NOT LISTED FOR SALE

108 Pine St Decatur, MI 49045

Estimated Value: $154,000 - $233,000

4 Beds
3 Baths
-- Sq Ft
0.25 Acres

Last Sold August 10, 2023

Last sale price $149,900

Est. 22% increase in value since last sale

Current estimated payment $1,182/month

8 Days on Market

Highlights

  • 2 Fireplaces
  • Window Unit Cooling System
  • Forced Air Heating and Cooling System

About This Home

As of August 2023

Good income producer in the Village of Decatur, 2 buildings, One is a 4 bedroom 1 1/2 bath the other is a 2 bedroom 1 bath. Always rented and tenants pay their own utilities. Plenty of parking.

Last Agent to Sell the Property

William Evenboer

Evenboer Walton, REALTORS License #6502128196 Listed on: 06/20/2023

Last Buyer's Agent

William Evenboer

Evenboer Walton, REALTORS License #6502128196 Listed on: 06/20/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,896

Year Built

  • Built in 1907

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x165

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Parking

  • 5 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Location

  • Mineral Rights

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,896

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1907
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66X165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2896.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Mineral Rights:Yes: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Full

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 149900.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

  • Cooling: Window Unit(s), Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 66X165
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2896.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Aug 23, 2023
Sold by
Horton Michael T
Bought by
Michael T Horton Revocable Living Trust and Horton
Seller's Agent
William Evenboer
Evenboer Walton, REALTORS
Buyer's Agent
William Evenboer
Evenboer Walton, REALTORS
List Price
$149,900
Sold Price
$149,900
Views
41
Current Estimated Value
$182,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,680
Avg. Annual Appreciation
8.12%

Purchase Details

Listed on
Jun 20, 2023
Closed on
Aug 10, 2023
Sold by
Baron Land Corporation
Bought by
Horton Michael T
Seller's Agent
William Evenboer
Evenboer Walton, REALTORS
Buyer's Agent
William Evenboer
Evenboer Walton, REALTORS
List Price
$149,900
Sold Price
$149,900
Views
41

Purchase Details

Closed on
Nov 18, 2005
Sold by
Sherburn Bernard C
Bought by
The Baron Land Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 16, 2005
Sold by
The Baron Land Corp
Bought by
Sherburn Bernard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 6, 2002
Sold by
Koehne Micahel E and Koehne Kristine L
Bought by
Baron Land Corporation

Purchase Details

Closed on
Dec 1, 2000
Sold by
Koehne Frank and Koehne Mary E
Bought by
Koehne Frank and Koehne Mary E
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
Michael T Horton Revocable Living Trust -- None Listed On Document
Horton Michael T $149,900 None Listed On Document
The Baron Land Corp -- --
Sherburn Bernard C -- Chicago Title
Baron Land Corporation $51,000 --
Koehne Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherburn Bernard C $78,750
Previous Owner Baron Land Corp $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $149,900 0.0% --
06/28/2023 06/28/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $149,900 -- --
Source: Southwestern Michigan 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
2024 $2,247 $84,200 $0 $0
2023 $1,123 $79,900 $0 $0
2022 $2,897 $70,500 $0 $0
2021 $2,632 $61,400 $7,400 $54,000
2020 $2,653 $51,400 $7,900 $43,500
2019 $2,506 $45,600 $45,600 $0
2018 $2,456 $42,300 $42,300 $0
2017 $2,391 $39,200 $0 $0
2016 $2,365 $35,500 $0 $0
2015 $1,073 $35,500 $0 $0
2014 $1,086 $35,200 $0 $0
2013 -- $36,600 $36,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23021223

Southwestern Michigan Association of REALTORS®

APN: 80-43-040-089-00