$181,397 EMV

1.5 Baths   1,187 Sq. Ft.   Single-Family
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Mill St
Lincoln Park, MI 48146

Overview

This Single-Family is located at Mill St, Lincoln Park, MI 48146. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 1.5 Baths , 1,187 sqft of living space.
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Status: Inactive
Listing ID: 58097861

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Rental Chart
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Property Information

  • Bathrooms: 1.5
  • Living Area Size: 1,187
  • Year Built: 1949
  • Source ID: 45023504
  • Day(s) On Site: 175
  • Parcel Number: 45 010 07 1160 300
  • Subdivision: LINCOLNSHIRE SUBDIVISION NO 3
  • Property Type: Single Family Dwelling
  • Owner Name: FANNIE MAE
  • Recording Date: 05-17-2022
  • Document Book: 57641
  • Owner Mailing Address: 14221 DALLAS PKWY STE 1000
  • Document Page: 240
  • Document Number: 0576410240

Public Records

  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 6
  • No. of Stories: 1
  • Parking: DETACHED GARAGE
  • Parking Sqft: 484
  • Construction Type: ALUMINUM/VINYL
  • Exterior Wall Type: ADOBE BLOCK
  • Heating Fuel: GAS
  • Roof Type: GABLE
  • Land Area Sqft: 8,712
  • Year Built: 1949
  • APN: 45-010-07-1160-300
  • Property Type: Single Family Residence
  • Township: LINCOLN PARK
  • Front Footage: 92
  • Depth Footage: 123
  • Living Sqft: 1,187
  • Garage: DETACHED
  • Subdivision: LINCOLNSHIRE 3-LINCOLN PARK

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Mill St located in Lincoln Park, MI is $1,102/month. Comparable homes around Mill St that are rentals have monthly ranges starting as low as $860 per month and as high as $1,281 per month. An owner looking to use this property as an investment could bring a return in the area of $860 - $1,281 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
03/30/22 04/28/22 Preforeclosure
03/21/22 04/28/22 Preforeclosure Specialized Loan Servicing LLC

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Homes On This Street
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Mill St
Lincoln Park, MI 48146

1.5 Baths   1,187 sq. ft.   Single-Family

$181,397 EMV

Status: Inactive Listing ID: 58097861

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Mill-St-Lincoln-Park-MI-48146/58097861_lid

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