NOT LISTED FOR SALE

491 W Lincoln Ave Unit A6 Madison Heights, MI 48071

Estimated Value: $210,000 - $219,000

2 Beds
2.5 Baths
1,455 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 21, 2020

Last sale price $145,000 $100 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,574/month

26 Days on Market

Highlights

  • Ground Level Unit
  • Porch
  • Patio
  • Balcony
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of April 2020

Outstanding and beautiful townhouse style condo! Attached garage, laundry, and tasteful colors throughout. Entry level 3rd bedroom and full bath added, updated hardwood floors on main level, newer carpet upstairs, open kitchen to dining room with breakfast bar, supplemental heating and A/C in bedrooms, security cameras, and much more. Beautiful cathedral ceilings in bedrooms and lovely, unique touches. Built-in loft and desk in second bedroom. Recently painted throughout, refinished hardwood floor, changed all fixtures and etc. All appliances are included. Come see this spacious property - located in urban setting with easy access to Beaumont, DMC, and downtown Royal Oak. Also, for lease, the MLS number is 2200007105

Last Agent to Sell the Property

Abram Dobrusin

Signature Sotheby's International Realty Bham License #6501254617 Listed on: 03/19/2020

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Madeline Lafave

Real Broker LLC License #6501404365

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
  • Vinyl Construction Material

Interior Spaces

  • 1,455 Sq Ft Home
  • 3-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Private Entrance
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 2523426044
  • $4,350 Seller Concession

Community Details

Overview

  • Lincoln Row Townhomes Occpn 936 Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,651

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
  • State Equalized Value: 62420.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Intercom
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1455
  • Total Sq Ft: 1455

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl, Wood
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Balcony, Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Wall/Floor Furnace
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • 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: 2523426044

Tax Info

  • Tax Amount Summer: 2088.0000
  • Tax Amount Winter: 563.0000
  • Total Tax: 2651.0000

MLS Schools

  • School District: Madison (Madison Hts.)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Apr 22, 2020
Sold by
The Michael Harris Revocable Trust
Bought by
Cerullo Danielle
Seller's Agent
Abram Dobrusin
Signature Sotheby's International Realty Bham
Buyer's Agent
Madeline Lafave
Real Broker LLC
List Price
$139,995
Sold Price
$145,000
Premium/Discount to List
$5,005
3.58%
Current Estimated Value
$213,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,154
Avg. Annual Appreciation
7.68%
Original Mortgage
$123,250
Outstanding Balance
$110,782
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$105,102

Purchase Details

Closed on
May 4, 2011
Sold by
Harris Michael and Harris Michael E
Bought by
Harris Michael E and Michael Harris Revocable Trust

Purchase Details

Closed on
Feb 26, 2003
Sold by
Honoway Richard A and Honoway Richard M
Bought by
Harris Michael

Purchase Details

Closed on
Aug 5, 1998
Sold by
Dritlein Lisa
Bought by
Honoway Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,700
Interest Rate
7.06%
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
Cerullo Danielle $145,000 None Available
Harris Michael E -- None Available
Harris Michael $146,032 Metropolitan Title Company
Honoway Richard A $125,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cerullo Danielle N $123,250
Previous Owner Honoway Richard A $121,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2020 04/21/20 Sold $145,000 +3.6% $100 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $139,995 0.0% $96 / Sq Ft
11/26/2016 11/26/16 Rented $1,200 0.0% --
11/26/2016 11/26/16 Under Contract -- -- --
10/31/2016 10/31/16 For Rent $1,200 +2.1% --
08/17/2015 08/17/15 Rented $1,175 +2.2% --
08/14/2015 08/14/15 Under Contract -- -- --
07/24/2015 07/24/15 For Rent $1,150 -- --
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 $3,373 $79,550 $0 $0
2023 $3,312 $78,920 $0 $0
2022 $3,474 $76,320 $0 $0
2021 $3,386 $71,840 $0 $0
2020 $2,157 $67,010 $0 $0
2019 $2,663 $62,420 $0 $0
2018 $2,623 $49,460 $0 $0
2017 $2,552 $49,460 $0 $0
2016 $2,449 $45,050 $0 $0
2015 -- $39,720 $0 $0
2014 -- $36,350 $0 $0
2011 -- $42,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2200022918

Realcomp

APN: 25-23-426-044