NOT LISTED FOR SALE

Estimated Value: $426,000 - $576,000

3 Beds
5 Baths
1,425 Sq Ft
$359/Sq Ft Est. Value

Last Sold July 05, 2012

Last sale price $160,000 $112 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $3,389/month

60 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 1-minute walk to Wheeler Park
  • Bach Elementary School Rated A

About This Home

As of July 2012

This is a Fannie Mae HomePath property. This property is approved for HomePath. Wonderful opportunity for rental income producing property. Occupy 1 unit & rent the other. Neat & clean w/appliances. Main floor unit has hardwood flrs, spacious living rm for entertaining & formal dining rm. Separate entrances for each unit. Mortgage/HomePath Renovation Mortgage Financing. Click HomePath.com for special Offers for more details or ask me.

Last Agent to Sell the Property

Renee Przysiecki

Lady of the Lakes Real Estate, Inc. License #6501259154 Listed on: 04/20/2012

Co-Listed By

Sylvie Bulmer

Lady of the Lakes Real Estate, Inc. License #6501335154

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 55x66

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,425 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Ormsby & Pages Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090920411004

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1425
  • Total Sq Ft: 1425

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Wood
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ann Arbor

Lot Info

  • List Price per Acre: 1937500.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 55X66
  • Parcel Number: 090920411004
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 4607.0000
  • Tax Amount Winter: 837.0000
  • Total Tax: 5444.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2017
Sold by
Lopata Karl W
Bought by
Lopata Kristoph C
Current Estimated Value
$511,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Outstanding Balance
$77,993
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$437,639

Purchase Details

Closed on
Jul 25, 2016
Sold by
Lopata Karl
Bought by
Lopata Kristoph C and Lopata Karl

Purchase Details

Listed on
Apr 20, 2012
Closed on
Jul 5, 2012
Sold by
Fannie Mae
Bought by
Lopata Karl
Seller's Agent
Renee Przysiecki
Lady of the Lakes Real Estate, Inc.
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$155,000
Sold Price
$160,000
Premium/Discount to List
$5,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$128,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2011
Sold by
Wells Fargo Bank Na
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Oct 6, 2011
Sold by
Kuzmanovic Deborah A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 13, 2006
Sold by
Volk Michael L
Bought by
Kuzmanovic Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 8, 2005
Sold by
Bednarz Volk Agata A
Bought by
Volk Michael L

Purchase Details

Closed on
Mar 19, 2004
Sold by
Cattell Steven M and Dettling John C
Bought by
Volk Michael L and Bednarz Volk Agata A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,600
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 15, 2003
Sold by
Cdh Management Llc
Bought by
Cattell Steven M and Dettling John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,800
Interest Rate
5.3%
Mortgage Type
Unknown
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
Lopata Kristoph C $80,000 None Available
Lopata Kristoph C -- None Available
Lopata Karl $160,000 None Available
Fannie Mae -- None Available
Wells Fargo Bank Na $210,471 None Available
Kuzmanovic Deborah A $265,000 Central Title & Metropolitan
Volk Michael L -- Main Street Title
Volk Michael L $239,500 --
Cattell Steven M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopata Kristoph C $114,000
Previous Owner Lopata Karl $128,000
Previous Owner Kuzmanovic Deborah A $265,000
Previous Owner Volk Michael L $191,600
Previous Owner Cattell Steven M $133,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2012 07/05/12 Sold $160,000 +3.2% $112 / Sq Ft
06/19/2012 06/19/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $155,000 -- $109 / Sq Ft
Source: Realcomp

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 $7,472 $194,700 $0 $0
2024 $6,678 $168,100 $0 $0
2023 $6,161 $146,600 $0 $0
2022 $7,002 $153,500 $0 $0
2021 $6,823 $152,800 $0 $0
2020 $6,654 $146,700 $0 $0
2019 $6,338 $145,600 $145,600 $0
2018 $6,236 $138,800 $0 $0
2017 $6,046 $130,700 $0 $0
2016 $5,330 $110,471 $0 $0
2015 $6,555 $110,141 $0 $0
2014 $6,555 $106,700 $0 $0
2013 -- $106,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212039863

Realcomp

APN: 09-20-411-004