NOT LISTED FOR SALE

502 E Lincoln Ave Ionia, MI 48846

Estimated Value: $128,000 - $200,746

4 Beds
2 Baths
3,720 Sq Ft
$48/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $68,000 $18 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $1,160/month

138 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Dining Area
  • Traditional Architecture
  • Forced Air Heating System

About This Home

As of February 2019

Great opportunity to own this spacious four bedroom, 2 bath home! Hardwood floors and gorgeous plaster crown molding - this home is ready for you to put your own touches on. Extra deep lot. Newer furnace and hot water heater, central air. Appliances included. This one won't last!

Last Agent to Sell the Property

Cathy Hoppough

KW Rivertown Hoppough License #6502365936 Listed on: 08/18/2018

KW Rivertown Hoppough

Last Buyer's Agent

Donald Reedy

Reedy Realty LLC License #6502114876

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 1927

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 70 x 206

Home Design

  • Traditional Architecture
  • Aluminum Siding

Interior Spaces

  • 3,720 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,176

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1927
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 70 x 206
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3720.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1175.55
  • Tax Info:Zoning3: SFR
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • General Property Info:SqFt Above Grade: 3720.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven, Refrigerator, Washer
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 3720.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1316.0
  • Appliances:Oven: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 60000.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.33
  • Lot Size Area: 0.33
  • Lot Dimensions: 70 x 206
  • Lot Size Sq Ft: 14374.0
  • Zoning Description: SFR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1175.55
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2018
Closed on
Feb 22, 2019
Sold by
Melle and Casey
Bought by
Mutchler Gayle
Seller's Agent
Cathy Hoppough
KW Rivertown Hoppough
Buyer's Agent
Donald Reedy
Reedy Realty LLC
List Price
$69,900
Sold Price
$68,000
Premium/Discount to List
-$1,900
-2.72%
Current Estimated Value
$177,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,437
Avg. Annual Appreciation
15.87%
Original Mortgage
$68,686
Outstanding Balance
$60,509
Interest Rate
4.4%
Mortgage Type
Construction
Estimated Equity
$116,928

Purchase Details

Closed on
Dec 7, 2006
Sold by
Richardson Jason E and Richardson Lori J
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc Asse

Purchase Details

Closed on
Sep 13, 1997
Bought by
Melle Bobbie and Melle Casey
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
Mutchler Gayle $68,000 Sun Title Agency Mi Llc
Deutsche Bank National Trust Co $116,658 None Available
Melle Bobbie $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mutchler Gayle $68,686
Previous Owner Melle Bobbie $4,573
Previous Owner Melle Bobbie $9,904
Previous Owner Melle Bobbie $45,693
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $68,000 -2.7% $18 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
08/18/2018 08/18/18 For Sale $69,900 -- $19 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $2,316 $78,500 $15,600 $62,900
2024 $2,155 $78,500 $15,600 $62,900
2023 $2,056 $60,800 $11,500 $49,300
2022 $1,958 $54,500 $10,100 $44,400
2021 $2,042 $46,300 $10,100 $36,200
2020 $1,904 $46,300 $10,100 $36,200
2019 $1,153 $47,300 $8,400 $38,900
2018 $1,379 $42,200 $7,500 $34,700
2017 $1,126 $42,200 $7,500 $34,700
2016 $1,153 $36,200 $5,000 $31,200
2015 -- $36,200 $5,000 $31,200
2014 $1,281 $34,000 $6,200 $27,800
Source: Public Records

Agents Affiliated with this Home

  • Cathy Hoppough

    Seller's Agent in 2019

    Cathy Hoppough

    KW Rivertown Hoppough

    (616) 915-2890

    480 Total Sales

    Cathy Hoppough
    Section Image
  • Donald Reedy

    Buyer's Agent in 2019

    Donald Reedy

    Reedy Realty LLC

    (616) 890-2598

    39 Total Sales

    Donald Reedy
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18040733

Southwestern Michigan Association of REALTORS®

APN: 204-200-000-150-00

Michigan Ionia County Ionia 48846

502 E Lincoln Ave, Ionia, MI

This home is located at 502 E Lincoln Ave, Ionia, MI 48846 since 18 August 2018 and is currently estimated at $177,437, approximately $47 per square foot. This property was built in 1927. 502 E Lincoln Ave is a home located in Ionia County with nearby schools including Ionia High School, Saints Peter and Paul Catholic School, and Ionia Seventh Day Adventist Elementary 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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