NOT LISTED FOR SALE

111 S Clay St Sturgis, MI 49091

Estimated Value: $164,000 - $178,000

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold June 11, 2024

Last sale price $166,500

Est. 3% increase in value since last sale

Current estimated payment $1,163/month

17 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Wood Siding
  • Corner Lot: Yes
  • High Speed Internet

About This Home

As of June 2024

This is a wonderful investment opportunity for a 2-unit. Both units are occupied, tenants pay gas & electric & have separate utilities. You could live in one and rent out the other to make your mortgage payment! Or the home could easily be converted back into a very spacious single-family residence. Great investment property. Current on rental compliance inspection-good for 1 year. Both units are move in ready. Main floor unit is 2-3 Bedrooms (one is used as an office-no closet) and 2 full baths. The upper unit is nicely remodeled & updated with 2 spacious bedrooms/1 bath. Each unit has a separate laundry area. Inviting wrap-around porch with space for each unit to enjoy. 2 sheds offer storage space for each unit. 6 car parking lot. Freshly painted exterior.

Last Agent to Sell the Property

Stacy Schwenk

RE/MAX Elite Group License #6501331476 Listed on: 04/19/2024

RE/MAX Elite Group

Last Buyer's Agent

Brynn Bird

Michigan Top Producers License #6501448985

Michigan Top Producers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,962

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Laundry on main level

Basement

  • Michigan Basement
  • Partial Basement
  • Laundry in Basement

Parking

  • 6 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,962

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2962.0
  • Tax Info:Zoning3: 401
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Substructure:Michigan Basement: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features In Basement: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Broadband
  • Fireplaces: 1
  • Basement: Michigan Basement, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 189900.0
  • Lot Features: Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement, Main Level
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: 401
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Electric, Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2962.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 10, 2024
Sold by
Lucas Christopher S and Lucas Karen M
Bought by
Gilleylen Andrew Ray
Seller's Agent
Stacy Schwenk
RE/MAX Elite Group
Buyer's Agent
Brynn Bird
Michigan Top Producers
List Price
$189,900
Sold Price
$166,500
Premium/Discount to List
-$23,400
-12.32%
Views
20
Current Estimated Value
$170,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,167
Avg. Annual Appreciation
1.89%
Original Mortgage
$158,175
Outstanding Balance
$156,233
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$14,434

Purchase Details

Closed on
Sep 23, 2020
Sold by
Smith Jared M and Smith Elizabeth J
Bought by
Lucas Christopher S and Lucas Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2011
Sold by
Sturgis Neighborhood Program
Bought by
Smith Jared M and Smith Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,800
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1901
Source: Public Records

Range of Values:

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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
Gilleylen Andrew Ray $166,500 Patrick Abstract & Title
Lucas Christopher S $85,000 Oak Title Services Llc
Smith Jared M $46,000 Patrick Abstract
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilleylen Andrew Ray $158,175
Previous Owner Lucas Christopher S $63,750
Previous Owner Smith Jared M $36,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2024 06/11/24 Sold $166,500 -12.3% --
05/06/2024 05/06/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $189,900 -- --
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 $3,051 $75,100 $4,600 $70,500
2024 $2,664 $69,400 $4,600 $64,800
2023 $2,571 $58,800 $4,600 $54,200
2022 $2,393 $49,900 $4,200 $45,700
2021 $2,693 $42,800 $4,100 $38,700
2020 $2,334 $39,700 $3,200 $36,500
2019 $2,291 $36,400 $3,800 $32,600
2018 $2,128 $37,900 $4,200 $33,700
2017 $2,083 $37,200 $37,200 $0
2016 -- $34,400 $34,400 $0
2015 -- $35,600 $0 $0
2014 -- $46,700 $46,700 $0
2012 -- $45,400 $45,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Stacy Schwenk

    Seller's Agent in 2024

    Stacy Schwenk

    RE/MAX Michigan

    (269) 503-0204

    145 Total Sales

    Stacy Schwenk
    Section Image

  • B

    Buyer's Agent in 2024

    Brynn Bird

    Michigan Top Producers

    (269) 689-5594

    65 Total Sales

    Brynn Bird
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24018793

Southwestern Michigan Association of REALTORS®

APN: 052-040-361-00

Michigan St. Joseph County Sturgis 49091

111 S Clay St, Sturgis, MI

This home is located at 111 S Clay St, Sturgis, MI 49091 since 19 April 2024 and is currently estimated at $170,667. This property was built in 1900. 111 S Clay St is a home located in St. Joseph County with nearby schools including Sturgis High School and Trinity Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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