1511 Buckingham AVE , Lincoln Park, MI 48146
Price cut $5,000 since it was listed at $125,000
Est. $1,197/mo with current taxes · · See the breakdown
About this home
Attention investors, priced way below market value!! Being sold AS-IS. Buyer is responsible for ordering city inspection and to handle exterior repairs if any needed based on results. Looking for a quick sale on this home...
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 | $120,000 |
| Original price | $125,000 |
| Price cut | −$5,000 |
| Beds | 2 |
| Baths | 1 full |
| Square feet | 800 |
| Type | Single family residence |
| Subdivision | GARFIELD PARK SUB |
| County | Wayne |
| MLS # | 20261086930 |
| Listed | 2026-10-28 |
| Days on market | 6 |
| Year built | 1949 |
| Possession | 3–5 days after closing |
| Stories | 1 story |
| Basement | Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Poured |
| Garage spaces | 1.5 |
| Water / Sewer | City water & sewer |
| Parcel number | 45016020817302 |
| Listing office | Keller Williams Legacy |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $61,258 | about $60,000 |
| Yearly property tax | $3,178 | about $3,166 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $66,500. 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 2026-11-03T10:57+00:00; refreshed at least twice daily.