NOT LISTED FOR SALE

1014 Market St Saint Joseph, MI 49085

Estimated Value: $268,000 - $360,000

4 Beds
2 Baths
-- Sq Ft
4,125 Sq Ft Lot

Last Sold June 15, 2018

Last sale price $182,000

Est. 73% increase in value since last sale

Current estimated payment $2,080/month

5 Days on Market

Highlights

  • Forced Air Heating System
  • Upton Middle School Rated A
  • 2-minute walk to Kiwanis Park

About This Home

As of June 2018

Beautifully remodeled 2-unit Duplex on quiet street walking distance to Downtown and Silver Beach. Each unit has 2 Large Bedrooms, 1 Bath, Kitchen and Family Room and many Updates. Plenty of parking off alley. Inside entrance for upstairs. Enclosed porch downstairs. Basement is dry and offers extra storage space & Laundry. Each tenant has separate washer & dryer. All appliances & washer/dryer stay. Tenants pay all utilities.

Last Agent to Sell the Property

Tim O'Leary

Michigan Lake & Land LLC License #6504362071 Listed on: 05/01/2018

Last Buyer's Agent

Suzanne Heckert

Wright Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,321

Year Built

  • Built in 1912

Lot Details

  • 4,125 Sq Ft Lot
  • Lot Dimensions are 33x125

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Connected

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,321

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1912
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 33x125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3320.66
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 179900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4125.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3320.66
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2020
Sold by
Lori Dana A
Bought by
Lori Luke L and Luke L Lori Revocable Trust
Current Estimated Value
$314,312

Purchase Details

Listed on
May 1, 2018
Closed on
Jun 26, 2018
Sold by
Frix and Gaelle
Bought by
Lori Dana A
Seller's Agent
Tim O'Leary
Michigan Lake & Land LLC
Buyer's Agent
Suzanne Heckert
Wright Properties
List Price
$179,900
Sold Price
$182,000
Premium/Discount to List
$2,100
1.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$154,700
Outstanding Balance
$134,071
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$180,241

Purchase Details

Listed on
May 1, 2018
Closed on
Jun 15, 2018
Sold by
Frix Alari and Preuveneers Gaelle
Bought by
Lori Dana A
Seller's Agent
Tim O'Leary
Michigan Lake & Land LLC
Buyer's Agent
Suzanne Heckert
Wright Properties
List Price
$179,900
Sold Price
$182,000
Premium/Discount to List
$2,100
1.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,700
Outstanding Balance
$134,071
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$180,241

Purchase Details

Listed on
Oct 23, 2015
Closed on
Dec 4, 2015
Sold by
Paruchuri Mohan R and Paruchuri Lakshmi D
Bought by
Frix Alain and Preuveneers Gaelle
Seller's Agent
Dick Donnellan
Core Real Estate, Inc.
Buyer's Agent
Tim O'Leary
Michigan Lake & Land LLC
List Price
$130,000
Sold Price
$102,000
Premium/Discount to List
-$28,000
-21.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.06%

Purchase Details

Closed on
Feb 6, 2009
Sold by
Gathright Lynne K
Bought by
Paruchuri Mohan R and Paruchuri Lakshmi D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 1997

Purchase Details

Closed on
Jan 3, 1995

Purchase Details

Closed on
Dec 9, 1994

Purchase Details

Closed on
Jun 1, 1994
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
Lori Luke L -- None Available
Lori Dana A $182,000 Chicago Title
Lori Dana A $182,000 Chicago Title
Frix Alain $102,000 Chicago Title
Paruchuri Mohan R $100,000 Chicago Title Of Michigan
-- $50,000 --
-- $58,400 --
-- -- --
-- $58,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lori Dana A $154,700
Closed Lori Dana A $154,700
Previous Owner Paruchuri Mohan R $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2018 06/15/18 Sold $182,000 +1.2% --
05/06/2018 05/06/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $179,900 +76.4% --
12/14/2015 12/14/15 Sold $102,000 -21.5% -- View Prior Sale
12/14/2015 12/14/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $130,000 -- --
Source: Southwestern Michigan Association of REALTORS®

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 $4,881 $125,500 $0 $0
2024 $4,780 $120,100 $0 $0
2023 $4,574 $101,500 $0 $0
2022 $4,363 $83,300 $0 $0
2021 $4,300 $79,000 $14,000 $65,000
2020 $4,241 $75,700 $0 $0
2019 $4,194 $63,800 $14,800 $49,000
2018 $3,635 $63,800 $0 $0
2017 $3,321 $61,800 $0 $0
2016 $3,321 $58,900 $0 $0
2015 $3,013 $56,500 $0 $0
2014 $2,902 $53,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18017801

Southwestern Michigan Association of REALTORS®

APN: 11-76-1600-0022-00-6