NOT LISTED FOR SALE

776 Park Ave Lincoln Park, MI 48146

Estimated Value: $164,000 - $172,000

4 Beds
2 Baths
1,856 Sq Ft
$90/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $140,000 $75 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,288/month

50 Days on Market

Highlights

  • Colonial Architecture
  • Private Entrance
  • Cats Allowed
  • Forced Air Heating System

About This Home

As of May 2023

Investors!. Check out this beautiful suburban duplex situated in a prime location for both long term equity and future growth. This would perform well in any professional portfolio. Currently occupied with long term tenants that pay on time. So much care has been put into making sure this property is in well kept condition. Currently rented for $1700 total- $850 per unit. Tenants pay all utilities except water. Brand new roof was just put on recently. CITY CERTIFIED. Too many updates to list! Start making money the day you close! Please do not disturb the tenants!

Last Agent to Sell the Property

David Rabior

Clyde Realty LLC License #6501406276 Listed on: 02/08/2023

Last Buyer's Agent

Joe Hammel

Keller Williams Somerset License #6501422602

Keller Williams Somerset

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00 x 33.30
  • Private Entrance

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,856 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 45008030200000

Community Details

Overview

  • 2 Units
  • Suburban Park Sub Subdivision

Pet Policy

  • Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 1.00
  • Year Built: 1924
  • State Equalized Value: 51800.0000
  • Pets Allowed: Cats OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1856

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Brick Veneer (Brick Siding), Vinyl
  • Exterior Features: Private Entry
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

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

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00 x 33.30
  • Parcel Number: 45008030200000
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1700

Tax Info

  • Tax Amount Summer: 3179.0000
  • Tax Amount Winter: 399.0000
  • Total Tax: 3578.0000
  • Taxable Value: 51800.0000

Multi Family

  • Gross Scheduled Income: 20400.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
May 5, 2023
Sold by
Nsg Properties Llc
Bought by
Vora Ankit Girish
Seller's Agent
David Rabior
Clyde Realty LLC
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Views
187
Current Estimated Value
$167,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,327
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Jan 22, 2021
Sold by
Balde Florida Llc
Bought by
Nsg Properties Llc

Purchase Details

Listed on
Nov 23, 2017
Closed on
Apr 10, 2018
Sold by
Graziani Maria and Graziani Patricia Ann
Bought by
Balder Floride Llc
Seller's Agent
Ida DeGiuli
RE/MAX Innovation
Buyer's Agent
Jennifer Anthony
MES Realty Group LLC
List Price
$99,900
Sold Price
$82,500
Premium/Discount to List
-$17,400
-17.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%

Purchase Details

Closed on
Jan 23, 2018
Sold by
Graziani John
Bought by
Graziani Patricia Ann
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vora Ankit Girish $140,000 None Listed On Document
Nsg Properties Llc $105,000 Embassy Title Agency Inc
Balder Floride Llc $82,500 Michigan Title Ins Agency In
Graziani Patricia Ann -- Michigan Title Ins Agncy Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Sold $140,000 -6.7% $75 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/07/2023 03/07/23 Price Changed $149,999 -6.2% $81 / Sq Ft
02/08/2023 02/08/23 For Sale $159,900 0.0% $86 / Sq Ft
12/13/2019 12/13/19 Rented $850 +6.3% --
10/11/2019 10/11/19 Under Contract -- -- --
10/02/2019 10/02/19 For Rent $800 0.0% --
10/01/2018 10/01/18 Rented $800 0.0% --
08/28/2018 08/28/18 Under Contract -- -- --
06/22/2018 06/22/18 For Rent $800 0.0% --
04/10/2018 04/10/18 Sold $82,500 -17.4% $44 / Sq Ft View Prior Sale
03/19/2018 03/19/18 Pending -- -- --
11/23/2017 11/23/17 For Sale $99,900 -- $54 / 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 $4,884 $86,700 $0 $0
2024 $4,884 $79,200 $0 $0
2023 $3,343 $56,000 $0 $0
2022 $3,721 $51,800 $0 $0
2021 $2,748 $48,000 $0 $0
2020 $2,720 $40,600 $0 $0
2019 $2,280 $36,700 $0 $0
2018 $1,900 $33,100 $0 $0
2017 $956 $31,200 $0 $0
2016 $2,280 $32,200 $0 $0
2015 $3,160 $31,600 $0 $0
2013 $3,250 $34,100 $0 $0
2012 $2,374 $35,000 $4,700 $30,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230009516

Realcomp

APN: 45-008-03-0200-000