NOT LISTED FOR SALE

1011 Cleaver Rd Caro, MI 48723

Estimated Value: $163,000 - $205,000

8 Beds
4 Baths
709 Sq Ft
$252/Sq Ft Est. Value

Sale Details

Date Sold: February 20, 2024

Last sale price $180,000 $254 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,242 / mo

27 Days on Market

Highlights

  • 1.22 Acre Lot
  • Forced Air Heating System
  • Asbestos
  • 1-Story Property

About This Home

As of February 2024

The Property has four homes, 1011, 1017, 1021 and 1027 Cleaver Rd. One tax ID number. Not a big turnover in occupants. The property has a lot of options and the commercial would be a prime location, with income until the option appears. Located just a few feet north of the intersection of M-24 and M-81 in the City of Caro. Each home is a two-bedroom, with city water and sewer, and cable available and within walking distance of downtown or Wal Mart.

Last Agent to Sell the Property

Gary King

Real Estate One-Caro License #6505349778 Listed on: 12/12/2023

Real Estate One-Caro

Last Buyer's Agent

Gary King

Real Estate One-Caro License #6505349778 Listed on: 12/12/2023

Real Estate One-Caro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 212x389x275x213
  • Property fronts a highway

Home Design

  • Asphalt Roof
  • Asbestos
  • Stick Built Home

Interior Spaces

  • 4 Full Bathrooms
  • 709 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • Off-Site Parking
  • Assigned Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 050034000507500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,314

Year Built

Built in 1950

Lot Details

1.22 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Stick
  • Architecture Level: 1 Story
  • Year Built: 1950
  • State Equalized Value: 59900.0000
  • Pets Allowed: No
  • AgentOnly_ListPriceByAcre: 196639.3400
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Total Sq Ft: 709

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Asbestos
  • Road Frontage Type: Highway
  • Sideof Street: NW

Garage/Parking

  • MF Parking: Assigned Spaces, Off Site, Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 1.22
  • Lot Dimensions: 212X389X275X213
  • Parcel Number: 050034000507500
  • Zone Conform: Yes
  • Zoning: Commercial

Rental Info

  • Rent Includes: Water/Sewer, Trash Collection (Garbage Pickup), Water
  • Monthly Rental Income: 1785

Tax Info

  • Tax Amount Summer: 1437.0000
  • Tax Amount Winter: 1877.0000
  • Total Tax: 3314.0000
  • Taxable Value: 54577.0000

Multi Family

  • Gross Scheduled Income: 21420.00
  • Number Of Units Total: 4

MLS Schools

  • School District: Caro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Feb 20, 2024
Sold by
Morrison Joyce
Bought by
R B Morrison Property Llc
Seller's Agent
Gary King
Real Estate One-Caro
Buyer's Agent
Gary King
Real Estate One-Caro
List Price
$239,900
Sold Price
$180,000
Premium/Discount to List
-$59,900
-24.97%
Views
74
Current Estimated Value
$178,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,663
Avg. Annual Appreciation
-0.43%

Purchase Details

Closed on
Jun 29, 2016
Sold by
Hollen Revocable Living Trust
Bought by
Williams Cassie and Williams George
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
R B Morrison Property Llc -- None Listed On Document
R B Morrison Property Llc -- None Listed On Document
Williams Cassie $126,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $180,000 -25.0% $254 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
12/12/2023 12/12/23 For Sale $239,900 -- $338 / Sq Ft
Source: Realcomp

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 $3,563 $74,700 $0 $0
2024 $3,563 $66,000 $0 $0
2023 $3,406 $59,900 $0 $0
2022 $3,246 $60,300 $0 $0
2021 $3,144 $65,400 $0 $0
2020 $3,100 $53,600 $0 $0
2019 $3,040 $48,700 $0 $0
2018 $3,132 $65,800 $0 $0
2017 $3,067 $65,300 $0 $0
2016 $2,974 $65,200 $0 $0
2015 $6 $65,100 $0 $0
2014 $6 $67,000 $0 $0
2013 $9 $67,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230103260

Realcomp

APN: 050-034-000-5075-00

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