$90,000
SOLD MAR 30, 2014

105 N Brand St Elk Rapids, MI 49629

4 Beds
2 Baths
1,440 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

14% Below List Price

525 Days on Market

Highlights

  • Cathedral Ceiling
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Elk Rapids High School Rated A-
  • Shed

About This Home

As of April 2022

Top notch investment opportunity with great rental history. Check out this 2 bedroom duplex unit located in Elk Rapids close to shopping, banking and schools. These units have been updated with new furnaces, roof, windows and numerous other improvements within the units. Call today for an appointment to tour this income property!

Last Agent to Sell the Property

Conrad Reiter

Up North Properties License #6502329571 Listed on: 09/14/2012

Last Buyer's Agent

Conrad Reiter

Up North Properties License #6502329571 Listed on: 09/14/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $43

Year Built

  • Built in 1976

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 80x105
  • The community has rules related to zoning restrictions

Parking

  • Assigned Parking

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Oven or Range
  • Washer and Dryer Hookup

Basement

  • Crawl Space
  • Basement Storage

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Er Iron Co 1St Community

Listing and Financial Details

  • Rent includes exterior maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$43

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (Side X Side)
  • Style: 1 Story
  • Estimated Year Built: 1976
  • Construction: Frame
  • Section Number: 21
  • Univs Design Barrier Free: Ramped Entrance
  • Year Updated: 1999
  • Year Renovated: 2010
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1976

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, All Units The Same
  • Interior Amenities: Cathedral Ceiling, Laundry Hook-Up, Storage Space
  • Price Per Sq Ft: 62.5
  • Range: R 9W
  • Total Finished Sf Apx: 1440

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl Space
  • Number Of Acres: 0.2
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: Assigned Parking Spaces

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv
  • Water: Municipal
  • Heating Cooling Type: Forced Air

Association/Amenities

  • Development Name: ER Iron Co 1st

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Lot Dimensions: 80x105
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential

Rental Info

  • Included In Lease: Exterior Maintenance

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Apr 8, 2022
Sold by
Reiter Ryan M and Reiter Kally J
Bought by
Blue Hawk Investments Llc
Seller's Agent
Conrad Reiter
Up North Properties
Buyer's Agent
Sarah Burlingame
Up North Properties
List Price
$274,500
Sold Price
$215,000
Premium/Discount to List
-$59,500
-21.68%
Total Days on Market
525
Current Estimated Value
$307,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,735
Avg. Annual Appreciation
9.77%

Purchase Details

Closed on
Nov 24, 2014
Sold by
Wanda J Wanda J and Humphrey Randy L
Bought by
Reiter Ryan M and Reiter Kally J

Purchase Details

Closed on
Sep 10, 2012
Sold by
Humphrey Wanda J
Bought by
Humphrey Wanda J

Purchase Details

Closed on
Jul 14, 2004
Bought by
Humphrey Wanda J and Humphrey Randy L
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $187,500 Attorney Only
Interfamily Deed Transfer $90,000 --
Quit Claim Deed -- --
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $215,000 -21.7% $149 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $274,500 +205.0% $191 / Sq Ft
03/30/2014 03/30/14 Sold $90,000 -14.3% $63 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
09/14/2012 09/14/12 For Sale $105,000 -- $73 / 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
2025 $43 $105,700 $0 $0
2024 $43 $106,700 $0 $0
2023 $4,157 $92,400 $0 $0
2022 $2,418 $75,400 $0 $0
2021 $2,327 $71,300 $0 $0
2020 $2,242 $62,400 $0 $0
2019 $2,271 $60,400 $0 $0
2018 $2,880 $61,600 $0 $0
2017 $2,826 $57,300 $0 $0
2016 $2,469 $54,900 $0 $0
2015 -- $53,700 $0 $0
2014 -- $51,200 $0 $0
2013 -- $50,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1739549

Northern Great Lakes REALTORS® MLS

APN: 05-43-225-026-00