NOT LISTED FOR SALE

112 Mill St Colon, MI 49040

Estimated Value: $116,000 - $161,579

-- Bed
2 Baths
1,383 Sq Ft
$105/Sq Ft Est. Value

Last Sold February 02, 2022

Last sale price $87,000 $63 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $891/month

181 Days on Market

About This Home

As of February 2022

Investment opportunity in the Magic Capital!! 2 unit, 2 bed 1 bath on the main and 1 bed 1 bath upstairs. New roof in the last 5 years. Main level is occupied.

Last Listed By

Mary Rosenberry

Berkshire Hathaway HomeServices Michigan Real Estate License #6501322201 Listed on: 01/03/2022

Berkshire Hathaway HomeServices Michigan Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 1900

Lot Details

  • 2,178

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 2,178 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,352

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 95000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2178.0
  • Zoning Description: residentail
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1352.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Feb 2, 2022
Sold by
Stoll Todd R and Stoll Kathleen M
Bought by
Finrick Llc
Seller's Agent
Mary Rosenberry
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Karissa Finnerman Rarick
Five Star Real Estate
Sold Price
$87,000
Total Days on Market
181
Current Estimated Value
$145,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,145
Avg. Annual Appreciation
17.06%
Original Mortgage
$65,250
Outstanding Balance
$61,097
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$84,048

Purchase Details

Closed on
Sep 17, 2015
Sold by
Watson Linda Salvesen
Bought by
Stoll Todd R and Stoll Kathleen M

Purchase Details

Closed on
Dec 17, 2012
Sold by
Watson Lawrence B and Watson Linda Salvesen
Bought by
Revocable Trust Agreement Of Lawrence B

Purchase Details

Closed on
Sep 27, 2010
Sold by
Cook Joseph Todd and Cook Tracie S
Bought by
Watson Lawrence B and Salvesen Watson Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
4.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 1995

Purchase Details

Closed on
Jan 1, 1901

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
Finrick Llc $87,000 Title Resource Agency
Stoll Todd R $41,500 Patrick Abstract
Revocable Trust Agreement Of Lawrence B -- None Available
Watson Lawrence B $36,200 Lighthouse Title Inc
Cook Joseph Todd $45,000 Lighthouse Title Inc
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finrick Llc $65,250
Previous Owner Cook Joseph Todd $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2022 02/02/22 Sold $87,000 -8.4% $63 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
08/02/2021 08/02/21 For Sale -- -- --
07/26/2021 07/26/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $95,000 -- $69 / 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
2024 $1,032 $43,400 $1,300 $42,100
2023 $1,852 $40,000 $1,300 $38,700
2022 $0 $30,400 $1,300 $29,100
2021 $0 $28,400 $1,300 $27,100
2020 $304 $30,200 $900 $29,300
2019 $233 $24,700 $900 $23,800
2018 $1,222 $21,500 $900 $20,600
2017 $1,244 $22,100 $22,100 $0
2016 -- $21,700 $21,700 $0
2015 -- $20,900 $0 $0
2014 -- $21,500 $21,500 $0
2012 -- $16,900 $16,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Rosenberry

    Seller's Agent in 2022

    Mary Rosenberry

    Berkshire Hathaway HomeServices Michigan Real Estate

    (269) 503-0714

    200 Total Sales

    Mary Rosenberry
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21025749

Southwestern Michigan Association of REALTORS®

APN: 041-180-040-00

Michigan St. Joseph County Colon 49040

112 Mill St, Colon, MI

Homes for Sale in Colon, MI

This home is located at 112 Mill St, Colon, MI 49040 since 03 January 2022 and is currently estimated at $145,145, approximately $104 per square foot. This property was built in 1900. 112 Mill St is a home located in St. Joseph County.

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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