NOT LISTED FOR SALE

108 E Main St Negaunee, MI 49866

Estimated Value: $273,000 - $315,106

5 Beds
3 Baths
3,998 Sq Ft
$73/Sq Ft Est. Value

Last Sold September 13, 2017

Last sale price $96,000 $24 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $1,639/month

463 Days on Market

Highlights

  • Hot Water Heating System
  • Lakeview Elementary School Rated A-
  • Laundry Facilities

About This Home

As of September 2017

Income property with great rental history. Spacious units with 1-3 bedrooms, 1 bath and hardwood floors. Convenient to downtown. The units are MSDA approved. Seller pays heat (avg. $400 monthly) and water (avg. $300 monthly).

Last Agent to Sell the Property

Theresa Hunter

SELECT REALTY License #UPAR Listed on: 04/28/2016

Last Buyer's Agent

Igor Kruhak

EXP REALTY LLC License #UPAR

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32

Year Built

  • Built in 1890

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45x130

Parking

  • 3 Car Parking Spaces

Home Design

  • Asphalt

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 52-53-020-198-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Year: 2014
  • Year Built: 1890
  • Mail City: Negaunee
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 3998

Exterior Features

  • Construction: Asphalt
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 52-53-020-198-00
  • Lot Dimensions: 45x130
  • Acreage: 0.13

Tax Info

  • Total Tax: Year: 2014

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Negaunee Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2024
Sold by
Superior Shores Llc
Bought by
Av Rental Properties 6 Llc
Current Estimated Value
$298,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$197,388
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$95,139

Purchase Details

Listed on
Apr 28, 2016
Closed on
Sep 13, 2017
Sold by
Pierce Randall W
Bought by
Superior Shores Llc
Seller's Agent
Theresa Hunter
SELECT REALTY
Buyer's Agent
Igor Kruhak
EXP REALTY LLC
List Price
$117,900
Sold Price
$96,000
Premium/Discount to List
-$21,900
-18.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%
Original Mortgage
$97,282
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2005
Bought by
Pierce Randall
Source: Public Records

Range of Values:

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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
Av Rental Properties 6 Llc $50,000 None Listed On Document
Superior Shores Llc $96,000 --
Pierce Randall $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Av Rental Properties 6 Llc $200,000
Previous Owner Superior Shores Llc $97,282
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2017 09/13/17 Sold $96,000 -18.6% $24 / Sq Ft
08/04/2017 08/04/17 Pending -- -- --
04/28/2016 04/28/16 For Sale $117,900 -- $29 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $32 $121,850 $0 $0
2024 $32 $109,350 $0 $0
2023 $3,058 $102,050 $0 $0
2022 $4,639 $78,450 $0 $0
2021 $4,500 $83,850 $0 $0
2020 $4,397 $78,450 $0 $0
2019 $4,316 $74,000 $0 $0
2018 $4,244 $70,550 $0 $0
2017 $3,568 $70,050 $0 $0
2016 $3,518 $66,650 $0 $0
2015 -- $66,650 $0 $0
2014 -- $62,950 $0 $0
2012 -- $55,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071845

Upper Peninsula Association of REALTORS®

APN: 52-53-020-198-00