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476 Farnham Avenue

476 Farnham Avenue, Lincoln Park, MI 48146
Property in Lincoln Park
Sold Dec 13, 2021
$150,000
$147,283 by University Lending Group Llc
Mortgage Due Jan 01, 2052
Sold Mar 18, 2013
$32,350
476 Farnham Avenue in Lincoln Park, MI was first built in 1951 and is 73 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. 476 Farnham Avenue has 1,152 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. The home has a hip style roof. For those who need parking, there is a garage. The garage is 308 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of adobe. 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, 476 Farnham Avenue was last sold in Dec 9, 2021 for $150,000. According to our calculations, that's $130.21 per sqft. Prior to that sales transaction, the property was sold for $32,350 in Feb 27, 2013. Current property owners are expected to pay $2,545 in taxes per year. The property on 476 Farnham Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $69,800. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Vinyl Siding

Parking

Assigned Parking
Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Exterior Walls Type: Adobe
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 768
  • Garage Type: Garage
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHOOL LAWN SUB
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JJ129B 130A WLY 18 FT OF LOT 129 AND THE ELY 24 FT OF LOT 130 ALSO SLY 1/2 ADJ VAC ALLEY G. P. EMRICKS SCHOOL LAWN SUB PC 86

Ownership

  • Current Owner : PATTERSON LAURA
  • Current Owner 2: EASTRIDGE LUCAS
  • Previous Owner : JPGMS LLC
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Park Public Schools
  • School Tax School District: LINCOLN PARK
  • Census Tract: 577600

Geography

  • District: 45
  • Section: 06
  • Parcel: 45 008 06 0129 002
  • Lot: 129-130
  • Municipality: LINCOLN PARK CITY
  • Latitude: 42.2397
  • Longitude: -83.1633

    Address

  • Full Address: 476 Farnham Ave
  • Address - House Number: 476
  • Address - Street Name: Farnham
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Lincoln Park
  • Carrier Code: C016
  • 4-Digit Zip Code: 2831
  • Zip Code: 48146

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,545
  • Tax Rate Code Area: 82090

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 138,534
  • High Value: 201,779
  • Low Value: 75,288

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $147,283
  • First Open Lien Mortgage Lender: UNIVERSITY LENDING GROUP LLC
  • First Open Lien Mortgage Recording Date: Dec 13, 2021
  • First Open Lien Mortgage Loan Amount: $147,283
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $139,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Transaction ID: 11876330911
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021432741
  • Previous Sale Recording Date: Mar 18, 2013
  • Previous Sale Contract Date: Feb 27, 2013
  • Previous Sale Amount: $32,350
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY LENDING GROUP LLC
  • First Mortgage Transaction Date: Dec 13, 2021
  • First Mortgage Loan Amount: $147,283
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

About Lincoln Park



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Frequently Asked Questions

What neighborhood is 476 Farnham Avenue located in?
The 476 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 476 Farnham Avenue?
The average sales price for units in 476 Farnham Avenue is $144,900 , or $126/sqft. currently.

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