NOT LISTED FOR SALE

Estimated Value: $144,000 - $194,000

4 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold December 14, 2020

Last sale price $84,500

Est. 107% increase in value since last sale

Current estimated payment $1,193/month

6 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 5-minute walk to Bloomfield Park
  • Sharp Park Academy Rated A-

About This Home

As of December 2020

Large 2 bedroom lower unit close to schools, shopping and parks. 1300 sf Off street parking with a full basement and washer/drier hookups. Water, sewage, trash and snow removal included. We are looking for someone that has no evictions in the last 3 years.

Last Agent to Sell the Property

John O'Dowd

JOD REAL ESTATE GROUP License #6506048727 Listed on: 11/16/2020

Last Buyer's Agent

John O'Dowd

C-21 Affiliated - Jackson License #6506048727

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 47x132

Home Design

  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Community Details

Overview

  • 2 Units
  • Shoemaker Add Subdivision

Building Details

  • Operating Expense $820
  • Gross Income $820
  • Net Operating Income $33,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,014

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 47x132
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 2014.34
  • Waterfront Options:Water Access YN: No Water Selection
  • General Property Info:Total _pound_ Units: 2
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Location Property Info:Subdivision2: Shoemaker ADD
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 90000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No
  • Exterior Material:Wood Siding: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public, Other

Association/Amenities

  • Association Info:Assoc Fee Payable: None

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 47x132
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Gross Income: 820.0
  • Net Operating Income: 33980.0
  • Number of Units Total: 2
  • Operating Expense: 820.0

Tax Info

  • Tax Annual Amount: 2014.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Dec 14, 2020
Sold by
Odowd John and Holda Scott M
Bought by
Velker Brian
Seller's Agent
John O'Dowd
JOD REAL ESTATE GROUP
Buyer's Agent
John O'Dowd
C-21 Affiliated - Jackson
Sold Price
$84,500
Current Estimated Value
$174,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,406
Avg. Annual Appreciation
15.46%

Purchase Details

Closed on
Sep 30, 2019
Sold by
Stevens Adrianne
Bought by
Dowd John O

Purchase Details

Closed on
Oct 31, 2001
Sold by
Whitehead Robert S and Whitehead Barbara
Bought by
Odowd John and Odowd Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
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
Velker Brian $84,500 None Available
Dowd John O -- None Available
Odowd John $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Odowd John $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2021 07/21/21 Rented -- -- --
12/14/2020 12/14/20 Sold $84,500 -- --
11/22/2020 11/22/20 Pending -- -- --
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 $3,358 $66,500 $0 $0
2024 $2,905 $59,700 $0 $0
2023 $2,787 $46,600 $0 $0
2022 $3,097 $46,900 $0 $0
2021 $3,064 $43,350 $0 $0
2020 $2,101 $45,200 $0 $0
2019 $1,793 $25,550 $0 $0
2018 $1,306 $25,250 $0 $0
2017 $1,197 $23,000 $0 $0
2016 $1,032 $23,000 $23,000 $0
2015 $1,126 $25,550 $25,550 $0
2014 $1,126 $18,150 $18,150 $0
2013 -- $18,150 $18,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21034533

MichRIC

APN: 3-064400000