NOT LISTED FOR SALE

1016 13th St Port Huron, MI 48060

Estimated Value: $184,000 - $218,267

7 Beds
7 Baths
3,174 Sq Ft
$63/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $260,000 $82 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $1,441/month

18 Days on Market

About This Home

As of May 2022

All updated 1bed/1bath units, all updated including hallways, LVP flooring. Has Extra garage that could also be rented. Tenants pay for electric/gas, Landlord paid water. 2 of the units are occupied the rest have been updated and ready for tenants. Leaving empty for new owners to place tenants. Each unit should rent for $650, great cash flow potential. Please do not disturb tenants. Agents own interest in property.

Last Agent to Sell the Property

Teodor Bogdan

National Realty Centers, Inc License #6501411559 Listed on: 03/04/2022

National Realty Centers, Inc

Last Buyer's Agent

Patrick Echlin

Jones Chance & Co. License #6501438363

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927 | Remodeled in 2021

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 51.00x67.00

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 7 Full Bathrooms
  • 3,174 Sq Ft Home
  • 2-Story Property
  • Basement

Parking

  • On-Street Parking
  • Assigned Parking

Utilities

  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 7 Units
  • Wells' Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74067340101000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,735

Year Built

Built in 1927 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1927
  • State Equalized Value: 60300.0000
  • Year Renovated: 2021
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • Basement: Yes
  • Sq Ft Combined: 3174
  • Total Sq Ft: 3174
  • Sq Ft Total Bsmt: 1512

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 67
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces, On Street

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Port Huron

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 51.00X67.00
  • Parcel Number: 74067340101000
  • Zoning: Commercial

Rental Info

  • Rent Includes: Water/Sewer, Water
  • Monthly Rental Income: 4550

Tax Info

  • Tax Amount Summer: 3558.0000
  • Tax Amount Winter: 177.0000
  • Total Tax: 3735.0000
  • Taxable Value: 60300.0000

Multi Family

  • Gross Scheduled Income: 54600.00
  • Number Of Units Total: 7
  • Unit Count: 7
  • Number of One Bedroom Units: 7
  • Number Of Units Leased: 2

MLS Schools

  • School District: Port Huron

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
May 4, 2022
Sold by
1016 13Th Street Llc
Bought by
Tp3 Llc
Seller's Agent
Teodor Bogdan
National Realty Centers, Inc
Buyer's Agent
Patrick Echlin
Jones Chance & Co.
List Price
$280,000
Sold Price
$260,000
Premium/Discount to List
-$20,000
-7.14%
Current Estimated Value
$200,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,933
Avg. Annual Appreciation
-6.86%
Original Mortgage
$208,000
Outstanding Balance
$185,942
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$19,434

Purchase Details

Closed on
Apr 8, 2021
Sold by
Bogdan Teodor
Bought by
1016 13Th Street Llc

Purchase Details

Listed on
Jul 21, 2020
Closed on
Aug 7, 2020
Sold by
Blue Water Area Rentals Llc
Bought by
Bogdan Teodor
Seller's Agent
Rebecca Brougham
Realty Executives Home Towne
Buyer's Agent
Teodor Bogdan
National Realty Centers, Inc
List Price
$145,000
Sold Price
$150,000
Premium/Discount to List
$5,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%

Purchase Details

Listed on
Jul 21, 2020
Closed on
Aug 3, 2020
Sold by
Leavitt Thomas D and Leavitt Normajean
Bought by
Blue Water Area Rentals Llc
Seller's Agent
Rebecca Brougham
Realty Executives Home Towne
Buyer's Agent
Teodor Bogdan
National Realty Centers, Inc
List Price
$145,000
Sold Price
$150,000
Premium/Discount to List
$5,000
3.45%

Purchase Details

Closed on
Dec 10, 2012
Sold by
Leavitt Thomas D and Leavitt Normajean
Bought by
Leavitt Thomas D and Leavitt Normajean W

Purchase Details

Closed on
Dec 28, 2007
Sold by
Wrubel Lonnie D and Wrubel Donna L
Bought by
Blue Water Area Rentals Llc

Purchase Details

Closed on
Sep 4, 2007
Sold by
Leavitt Thomas D and Leavitt Normajean
Bought by
Wrubel Lonnie D and Wrubel Donna L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tp3 Llc $260,000 Huron Title
1016 13Th Street Llc -- None Available
Bogdan Teodor $143,000 None Available
Blue Water Area Rentals Llc $120,000 None Available
Leavitt Thomas D -- None Available
Blue Water Area Rentals Llc -- Huron Title Company
Blue Water Area Rentals Llc -- First American Title Ins Co
Wrubel Lonnie D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tp3 Llc $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $260,000 -7.1% $82 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $280,000 +86.7% $88 / Sq Ft
08/07/2020 08/07/20 Sold $150,000 +3.4% $47 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $145,000 -- $46 / 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 $4,237 $100,300 $0 $0
2024 $4,237 $95,000 $0 $0
2023 $4,012 $69,200 $0 $0
2022 $3,856 $61,400 $0 $0
2021 $3,701 $60,300 $0 $0
2020 $3,058 $59,300 $12,800 $46,500
2019 $3,003 $49,600 $0 $0
2018 $2,934 $49,600 $0 $0
2017 $2,690 $48,500 $0 $0
2016 $2,431 $48,500 $0 $0
2015 $2,386 $45,400 $5,100 $40,300
2014 $2,386 $44,300 $5,100 $39,200
2013 -- $44,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220014509

Realcomp

APN: 06-734-0101-000