NOT LISTED FOR SALE

108 N Brown St Unit 2 Kingsley, MI 49649

Estimated Value: $264,000 - $346,000

4 Beds
2 Baths
1,440 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $110,000 $76 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,810/month

61 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Paneling
  • Kingsley Area Middle School Rated A-
  • Cathedral Ceiling
  • Forced Air Heating and Cooling System

About This Home

As of December 2016

This is a clean , neat and in good condition Duplex located in Village of Kingsley just two blocks from Main Street.There is good rental history ,currently the Rents may be lower than other similar units. Tenants pay for Utilizes,( Water/Sewer are included in base rent) plus tenants take care of Mowing Lawn and Caring for Snow Plowing.Owners have maintained the property well, New roofing in past 5 years, new floor coverings in part of the units, Rent Rates vary from $550 to 600 p/m.The lot size is large. Annual Insurance cost is $636/yr; Property taxes are $3,245/yr. (This tax figure is based on the asking price...Not the current taxes.)

Last Agent to Sell the Property

James Schmuckal

James A Schmuckal, REALTOR License #6504075391 Listed on: 09/23/2016

Last Buyer's Agent

Sam Flamont

The Mitten Real Estate Group License #6502431112

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,875

Year Built

  • Built in 1974

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 81x199
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Ranch Style House
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Paneling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • 108 Brown Community

Listing and Financial Details

  • Rent includes water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,875

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (Side X Side), 2 Residences / 1 Lot
  • Style: Duplex, Ranch, 1 Story
  • Estimated Year Built: 1974
  • Construction: Frame, Modular/Boca
  • Qtr Section: Se
  • Section Number: 5
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1974

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer, All Units The Same, Exhaust Fan, Blinds, Drapes, Curtain Rods, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms
  • Interior Amenities: Cathedral Ceiling, Drywall, Paneling
  • Price Per Sq Ft: 76.39
  • Range: R 10W
  • Total Finished Sf Apx: 1440

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Deck, Garden Area
  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl Space
  • Number Of Acres: 0.37
  • Road: Public Maintained
  • Roof: Asphalt

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv
  • Water: Municipal
  • Heating Cooling Type: Forced Air
  • Fireplace And Stoves: Gas

Association/Amenities

  • Development Name: 108 Brown

Schools

  • School District: Kingsley Area Schools

Lot Info

  • Lot Dimensions: 81x199
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Multi-Family

Rental Info

  • Included In Lease: Water, Sewer

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Kingsley Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2017
Current Estimated Value
$288,166

Purchase Details

Listed on
Sep 23, 2016
Closed on
Dec 29, 2016
Seller's Agent
James Schmuckal
James A Schmuckal, REALTOR
Buyer's Agent
Sam Flamont
The Mitten Real Estate Group
List Price
$119,000
Sold Price
$110,000
Premium/Discount to List
-$9,000
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%

Purchase Details

Closed on
Jun 18, 1998
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
-- -- --
-- $110,000 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2016 12/29/16 Sold $110,000 -7.6% $76 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $119,000 -- $83 / 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 $2,875 $83,100 $0 $0
2024 $742 $88,700 $0 $0
2023 $710 $68,200 $0 $0
2022 $2,606 $73,500 $0 $0
2021 $2,528 $68,200 $0 $0
2020 $2,478 $68,500 $0 $0
2019 $2,471 $65,700 $0 $0
2018 $2,487 $57,100 $0 $0
2017 -- $56,600 $0 $0
2016 -- $58,500 $0 $0
2014 -- $56,000 $0 $0
2012 -- $53,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1824105

Northern Great Lakes REALTORS® MLS

APN: 42-080-015-00