NOT LISTED FOR SALE

10161 Dixie Hwy Ira, MI 48023

Ira Township Area

Estimated Value: $1,125,000 - $1,551,403

17 Beds
17 Baths
7,154 Sq Ft
$196/Sq Ft Est. Value

Sale Details

Date Sold: January 4, 2018

Last sale price $595,000 $83 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $8,872 / mo

64 Days on Market

Highlights

  • Lake Front
  • 0.78 Acre Lot
  • Ranch Style House
  • Pier or Dock
  • Deck
  • Attached Garage

About This Home

As of January 2018

Numerous possibilities for this 17 unit motel on the north shore of Lake St Clair. Zoned commercial B-2 there are a variety of permitted uses. Operate AS IS and live on premises in the 2 bdrm ranch the current owners live in. Units 1-8 are weekly re ntals 9-16 nightly. lake cottage is currentlyly rented weekly. Please note there is no flood insurance required for motel however the cottage has a portion in the flood zone and may require flood insurance. One of the most spots on the lake Priced below assessed value - TCV 794,705 on tax rolls.

Last Agent to Sell the Property

Melanie Lovati

Innovation Real Estate Specialists Inc. License #MISPE-6502370130 Listed on: 09/19/2017

Last Buyer's Agent

Jacqueline Phillips

EXP Realty LLC License #RCO-6501382936

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1959

Lot Details

  • 33,977 Sq Ft Lot
  • 124 Ft Wide Lot
  • Lake Front
  • Sloped Lot
  • Sprinkler System

Home Design

  • Ranch Style House
  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • Living Room with Fireplace
  • Water Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 17 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Block Basement Construction
  • Crawl Space

Parking

  • Attached Garage
  • 3 Car Parking Spaces
  • Heated Garage
  • Lighted Parking

Outdoor Features

  • Access To Lake
  • Seawall
  • Deck
  • Patio

Location

  • Flood Risk

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 23-600-0041-000

Community Details

Overview

  • 17 Units
  • Supervisors Bowers Anchor Bay Plat Subdivision

Recreation

  • Pier or Dock

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,406

Year Built

Built in 1959

Lot Details

0.78 Acres

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: Investment, Attached
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Flood Insurance: Not Required
  • Flood Plain: 100 Year
  • Total Tax Amount: 9406
  • Total Tax Year: 2017
  • Year Built: 1959
  • Mail City: Fair Haven
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Features: Livroom Fireplace
  • Basement: Yes
  • Basement Type: Block, Partial, Walk Out
  • Bedrooms: 17
  • Full Bathrooms: 17
  • Total Bathrooms: 17
  • Dining Kitchen: Dining "L"
  • Source of Sq Ft: Estimated

Exterior Features

  • Construction: Brick
  • Exterior Features: Deck, Lawn Sprinkler, Patio
  • Frontage: 124
  • Lake Name: St Clair
  • Water Features: Dock/Pier Facility, Lake Frontage, Lake/River Access, Sea Wall, Water View, Waterfront, All Sports Lake
  • Waterfront: Yes
  • Foundation Type: Basement, Crawl
  • Roads: Paved Street, City/County

Garage/Parking

  • Garage Type: Heated Garage, Attached Garage, Electric In Garage
  • Parking: Lighted, 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Baseboard, Zoned Heating
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 23-600-0041-000
  • Location: Main Street
  • Lot Dimensions: 34412
  • Acreage: 0.78
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Sloping
  • Zoning: Commercial

Rental Info

  • Landlord Pays: Lawn Maintenance, Snow Removal, Taxes, Trash Removal, Water/Sewer, Electric, Gas

Tax Info

  • Summer Tax: Year: 2017, Amount: $5,780.00
  • Winter Tax: Year: 2016, Amount: $3,626.00
  • Total Tax: Year: 2017, Amount: $9,406.00

Multi Family

  • Total Units: 17

MLS Schools

  • School District: Anchor Bay School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2023
Sold by
Bought by
Current Estimated Value
$1,402,468

Purchase Details

Closed on
Feb 28, 2020
Sold by
Bought by

Purchase Details

Listed on
Sep 19, 2017
Closed on
Jan 4, 2018
Sold by
Bought by
Seller's Agent
Melanie Lovati
Innovation Real Estate Specialists Inc.
Buyer's Agent
Jacqueline Phillips
EXP Realty LLC
List Price
$589,900
Sold Price
$595,000
Premium/Discount to List
$5,100
0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$476,000
Interest Rate
0.0394%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
0.0449%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- New Door Title
$1,350,000 Devon Title Agency
$595,000 First American Title
$375,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,099,000
Previous Owner $476,000
Previous Owner $369,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/04/2018 01/04/18 Sold $595,000 +0.9% $83 / Sq Ft
11/22/2017 11/22/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $589,900 -- $82 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,764 $492,100 $0 $0
2024 $14,333 $471,700 $0 $0
2023 $13,279 $466,200 $0 $0
2022 $22,191 $431,200 $0 $0
2020 $22,321 $427,800 $144,900 $282,900
2019 $21,057 $425,000 $0 $0
2018 $13,478 $399,300 $0 $0
2017 $9,575 $386,400 $0 $0
2016 $5,735 $386,400 $0 $0
2015 -- $358,500 $207,900 $150,600
2014 -- $327,600 $207,900 $119,700
2013 -- $341,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31331221

Michigan Multiple Listing Service

APN: 23-600-0041-000

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