NOT LISTED FOR SALE

462 Lincoln St Lapeer, MI 48446

Estimated Value: $212,000 - $244,000

3 Beds
1.5 Baths
1,000 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $183,000 $183 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,395/month

22 Days on Market

Highlights

  • 0.69 Acre Lot
  • No HOA
  • 2 Car Detached Garage
  • Ranch Style House
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

This beautiful all brick ranch home is located on the beloved Lincoln St in the City of Lapeer. The treed street has sidewalks for walking or biking and located within minutes of schools and downtown. The parklike backyard is completely fenced in and has an incredible playset that is included in the sale. Being in the backyard you don't even feel like you are in the city. Large front porch for enjoying morning coffee or evening sunsets. Original wood flooring in all 3 bedrooms, the hallway and the living room. One updated full bath on the main level and a 1/2 bath in the basement. The front living room has a nice large window for great light. Kitchen has been updated and all appliances included. 2 car detached garage has a steel roof. Finished basement with built-ins and barn wood accents. Call for an appointment today! Buyer to verify all information.

Last Agent to Sell the Property

Rehne Voss

Coldwell Banker Professionals License #6501340410 Listed on: 05/18/2021

Coldwell Banker Professionals

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1956 | Remodeled in 2019

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 85.00x178.00
  • Fenced

Home Design

  • 1,000 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation

Kitchen

  • Free-Standing Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association
  • City Of Lapeer R Lincoln Heights No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number L213040004000
  • $3,852 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,549

Year Built

Built in 1956 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1956
  • State Equalized Value: 55000.0000
  • Year Renovated: 2019
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Total Sq Ft: 1000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Brick/Mortar
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 318695.6500
  • Lot Size Area: 0.69
  • Lot Dimensions: 85.00X178.00
  • Parcel Number: L213040004000

Tax Info

  • Tax Amount Summer: 1083.0000
  • Tax Amount Winter: 466.0000
  • Total Tax: 1549.0000
  • Taxable Value: 55000.0000

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Aug 10, 2021
Sold by
Muir Ryan and Muir Breanne
Bought by
Speagle Timothy J
Seller's Agent
Rehne Voss
Coldwell Banker Professionals
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$219,900
Sold Price
$183,000
Premium/Discount to List
-$36,900
-16.78%
Current Estimated Value
$229,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,120
Avg. Annual Appreciation
5.47%
Original Mortgage
$184,848
Outstanding Balance
$168,084
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$61,036

Purchase Details

Listed on
Oct 13, 2018
Closed on
Jan 14, 2019
Sold by
Tessmer Donald E
Bought by
Muir Ryan and Muir Breanne
Seller's Agent
Salwan Salmo
Keller Williams Premier
Buyer's Agent
Megan Roberts
Coldwell Banker Professionals
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%
Original Mortgage
$132,692
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Listed on
Oct 13, 2018
Closed on
Jan 9, 2019
Sold by
Tessmer Donald E
Bought by
Muir Ryan and Muir Breanne
Seller's Agent
Salwan Salmo
Keller Williams Premier
Buyer's Agent
Megan Roberts
Coldwell Banker Professionals
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,692
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Closed on
Aug 1, 2018
Sold by
Tessmer Robert J
Bought by
Tessmer Donald E

Purchase Details

Closed on
Mar 12, 2014
Sold by
Clemens Sally Jo
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Feb 9, 1994
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
Speagle Timothy J $183,000 Cislo Title Company
Muir Ryan $129,900 Cislo Title
Muir Ryan $129,900 Michigan First Title Agency
Tessmer Donald E -- --
Wells Fargo Bank $82,116 --
-- $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speagle Timothy J $184,848
Previous Owner Muir Ryan $132,692
Previous Owner Muir Ryan $132,692
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2021 08/10/21 Sold $183,000 -16.8% $183 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $219,900 +69.3% $220 / Sq Ft
01/09/2019 01/09/19 Sold $129,900 0.0% $118 / Sq Ft View Prior Sale
10/22/2018 10/22/18 Pending -- -- --
10/13/2018 10/13/18 For Sale $129,900 -- $118 / 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 $2,280 $98,900 $0 $0
2024 $1,518 $95,800 $0 $0
2023 $1,448 $81,000 $0 $0
2022 $2,063 $70,300 $0 $0
2021 $1,566 $64,600 $0 $0
2020 $1,549 $55,000 $0 $0
2019 $1,232 $51,000 $0 $0
2018 $1,204 $49,800 $49,800 $0
2017 $1,180 $49,200 $0 $0
2016 $1,172 $43,300 $43,300 $0
2015 -- $0 $0 $0
2014 -- $39,500 $39,500 $0
2013 -- $38,000 $38,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210036200

Realcomp

APN: L21-30-400-040-00