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12288 Lincolnshire Drive

12288 Lincolnshire Drive, Sterling Heights, MI 48312
Sold Aug 06, 2021
$75,000
$369,813 by Lake Michigan Cu
Mortgage Due Aug 01, 2037
This has been categorized as a residential property type. In total, the area measurement of the land is 7,187 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of D. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12288 Lincolnshire Drive sold most recently in Jul 15, 2021 for a total of $75,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,089 in taxes each year. 12288 Lincolnshire Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $195,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Aluminum Siding
Brick Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Quality: D
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,187
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAPLE WOODS OF STERLING HEIGHTS CONDOMINIUM, MCCP NO. 1154, UNIT 9 SPLIT FROM 10-35-126-005-000 FOR THE 2019 ROLL. SPLIT FROM

Ownership

  • Current Owner : CHAHINE RYAN
  • Previous Owner : MAPLE WOODS OF STERFING HEIGHTS II LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Warren Consolidated Schools
  • School Tax School District: WARREN CONSOLID
  • Census Tract: 231900

Zoning

  • Zoning: R-60

Geography

  • District: 10
  • Parcel: 10-10-35-128-009
  • Municipality: STERLING HEIGHTS CITY
  • Latitude: 42.5491
  • Longitude: -83.0014

    Address

  • Full Address: 12288 Lincolnshire Dr
  • Legal Unit: 9
  • Address - House Number: 12288
  • Address - Street Name: Lincolnshire
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Sterling Heights
  • Carrier Code: C015
  • 4-Digit Zip Code: 4215
  • Zip Code: 48312

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,089

    Appraisal Valuation

  • Standard Deviation: 0.1497
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 81
  • Final Value: 464,430
  • High Value: 533,982
  • Low Value: 394,878

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $369,813
  • First Open Lien Mortgage Lender: LAKE MICHIGAN CU
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Loan Amount: $369,813
  • First Open Lien Mortgage Term: 191
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2037

    Market Valuation

  • Market Total Value: $391,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11848044659
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202102219306

    Last Sale Mortgage

  • First Mortgage Lender: LAKE MICHIGAN CU
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $369,813
  • First Mortgage Terms: 191
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Aug 01, 2037

About Sterling Heights



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Frequently Asked Questions

What neighborhood is 12288 Lincolnshire Drive located in?
The 12288 Lincolnshire Drive is a house located in the neighborhood of Sterling Heights in Sterling Heights, Sterling Heights.
What is the average sales price for listings in 12288 Lincolnshire Drive?
The average sales price for units in 12288 Lincolnshire Drive is $0 currently.

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