NOT LISTED FOR SALE

874 Farnham Ave Lincoln Park, MI 48146

Estimated Value: $168,000 - $192,000

3 Beds
2 Baths
1,269 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $88,000 $69 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,108/month

8 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Community Barbecue Grill
  • Covered Patio or Porch
  • Bungalow
  • 4-minute walk to Braverman Park

About This Home

As of June 2017

Pride of ownership shows in this wonderfully maintained 3Br, 2 full bath maintenance free 1.75 story vinyl bungalow in a nice area of Lincoln Park. Property features an updated large eat-in kitchen & hardwood floors throughout. Lots of storage in the large upper level master bedroom. Basement is partially finished. Dishwasher, stove & refrigerator are included. Fenced in yard with a covered, extended front porch. The 2.5 car, 1.5 story garage is a handyman’s dream with a huge upper level storage area that is accessible with a pull down stairway. Garage is completely insulated. 5 - Ceiling fans are located throughout the house. Close to shopping, schools & freeways. City inspection has been ordered (scheduled to be done May 16th). All city required repairs (if any) will be the responsibility of the buyer. Easy showings with appointment & lockbox. Must see to appreciate.

Last Agent to Sell the Property

Dennis Ross

Real Estate One-Southgate License #6501321560 Listed on: 05/01/2017

Real Estate One-Southgate

Last Buyer's Agent

Jenny Lefebvre

Network Realty LLC License #RCO-6501392003

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 37.00x108.00x37.00x108.00
  • Property fronts an easement
  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding
  • Chimney Cap
  • Vinyl Construction Material

Interior Spaces

  • 1,269 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Carbon Monoxide Detectors
  • Partially Finished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 45008060192002

Community Details

Overview

  • No Home Owners Association
  • G P Emricks School Lawn Sub Subdivision

Amenities

  • Community Barbecue Grill

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,605

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), Humidifier
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Refrigerator, Range/Stove
  • Sq Ft Combined: 1669
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 1269
  • Sq Ft Total Bsmt: 720

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Stone, Vinyl
  • Exclusions: Yes
  • Exterior Features: BBQ Grill, Chimney Cap(s), Fenced, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 37
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Electricity, Side Entrance
  • Garage: Yes

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

Schools

  • School District: Lincoln Park

Lot Info

  • Homestead: Yes
  • List Price per Acre: 966666.6667
  • Lot Features: Easement, Level
  • Lot Size Area: 0.09
  • Lot Dimensions: 37.00X108.00x37.00x108.00
  • Parcel Number: 45008060192002

Tax Info

  • Tax Amount Summer: 1153.0000
  • Tax Amount Winter: 452.0000
  • Total Tax: 1605.0000

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 29, 2017
Sold by
Thompson Timothy W
Bought by
Pichardo Fernando G
Seller's Agent
Dennis Ross
Real Estate One-Southgate
Buyer's Agent
Jenny Lefebvre
Network Realty LLC
List Price
$87,000
Sold Price
$88,000
Premium/Discount to List
$1,000
1.15%
Current Estimated Value
$178,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,291
Avg. Annual Appreciation
8.97%
Original Mortgage
$83,600
Interest Rate
3.96%
Mortgage Type
New Conventional
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
Pichardo Fernando G $88,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pichardo Fernando G $83,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Sold $88,000 +1.1% $69 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $87,000 -- $69 / 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 $1,645 $73,300 $0 $0
2024 $1,645 $65,400 $0 $0
2023 $1,559 $60,600 $0 $0
2022 $1,846 $48,600 $0 $0
2021 $1,805 $46,700 $0 $0
2020 $1,789 $33,300 $0 $0
2019 $1,413 $34,900 $0 $0
2018 $1,273 $31,400 $0 $0
2017 $905 $29,500 $0 $0
2016 $1,606 $30,400 $0 $0
2015 $2,970 $29,700 $0 $0
2013 $3,050 $31,900 $0 $0
2012 $1,816 $32,800 $5,300 $27,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217034363

Realcomp

APN: 45-008-06-0192-002