NOT LISTED FOR SALE

109 E Pine St Albion, MI 49224

Estimated Value: $101,000 - $145,000

4 Beds
2 Baths
-- Sq Ft
9,017 Sq Ft Lot

Last Sold December 17, 2019

Last sale price $67,500

Est. 94% increase in value since last sale

Current estimated payment $816/month

59 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Wood Siding
  • Window Unit Cooling System

About This Home

As of December 2019

AFFORDABLE DUPLEX! This 2 unit home featuring 2 bedrooms apiece is rent-ready! Proven history as a moneymaking rental, this home will be an excellent addition to any investor's portfolio. Both units have terrific square footage! Be sure not to miss it!

Last Agent to Sell the Property

Max Brundage

Real Estate One Rosemary Davis License #6501389748 Listed on: 09/03/2019

Real Estate One Rosemary Davis

Last Buyer's Agent

Sheri Rule

Key Realty License #6501390417

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,145

Year Built

  • Built in 1899

Lot Details

  • 9,017 Sq Ft Lot
  • Lot Dimensions are 60 x 150

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,145

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1899
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60 x 150
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1144.82
  • Tax Info:Zoning3: R2A
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced 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:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement, Full

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 64900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 60 x 150
  • Lot Size Sq Ft: 9017.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1144.82
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Sleight Travis
Bought by
Blue Brothers Realty Holdings Llc
Current Estimated Value
$131,245

Purchase Details

Listed on
Sep 3, 2019
Closed on
Dec 17, 2019
Sold by
Spectrum Investment Properties Llc
Bought by
Sleight Travis
Seller's Agent
Max Brundage
Real Estate One Rosemary Davis
Buyer's Agent
Sheri Rule
Key Realty
List Price
$64,900
Sold Price
$67,500
Premium/Discount to List
$2,600
4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%
Original Mortgage
$57,375
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2015
Sold by
Johnson Gerald and Johnson Tina
Bought by
Spectrum Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,621
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2012
Sold by
Spectrum Investment Properties Llc
Bought by
Johnson Gerald and Johnson Tina

Purchase Details

Closed on
Oct 24, 2008
Sold by
Johnson Gerald R and Yost Tina
Bought by
Spectrum Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2008
Sold by
Hull Russell and Hull Shirley
Bought by
Johnson Gerald R and Yost Tine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2006
Sold by
Homestead Savings Bank
Bought by
Hull Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 10, 2001
Sold by
Owens Tammye
Bought by
Owens Michael D
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
Blue Brothers Realty Holdings Llc -- Nations Title
Sleight Travis $67,500 Parks Title
Spectrum Investment Properties Llc -- None Available
Johnson Gerald -- None Available
Spectrum Investment Properties Llc -- Calhoun Title & Escrow Agenc
Johnson Gerald R $32,000 None Available
Hull Russell $13,000 None Available
Owens Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sleight Travis $57,375
Previous Owner Spectrum Investment Properties Llc $200,621
Previous Owner Spectrum Investment Properties Llc $71,250
Previous Owner Johnson Gerald R $30,400
Previous Owner Hull Russell $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2019 12/17/19 Sold $67,500 +4.0% --
11/01/2019 11/01/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $64,900 -- --
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 $1,555 $54,000 $0 $0
2024 $761 $50,000 $0 $0
2023 $1,148 $39,600 $0 $0
2022 $690 $34,500 $0 $0
2021 $1,113 $26,000 $0 $0
2020 $1,114 $19,900 $0 $0
2019 $1,134 $20,500 $0 $0
2018 $1,134 $18,300 $6,300 $12,000
2017 $0 $17,500 $0 $0
2016 $0 $16,800 $0 $0
2015 -- $24,000 $0 $0
2014 -- $26,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Max Brundage

    Real Estate One Rosemary Davis

    (269) 967-9816

    13 in this area

    73 Total Sales

    Max Brundage
    Section Image

  • S

    Buyer's Agent in 2019

    Sheri Rule

    Key Realty

    (616) 406-6473

    12 Total Sales

    Sheri Rule
    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 19042726

MichRIC

APN: 51-000-024-00

Michigan Calhoun County Albion 49224

109 E Pine St, Albion, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
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