NOT LISTED FOR SALE

Estimated Value: $298,000 - $340,000

Studio
-- Bath
-- Sq Ft
4,748 Sq Ft Lot

Last Sold July 12, 2021

Last sale price $275,000

Est. 18% increase in value since last sale

Current estimated payment $2,014/month

4 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • High Speed Internet

About This Home

As of July 2021

Welcome to 1019 Fulton St! This two unit home is going to be a great fit for anyone to wants a cash flowing asset or owner looking to occupy the property. The property is conveniently located minutes away from downtown, medical mile, and plenty of East Town hotspots. Both units were renovated in 2018. Unit 1 is currently occupied at $1250 per month and unit 2 is currently vacant with potential rent at $1000 per month. Come check it out before it's gone - schedule your showing today!

Last Agent to Sell the Property

Kase Knochenhauer

Keymark Realty Listed on: 06/09/2021

Last Buyer's Agent

Kase Knochenhauer

Keymark Realty Listed on: 06/09/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,015

Year Built

  • Built in 1865

Lot Details

  • 4,748 Sq Ft Lot
  • Lot Dimensions are 43x110

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection, water

Community Details

Building Details

  • Insurance Expense $1,400
  • Maintenance Expense $1,500
  • Manager Expense $2,330
  • Utility Expense $1,400
  • Gross Income $27,600

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,015

Year Built

Built in 1865

Lot Details

4,748 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1865
  • General Property Info:Basement: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 275000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.109
  • Lot Size Area: 0.11
  • Lot Dimensions: 43x110
  • Lot Size Sq Ft: 4748.0

Rental Info

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

Multi Family

  • Gross Income: 27600.0
  • Insurance Expense: 1400.0
  • Maintenance Expense: 1500.0
  • Manager Expense: 2330.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4015.44
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 12, 2021
Sold by
Hyma Tyler M and Hyma Carlissa M
Bought by
Cascini Andrew A and Cascini Caroline D
Seller's Agent
Kase Knochenhauer
Keymark Realty
Buyer's Agent
Kase Knochenhauer
Keymark Realty
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$325,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,307
Avg. Annual Appreciation
3.70%
Original Mortgage
$220,000
Outstanding Balance
$199,616
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$125,691

Purchase Details

Listed on
Sep 7, 2017
Closed on
Oct 12, 2017
Sold by
Birdsey Mantaigne R
Bought by
Hyma Tyler M and Hyma Carlisa M
Seller's Agent
Scott Hutchison
Coldwell Banker Schmidt Realtors
Buyer's Agent
Matthew Luce
Real5
List Price
$134,900
Sold Price
$135,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.89%
Original Mortgage
$114,750
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2013
Closed on
Jun 21, 2013
Sold by
Anderson Brett D and Anderson Kenisha S
Bought by
Birdsey Montaigne R
Seller's Agent
Randy Reeds
Reeds Realty
Buyer's Agent
Scott Hutchison
Coldwell Banker Schmidt Realtors
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%

Purchase Details

Closed on
Jul 16, 1998
Sold by
Volkrs Volkrs R R and Volkrs M
Bought by
Birdsey Dean J and Birdsey Montaigne R

Purchase Details

Closed on
Nov 14, 1989

Purchase Details

Closed on
Apr 8, 1983
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
Cascini Andrew A $275,000 Chicago Title Of Mi Inc
Hyma Tyler M $135,000 None Available
Birdsey Montaigne R $85,000 None Available
Birdsey Dean J $61,700 --
-- $39,300 --
-- $29,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cascini Andrew A $220,000
Previous Owner Hyma Tyler M $114,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2021 07/12/21 Sold $275,000 0.0% --
06/13/2021 06/13/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $275,000 +103.7% --
10/12/2017 10/12/17 Sold $135,000 +0.1% -- View Prior Sale
09/13/2017 09/13/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $134,900 +58.7% --
06/21/2013 06/21/13 Sold $85,000 -5.5% -- View Prior Sale
05/28/2013 05/28/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $89,900 -- --
Source: MichRIC

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 $4,050 $143,600 $0 $0
2024 $41 $128,800 $0 $0
2023 $4,067 $106,700 $0 $0
2022 $3,863 $96,500 $0 $0
2021 $3,998 $90,700 $0 $0
2020 $3,864 $86,800 $0 $0
2019 $3,282 $78,100 $0 $0
2018 $3,177 $72,400 $0 $0
2017 $2,620 $54,900 $0 $0
2016 $2,633 $52,500 $0 $0
2015 $2,509 $52,500 $0 $0
2013 -- $43,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21021604

MichRIC

APN: 41-14-29-182-012

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