NOT LISTED FOR SALE

10054 Genesee St New Lothrop, MI 48460

Estimated Value: $296,264

12 Beds
8 Baths
3,400 Sq Ft
$87/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $330,000 $97 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,243/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Baseboard Heating
  • Dogs and Cats Allowed
  • Patio
  • Laundry Facilities
  • High Speed Internet

About This Home

As of August 2020

Investors Of New Lothrop / 3400 sq.ft. / 8 units / 12 Beds 8 baths / Coin Laundry / Newer Remodel / 7 of 8 Leased Currently / Ample Parking For Tenants & Visitors / Rent Includes electric, gas, water, sewer / view today our empty unit and upon successful agreement of sale other units may be viewed for final approval / Unique Opportunity to be landlord success overnight / Landlord pays water bill as this includes boiler heat 376 per month / Landlord pays gas and electric for common area 145 per month / coin laundry pays income of 200 per month / village new lothrop tax 1088.78 hazelton twp summer tax 1142.26 hazelton twp winter tax 4580.45

Last Agent to Sell the Property

Eric Stamm

Eric Stamm Team Real Estate License #6502405665 Listed on: 07/13/2020

Last Buyer's Agent

Caleb July

The Sedlarik Group Realty LLC License #6501378450

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1974 | Remodeled in 2018

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 100x226

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 8 Full Bathrooms
  • 3,400 Sq Ft Home
  • 2-Story Property
  • Carbon Monoxide Detectors
  • Unfinished Basement

Parking

  • 16 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Patio
  • Breezeway

Utilities

  • Window Unit Cooling System
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00474051000

Community Details

Overview

  • 8 Units
  • Village Of New Lothrop Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,811

Year Built

Built in 1974 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 723.41
  • Year Built: 1974
  • State Equalized Value: 119600.0000
  • Year Renovated: 2018
  • Pets Allowed: Cats OK | Dogs OK
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3400

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Porch Type: Breezeway, Patio
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 16

Utilities

  • Heating Fuel: Electric
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Sewer: Sewer-Sanitary
  • Water Heater Fuel: Electric
  • Water Source: Municipal Water
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 513235.2941
  • Lot Size Area: 0.68
  • Lot Dimensions: 100x226
  • Parcel Number: 00474051000
  • Zone Conform: Yes
  • Zoning: Commercial

Rental Info

  • Rent Includes: Heat, Snow Removal, Water/Sewer, Yard Maintenance
  • Monthly Rental Income: 5125

Tax Info

  • Tax Amount Summer: 2231.0000
  • Tax Amount Winter: 4580.0000
  • Total Tax: 6811.0000
  • Taxable Value: 98000.0000

Multi Family

  • Gross Scheduled Income: 61500.00
  • Number Of Units Total: 8

MLS Schools

  • School District: New Lothrop

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Jul 31, 2020
Sold by
Kendall Perry E and Kendall Patrice A
Bought by
Kowal Zarnowska Llc
Seller's Agent
Eric Stamm
Eric Stamm Team Real Estate
Buyer's Agent
Caleb July
The Sedlarik Group Realty LLC
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Current Estimated Value
$296,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,736
Avg. Annual Appreciation
-2.04%

Purchase Details

Closed on
Oct 15, 2003
Sold by
Kendall Properties Llc
Bought by
Kendall Perry E and Kendall Patty A

Purchase Details

Closed on
Jan 24, 2003
Sold by
Kendall Perry E and Kendall Patty A
Bought by
Kendall Properties Llc

Purchase Details

Closed on
Jan 2, 2003
Sold by
Duryea David E and Duryea Kathleen C
Bought by
Kendall Perry E and Kendall Patty A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kowal Zarnowska Llc $200,000 None Available
Kendall Perry E -- --
Kendall Properties Llc -- --
Kendall Perry E $190,000 Centennial Title & Abstract
Duryea David E $150,000 Centennial Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2020 08/03/20 Sold $330,000 -5.4% $97 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $349,000 -- $103 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,307 $168,100 $0 $0
2024 $7,864 $153,900 $0 $0
2023 $1,590 $137,800 $0 $0
2022 $3,046 $137,200 $0 $0
2021 $8,846 $130,200 $0 $0
2020 $6,942 $128,000 $0 $0
2019 $6,811 $96,300 $0 $0
2018 $6,423 $94,900 $0 $0
2017 $5,763 $92,900 $0 $0
2016 -- $92,900 $0 $0
2015 -- $93,400 $0 $0
2014 $12 $99,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Stamm

    Seller's Agent in 2020

    Eric Stamm

    Eric Stamm Team Real Estate

    (810) 730-3434

    221 Total Sales

    Eric Stamm
    Section Image
  • Caleb July

    Buyer's Agent in 2020

    Caleb July

    The Sedlarik Group Realty LLC

    (810) 691-5526

    127 Total Sales

    Caleb July
    Section Image
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Map

Source: Realcomp

MLS Number: 2200054181

Realcomp

APN: 004-74-051-000

Michigan Shiawassee County New Lothrop 48460

10054 Genesee St, New Lothrop, MI

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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