NOT LISTED FOR SALE

421 W Lincoln Ave Cheboygan, MI 49721

Estimated Value: $33,562 - $179,000

3 Beds
2 Baths
1,052 Sq Ft
$121/Sq Ft Est. Value

Last Sold April 02, 2015

Last sale price $17,500 $17 Per Sq Ft

Est. 627% increase in value since last sale

Current estimated payment $774/month

782 Days on Market

About This Home

As of April 2015

This large Victorian home is currently being used as a two unit rental, but it could easily be converted back to a single family home. The upper unit has two bedrooms and a clawfoot tub in the full bathroom. The lower unit has one bedroom, hardwood floors, French doors, and a bay window. Both units have seperate entrances. A washer and dryer hookup are available. In addition, this property features a high efficiency furnace, a new electrical panel, and the roof is only nine years old. Each unit is currently rented for $450 each with the owner paying utilities. No land contract terms available.

Last Agent to Sell the Property

Dale Rogers

Rogers Real Estate Group, Inc License #6502391301 Listed on: 01/31/2013

Last Buyer's Agent

Dale Rogers

Rogers Real Estate Group, Inc License #6502391301 Listed on: 01/31/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,044

Year Built

  • Built in 1909

Lot Details

  • 7,850

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,052 Sq Ft Home
  • Crawl Space

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 7,850 Sq Ft Lot
  • Natural Gas Connected

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,044

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1909
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Accessibility Features: Covered Entrance
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1052.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 25000.0
  • Roof: Composition

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7850.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2013
Closed on
Apr 2, 2015
Sold by
Shepard Lanny G and Shepard Winifred C
Bought by
Agee Michael B and Agee Stacy A
Seller's Agent
Dale Rogers
Rogers Real Estate Group, Inc
Buyer's Agent
Dale Rogers
Rogers Real Estate Group, Inc
List Price
$49,000
Sold Price
$17,500
Premium/Discount to List
-$31,500
-64.29%
Current Estimated Value
$127,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,641
Avg. Annual Appreciation
21.86%
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
Agee Michael B $17,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agee Michael B $35,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2015 04/02/15 Sold $17,500 -64.3% $17 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
01/31/2013 01/31/13 For Sale $49,000 -- $47 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $1,044 $43,500 $0 $0
2024 $757 $36,900 $0 $0
2023 $727 $32,000 $0 $0
2022 $702 $24,200 $0 $0
2021 $901 $22,300 $22,300 $0
2020 $893 $22,600 $22,600 $0
2019 $870 $21,100 $21,100 $0
2018 $867 $21,100 $0 $0
2017 $867 $21,400 $0 $0
2016 $865 $21,400 $0 $0
2015 -- $20,100 $0 $0
2014 -- $19,500 $0 $0
2012 -- $19,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13006134

Southwestern Michigan Association of REALTORS®

APN: 055-G17-001-010-00