NOT LISTED FOR SALE

554 Lincoln Ave Lincoln Park, MI 48146

Estimated Value: $124,829 - $143,000

2 Beds
1 Bath
800 Sq Ft
$165/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $73,000 $91 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $870/month

6 Days on Market

Highlights

  • Above Ground Pool
  • Ranch Style House
  • No HOA
  • Deck
  • Ground Level Unit
  • Porch

About This Home

As of November 2019

Stop paying your landlords mortgage, stop sharing walls, STOP and see this great affordable home.
This charming ranch home is neat as a pin and move in ready. Living room with cove ceilings and bay window. Updated kitchen with door wall that leads to huge deck, large yard with privacy fence, and pool with raised deck. Also the first floor has new carpet and has been recently painted. Roof 2017, newer concrete driveway, hot water tank 2015. Located in a lovely quiet neighborhood, with tree lined streets. Low maintenance, nicely landscaped, large front porch . Start making new memories here! Call today for your private showing.

Last Agent to Sell the Property

Elizabeth Collins

Key Realty License #6501316701 Listed on: 10/03/2019

Key Realty

Last Buyer's Agent

Melinda McGrath

Help-U-Sell of Metro Detroit License #6501419770

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949

Lot Details

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

Home Design

  • Ranch Style House
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 800 Sq Ft Home
  • Ceiling Fan
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Above Ground Pool
  • Deck
  • Shed
  • Porch

Location

  • Ground Level Unit

Utilities

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 45008040323000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,046

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 0.56
  • Year Built: 1949
  • State Equalized Value: 21500.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Microwave
  • Total Sq Ft: 800

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Pool - Above Ground
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 720000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X109.00
  • Parcel Number: 45008040323000

Tax Info

  • Tax Amount Summer: 821.0000
  • Tax Amount Winter: 225.0000
  • Total Tax: 1046.0000
  • Taxable Value: 20250.0000

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
Elkins Jessie L
Bought by
Rosario Jimmy and Rosario Ana Esther
Current Estimated Value
$131,957

Purchase Details

Listed on
Oct 3, 2019
Closed on
Nov 27, 2019
Sold by
Francis Scott
Bought by
Elkins Jessie L
Seller's Agent
Elizabeth Collins
Key Realty
Buyer's Agent
Melinda McGrath
Help-U-Sell of Metro Detroit
List Price
$72,000
Sold Price
$73,000
Premium/Discount to List
$1,000
1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$70,810
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2013
Closed on
Jul 12, 2013
Sold by
Vert Daniel J and Vert Brenda L
Bought by
Francis Scott
Seller's Agent
Teresa Anderson
Sun Wave Realty
Buyer's Agent
Renee Kaiser
Carol Bollo & Assoc-Grosse Ile
List Price
$49,900
Sold Price
$42,000
Premium/Discount to List
-$7,900
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$41,239
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1997
Sold by
Grubb Andrea and Grubb Daniel
Bought by
Vert Brenda L

Purchase Details

Closed on
Apr 14, 1995
Sold by
Mary J Waluk
Bought by
Grubb Daniel and Grubb Andrea
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Rosario Jimmy -- First American Title
Rosario Jimmy -- First American Title
Elkins Jessie L $73,000 First American Title Ins Co
Francis Scott $42,000 Interstate Title Inc
Vert Brenda L $60,000 --
Grubb Daniel $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elkins Jessie L $70,810
Previous Owner Francis Scott $41,239
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2019 11/27/19 Sold $73,000 +1.4% $91 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $72,000 +71.4% $90 / Sq Ft
07/12/2013 07/12/13 Sold $42,000 -15.8% $53 / Sq Ft View Prior Sale
06/01/2013 06/01/13 Pending -- -- --
04/21/2013 04/21/13 For Sale $49,900 -- $62 / 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 $2,109 $55,500 $0 $0
2024 $2,109 $48,500 $0 $0
2023 $1,176 $44,500 $0 $0
2022 $1,391 $36,400 $0 $0
2021 $1,360 $34,100 $0 $0
2020 $1,349 $24,700 $0 $0
2019 $911 $24,500 $0 $0
2018 $821 $21,500 $0 $0
2017 $623 $20,000 $0 $0
2016 $1,073 $20,000 $0 $0
2015 $1,960 $19,600 $0 $0
2013 $2,010 $20,900 $0 $0
2012 $1,234 $21,600 $5,500 $16,100
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Elizabeth Collins

    Key Realty

    Section Image

  • M

    Buyer's Agent in 2019

    Melinda McGrath

    Help-U-Sell of Metro Detroit

    Section Image

  • T

    Seller's Agent in 2013

    Teresa Anderson

    Sun Wave Realty

    (734) 846-8151

    13 Total Sales

    Teresa Anderson
    Section Image
  • Renee Kaiser

    Buyer's Agent in 2013

    Renee Kaiser

    Carol Bollo & Assoc-Grosse Ile

    (734) 231-6778

    12 Total Sales

    Renee Kaiser
    Section Image
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Map

Source: Realcomp

MLS Number: 219102013

Realcomp

APN: 45-008-04-0323-000

Michigan Wayne County Lincoln Park 48146

554 Lincoln Ave, Lincoln Park, MI

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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