NOT LISTED FOR SALE

110 Horatio St Lowell, MI 49331

Estimated Value: $255,000 - $293,000

4 Beds
2 Baths
-- Sq Ft
0.31 Acres

Last Sold May 02, 2012

Last sale price $45,000

Est. 522% increase in value since last sale

Current estimated payment $1,941/month

148 Days on Market

Highlights

  • Corner Lot: Yes
  • Forced Air Heating System
  • 6 Car Garage
  • Cherry Creek Elementary School Rated A-

About This Home

As of May 2012

Must See Inside This 2 Unit Investment Property. Nicely Remodeled Including Newer Roof (Even New Roof Trusses On N. Side.) Siding, Polar Seal Windows, 2 Newer High Eff. Furnaces, 1 Newer Hot Water Heater, Newer Appliances (Stove And Refrigerator Each Side), Sidewalk, Flooring, Kitchen In 112. Lots Of Newer Drywall. All Separate Utilities Including Gas, Electric And Water And Sewer. Large Lot With Frontage On 3 Roads. 1 1/2 Stall Garage. 110 is a 2 bedroom and 112 is a 1 bedrooms.

Last Agent to Sell the Property

Donald Reedy

Reedy Realty LLC License #6502114876 Listed on: 10/03/2011

Last Buyer's Agent

Donald Reedy

Reedy Realty LLC License #6502114876 Listed on: 10/03/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 66x2058x67x190
  • Corner Lot: Yes

Parking

  • 6 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66X2058X67X190
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1900.0
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: 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
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 64900.0
  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Dimensions: 66X2058X67X190
  • Lot Size Sq Ft: 13530.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1900.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2023
Sold by
Horatio Street Llc
Bought by
Peoples Elbow Llc
Current Estimated Value
$279,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Outstanding Balance
$225,792
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$53,886

Purchase Details

Closed on
Mar 14, 2017
Sold by
Blain Ronald K and Blain Maria E
Bought by
Blain Maria E

Purchase Details

Listed on
Oct 3, 2011
Closed on
May 2, 2012
Sold by
Dodd Michael Eugene
Bought by
Blain Ronald K and Blain Maria E
Seller's Agent
Donald Reedy
Reedy Realty LLC
Buyer's Agent
Donald Reedy
Reedy Realty LLC
List Price
$69,900
Sold Price
$45,000
Premium/Discount to List
-$24,900
-35.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.29%

Purchase Details

Closed on
Jul 29, 2003
Sold by
Fitzgerald Steve
Bought by
Dodd Michael Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1986
Bought by
Fitzgerald S and Blain Ronald K
Source: Public Records
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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
Peoples Elbow Llc -- None Listed On Document
Blain Maria E -- None Available
Blain Ronald K $45,000 Chicago Title
Dodd Michael Eugene $15,000 Michigan Bankers Title
Fitzgerald S $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peoples Elbow Llc $232,000
Previous Owner Dodd Michael Eugene $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2012 05/02/12 Sold $45,000 -35.6% --
02/28/2012 02/28/12 Pending -- -- --
10/03/2011 10/03/11 For Sale $69,900 -- --
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 $5,739 $146,900 $0 $0
2024 $57 $123,300 $0 $0
2023 $2,639 $85,600 $0 $0
2022 $2,740 $69,200 $0 $0
2021 $2,462 $64,300 $0 $0
2020 $1,813 $57,200 $0 $0
2019 $2,413 $52,500 $0 $0
2018 $2,569 $48,200 $0 $0
2017 $2,307 $49,800 $0 $0
2016 $2,257 $48,700 $0 $0
2015 -- $48,700 $0 $0
2013 -- $34,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 11053782

MichRIC

APN: 41-20-01-301-008