Check Availability

1022 Farnham Avenue

1022 Farnham Avenue, Lincoln Park, MI 48146
Property in Lincoln Park
Sold May 21, 2019
$41,000
$39,770 by Navy Fcu
Mortgage Due May 01, 2049
1022 Farnham Avenue in Lincoln Park, MI was first built in 1944 and is 80 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1022 Farnham Avenue has 1,088 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 420 ft and the linear feet between the front and back of the lot is 1,080. In total, the area measurement of the land is 4,356 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 400 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1022 Farnham Avenue was last sold in Apr 26, 2019 for $41,000. According to our calculations, that's $37.68 per sqft. Current property owners are expected to pay $1,742 in taxes per year. The property on 1022 Farnham Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $55,300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 720
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,088
  • Building Area: 1,088
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,088
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OF ADJ VAC ALLEY FORT ST. SCHOOL SUB
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JD77 78A LOT 77 AND THE ELY 7 FT OF LOT 78 ALSO S 1/2 ADJ VAC ALLEY FORT ST. SCHOOL SUB PC 86 L41 P55 WCR

Ownership

  • Current Owner : LEWIS JOSEPH M
  • Previous Owner : WATKINS RAY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Park Public Schools
  • School Tax School District: LINCOLN PARK
  • Census Tract: 577500

Geography

  • District: 45
  • Section: 14
  • Parcel: 45 009 14 0077 000
  • Lot: 77-78
  • Municipality: LINCOLN PARK CITY
  • Latitude: 42.2433
  • Longitude: -83.1751

    Address

  • Full Address: 1022 Farnham Ave
  • Address - House Number: 1022
  • Address - Street Name: Farnham
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Lincoln Park
  • Carrier Code: C023
  • 4-Digit Zip Code: 2721
  • Zip Code: 48146

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,742
  • Tax Rate Code Area: 82090

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 105,289
  • High Value: 153,357
  • Low Value: 57,220

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $39,770
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: May 21, 2019
  • First Open Lien Mortgage Loan Amount: $39,770
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2049

    Market Valuation

  • Market Total Value: $110,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 26, 2019
  • Current Sale Recording Date: May 21, 2019
  • Current Sale Transaction ID: 11615513412
  • Current Sale Price: $41,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019172698

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: May 21, 2019
  • First Mortgage Loan Amount: $39,770
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

About Lincoln Park



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 39 Knox Apt #3 Street, Ecorse, MI, 48229

$729 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
39 Knox Apt #3 Street, Ecorse, MI, 48229 Listing by Bill A Hamie

Frequently Asked Questions

What neighborhood is 1022 Farnham Avenue located in?
The 1022 Farnham Avenue is a located in the neighborhood of Lincoln Park in Lincoln Park, Lincoln Park.
What is the average sales price for listings in 1022 Farnham Avenue?
The average sales price for units in 1022 Farnham Avenue is $0 currently.

Quantcast