  • Security Deposit: 850.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1950
  • Pets Allowed: Cats OK | Dogs OK | Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Total Sq Ft: 1094

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 8181.8182
  • Lot Size Area: 0.11
  • Lot Dimensions: 45.00X110.00
  • Parcel Number: 45014020188000

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2020
Sold by
Gmw Reh Llc
Bought by
Five For Two Llc
Current Estimated Value
$157,373

Purchase Details

Closed on
Jul 10, 2018
Sold by
Table Top Homes Llc
Bought by
Gmw Reh Llc

Purchase Details

Closed on
Nov 2, 2017
Sold by
Horizon Trust Company Custodian
Bought by
Table Top Homes Llc

Purchase Details

Closed on
Jan 29, 2015
Sold by
5 Choices Llc
Bought by
Horizon Trust Company and Norman Clark Pate Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,200
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2015
Sold by
Gwh Properties Llc
Bought by
5 Choices Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,200
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 8, 2014
Closed on
Oct 30, 2014
Sold by
Ferry Roseann and Faino Nicole
Bought by
Gwh Properties Llc
Seller's Agent
Paul Endres
Star Properties Management Inc
Buyer's Agent
Zeina Hammoud
Elegant Homes Realty
List Price
$44,500
Sold Price
$38,000
Premium/Discount to List
-$6,500
-14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.79%

Purchase Details

Closed on
May 22, 2014
Sold by
Collins Elaine
Bought by
Ferry Roseann

Purchase Details

Closed on
Mar 23, 2009
Sold by
Collins Elaine
Bought by
Kanalos Robert

Purchase Details

Closed on
Jul 23, 1993
Sold by
Kanalos Emma
Bought by
Collins Elaine
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
Five For Two Llc -- None Available
Gmw Reh Llc $29,900 None Available
Table Top Homes Llc $32,000 None Available
Horizon Trust Company $63,500 None Available
5 Choices Llc $55,250 None Available
Gwh Properties Llc $38,000 Michigan Title Insurance Age
Ferry Roseann $8,500 None Available
Kanalos Robert -- None Available
Collins Elaine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horizon Trust Company $48,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2016 03/29/16 Rented $900 -5.3% --
03/28/2016 03/28/16 Under Contract -- -- --
01/20/2016 01/20/16 For Rent $950 +11.8% --
06/25/2015 06/25/15 Rented $850 0.0% --
06/22/2015 06/22/15 Under Contract -- -- --
05/21/2015 05/21/15 For Rent $850 0.0% --
10/30/2014 10/30/14 Sold $38,000 -14.6% $35 / Sq Ft View Prior Sale
10/23/2014 10/23/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $44,500 -- $41 / 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 $2,438 $66,100 $0 $0
2024 $2,438 $60,300 $0 $0
2023 $2,314 $54,300 $0 $0
2022 $2,575 $48,600 $0 $0
2021 $2,515 $40,500 $0 $0
2020 $2,490 $36,200 $0 $0
2019 $2,088 $33,600 $0 $0
2018 $1,597 $29,800 $0 $0
2017 $808 $26,700 $0 $0
2016 $1,905 $26,100 $0 $0
2015 $2,520 $25,200 $0 $0
2013 $2,580 $26,900 $0 $0
2012 $1,593 $27,700 $6,200 $21,500
Source: Public Records

Agents Affiliated with this Home

  • V

    Landlord's Agent in 2016

    Valerie DiBartolomeo

    Aspect Properties, LLC

  • B

    Tenant's Agent in 2016

    Brett Boike

    Aspect Properties, LLC

  • J

    Buyer's Agent in 2015

    Jessica White

    EXP Realty

    Section Image

  • P

    Seller's Agent in 2014

    Paul Endres

    Star Properties Management Inc

    Section Image

  • Z

    Buyer's Agent in 2014

    Zeina Hammoud

    Elegant Homes Realty

    (313) 581-3800

    Zeina Hammoud
    Section Image
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Map

Source: Realcomp

MLS Number: 216006184

Realcomp

APN: 45-014-02-0188-000

Michigan Wayne County Lincoln Park 48146

3005 Bailey Ave, Lincoln Park, MI

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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