NOT LISTED FOR SALE

487 W Lincoln Ave Unit A4 Madison Heights, MI 48071

Estimated Value: $202,000 - $268,000

2 Beds
1.5 Baths
1,413 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $147,500 $104 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,599/month

4 Days on Market

Highlights

  • Balcony
  • Patio
  • Ceiling Fan
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2017

2017 New flooring and professionally painted! Designer chosen colors. Amazing location and Amazing price! Within a bikes ride to downtown Royal Oak's "hot spots" yet secluded in a popular Madison Heights neighborhood. Unique 10 unit complex with plenty of parking and individual personal attached garage. You will appreciate the extra room at the entrance level for an office/workout/flex room. Enjoy the perfect private outdoor patio area for your BBQ or reading a great summer novel in the sunshine. The open floor plan is ideal for entertaining especially with the kitchen pass through. The interesting focal point is the Juliette balcony and the open stairway with natural skylight to the bedroom level. Two generous sized bedrooms with walk in closets. One of the best kept secrets in
condominiums! Easy access to downtown Detroit via I-75 or 696.

Last Agent to Sell the Property

Leslie Anderson

KW Metro License #6501319535 Listed on: 05/19/2017

KW Metro

Last Buyer's Agent

Christin Bracken

Real Estate One-Milford License #6501336523

Real Estate One-Milford

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 1995

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,413 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Lincoln Row Townhomes Occpn 936 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2523426042

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,393

Year Built

Built in 1995

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 3 Story
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available, Intercom
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1413
  • Total Sq Ft: 1413

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick, Wood
  • Foundation Materials: Poured
  • Porch Type: Balcony, Patio
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 140
  • Association Fee: Yes

Schools

  • School District: Madison (Madison Hts.)

Lot Info

  • Parcel Number: 2523426042

Tax Info

  • Tax Amount Summer: 1858.0000
  • Tax Amount Winter: 535.0000
  • Total Tax: 2393.0000

MLS Schools

  • School District: Madison (Madison Hts.)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2017
Sold by
G & B Barrington L L C
Bought by
G & B Lincoln L L C
Current Estimated Value
$221,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Outstanding Balance
$78,613
Interest Rate
3.78%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$144,190

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 27, 2017
Sold by
Barrett Ryan J and Barrett Brett C
Bought by
G & B Barrington Llc
Seller's Agent
Leslie Anderson
KW Metro
Buyer's Agent
Christin Bracken
Real Estate One-Milford
List Price
$155,000
Sold Price
$147,500
Premium/Discount to List
-$7,500
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 13, 2017
Sold by
Barrett Ryan J
Bought by
Barrett Ryan J
Seller's Agent
Leslie Anderson
KW Metro
Buyer's Agent
Christin Bracken
Real Estate One-Milford
List Price
$155,000
Sold Price
$147,500
Premium/Discount to List
-$7,500
-4.84%

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 12, 2017
Sold by
Parikh Neeti
Bought by
Barrett Ryan J
Seller's Agent
Leslie Anderson
KW Metro
Buyer's Agent
Christin Bracken
Real Estate One-Milford
List Price
$155,000
Sold Price
$147,500
Premium/Discount to List
-$7,500
-4.84%

Purchase Details

Closed on
May 26, 2005
Sold by
Phillips Lesley and Phillips Robert C
Bought by
Parikh Neeti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 28, 1999
Sold by
Montgomery Robert G
Bought by
Braden Lesley R

Purchase Details

Closed on
Jul 31, 1996
Sold by
City Lights Dev Co
Bought by
Montgomery Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,300
Interest Rate
8.33%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
G & B Lincoln L L C -- None Available
G & B Barrington Llc -- None Available
Barrett Ryan J -- None Available
Barrett Ryan J $147,500 Abstract Title Agency
Parikh Neeti $152,000 Great Lakes Title Michigan
Braden Lesley R $126,900 --
Montgomery Robert G $96,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open G & B Lincoln L L C $93,100
Previous Owner Parikh Neeti $121,600
Previous Owner Phillips Robert C $134,000
Previous Owner Montgomery Robert G $86,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $147,500 -4.8% $104 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $155,000 -- $110 / 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 $3,155 $79,230 $0 $0
2023 $3,023 $78,600 $0 $0
2022 $3,616 $76,040 $0 $0
2021 $3,510 $71,570 $0 $0
2020 $2,912 $66,740 $0 $0
2019 $3,595 $62,160 $0 $0
2018 $3,542 $49,410 $0 $0
2017 $2,493 $49,410 $0 $0
2016 $2,393 $45,000 $0 $0
2015 -- $39,660 $0 $0
2014 -- $35,530 $0 $0
2011 -- $41,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Leslie Anderson

    KW Metro

    Section Image
  • Christin Bracken

    Buyer's Agent in 2017

    Christin Bracken

    Real Estate One

    (248) 709-3800

    1 in this area

    160 Total Sales

    Christin Bracken
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 217041464

Realcomp

APN: 25-23-426-042

Michigan Oakland County Madison Heights 48071

487 W Lincoln Ave Unit A4, Madison Heights, MI

This home is located at 487 W Lincoln Ave Unit A4, Madison Heights, MI 48071 since 19 May 2017 and is currently estimated at $221,233, approximately $156 per square foot. This property was built in 1995. 487 W Lincoln Ave Unit A4 is a home located in Oakland County with nearby schools including Madison High School, Keys Grace Academy, and Calvary Christian 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
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes