NOT LISTED FOR SALE

1118 Lapeer Ave Port Huron, MI 48060

Estimated Value: $164,000 - $225,835

12 Beds
4 Baths
4,300 Sq Ft
$43/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $275,000 $64 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $1,349/month

16 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Ceiling Fan
  • Shed

About This Home

As of April 2022

Attention investors, here is your chance to buy 2 duplexes that was built as a duplex. Both units are 3 bed and 1 bath and come with a shed for each unit. Newer build units with great tenants. All utilities are in the tenants name. Newer tiled bathrooms, new paint, carpet, ect. City certified rental with Up to date rental cert. Start making money from day one! This sale includes 2 Parcels 74-06-743-1323-000 & 74-06-743-1324-000.

Last Agent to Sell the Property

Mark Ellis

Real Estate One Port Huron License #MISPE-6506047652 Listed on: 04/04/2022

Last Buyer's Agent

Mark Ellis

Real Estate One Port Huron License #MISPE-6506047652 Listed on: 04/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 102 x 389

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 4 Units
  • White Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74-06-743-1323-000 & 1324-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,593

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Sub Structure Types: Shed
  • Total Tax Amount: 4593.48
  • Year Built: 2003
  • Mail City: Port Huron
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement Type: Block
  • Bedrooms: 12
  • Bathroom Description: First Flr Bath Lav/Half
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Dining Kitchen: Formal Dining Room
  • Source of Sq Ft: Estimated
  • Estimated Sq Ft: 4300

Exterior Features

  • Construction: Vinyl Siding
  • Foundation Type: Crawl
  • Roads: Paved Street

Garage/Parking

  • Parking: 2 Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Ceiling Fan(s)
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 74-06-743-1323-000 & 1324-000
  • Lot Dimensions: 102 x 389
  • Acreage: 0.22
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Snow Removal, Taxes

Tax Info

  • Summer Tax: Year: 2021, Amount: $4,328.21
  • Winter Tax: Year: 2021, Amount: $265.27
  • Total Tax: Amount: $4,593.48

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Port Huron Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Apr 28, 2022
Sold by
Element Assets Llc
Bought by
Carlson Steven
Seller's Agent
Mark Ellis
Real Estate One Port Huron
Buyer's Agent
Mark Ellis
Real Estate One Port Huron
List Price
$259,000
Sold Price
$275,000
Premium/Discount to List
$16,000
6.18%
Current Estimated Value
$185,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,664
Avg. Annual Appreciation
-10.85%
Original Mortgage
$103,125
Outstanding Balance
$97,977
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$88,982

Purchase Details

Closed on
Aug 13, 2015
Sold by
Myers Ward and Myers Kim
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 17, 2008
Sold by
Us Bank National Association
Bought by
Myers Ward and Myers Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2007
Sold by
Sabb George and Sabb Mary Kay
Bought by
Wachovia Bank Na
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
Carlson Steven $137,500 Liberty Title
Federal Home Loan Mortgage Corporation $9,172 Attorney
Myers Ward $50,000 Attorneys Title Agency Llc
Wachovia Bank Na $142,980 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Steven $103,125
Previous Owner Element Assests Llc $67,500
Previous Owner Myers Ward $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $275,000 +6.2% $64 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $259,000 -- $60 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,160 $80,500 $0 $0
2024 $4,160 $76,000 $0 $0
2023 $3,940 $67,900 $0 $0
2022 $2,527 $56,100 $0 $0
2021 $2,413 $54,700 $0 $0
2020 $2,422 $47,900 $47,900 $0
2019 $2,378 $35,700 $0 $0
2018 $2,325 $35,700 $0 $0
2017 $2,133 $46,000 $0 $0
2016 $2,398 $46,000 $0 $0
2015 $2,353 $45,000 $45,000 $0
2014 $2,353 $43,700 $43,700 $0
2013 -- $44,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50069806

Michigan Multiple Listing Service

APN: 06-743-1323-000