$95,876
SOLD OCT 7, 2024

1013 Wall St Port Huron, MI 48060

3 Beds
2 Baths
1,794 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$53 Per Sq Ft

13% Below List Price

42 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • 2 Car Garage

About This Home

As of October 2024

Perfect for Passive Income. Well Maintained Duplex Grossing income $1596 a month. Leases are Month to Month. Lower #1 Unit Rent/$985 is a 2 bdr very spacious and clean could have a possible 3rd bedroom with a partition wall if put in place. Laundry available in Kitchen. Tenant owns dryer. Access to a full basement from #1 unit. #2 upper unit Rent/$611 is 1 bedroom which includes the Heated Garage as additional space for a Mancave or a Mechanic's Dream. Rents include Heat, Electric, Water/Sewer. All Appliances go with the sale of the home excluding the Dryer. Seller is giving $5,000 of Concessions to buyer at closing toward a 2nd furnace the rental inspection is requiring. Subject to Tenants Rights. Temp Rental Cert Subject to split furnace required by Rental Dept. Exclude Dryer

Last Agent to Sell the Property

Raschelle Goff

Wallace and Associates Real Estate License #6501310145 Listed on: 07/09/2024

Last Buyer's Agent

James Gostomski

Bliss Realty LLC License #6501379208

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1888

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 51.00 x 159.00
  • Back Yard Fenced

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,794 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Crawl Space
  • Carbon Monoxide Detectors

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74067340021000
  • $2,876 Seller Concession

Community Details

Overview

  • 2 Units
  • F. L. Wells' Plat Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,225

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Upper/Lower Apartment
  • Year Built: 1888
  • State Equalized Value: 57000.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Alarm, Carbon Monoxide Alarm(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1794
  • Total Sq Ft: 1794
  • Sq Ft Total Bsmt: 1299

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl, Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced
  • Foundation Materials: Stone
  • Road Frontage Type: Paved
  • Fencing: Back Yard

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage, Paved
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Fee Information

  • Operating Expense: 16128.00

Schools

  • School District: Port Huron

Lot Info

  • Lot Size Area: 0.19
  • Lot Dimensions: 51.00 x 159.00
  • Parcel Number: 74067340021000
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Heat, Electric, Water/Sewer, Trash Collection, Water
  • Monthly Rental Income: 1596

Tax Info

  • Tax Amount Summer: 1969.0000
  • Tax Amount Winter: 256.0000
  • Total Tax: 2225.0000
  • Taxable Value: 29271.0000

Multi Family

  • Gross Scheduled Income: 19152.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Port Huron

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Oct 7, 2024
Sold by
Scheffler Joel E
Bought by
Maduro Ledesha
Seller's Agent
Raschelle Goff
Wallace and Associates Real Estate
Buyer's Agent
James Gostomski
Bliss Realty LLC
List Price
$109,900
Sold Price
$95,876
Premium/Discount to List
-$14,024
-12.76%
Views
73
Current Estimated Value
$120,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,445
Avg. Annual Appreciation
29.46%
Original Mortgage
$91,082
Outstanding Balance
$90,303
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$28,791

Purchase Details

Closed on
Feb 10, 2008
Sold by
Scheffler Joel E and Rabe Paula C
Bought by
Schffler Joel E and Rabe Paul C
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $95,876 Ata National Title
Quit Claim Deed -- Ata National Title
Interfamily Deed Transfer -- Great Lakes Title & Escrow S
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $91,082 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $95,876 -12.8% $53 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $109,900 -- $61 / 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 $2,067 $65,900 $0 $0
2024 $2,067 $63,700 $0 $0
2023 $1,969 $57,000 $0 $0
2022 $1,776 $46,400 $0 $0
2021 $1,885 $41,200 $0 $0
2020 $1,703 $36,200 $36,200 $0
2019 $1,805 $27,000 $0 $0
2018 $1,635 $27,000 $0 $0
2017 $1,596 $26,200 $0 $0
2016 $1,428 $26,200 $0 $0
2015 $1,403 $25,600 $25,600 $0
2014 $1,403 $24,300 $24,300 $0
2013 -- $24,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240048430

Realcomp

APN: 06-734-0021-000