NOT LISTED FOR SALE

550 E Lincoln Ave Madison Heights, MI 48071

Estimated Value: $171,000 - $248,000

4 Beds
1 Bath
1,128 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 04, 2012

Last sale price $59,000 $52 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $1,286/month

17 Days on Market

Highlights

  • 0.3 Acre Lot
  • Fenced Yard
  • 1 Car Attached Garage
  • Deck
  • Porch
  • Laundry Room

About This Home

As of October 2012

Nothing to do but MOVE IN! Updates include: All new kitchen cabinets, counters, ceramic flooring throughout, light fixtures. Fresh paint throughout the interior and exterior. All new interior 6 panel white doors, trim, moldings and carpeting. New bathroom cabinet, sink, light, ceramic floor. Exterior deck has been repainted. Show and sell!

Last Agent to Sell the Property

Nancy Feldmann

RE/MAX First License #MISPE-6506043657 Listed on: 09/04/2012

RE/MAX First

Last Buyer's Agent

Matthew J. Manninen

Berkshire Hathaway HomeServices Kee Realty Birm License #MISPE-6501261471

Berkshire Hathaway HomeServices Kee Realty Birm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 1974

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 60x108
  • Fenced Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,128 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Disposal
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 442524306004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,418

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 1 Story
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 10 x 9
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 9
  • Bedroom 3: On 1st Floor, Dimensions: 11 x 9
  • Bedroom 4: On 1st Floor, Dimensions: 13 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: Utility/Laundry Room
  • Dining Room: On 1st Floor, Dimensions: 10 x 8
  • Kitchen: On 1st Floor, Dimensions: 7 x 8
  • Kitchen Features: Formal Dining Room
  • Laundry: On 1st Floor, Dimensions: 11 x 7
  • Living Room: On 1st Floor, Dimensions: 14 x 13
  • Above Grade Finished Sq Ft: 1128
  • Total Finished Sq Ft: 1128

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck, Fenced Yard, Porch, Sidewalks
  • Foundation: Crawl
  • Frontage: 60

Garage/Parking

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

Utilities

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

Lot Info

  • Assessor Parcel Number: 442524306004
  • Zoning: Residential
  • Lot Dimensions: 60x108
  • Acreage: 0.3
  • Map Side Numeric: 28
  • Map Top Alpha: AF
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2012, Amount: $1,254.00
  • Winter Tax: Year: 2012, Amount: $164.00

MLS Schools

  • School District: Madison Public Schools (Oakland)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2012
Closed on
Oct 4, 2012
Sold by
Choice Construction Inc
Bought by
Pereira Sandra
Seller's Agent
Nancy Feldmann
RE/MAX First
Buyer's Agent
Matthew J. Manninen
Berkshire Hathaway HomeServices Kee Realty Birm
List Price
$62,900
Sold Price
$59,000
Premium/Discount to List
-$3,900
-6.2%
Current Estimated Value
$212,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,317
Avg. Annual Appreciation
10.22%

Purchase Details

Listed on
Apr 20, 2012
Closed on
May 4, 2012
Sold by
Tcf National Bank
Bought by
Choice Construction Inc
Seller's Agent
Nancy Feldmann
RE/MAX First
Buyer's Agent
Nancy Feldmann
RE/MAX First
List Price
$34,980
Sold Price
$34,900
Premium/Discount to List
-$80
-0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
249.08%

Purchase Details

Closed on
Mar 29, 2011
Sold by
Campbell John J and Campbell Terri L
Bought by
Tcf National Bank and Great Lakes National Bank Michigan

Purchase Details

Closed on
Mar 14, 2008
Sold by
Campbell John J
Bought by
Campbell Terri L

Purchase Details

Closed on
Sep 28, 1995
Sold by
Thornton Thomas
Bought by
Campbell John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
7.68%
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
Pereira Sandra $59,000 Greater Macomb Title Agency
Choice Construction Inc $34,900 Franklin Title Agency Llc
Tcf National Bank $82,849 None Available
Campbell Terri L -- None Available
Campbell John J $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campbell John J $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2012 10/04/12 Sold $59,000 -6.2% $52 / Sq Ft
09/21/2012 09/21/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $62,900 +80.2% $56 / Sq Ft
05/04/2012 05/04/12 Sold $34,900 -0.2% $31 / Sq Ft
04/21/2012 04/21/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $34,980 -- $31 / 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 $1,493 $92,670 $0 $0
2023 $1,426 $84,750 $0 $0
2022 $1,496 $77,470 $0 $0
2021 $1,458 $69,950 $0 $0
2020 $1,384 $63,850 $0 $0
2019 $1,500 $58,100 $0 $0
2018 $1,480 $43,000 $0 $0
2017 $1,435 $43,000 $0 $0
2016 $1,362 $37,230 $0 $0
2015 -- $32,470 $0 $0
2014 -- $28,860 $0 $0
2011 -- $32,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Feldmann

    Seller's Agent in 2012

    Nancy Feldmann

    RE/MAX of Southeast Michigan

    (586) 883-4778

    2 in this area

    139 Total Sales

    Section Image
  • Matthew J. Manninen

    Buyer's Agent in 2012

    Matthew J. Manninen

    Berkshire Hathaway HomeServices Kee Realty Birm

    (586) 915-1088

    7 Total Sales

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31117764

Michigan Multiple Listing Service

APN: 25-24-306-004

Michigan Oakland County Madison Heights 48071

550 E Lincoln Ave, Madison Heights, MI

This home is located at 550 E Lincoln Ave, Madison Heights, MI 48071 since 04 September 2012 and is currently estimated at $212,317, approximately $188 per square foot. This property was built in 1974. 550 E Lincoln Ave is a home located in Oakland County with nearby schools including Madison High School, Four Corners Montessori Academy, and Keys Grace Academy.

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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