1362 Gregory Avenue, Lincoln Park, MI 48146
Est. $1,038/mo with current taxes · · See the breakdown
About this home
This 2-bedroom, 1-bath home offers approximately 1,023 square feet of living space, an unfinished basement, and plenty of potential. Whether you're an investor looking to expand your portfolio or a buyer ready to bring your vision to life, this property presents an opportunity to make it your own. With room for improvements and the potential to build equity, this home is ready for its next chapter. Bring your ideas and explore the possibilities!
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 52.76 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $110,000 |
| Beds | 2 |
| Baths | 1 full |
| Square feet | 1,023 |
| Type | Single family residence |
| Subdivision | GARFIELD PARK SUB |
| County | Wayne |
| MLS # | 20261079390 |
| Listed | 2026-11-04 |
| Days on market | 0 |
| Year built | 1947 |
| Possession | At closing |
| Stories | 1.5 stories |
| Basement | Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Water / Sewer | City water & sewer |
| Parcel number | 45016020878300 |
| Listing office | Century 21 Curran & Oberski |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $28,833 | about $55,000 |
| Yearly property tax | $2,007 | about $2,902 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $895 a year more than this seller pays. The assessor's state equalized value (SEV) is $55,000. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Lincoln Park's 2025 homestead rate of 52.76 mills and assumes you claim the homestead exemption. See Lincoln Park's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-04T21:25+00:00; refreshed at least twice daily.