NOT LISTED FOR SALE

106 Arctic St Buchanan, MI 49107

Estimated Value: $184,000 - $213,000

2 Beds
1 Bath
-- Sq Ft
9,235 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $150,000

Est. 30% increase in value since last sale

Current estimated payment $1,235/month

30 Days on Market

Highlights

  • 1 Fireplace
  • Baseboard Heating
  • Level Lot
  • Window Unit Cooling System

About This Home

As of May 2022

Are you an investor or looking for a home that will pay for itself? Live on one side and rent out the other. The work has already been done with new storage sheds, new roofing, water heater and lines, flooring, electrical, fixtures, etc. Convenient location.Currently tenants in both units with good rent history.

Unit 1: 2 bed, 1 bath 850sq ft, $750 monthly rent
Unit 2: 2 bed, 1 bath 850sq ft, $750 monthly rent

Last Agent to Sell the Property

Molly Nicholson

Century 21 Affiliated License #6501341399 Listed on: 03/28/2022

Century 21 Affiliated

Last Buyer's Agent

Carolee Dalrymple

The Home Source Group License #6506045404

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,473

Year Built

  • Built in 1967

Lot Details

  • 9,235 Sq Ft Lot
  • Lot Dimensions are 66 x 140
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Baseboard Heating
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,473

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1967
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 87.65
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66 x 140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 1473.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Electric: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Slab: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Heat Type:Baseboard: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Slab

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 149000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Baseboard, Electric
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 66 x 140
  • Lot Size Sq Ft: 9235.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1473.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 13, 2022
Sold by
Trevor Mojsiejenko
Bought by
Iverson Ronald
Seller's Agent
Molly Nicholson
Century 21 Affiliated
Buyer's Agent
Carolee Dalrymple
The Home Source Group
List Price
$149,000
Sold Price
$150,000
Premium/Discount to List
$1,000
0.67%
Current Estimated Value
$195,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,181
Avg. Annual Appreciation
7.48%

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jun 30, 2021
Sold by
Carlson Douglas B and Carlson Babette
Bought by
Mojsicjenko Trevor
Seller's Agent
Jason Sutton
@properties Christie's International R.E.
Buyer's Agent
Kameron Morris
eXp Realty
List Price
$115,000
Sold Price
$103,200
Premium/Discount to List
-$11,800
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.70%

Purchase Details

Closed on
Apr 25, 2003
Sold by
Conklin Curt L and Conklin Tammy L
Bought by
Carlson Douglas B and Carlson Babette

Purchase Details

Closed on
Aug 21, 2000

Purchase Details

Closed on
May 1, 1997

Purchase Details

Closed on
Apr 5, 1979

Purchase Details

Closed on
Mar 5, 1979

Purchase Details

Closed on
Jul 1, 1977
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Iverson Ronald $150,000 Bittner Jennings Attorneys
Mojsicjenko Trevor $103,200 First American Title
Carlson Douglas B -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2022 05/13/22 Sold $150,000 +0.7% --
02/28/2022 02/28/22 For Sale $149,000 +44.4% --
06/30/2021 06/30/21 Sold $103,200 -10.3% -- View Prior Sale
06/04/2021 06/04/21 For Sale $115,000 -- --
Source: MichRIC

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 $2,595 $70,800 $0 $0
2024 $2,461 $50,000 $0 $0
2023 $2,365 $42,900 $0 $0
2022 $2,153 $38,300 $0 $0
2021 $1,473 $27,600 $3,800 $23,800
2020 $1,454 $28,900 $0 $0
2019 $1,427 $23,300 $1,500 $21,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22005934

MichRIC

APN: 11-58-2500-0030-00-0