NOT LISTED FOR SALE

461 Farnham Ave Lincoln Park, MI 48146

Estimated Value: $127,000 - $164,088

3 Beds
1 Bath
1,152 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 12, 2025

Last sale price $129,000 $112 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $999/month

28 Days on Market

Highlights

  • Ground Level Unit
  • 1 Car Detached Garage
  • 1-Story Property
  • No HOA
  • Bungalow
  • Forced Air Heating System

About This Home

As of February 2025

This charming bungalow-style home offers endless potential, featuring 3 cozy bedrooms and a full bathroom, perfect for someone looking to add their personal touch. With a spacious, unfinished basement, there's plenty of room to expand or create a unique living space. The home’s layout and character create a welcoming atmosphere, ideal for making lasting memories. Whether you're a first-time homebuyer or someone seeking a project with great possibilities, this bungalow is ready to become the cozy home you've always dreamed of. Don't miss the opportunity to make it your own!

Last Agent to Sell the Property

Zena Dakroub

Realty Executives Classic License #6501349540 Listed on: 12/27/2024

Realty Executives Classic

Last Buyer's Agent

Michael Saad

RE/MAX Leading Edge License #6501414666

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00 x 93.20

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Poured Concrete

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • G P Emricks School Lawn Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45008060265002

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Assessment: 302.00
  • Year Built: 1951
  • State Equalized Value: 70900.0000
  • Entry Location: Ground Level
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1152
  • Total Sq Ft: 1152
  • Sq Ft Total Bsmt: 768

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Poured
  • Frontage Feet: 1
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lincoln Park

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 40.00 x 93.20
  • Parcel Number: 45008060265002

Tax Info

  • Tax Amount Summer: 2823.0000
  • Tax Amount Winter: 584.0000
  • Total Tax: 3407.0000
  • Taxable Value: 57991.0000

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2024
Closed on
Feb 5, 2025
Sold by
Michigan State Housing Development Autho
Bought by
Sss Investment Inc
Seller's Agent
Zena Dakroub
Realty Executives Classic
Buyer's Agent
Michael Saad
RE/MAX Leading Edge
List Price
$139,900
Sold Price
$129,000
Premium/Discount to List
-$10,900
-7.79%
Views
38
Current Estimated Value
$140,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,272
Avg. Annual Appreciation
15.56%

Purchase Details

Closed on
Mar 28, 2024
Sold by
Sheriff Of Wayne County
Bought by
Michigan State Hsng Dev Auth

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 22, 2021
Sold by
Wilgus Timothy
Bought by
Zapata Jenna Angela
Seller's Agent
Heather Covell
Good Company
Buyer's Agent
Kim Finneran
RE/MAX Dream Properties
List Price
$135,000
Sold Price
$141,500
Premium/Discount to List
$6,500
4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.46%
Original Mortgage
$9,789
Interest Rate
3%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Nov 10, 2014
Sold by
Wilgus Andrea
Bought by
Wilgus Timothy

Purchase Details

Closed on
Mar 12, 2004
Sold by
Wilgus Tim and Wilgus Andrea M
Bought by
Wilgus Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,132
Interest Rate
5.63%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2000
Sold by
Mata Nicole
Bought by
Andrea M Loiola

Purchase Details

Closed on
Apr 8, 1997
Sold by
Lori R and Roman William F
Bought by
Nicole Mata and Riojas Alfredo R
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
Sss Investment Inc $129,000 None Listed On Document
Michigan State Hsng Dev Auth $137,514 None Listed On Document
Zapata Jenna Angela $141,500 None Available
Wilgus Timothy -- None Available
Wilgus Tim -- Complete Title Services Of S
Andrea M Loiola $89,900 --
Nicole Mata $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zapata Jenna Angela $9,789
Previous Owner Zapata Jenna Angela $137,255
Previous Owner Wilgus Andre Marie $111,086
Previous Owner Wilgus Andrea M $117,232
Previous Owner Wilgus Tim $28,545
Previous Owner Wilgus Tim $93,132
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Sold $129,000 -7.8% $112 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
12/27/2024 12/27/24 For Sale $139,900 -1.1% $121 / Sq Ft
07/22/2021 07/22/21 Sold $141,500 +4.8% $129 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $135,000 -- $123 / 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 $2,823 $75,900 $0 $0
2024 $2,823 $70,900 $0 $0
2023 $2,390 $65,700 $0 $0
2022 $2,823 $52,600 $0 $0
2021 $1,601 $44,300 $0 $0
2020 $1,587 $37,500 $0 $0
2019 $1,254 $32,000 $0 $0
2018 $1,130 $28,800 $0 $0
2017 $834 $26,900 $0 $0
2016 $1,473 $27,700 $0 $0
2015 $2,720 $27,200 $0 $0
2013 $2,790 $29,100 $0 $0
2012 $1,718 $30,000 $5,500 $24,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240094040

Realcomp

APN: 45-008-06-0265-002