NOT LISTED FOR SALE

585 Park Ave Lincoln Park, MI 48146

Estimated Value: $107,000 - $132,000

2 Beds
1 Bath
900 Sq Ft
$127/Sq Ft Est. Value

Last Sold November 01, 2016

Last sale price $49,500 $55 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $705/month

18 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of November 2016

UPDATED THIS YEAR! Kitchen has new cabinets, new counter tops, new sink, updated flooring - new microwave & dishwasher too. The full bath is also updated this year. City kitchen, formal dining room & a living room - lots of living space for a two bedroom home! Fresh paint, NEW ROOF, 6 panel doors, refinished hardwood floors, updated hardware and fixtures. Beautiful covered front porch for relaxing! Driveway was also updated this year. Talk to your loan officer & make sure you get a Pre-Approval letter that states that your income, assets, and credit have been VERIFIED and that you have passed automated underwriting. Room Sizes are Estimated. Seller is a licensed real estate agent. The C of O is done!

Last Agent to Sell the Property

Rich Inger

GTC Investment Co Inc License #6501329579 Listed on: 09/13/2016

Co-Listed By

Kathleen Bowles

RE/MAX First License #6501225824

Last Buyer's Agent

Mary Ellen Hipol

Coldwell Banker Professionals License #6506044008

Coldwell Banker Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927 | Remodeled in 2016

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00x108.00
  • Corner Lot

Home Design

  • 900 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Vinyl Construction Material

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partially Finished Basement

Community Details

  • No Home Owners Association
  • Suburban Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45008030276000

Home Details

Home Type

Single Family

Year Built

Built in 1927 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1927
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Microwave
  • Sq Ft Combined: 1800
  • Sq Ft Lower Floor: 900
  • Total Sq Ft: 900
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lincoln Park

Lot Info

  • List Price per Acre: 784285.7143
  • Lot Features: Corner Lot
  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X108.00
  • Parcel Number: 45008030276000

Tax Info

  • Tax Amount Summer: 1125.0000
  • Tax Amount Winter: 267.0000
  • Total Tax: 1392.0000

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2016
Closed on
Nov 1, 2016
Sold by
Jsr Fundings Llc
Bought by
Szeles Sharon L
Seller's Agent
Rich Inger
GTC Investment Co Inc
Buyer's Agent
Mary Ellen Hipol
Coldwell Banker Professionals
List Price
$54,900
Sold Price
$49,500
Premium/Discount to List
-$5,400
-9.84%
Total Days on Market
18
Current Estimated Value
$112,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,632
Avg. Annual Appreciation
9.88%

Purchase Details

Closed on
Sep 23, 2015
Sold by
Treasurer City Of Lincoln Park
Bought by
Jsr Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,044,646
Interest Rate
4.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 26, 2015
Sold by
Wayne County Treasurer
Bought by
Treasurer City Of Lincoln Park

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,044,646
Interest Rate
4.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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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
Szeles Sharon L $49,500 Visionary Title Agency Llc
Jsr Funding Llc $835,998 None Available
Treasurer City Of Lincoln Park $5,008 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jsr Funding Llc $500,000
Previous Owner Jsr Funding Llc $1,044,646
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2016 11/01/16 Sold $49,500 -9.8% $55 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $54,900 -- $61 / 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 $1,091 $51,600 $0 $0
2024 $1,091 $45,800 $0 $0
2023 $1,034 $42,400 $0 $0
2022 $1,223 $34,500 $0 $0
2021 $1,197 $32,000 $0 $0
2020 $1,186 $23,600 $0 $0
2019 $937 $24,000 $0 $0
2018 $844 $21,600 $0 $0
2017 $621 $20,200 $0 $0
2016 $1,428 $19,300 $0 $0
2015 $1,900 $19,000 $0 $0
2013 $1,950 $20,400 $0 $0
2012 $1,641 $21,000 $4,700 $16,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216091103

Realcomp

APN: 45-008-03-0276-000