NOT LISTED FOR SALE

48 E Lincoln Ave Madison Heights, MI 48071

Estimated Value: $106,000 - $157,000

2 Beds
1 Bath
834 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 22, 2017

Last sale price $61,500 $74 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $882/month

66 Days on Market

Highlights

  • Ranch Style House
  • Enclosed Patio or Porch
  • 1 Car Garage
  • No HOA
  • Ceiling Fan

About This Home

As of August 2017

Location, Location, Location! Check out this Madison heights charmer, add your finishing touches to this 2 bedroom home that features a 1 car garage, living room with plenty of natural light, enclosed front porch, large eat in breakfast nook, 2 bedrooms, fresh paint, exterior needs attention. Large laundry area/mud room off rear entrance. great value and only a 10 minute bike ride to downtown Royal Oak!
CASH ONLY, INVESTORS PROJECT, roof needs serious attention, AS IS where is, inspection must be completed before seller will accept any offers!

Last Agent to Sell the Property

Chris Dasaro

Coldwell Banker Professionals-GPF License #6501341881 Listed on: 06/03/2017

Coldwell Banker Professionals-GPF

Last Buyer's Agent

Gregory Eatmon Jr

8th St Real Estate Service LLC License #6502389862

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1932

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x108

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Wood Foundation
  • Slab Foundation
  • Wood Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 834 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Oaklawn Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2524301003

Home Details

Home Type

Single Family

Est. Annual Taxes

$900

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Range/Stove
  • Total Sq Ft: 834

Exterior Features

  • Roof Material: Wood (Cedar)
  • Foundation Details: Crawl, Slab
  • Construction Materials: Aluminum, Vinyl, Wood
  • Foundation Materials: Wood
  • Porch Type: Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 645000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40X108
  • Parcel Number: 2524301003

Tax Info

  • Tax Amount Summer: 793.0000
  • Tax Amount Winter: 107.0000
  • Total Tax: 900.0000

MLS Schools

  • School District: Madison (Madison Hts.)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2017
Closed on
Aug 21, 2017
Sold by
Red Cedar Investment Group Llc
Bought by
Mcdonald Cheryl L
Seller's Agent
Chris Dasaro
Coldwell Banker Professionals-GPF
Buyer's Agent
Gregory Eatmon Jr
8th St Real Estate Service LLC
List Price
$70,900
Sold Price
$61,500
Premium/Discount to List
-$9,400
-13.26%
Current Estimated Value
$138,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,330
Avg. Annual Appreciation
10.45%

Purchase Details

Listed on
Nov 18, 2016
Closed on
May 23, 2017
Sold by
Hughes James H
Bought by
Red Cedar Investment Group Llc
Seller's Agent
James Silver
Keller Williams Somerset
Buyer's Agent
Roni Dawod
Keller Williams Somerset
List Price
$64,900
Sold Price
$41,400
Premium/Discount to List
-$23,500
-36.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
386.97%

Purchase Details

Closed on
Dec 1, 2006
Sold by
Mos John
Bought by
Hughes James H

Purchase Details

Closed on
Dec 28, 2004
Sold by
Mos Ioan and Mos Ana
Bought by
Mos John

Purchase Details

Closed on
Nov 4, 2003
Sold by
Willer William W and Willer Katherine L
Bought by
The Bank Of New York and Eqcc Trust 2001-2

Purchase Details

Closed on
May 2, 2003
Sold by
Willer Katherine Lynn
Bought by
Willer William W

Purchase Details

Closed on
Nov 2, 1998
Sold by
Krupitzer David R
Bought by
Willer William W
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
Mcdonald Cheryl L $61,500 Devon Title Agency
Red Cedar Investment Group Llc $41,400 First American Title Insuran
Hughes James H $85,000 None Available
Mos John -- --
The Bank Of New York $104,560 --
Willer William W -- --
Willer William W $57,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2017 08/22/17 Sold $61,500 -4.7% $74 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
07/24/2017 07/24/17 Price Changed $64,500 -9.0% $77 / Sq Ft
07/01/2017 07/01/17 Price Changed $70,900 0.0% $85 / Sq Ft
07/01/2017 07/01/17 For Sale $70,900 +15.3% $85 / Sq Ft
06/15/2017 06/15/17 Off Market $61,500 -- --
06/03/2017 06/03/17 For Sale $67,900 +64.0% $81 / Sq Ft
05/24/2017 05/24/17 Sold $41,400 -7.8% $50 / Sq Ft View Prior Sale
01/16/2017 01/16/17 Pending -- -- --
01/09/2017 01/09/17 Price Changed $44,900 -18.2% $54 / Sq Ft
12/15/2016 12/15/16 Price Changed $54,900 -15.4% $66 / Sq Ft
11/18/2016 11/18/16 For Sale $64,900 -- $78 / 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
2024 $1,863 $62,820 $0 $0
2023 $1,786 $56,620 $0 $0
2022 $2,136 $51,010 $0 $0
2021 $2,073 $45,300 $0 $0
2020 $1,720 $40,500 $0 $0
2019 $2,124 $36,250 $0 $0
2018 $2,092 $27,080 $0 $0
2017 $948 $27,080 $0 $0
2016 $899 $24,620 $0 $0
2015 -- $21,380 $0 $0
2014 -- $18,750 $0 $0
2011 -- $24,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Dasaro

    Seller's Agent in 2017

    Chris Dasaro

    Coldwell Banker Professionals-GPF

    (313) 268-6342

    3 in this area

    127 Total Sales

    Chris Dasaro
    Section Image
  • James Silver

    Seller's Agent in 2017

    James Silver

    Keller Williams Somerset

    (248) 417-9617

    1 in this area

    358 Total Sales

    James Silver
    Section Image

  • G

    Buyer's Agent in 2017

    Gregory Eatmon Jr

    8th St Real Estate Service LLC

    (313) 363-4032

    4 Total Sales

    Gregory Eatmon Jr
    Section Image
  • Roni Dawod

    Buyer's Agent in 2017

    Roni Dawod

    Keller Williams Somerset

    (586) 804-6114

    2 in this area

    138 Total Sales

    Roni Dawod
    Section Image
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Map

Source: Realcomp

MLS Number: 217046439

Realcomp

APN: 25-24-301-003

Michigan Oakland County Madison Heights 48071

48 E Lincoln Ave, Madison Heights, MI

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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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