NOT LISTED FOR SALE

3406 Ferris Ave Lincoln Park, MI 48146

Estimated Value: $173,000 - $185,665

3 Beds
1 Bath
1,145 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 10, 2012

Last sale price $26,500 $23 Per Sq Ft

Est. 571% increase in value since last sale

Current estimated payment $1,184/month

Highlights

  • 1.5-Story Property
  • Forced Air Heating System
  • 3-minute walk to Ford Park
  • No HOA
  • 2 Car Garage

About This Home

As of June 2012

Distress sale

Last Agent to Sell the Property

Hany Barakat

America's Best Choice Realty LLC License #6502418522 Listed on: 05/31/2012

Last Buyer's Agent

Hany Barakat

America's Best Choice Realty LLC License #RCO-6502418522

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 30x100
  • Property fronts a private road

Parking

  • 2 Car Garage

Home Design

  • 1,145 Sq Ft Home
  • 1.5-Story Property
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • Emmon Orchard Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45012081778000

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 1/2 Story
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 1145
  • Total Sq Ft: 1145

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Road Frontage Type: Private

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

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

  • Homestead: Yes
  • List Price per Acre: 216667.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 30X100
  • Parcel Number: 45012081778000

Tax Info

  • Tax Amount Summer: 1700.0000
  • Tax Amount Winter: 430.0000
  • Total Tax: 2130.0000

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2012
Closed on
Jun 8, 2012
Sold by
Muhsin Taha and Muhsin Bassam
Bought by
Mitchell Lisa
Seller's Agent
Hany Barakat
America's Best Choice Realty LLC
Buyer's Agent
Hany Barakat
America's Best Choice Realty LLC
List Price
$26,000
Sold Price
$26,500
Premium/Discount to List
$500
1.92%
Current Estimated Value
$177,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,416
Avg. Annual Appreciation
15.66%

Purchase Details

Closed on
Feb 16, 2012
Sold by
Mitchell Lisa and Mitchell Darrell
Bought by
Metropolitan Properties Llc

Purchase Details

Closed on
Jun 8, 2011
Sold by
Mitchell Lisa
Bought by
Muhsin Taha

Purchase Details

Closed on
Jun 30, 2006
Sold by
Novotney Betty J
Bought by
Mitchell Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
9.92%
Mortgage Type
Unknown
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
Mitchell Lisa $50,000 None Available
Mitchell Lisa -- None Available
Metropolitan Properties Llc $22,115 None Available
Muhsin Taha $26,500 None Available
Mitchell Lisa $126,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Lisa $53,300
Closed Mitchell Lisa $60,000
Previous Owner Mitchell Lisa $9,089
Previous Owner Mitchell Darrell $126,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2012 06/10/12 Sold $26,500 +1.9% $23 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $26,000 -- $23 / 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 $2,579 $83,500 $0 $0
2024 $2,579 $76,300 $0 $0
2023 $2,449 $69,600 $0 $0
2022 $2,035 $59,300 $0 $0
2021 $1,993 $55,500 $0 $0
2020 $1,976 $48,100 $0 $0
2019 $1,630 $46,400 $0 $0
2018 $1,407 $43,000 $0 $0
2017 $1,011 $39,100 $0 $0
2016 $1,810 $35,000 $0 $0
2015 $3,360 $33,600 $0 $0
2013 $3,470 $35,500 $0 $0
2012 $2,132 $37,200 $6,200 $31,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2012

    Hany Barakat

    America's Best Choice Realty LLC

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Map

Source: Realcomp

MLS Number: 212065163

Realcomp

APN: 45-012-08-1778-000

Michigan Wayne County Lincoln Park 48146

3406 Ferris Ave, Lincoln Park, MI

This home is located at 3406 Ferris Ave, Lincoln Park, MI 48146 since 31 May 2012 and is currently estimated at $177,916, approximately $155 per square foot. This property was built in 1951. 3406 Ferris Ave is a home located in Wayne County with nearby schools including Earl F. Carr 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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