NOT LISTED FOR SALE

10295 W Remus Rd Unit 1 - 4 Remus, MI 49340

Estimated Value: $143,000 - $260,000

9 Beds
4 Baths
3,892 Sq Ft
$56/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $145,000 $37 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,523/month

9 Days on Market

Highlights

  • Home fronts a pond
  • Countryside Views
  • Ranch Style House
  • Bluff on Lot
  • Vaulted Ceiling
  • Pole Barn

About This Home

As of March 2020

This established income property on M20 five miles east of Remus is situated on three country acres. All four residential units have private entrances facing four different directions. It includes a separate 40 x 36 pole barn partitioned into three 10 x 15 and one 20 x 40 storage units plus a coin operated laundry room. Electric and natural gas are all metered separately and there is a fifth account for the pole barn. Tenants love the reasonable utility expenses. Landlord mows grass, plows snow and provides a dumpster. Tenants agree in their leases to shovel sidewalks. Isabella County Time of Transfer certificate is on file for two separate septic tank and drainfield systems. One five inch PVC casing water well adequately serves the entire property. NOTE: Sellers are a Real Estate Broker and an Associate Real Estste Broker in the State of Michigan.

Last Agent to Sell the Property

Larry Bean

PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES License #6506038102 Listed on: 01/04/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 1950

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 297 x 445
  • Home fronts a pond
  • Bluff on Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,892 Sq Ft Home
  • Paneling
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Rods
  • Countryside Views
  • Fire and Smoke Detector
  • Oven or Range

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Basement Windows
  • Basement Window Egress

Outdoor Features

  • Property is near a pond
  • Covered patio or porch
  • Pole Barn
  • Rain Gutters

Location

  • Mineral Rights

Schools

  • Remus Elementary School
  • Chippewa Hills Middle School
  • Chippewa Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Shared Well
  • Well
  • Natural Gas Water Heater
  • Shared Septic
  • Satellite Dish
  • Cable TV Available

Community Details

  • 4 Units
  • Net Operating Income $10,279

Listing and Financial Details

  • Rent includes exterior maintenance, trash removal, snow removal, water, sewer, pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,913

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: 4 - Plex
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1950
  • Construction: Frame
  • Qtr Section: Ne
  • Section Number: 20
  • Univs Design Barrier Free: No Steps Entry, Covered Entrance
  • Year Updated: 2015
  • Percent Of Remodel: 50
  • Year Renovated: 1999
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer, Blinds, Curtain Rods, Ceiling Fan, Electric Water Heater, Natural Gas Water Heater, Smoke Alarms
  • Interior Amenities: Storage Space, Beamed Ceilings, Vaulted Ceilings, Drywall, Paneling
  • Price Per Sq Ft: 37.26
  • Range: R 6W
  • Total Finished Sf Apx: 3892

Exterior Features

  • Additional Buildings: Pole Building(s)
  • Exterior Features: Sidewalk, Countryside View, Covered Porch, Gutters
  • Exterior Finish: Vinyl Siding
  • Foundation: Full, Walkout, Block, Daylight Windows, Entrance Outside, Egress Windows, Full Finished
  • Number Of Acres: 3
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Pond, Bluff (greater Than 10ft)

Utilities

  • Sewer: Private Septic, Shared Septic
  • Tv Service Internet Avail: Cable Tv, Cable Internet, Dish Tv
  • Water: Private Well, Shared Well
  • Heating Cooling Type: Forced Air

Schools

  • School District: Chippewa Hills School District
  • Elementary School: Remus Elementary School
  • Middle School: Chippewa Hills Middle School
  • High School: Chippewa Hills High School

Lot Info

  • Lot Dimensions: 297 X 445
  • Mineral Rights: To Pass With Title
  • Percent Wet Acres: 20
  • Percent Wooded: 10
  • Zoning Use Restrictions: Residential, Multi-Family, Outbuildings Allowed, Building-Use Restrictions
  • Percent Open: 90

Rental Info

  • Included In Lease: Exterior Maintenance, Trash Removal, Snow Removal, Water, Sewer, Pets Allowed

Tax Info

  • Summer Taxes: 2300
  • Taxable Value: 70749
  • Total Taxes: 2913
  • Winter Taxes: 613
  • Year Summer: 2019
  • Year Winter: 2019

Multi Family

  • Total Number Units: 4

MLS Schools

  • Elementary School: Remus Elementary School
  • HighSchool: Chippewa Hills High School
  • School District: Chippewa Hills School District
  • Middle School: Chippewa Hills Middle School

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2020 03/04/20 Sold $145,000 -3.3% $37 / Sq Ft
01/04/2020 01/04/20 For Sale $150,000 -- $39 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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
2024 $3,923 $113,200 $0 $0
2023 $3,923 $108,000 $0 $0
2022 $3,923 $100,200 $0 $0
2021 $3,923 $90,300 $0 $0
2020 $3,165 $84,300 $0 $0
2019 $627 $79,900 $0 $0
2017 $2,852 $70,500 $0 $0
2016 $2,828 $82,000 $0 $0
2015 $471,315 $69,100 $0 $0
2014 -- $75,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1870727

Northern Great Lakes REALTORS® MLS

APN: 01-020-20-006-02