NOT LISTED FOR SALE

497 W Lincoln Ave Madison Heights, MI 48071

Estimated Value: $204,000 - $264,000

2 Beds
2 Baths
1,284 Sq Ft
$140/mo HOA Fee

Last Sold July 03, 2017

Last sale price $133,000 $104 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,582/month

4 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Walk-In Closet
  • Wood Flooring
  • 1 Car Attached Garage
  • Patio

About This Home

As of July 2017

Super clean, well maintained two bedroom first floor ranch condo in Madison Heights. Good sized master bedroom with full on suite bathroom that has a big walk in shower. Ceramic tile in both bathrooms is in pristine condition. Eat in kitchen and formal dining room. Attached garage, never put a foot in the snow again! Sliding doors lead to a cute patio and grassy area. First floor laundry. Pets allowed with no weight restriction as long as it is a domesticated pet. Low assc fees. Beautiful brick exterior. Mrs clean lived here, this condo is absolutely move in ready.

Last Agent to Sell the Property

Laurie Reveley

KW Platinum License #MISPE-6501384984 Listed on: 05/16/2017

KW Platinum

Last Buyer's Agent

Jay Zheng

EXP Realty LLC License #RCO-6501378881

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,749

Year Built

  • Built in 1995

Lot Details

  • 2,744

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,284 Sq Ft Home
  • Window Treatments
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 44-25-23-426-047

Community Details

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,749

Year Built

Built in 1995

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Condominium
  • Architecture Style: Ranch
  • Structure Style: Condo/Ranch 1st Flr
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cable/Internet Avail., Ceramic Floors, Hardwood Floors, Security System, Walk-In Closet, Window Treatment(s)
  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 13 x 13
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Entry Level, Dimensions: 13 x 10
  • Bedroom 2 Floor Covering: Carpet
  • Bathrooms Description: MstrBdrm Full Bathroom, First Flr Full Bathroom
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 9 x 7, On Level: Entry, Flooring: Ceramic
  • Bathroom 2: Dimensions: 8 x 5, On Level: Entry, Flooring: Ceramic
  • Dining Room: On Entry Level, Dimensions: 17 x 8
  • Dining Room Floor Covering: Carpet
  • Kitchen: On Entry Level, Dimensions: 11 x 10
  • Kitchen Features: Eat-In Kitchen, Formal Dining Room
  • Kitchen Floor Covering: Wood
  • Laundry: On Entry Level, Dimensions: 12 x 6
  • Laundry Room Floor Covering: Vinyl
  • Living Room: On Entry Level, Dimensions: 18 x 17
  • Living Room Floor Covering: Carpet
  • Above Grade Finished Sq Ft: 1284
  • Total Finished Sq Ft: 1284

Exterior Features

  • Exterior: Brick, Wood
  • Exterior Features: Patio, Porch, Sidewalks, Street Lights
  • Foundation: Slab
  • Road: City/County

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 1
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fees: 140
  • HOA Fee Frequency: Monthly
  • HOA Fee Includes: Grounds Maintenance, Snow Removal, Trash Removal
  • Community Features: Dogs Allowed
  • Pets: Yes
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 44-25-23-426-047
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Pets Allowed: Yes
  • Pet Restriction: Call For Pet Restrictions

Tax Info

  • Summer Tax: Year: 2016, Amount: $1,542.14
  • Winter Tax: Year: 2016, Amount: $207.28

MLS Schools

  • School District: Madison Public Schools (Oakland)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2017
Closed on
Jun 28, 2017
Sold by
Vandevelde Irene J
Bought by
Hanson Jon R
Seller's Agent
Laurie Reveley
KW Platinum
Buyer's Agent
Jay Zheng
EXP Realty LLC
List Price
$135,000
Sold Price
$133,000
Premium/Discount to List
-$2,000
-1.48%
Current Estimated Value
$225,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,080
Avg. Annual Appreciation
6.38%
Original Mortgage
$106,400
Outstanding Balance
$89,603
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$131,041

Purchase Details

Closed on
Jan 31, 2001
Sold by
Delcastillo A
Bought by
Vandevelde Irene J
Source: Public Records

Range of Values:

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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
Hanson Jon R $133,000 Sterling Title Agency
Vandevelde Irene J $142,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Jon R $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2017 07/03/17 Sold $133,000 -5.0% $104 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
05/20/2017 05/20/17 Price Changed $140,000 +3.7% $109 / Sq Ft
05/16/2017 05/16/17 For Sale $135,000 -- $105 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,698 $88,190 $0 $0
2023 $2,576 $87,470 $0 $0
2022 $2,702 $84,540 $0 $0
2021 $2,633 $80,040 $0 $0
2020 $2,500 $75,380 $0 $0
2019 $2,710 $70,220 $0 $0
2018 $2,672 $49,890 $0 $0
2017 $1,844 $49,890 $0 $0
2016 $1,749 $45,450 $0 $0
2015 -- $40,080 $0 $0
2014 -- $35,820 $0 $0
2011 -- $40,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laurie Reveley

    Seller's Agent in 2017

    Laurie Reveley

    KW Platinum

    (586) 484-5336

    2 in this area

    179 Total Sales

    Laurie Reveley
    Section Image
  • Jay Zheng

    Buyer's Agent in 2017

    Jay Zheng

    EXP Realty LLC

    (248) 506-4910

    8 in this area

    97 Total Sales

    Jay Zheng
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31319937

Michigan Multiple Listing Service

APN: 25-23-426-047

Michigan Oakland County Madison Heights 48071

497 W Lincoln Ave, Madison Heights, MI

This home is located at 497 W Lincoln Ave, Madison Heights, MI 48071 since 16 May 2017 and is currently estimated at $225,080, approximately $175 per square foot. This property was built in 1995. 497 W Lincoln Ave 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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