Sold for $175,000

$175,000

225 S Lincoln St, Charlotte, MI 48813

8beds

2,342sqft

MultiFamily

Built in 1948

-- sqft lot

$183,800 Zestimate^®

$75/sqft

$1,301 Estimated rent

Home value

$183,800

$130,000 - $259,000

$1,301/mo

Zestimate^® history

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$1,214/mo

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$1,214/mo

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What's special

New floors and paint

4 unit in Charlotte. Each unit is 2 bed 1 bath. Each unit has its own gas and electric meter. Apartment 1 is in rough shape. Rent is $465. Apartment 2 is in good shape and rent is.$800. Apartment 3 has been updated a few years ago but the tenants have smoked in it. Rent is $500. Apartment 4 has new floors and paint and in good shape. Currently vacant. I believe rents could all be increased to around $900 but apartment 1 would need some work to get $900. Willing to do land contract

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Forced air

Features

Flooring: Hardwood

Interior area

Total interior livable area: 2,342 sqft

Property

Parking

Parking features: Off-street

Features

Exterior features: Stucco, Metal
Has view: Yes
View description: City

Lot

Size: 7,840 Square Feet

Details

Parcel number: 20001320038500

Construction

Type & style

Home type: MultiFamily

Materials

Foundation: Slab
Roof: Asphalt

Condition

Year built: 1948

Community & HOA

Location

Region: Charlotte

Financial & listing details

Price per square foot: $75/sqft
Tax assessed value: $140,400
Annual tax amount: $1,818

Price history

Date	Event	Price
2/28/2025	Sold	$175,000-10.3%$75/sqft
Source: Public Record Report a problem
12/26/2024	Price change	$195,000-9.3%$83/sqft
Source: Owner Report a problem
11/22/2024	Price change	$215,000-4.4%$92/sqft
Source: Owner Report a problem
9/3/2024	Listed for sale	$225,000+298.2%$96/sqft
Source: Owner Report a problem
10/13/2018	Listing removed	$500
Source: Zillow Rental Manager Report a problem
9/11/2018	Listed for rent	$500
Source: Zillow Rental Manager Report a problem
3/9/2016	Sold	$56,500-18%$24/sqft
Source: Public Record Report a problem
12/2/2015	Price change	$68,900-1.4%$29/sqft
Source: C B Hubbell BriarWood-Delta #69283 Report a problem
10/5/2015	Price change	$69,900-6.7%$30/sqft
Source: C B Hubbell BriarWood-Delta #69283 Report a problem
8/20/2015	Listed for sale	$74,900+149.7%$32/sqft
Source: C B Hubbell BriarWood-Delta #69283 Report a problem
10/2/2012	Sold	$30,000-25%$13/sqft
Source: Public Record Report a problem
11/6/2011	Listing removed	$40,000$17/sqft
Source: GlennCoker.net Report a problem
1/7/2011	Price change	$40,000-19.8%$17/sqft
Source: Coldwell Banker Hubbell Briarwood #199143 Report a problem
9/18/2010	Price change	$49,900-9.1%$21/sqft
Source: Coldwell Banker Hubbell Briarwood #199143 Report a problem
8/21/2010	Price change	$54,900-8.3%$23/sqft
Source: Coldwell Banker Hubbell Briarwood #199143 Report a problem
6/19/2010	Price change	$59,900-14.3%$26/sqft
Source: Coldwell Banker Hubbell Briarwood #199143 Report a problem
5/25/2010	Price change	$69,900-26.3%$30/sqft
Source: Coldwell Banker Hubbell Briarwood #199143 Report a problem
5/23/2010	Price change	$94,900+35.8%$41/sqft
Source: Coldwell Banker Hubbell Briarwood #199143 Report a problem
4/29/2010	Price change	$69,900-26.3%$30/sqft
Source: Coldwell Banker Hubbell Briarwood #199143 Report a problem
4/2/2010	Price change	$94,900+26.7%$41/sqft
Source: Coldwell Banker Hubbell Briarwood #199143 Report a problem
3/13/2010	Price change	$74,900-21.1%$32/sqft
Source: Coldwell Banker Hubbell Briarwood #199143 Report a problem
3/8/2010	Price change	$94,900+26.7%$41/sqft
Source: Coldwell Banker Hubbell Briarwood #199143 Report a problem
2/13/2010	Price change	$74,900-21.1%$32/sqft
Source: Coldwell Banker Hubbell Briarwood #199143 Report a problem
8/30/2008	Listed for sale	$94,900$41/sqft
Source: Point2 #154310 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,818	$70,200 +43.6%
2024	--	$48,900 +22.9%
2021	$1,465 +1.7%	$39,800 -0.7%
2020	$1,441	$40,100 +25.9%
2019	$1,441 +2.6%	$31,846 +42.1%
2018	$1,405 -9.9%	$22,409 -11.5%
2017	$1,560	$25,323 +1.2%
2016	--	$25,032 -13.7%
2015	--	$29,009 -1.3%
2014	--	$29,402 +1.6%
2013	--	$28,947 +1.1%
2011	--	$28,629 -5.2%
2010	--	$30,189 -39.9%
2009	--	$50,220 -4.1%
2008	--	$52,351 +21.1%
2007	--	$43,241 -13.2%
2006	--	$49,800 +12.2%
2005	--	$44,400 +2.3%
2004	--	$43,400