NOT LISTED FOR SALE

109 S Division St Tecumseh, MI 49286

Estimated Value: $312,412

2 Beds
1 Bath
2,400 Sq Ft
$130/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $190,000 $79 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,170/month

68 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-Story Property
  • Fenced Yard
  • Heating System Uses Natural Gas
  • 3-minute walk to Indian Crossing Trails Park

About This Home

As of March 2018

ATTENTION INVESTORS! RENOVATED QUAD INCOME PROPERTY located in the heart of downtown Tecumseh! Solid all brick ranch features four, 2 bedroom, 1 full bath 600 sq. ft. units, each with a private full basement providing ample storage and potential additional living space. Each unit has been remodeled - new kitchen cabinets & counter tops, new full bath, all new flooring and fresh paint. There is private parking in the rear, 2 spaces per unit. Each unit has private access; front door & rear door. Private laundry in the basement of each unit; tenant to provide washer & dryer. Walk to the hospital and all that downtown Tecumseh has to offer! Close proximity to Ann Arbor and US-23. Current rent $600/mo per unit, but negotiable with new leases. Great investment, solid ranch with curb appeal and p prime location. Don't miss this rare investment opportunity!

Last Agent to Sell the Property

Elke VanDyke

The Charles Reinhart Company License #6506048128 Listed on: 12/29/2017

Last Buyer's Agent

Maura Rains

The Charles Reinhart Company License #6501299830

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • Fenced Yard
  • Property is zoned COMM, COMM

Parking

  • Additional Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1964
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2400.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 4873.0
  • Tax Info:Zoning3: COMM
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Laminate Floor: Yes
  • General Property Info:SqFt Above Grade: 2400.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Vinyl Floor: Yes
  • Laundry Features Lower Level: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Interior Amenities: Laminate Floor
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 2400.0
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Fenced Back
  • List Price: 229000.0
  • Lot Features: Sidewalk
  • Exterior Features:Fenced Back: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No
  • Garage:Additional Parking: Yes

Utilities

  • Heating: Natural Gas
  • Heating: Yes
  • Laundry Features: Lower Level
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning Description: COMM
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4873.0
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Kampen William V
Bought by
Mi Assets Llc
Current Estimated Value
$312,412

Purchase Details

Listed on
Dec 29, 2017
Closed on
Mar 13, 2018
Sold by
Dnw Property Investments
Bought by
Vankampen William
Seller's Agent
Elke VanDyke
The Charles Reinhart Company
Buyer's Agent
Maura Rains
The Charles Reinhart Company
List Price
$229,000
Sold Price
$190,000
Premium/Discount to List
-$39,000
-17.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
Jan 26, 2008
Sold by
White Gregory D and White Sarah J
Bought by
Dnw Property Investments Llc

Purchase Details

Closed on
Aug 2, 2007
Sold by
The Estate Of Nathel A Panicacci and Panicacci Mary A
Bought by
White Gregory D and White Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
6.69%
Mortgage Type
Stand Alone Second
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
Mi Assets Llc -- None Available
Vankampen William $190,000 --
Dnw Property Investments Llc -- None Available
White Gregory D $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Gregory D $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $190,000 -17.0% $79 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
12/29/2017 12/29/17 For Sale $229,000 -- $95 / Sq Ft
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
2025 $6,171 $105,700 $0 $0
2024 $5,523 $107,900 $0 $0
2023 $6,065 $104,600 $0 $0
2022 $5,816 $100,800 $0 $0
2021 $6,001 $97,700 $0 $0
2020 $5,938 $94,300 $0 $0
2019 $6,140 $97,400 $28,400 $69,000
2017 $4,882 $87,500 $18,400 $69,100
2016 $4,873 $85,200 $17,600 $67,600
2014 $4,764 $76,200 $14,600 $61,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23123302

Southwestern Michigan Association of REALTORS®

APN: XT0-305-2342-00