NOT LISTED FOR SALE

Estimated Value: $229,000 - $248,564

Studio
-- Bath
-- Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: December 20, 2018

Last sale price $142,900

Est. 68% increase in value since last sale

Current estimated payment $1,578 / mo

9 Days on Market

About This Home

As of December 2018

The Ideal Rental! Situated on a quiet street just off M-60/Spring Arbor Rd. This reliable rental has had consistent tenant occupancy for YEARS! Thinking of becoming a land lord or increasing your already stable Real Estate Portfolio? You NEED to see this Ranch style Duplex! Both units have 2 car garages, laundry in the unit and are intentionally designed to be low maintenance!

Last Agent to Sell the Property

Benjamin Kono

Exit Realty 1st LLC License #6501407864 Listed on: 10/24/2018

Last Buyer's Agent

RICHARD PASCHACK

Howard Hanna Real Estate Services License #6501075351

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 1972

Lot Details

  • 17,424 Sq Ft Lot
  • Wooded Lot

Home Design

  • Vinyl Siding

Parking

  • Shared Driveway
  • Paved Parking

Additional Features

  • Crawl Space
  • Mineral Rights
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for trash collection, water

Community Details

Overview

  • 2 Units
  • Burr Oak Subdivision

Building Details

  • Net Operating Income $28,800

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,166

Year Built

Built in 1972

Lot Details

0.4 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1972
  • Driveway:Driveway: Paved, Shared Paved
  • Mineral Rights:Mineral Rights: Yes
  • Sewer:Sewer: Public Sewer
  • Lot Description:Lot Description: Wooded
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 144900.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront Features: Other
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Dimensions: .40

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Net Operating Income: 28800.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2166.47
  • Tax Year: 2018

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Dec 20, 2018
Sold by
Bought by
Seller's Agent
Benjamin Kono
Exit Realty 1st LLC
Buyer's Agent
RICHARD PASCHACK
Howard Hanna Real Estate Services
Sold Price
$142,900
Current Estimated Value
$240,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,741
Avg. Annual Appreciation
7.14%
Original Mortgage
$107,175
Interest Rate
0.043%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2005
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$142,900 Midstate Title Agency Of Sou
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $107,175
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/20/2018 12/20/18 Sold $142,900 -- --
11/02/2018 11/02/18 Pending -- -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,247 $118,100 $0 $0
2025 $3,247 $105,100 $0 $0
2024 $32 $99,400 $0 $0
2023 $3,523 $91,000 $0 $0
2022 $4,541 $90,900 $0 $0
2021 $4,440 $85,570 $0 $0
2020 $4,384 $78,830 $0 $0
2019 $4,214 $74,900 $0 $0
2018 $2,197 $63,020 $10,380 $52,640
2017 $2,101 $65,120 $0 $0
2016 $1,559 $65,080 $65,080 $0
2015 $36,386 $60,700 $60,700 $0
2014 $36,386 $55,800 $55,800 $0
2013 -- $55,800 $55,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21034923

MichRIC

APN: 160-12-21-102-009-00

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