NOT LISTED FOR SALE

1566 Ferris Ave Lincoln Park, MI 48146

Estimated Value: $102,000 - $118,000

2 Beds
1 Bath
825 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $72,000 $87 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $747/month

1 Day on Market

Highlights

  • Ranch Style House
  • No HOA
  • Porch

About This Home

As of January 2021

BEAUTIFULLY MAINTAINED & MOVE-IN READY! 2 BEDROOM RANCH ON AN OVERSIZED LOT WITH A FULL DRIVEWAY AND NICE SIZED YARD. BEAUTIFUL HARDWOOD FLOORS THROUGHOUT THE ENTIRE HOME ON THE MAIN FLOOR. NICE SIZED DINING ROOM OFF OF THE KITCHEN WITH DOORWALL TO A BEAUTIFUL TREX DECK. UPDATED ROOF, CIRCUIT BREAKERS & PLUMBING. DOUBLE PANE VINYL WINDOWS. STOVE, FRIDGE, WASHER & DRYER INCLUDED. UPDATED STEEL FRONT & REAR ENTRY DOORS. PLENTY OF ROOM TO BUILD A GARAGE DOWN THE ROAD. ABSOLUTE MUST SEE!

Last Listed By

Tom Long

Real Estate One-Southgate License #6506045759 Listed on: 11/30/2020

Real Estate One-Southgate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60.00x100.00

Home Design

  • 825 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Additional Features

  • Free-Standing Electric Oven
  • Porch
  • Ground Level
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Robinwood Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45007100078000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,079

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1927
  • State Equalized Value: 32400.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 825
  • Total Sq Ft: 825
  • Sq Ft Total Bsmt: 825

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Radiant
  • 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: 499285.7143
  • Lot Size Area: 0.14
  • Lot Dimensions: 60.00X100.00
  • Parcel Number: 45007100078000

Tax Info

  • Tax Amount Summer: 869.0000
  • Tax Amount Winter: 210.0000
  • Total Tax: 1079.0000
  • Taxable Value: 19825.0000

MLS Schools

  • School District: Lincoln Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2020
Closed on
Jan 20, 2021
Sold by
Wesserling Arthur J and Wesserling Susan L
Bought by
Williams John
Seller's Agent
Tom Long
Real Estate One-Southgate
Buyer's Agent
Andrea Denson
Island Realty Inc
List Price
$69,900
Sold Price
$72,000
Premium/Discount to List
$2,100
3%
Total Days on Market
1
Current Estimated Value
$109,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,562
Avg. Annual Appreciation
12.61%
Original Mortgage
$54,000
Outstanding Balance
$42,133
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$77,405

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
Williams John $72,000 Capital Title Ins Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams John $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $72,000 +3.0% $87 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $69,900 -- $85 / 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
2024 $1,628 $55,600 $0 $0
2023 $944 $47,900 $0 $0
2022 $1,118 $41,200 $0 $0
2021 $1,093 $36,500 $0 $0
2020 $1,083 $32,400 $0 $0
2019 $855 $23,800 $0 $0
2018 $770 $19,000 $0 $0
2017 $638 $19,300 $0 $0
2016 $1,099 $20,400 $0 $0
2015 $2,010 $20,100 $0 $0
2013 $2,130 $22,200 $0 $0
2012 $1,309 $23,100 $6,700 $16,400
Source: Public Records

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Source: Realcomp

MLS Number: 2200097040

Realcomp

APN: 45-007-10-0078-000