NOT LISTED FOR SALE

103 N Lincoln St Augusta, MI 49012

Estimated Value: $192,000 - $209,000

Studio
2 Baths
-- Sq Ft
1,760 Sq Ft Lot

Last Sold December 10, 2021

Last sale price $140,000

Est. 43% increase in value since last sale

Current estimated payment $1,147/month

58 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Wood Siding

About This Home

As of December 2021

You'll find a very well cared for duplex on a large corner lot in the Village of Augusta! Everything in excellent working condition - ready for new owners/tenants. Perfect for extended family -- or live in one unit and use rent from second unit pay for the mortgage. Unit A has large living room with attractive fireplace, slate hearth & mantel, and sliders to the wrap-around covered porch; 2 bedrooms upstairs & full bath. The primary bedroom is huge, with vaulted ceiling. Unit B has 2 main floor bedrooms, open layout with a bar counter separating kitchen & living room. Slider gives access to side yard w. concrete patio. Kitchen has a good-size pantry. Units are separately metered, 2 furnaces & hot water heaters. Tenants pay for gas/electric. Square footage is estimated. Unit A=$850, B=$800.

Last Agent to Sell the Property

Dan Thornton

Advanced Realty Global License #6501393083 Listed on: 09/09/2021

Last Buyer's Agent

Bryant Stuut

Next Realty Group License #6501418586

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,873

Year Built

  • Built in 1900

Lot Details

  • 1,760 Sq Ft Lot
  • Lot Dimensions are 100 x 176
  • Corner Lot

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Michigan Basement
  • Partial Basement

Parking

  • 4 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $14,400

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,873

Year Built

Built in 1900

Lot Details

1,760 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • General Property Info:Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 149900.0
  • Lot Features: Corner Lot, 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: Unpaved
  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.0404
  • Lot Size Area: 0.04
  • Lot Dimensions: 100 X 176
  • Lot Size Sq Ft: 1760.0

Rental Info

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

Multi Family

  • Gross Income: 14400.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2873.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Dec 10, 2021
Sold by
Casey Jr George J and Casey Danita I
Bought by
Sager Daniel S
Seller's Agent
Dan Thornton
Advanced Realty Global
Buyer's Agent
Bryant Stuut
Next Realty Group
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Current Estimated Value
$200,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,566
Avg. Annual Appreciation
8.94%
Original Mortgage
$128,205
Outstanding Balance
$116,717
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$83,849

Purchase Details

Listed on
Dec 1, 2016
Closed on
Jul 31, 2017
Sold by
White Donald M and White Karen L
Bought by
Casey Georgej and Casey Danita I
Seller's Agent
Frances Doezema
Time Line, REALTORS
Buyer's Agent
Dan Thornton
Advanced Realty Global
List Price
$112,000
Sold Price
$105,000
Premium/Discount to List
-$7,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$105,000
Interest Rate
3.88%
Mortgage Type
VA
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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Purchase History

Date Buyer Sale Price Title Company
Sager Daniel S $140,000 Chicago Title
Casey Georgej $105,000 Metro Advantage
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sager Daniel S $128,205
Previous Owner Casey Georgej $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2021 12/10/21 Sold $140,000 -6.6% --
11/06/2021 11/06/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $149,900 +42.8% --
07/07/2017 07/07/17 Sold $105,000 -6.3% -- View Prior Sale
03/30/2017 03/30/17 Pending -- -- --
12/01/2016 12/01/16 For Sale $112,000 -- --
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 $1,367 $117,900 $0 $0
2024 $939 $109,800 $0 $0
2023 $895 $100,300 $0 $0
2022 $3,350 $79,400 $0 $0
2021 $3,166 $67,900 $0 $0
2020 $3,102 $70,100 $0 $0
2019 $1,842 $68,400 $0 $0
2018 $1,286 $59,600 $0 $0
2017 -- $57,100 $0 $0
2016 -- $56,400 $0 $0
2015 -- $53,100 $0 $0
2014 -- $51,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21104813

MichRIC

APN: 04-33-480-040

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