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586 Lincoln Avenue

586 Lincoln Avenue, Lincoln Park, MI 48146
Property in Lincoln Park
Refi Oct 23, 2014
Transfer
$49,500 by Green Tree Servicing Llc
Mortgage Due Nov 01, 2029
Local assessors in Lincoln Park, MI have categorized 586 Lincoln Avenue as a residential type of property. The home was built in 1947 and is 77 years old. The property's lot size has been calculated to be 4,356 square feet. The linear feet between the front and back of the lot was measured at 1,090 ft and the front of the lot was measured at 400 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 586 Lincoln Avenue has a total of 1,325 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $1,450 in taxes per year. The property on 586 Lincoln Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $56,700. 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: 1947
  • Effective Year Built: 1947
  • 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: 906
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,325
  • Building Area: 1,325
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,325
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLN PARK SUB
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FD329 LOT 329 ALSO SLY 1/2 ADJ VAC AL- LEY LINCOLN PARK SUB NO. 2 PC 95,84,83 L30 P80 WCR

Ownership

  • 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: 04
  • Parcel: 45 008 04 0329 000
  • Lot: 329
  • Municipality: LINCOLN PARK CITY
  • Latitude: 42.2427
  • Longitude: -83.1646

    Address

  • Full Address: 586 Lincoln Ave
  • Address - House Number: 586
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Lincoln Park
  • Carrier Code: C015
  • 4-Digit Zip Code: 2818
  • Zip Code: 48146

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,450
  • Tax Rate Code Area: 82090

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 108,499
  • High Value: 158,032
  • Low Value: 58,965

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $110,500
  • First Open Lien Mortgage Lender: GREEN TREE SERVICING LLC
  • First Open Lien Mortgage Recording Date: Oct 23, 2014
  • First Open Lien Mortgage Loan Amount: $49,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2029
  • Second Open Lien Mortgage Lender: COUNTRYWIDE BANK FSB
  • Second Open Lien Mortgage Recording Date: Sep 24, 2007
  • Second Open Lien Mortgage Loan Amount: $61,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2027

    Market Valuation

  • Market Total Value: $113,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,700

    Exemptions

  • Homeowner Exemption: Yes

About Lincoln Park



Similar Buildings

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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 586 Lincoln Avenue located in?
The 586 Lincoln Avenue is a located in the neighborhood of Lincoln Park in Lincoln Park, Lincoln Park.
What is the average sales price for listings in 586 Lincoln Avenue?
The average sales price for units in 586 Lincoln Avenue is $0 currently.

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