NOT LISTED FOR SALE

102 E Caspian Ave Caspian, MI 49915

Estimated Value: $101,000

Studio
4 Baths
2,792 Sq Ft
$36/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $26,500 $9 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $657/month

169 Days on Market

About This Home

As of August 2017

Seriously priced to move with a good rental history. This 4 unit complex has low maintenance vinyl siding and roof that was put on in 2009. There are two upgraded electrical panels. Per Unit Square Feet above is approximate. Building is 28 x 44 giving 1232 square feet on both levels plus an additional 328 on the third floor for a grand total of 2792 finished living space. There is one 1-bedroom unit and three 2-bedroom units. Each has one bath. Three of the four units are currently rented. When fully rented, income is $2000 a month. Utilities are currently included in the rent. DTE averages ~$203 a month, Water & Sewer ~$295 a month and UPPCO for electric ~$460 a month. Employment opportunities are close by with Aramark just a block away.

Last Agent to Sell the Property

Danelle Dove

RE/MAX NORTH COUNTRY License #UPAR Listed on: 12/02/2016

RE/MAX NORTH COUNTRY

Last Buyer's Agent

Michael Leonard

U.P. RIVERLAND REALTY License #UPAR

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x120

Parking

  • 3 Car Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3605123101900

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1915
  • Mail City: Caspian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction: Vinyl Siding
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 3605123101900
  • Lot Dimensions: 60x120
  • Acreage: 0.16
  • Geo Subdivision: MI

Multi Family

  • Total Units: 4

MLS Schools

  • School District: West Iron County School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2016
Closed on
Aug 16, 2017
Sold by
Transition Properties Llc
Bought by
Raging River Properties Inc
Seller's Agent
Danelle Dove
RE/MAX NORTH COUNTRY
Buyer's Agent
Michael Leonard
U.P. RIVERLAND REALTY
List Price
$44,900
Sold Price
$26,500
Premium/Discount to List
-$18,400
-40.98%
Current Estimated Value
$101,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,500

Purchase Details

Closed on
Jan 10, 2000
Sold by
Messer Trust and Mb Dtd 5
Bought by
Property Management Of Ir

Purchase Details

Closed on
Feb 18, 1995
Bought by
Messer Trust and Mb Dtd 5

Purchase Details

Closed on
Jul 13, 1993
Sold by
Stier Richard F
Bought by
St John Wallace & Phyllis M
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Raging River Properties Inc $26,500 --
Property Management Of Ir $42,000 --
Messer Trust -- --
St John Wallace & Phyllis M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2017 08/15/17 Sold $26,500 -41.0% $9 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
12/02/2016 12/02/16 For Sale $44,900 -- $16 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $1,457 $54,070 $2,100 $51,970
2024 $15 $33,890 $1,200 $32,690
2023 $1,355 $27,560 $1,200 $26,360
2022 $1,292 $25,240 $1,200 $24,040
2021 $1,428 $24,750 $1,200 $23,550
2020 $1,239 $23,730 $1,200 $22,530
2019 -- $23,370 $1,050 $22,320
2018 -- $21,910 $0 $0
2016 -- $22,730 $0 $0
2015 $20,049 $22,010 $0 $0
2014 $20,049 $20,900 $0 $0
2013 $20,049 $20,900 $0 $0
2012 -- $20,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danelle Dove

    Seller's Agent in 2017

    Danelle Dove

    RE/MAX NORTH COUNTRY

    (906) 367-6331

    328 Total Sales

    Danelle Dove
    Section Image

  • M

    Buyer's Agent in 2017

    Michael Leonard

    U.P. RIVERLAND REALTY

See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072031

Upper Peninsula Association of REALTORS®

APN: 051-231-019-00

Michigan Iron County Caspian 49915

102 E Caspian Ave, Caspian, MI

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes