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1541 University Ave, Lincoln Park, MI, 48146

$140,000

Home List Price

$1,663*

Closing Credit

3 Bedrooms
1 Full Bath
816 SqFt
$172/SqFt
House
Schools Nearby

Location

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1541 University Ave, Lincoln Park$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1954
HeatingNatural Gas, Forced Air
MLS #20240027537
Lot Size0.10 Acres
StatusActive

About 1541 University Ave

** OFFER DEADLINE Monday May 6th @ 4pm ** Home Sweet Home... This bright and airy ranch is centrally located near parks, shopping and schools in the lively and dynamic City of Lincoln Park! Situated in a well-established neighborhood, this home boasts an easy-flow floorplan, great natural sunlight and 3 bedrooms. Stylishly updated with neutral colors in 2024 with a modern kitchen and bathroom. NEW DRIVEWAY 2024 • ALL NEW APPLIANCES 2024 • Seller to provide full Certificate of Occupancy. Move-in ready! BATVAI

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1954
  • Stories: 1
  • Living Area: 816 SqFt

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Hanoe Gibbons

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Lincoln Park High School, Public District Grades 9-12
  • Lincoln Park Middle School, Public District Grades 7-8
  • Lafayette Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Howard Ave/University Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $172/SqFt

Tax Information:

  • Annual Amount: $951
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lincoln Park, MI.

Med. Sold Price

$149.1K

Med. Price/SqFt

$138

Avg. Days On Market

10

# of Sold Homes

21

1541 University Ave vs Lincoln Park

12 DAYS ON ROCKET

+2 Days

$140,000

-$9.1K Less

$172/SqFt

+$34 More

KEY TAKEAWAY

This property is $9.1K less than the Median Sold Price and $34/SqFt more than other homes in Lincoln Park, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240027537

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Hanoe Gibbons

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2024, 5:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$951$30,600
2020$913$17,732
2018$913$16,700
2017$951$17,400

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-8816544
4
/10
  • Lafayette Elementary School

  • 1360 Lafayette Blvd

  • 0.07 miles

  • Public District Grades PK-6

Middle School

school-card-donut-8816545
3
/10
  • Lincoln Park Middle School

  • 2800 Lafayette Blvd

  • 1.09 miles

  • Public District Grades 7-8

High School

school-card-donut-8816546
4
/10
  • Lincoln Park High School

  • 1701 Champaign Rd

  • 1.11 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,951. Residents of Lincoln Park, MI typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1541 University Ave

What is the listing price of this property?

The listing price of 1541 University Ave property is $140,000.

What type of property is this?

The property 1541 University Ave is a house located in Lincoln Park, Michigan, 48146.

Is this property for sale now?

Active Listing: 1541 University Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1541 University Ave are:
Lafayette Elementary School: GreatSchools Rating 4/10
Lincoln Park Middle School: GreatSchools Rating 3/10
Lincoln Park High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $951 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1541 University Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1541 University Ave is 816 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1541 University Ave is 1954.

Rocket HomesMichiganWayne CountyLincoln Park481461541 University Ave

This home is located at 1541 University Ave in Lincoln Park, MI and zip code 48146. This 816 square foot home, which was built in 1954, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $140,000.

In April 2024, from all listings sold in Lincoln Park, MI there were more than 15 sold above asking price, over 3 sold below and more than 3 were sold right at the asked price. Between March 2024 and April 2024, Lincoln Park, MI real estate market has seen increase in the number of listings by 1.2%. In April 2024 median list price was $149,120 and the average listing age was 10 days.

From Rocket Homes Real Estate and based on county public records data.

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