NOT LISTED FOR SALE

106 Williams St East Jordan, MI 49727

Estimated Value: $242,752 - $338,000

6 Beds
3 Baths
2,780 Sq Ft
$102/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $156,500 $56 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,970/month

Highlights

  • Water Views
  • Wood Frame Window
  • Laundry Room
  • Cathedral Ceiling
  • Patio
  • 2-minute walk to Community Park

About This Home

As of November 2020

Great investment opportunity within the city limits of East Jordan. Downtown location, 2 blocks from the City Marina. This well maintained, three unit building has had many updates within the last year allowing an investor to immediately buy and earn rental income. Units #2 & #3 have been updated with fresh paint, blinds, microwaves with ventless exhaust, refrigerators. Major portions of the entire building have also been updated this year including keyless entry for all units and common areas, new water heater, new light fixtures for all common area, exterior landscaping, sewer clean out from building to road and all electrical has been updated separating each unit with their own meter. New twin furnaces in 2011 making it 91% efficient. New roof in 2017! Looking for an investment that can start cash flowing immediately? Well, this is it! All showings need 48 hour notice to accommodate all tenants.

Last Agent to Sell the Property

Christina Roberts

Keller Williams - Northern Michigan Listed on: 07/20/2020

Keller Williams - Northern Michigan

Last Buyer's Agent

Christina Roberts

Keller Williams - Northern Michigan Listed on: 07/20/2020

Keller Williams - Northern Michigan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,266

Lot Details

  • 10,106

Home Design

  • Triplex
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,780 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Vinyl Clad Windows
  • Insulated Windows
  • Wood Frame Window
  • Water Views
  • Built-In Microwave
  • Laundry Room

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 053-354-006-00

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $2,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,266

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multifamily
  • Type 2: Triplex
  • Lvt Date: 07/22/2020
  • Measurement Source: Assessor
  • Section: 23
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Ceiling Fans
  • Basement: Full Walk Out, Full
  • Total Sq Ft: 2780
  • Above Grade Finished Sq Ft: 2780
  • Windows: Wood Sash, Insulated, Vinyl
  • Laundry Room: Y

Exterior Features

  • Construction: Wood Frame
  • Lake: Charlevoix
  • Roof: Asphalt Shingles
  • Waterfront Water Access: Neither
  • Water View: Y

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Number Electric Meters: 3
  • Number Gas Meters: 1
  • Number Water Heaters: 1
  • Number Water Meters: 1

Schools

  • School District: East Jordan

Lot Info

  • Lot: Y
  • Zoning: R-1
  • Property Description: Mutli-family

Tax Info

  • Assessor Parcel Number: 053-354-006-00

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 1995
Bought by
Trumble Larry and Zarchi Adi
Current Estimated Value
$283,188
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 Buyer Sale Price Title Company
Trumble Larry -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $156,500 -5.1% $56 / Sq Ft
07/20/2020 07/20/20 For Sale $164,900 +22.1% $59 / Sq Ft
10/11/2019 10/11/19 Sold $135,000 +35.1% $49 / Sq Ft
08/16/2019 08/16/19 For Sale $99,900 +17.5% $36 / Sq Ft
09/28/2016 09/28/16 Sold $85,000 -34.1% $31 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $129,000 -- $46 / Sq Ft
Source: Northern Michigan 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 $5,266 $123,900 $0 $0
2024 $3,333 $120,200 $0 $0
2023 $3,210 $105,800 $0 $0
2022 $3,063 $86,200 $0 $0
2021 $4,449 $76,500 $0 $0
2020 $2,557 $43,400 $0 $0
2019 $1,536 $37,900 $0 $0
2018 $1,549 $38,300 $0 $0
2017 $1,503 $38,300 $0 $0
2016 $1,133 $33,800 $0 $0
2015 $29,057 $28,700 $0 $0
2014 $29,057 $30,300 $0 $0
2013 -- $28,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 462668

Northern Michigan MLS

APN: 05335400600