NOT LISTED FOR SALE

553 Garfield Ave Lincoln Park, MI 48146

Estimated Value: $149,000 - $162,486

3 Beds
1 Bath
1,072 Sq Ft
$144/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $109,900 $103 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,038/month

22 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Covered Patio or Porch
  • Bungalow
  • Laundry Facilities

About This Home

As of October 2020

This quaint charmer offers enough space for everyone! Recently renovated means there's nothing left to do except move in! This 3 bedroom bungalow offers space and privacy. The professionally waterproofed basement is large, open and waiting for your belongings. With fresh paint, new floors and doors, you can get right to enjoying the warm weather! Check this one out before it's gone. Alarm does not stay. BATVAI

Last Agent to Sell the Property

Selicio Alvarado

Loch Realty PLLC License #6501402727 Listed on: 05/15/2020

Last Buyer's Agent

Charlotte Hypes

Remerica United Realty License #RCO-6501344564

Remerica United Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950 | Remodeled in 2020

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x109.00

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Stone Siding

Interior Spaces

  • 1,072 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Interior Basement Entry
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 45008040270000
  • $2,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Lincoln Park Sub No 2 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,562

Year Built

Built in 1950 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 1.23
  • Year Built: 1950
  • State Equalized Value: 28800.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Carbon Monoxide Alarm(s)
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Unfinished
  • Sq Ft Combined: 1072
  • Total Sq Ft: 1072
  • Sq Ft Total Bsmt: 736

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Stone
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lincoln Park

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1099000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X109.00
  • Parcel Number: 45008040270000

Tax Info

  • Tax Amount Summer: 1254.0000
  • Tax Amount Winter: 308.0000
  • Total Tax: 1562.0000
  • Taxable Value: 27873.0000

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Oct 19, 2020
Sold by
Redford East Llc
Bought by
Smith Lakilla
Seller's Agent
Selicio Alvarado
Loch Realty PLLC
Buyer's Agent
Charlotte Hypes
Remerica United Realty
List Price
$109,900
Sold Price
$109,900
Current Estimated Value
$153,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,972
Avg. Annual Appreciation
7.36%
Original Mortgage
$107,908
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2019
Sold by
Wiseman April L and Stephens Linda G
Bought by
Redford East Llc

Purchase Details

Closed on
Apr 8, 2005
Sold by
Wiseman April and Estate Of Randy Lee Wiseman
Bought by
Wiseman April
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
Smith Lakilla $109,900 Speedy T&E Svcs Llc
Smith Lakilla $109,900 None Listed On Document
Redford East Llc $45,001 None Available
Wiseman April -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Lakilla $107,908
Previous Owner Smith Lakilla $107,908
Previous Owner Wiseman April $17,503
Previous Owner Wiseman April L $9,706
Previous Owner Wiseman April L $108,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $109,900 0.0% $103 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $109,900 -- $103 / 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
2025 $2,382 $75,100 $0 $0
2024 $2,382 $66,800 $0 $0
2023 $2,258 $61,700 $0 $0
2022 $2,670 $49,700 $0 $0
2021 $2,612 $48,100 $0 $0
2020 $1,709 $37,800 $0 $0
2019 $1,254 $32,600 $0 $0
2018 $1,130 $28,800 $0 $0
2017 $835 $27,000 $0 $0
2016 $1,474 $27,800 $0 $0
2015 $2,720 $27,200 $0 $0
2013 $2,790 $29,200 $0 $0
2012 $2,039 $30,000 $5,500 $24,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200033317

Realcomp

APN: 45-008-04-0270-000