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$440,000

Beds
3
Baths
1.0
sq ft
1,541

850 W Lincoln St, Birmingham, MI 48009

850 W Lincoln St

BirminghamCity_Oakland, MI 48009

    *OPEN HOUSE - SATURDAY (3/29) 1-3pm* Welcome home to this charming bungalow on an oversized 55' x 134' lot. Perfectly situated just moments from downtown Birmingham shopping and restaurants, parks, and scenic walking trails! Step inside to find a bright, south-facing interior with fresh paint throughout. The living room boasts large windows with an abundance of natural light. The spacious updated kitchen includes a new range and microwave, stainless steel appliances, an island, tons of cabinet and counter space, and a convenient attached dining area. The first floor includes beautiful hardwood floors in the open living room and the two large bedrooms or office space. The entry level is completed with an updated bathroom. The primary bedroom has new carpet, a walk-in closet, plus additional closet space. The finished basement offers extra living space or gym and abundant storage. The expansive, fenced backyard will be your own private retreat with two large decks and a pergola—ideal for entertaining or just unwinding outdoors. Newer central air conditioning unit (2022) and hot water tank (2022). This home is move-in ready and waiting for you!

    Details

    Property type

    Single Family Residence

    Est. home value

    $410,206

    Lot size

    7,405 sq ft

    Price per sq ft

    $286

    Year built

    1951

    Annual property taxes

    $10,294

    HOA

    No

    Price History

    03/28/2025
    Realcomp

    Realcomp #20250020120

    Listed
    $440,000
    +17.33%
    10/27/2023
    Realcomp

    Realcomp #20230070839

    Sold
    $375,000
    +21.36%
    06/05/2020
    Realcomp

    Realcomp #2200024534

    Sold
    $309,000

    Schools & Community

    Elementary school: 

    Unknown

    Middle school: 

    Unknown

    High school: 

    Unknown

    High school district: 

    Birmingham

    Negotiation Insights

    Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

    Seller could get up to

    $109,082
    Asking price
    $440,000
    Closing costs (~8% of asking)
    -$35,200
    Est. remaining loan balance
    -$295,718
    Cash to seller
    $109,082

    This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

    Seller’s Loan History

    Lender

    Neighbors Bank

    Loan start date

    October 2023

    Original loan amount

    $300,000

    Est. remaining balance

    $295,718

    Interest rate

    7.12%

    Loan type

    New Conventional, 30 year

    Seller

    Michelle Bates

    Source: Public records data

    If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

    How insights can help you

    Interest rate

    If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

    Motivation

    If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

    Equity

    If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

    Interested in learning more?

    Status: Active

    Tomo last checked: 04/03/2025 at 4:20 AM

    Listing updated: 03/28/2025 at 11:51 AM

    Listed by: James C Smith, Max Broock, REALTORS®-Birmingham Phone #: (248) 644-6700

    MLS: Realcomp #20250020120

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