NOT LISTED FOR SALE

Estimated Value: $248,000 - $286,000

3 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $241,500

Est. 12% increase in value since last sale

Current estimated payment $1,974/month

8 Days on Market

Highlights

  • 0.15 Acre Lot
  • Forced Air Heating System
  • Wood Siding
  • 1 Fireplace

About This Home

As of February 2024

Looking to add a quality duplex to your portfolio this year? Here is 113 Perrin for you! Just steps away from Eastern Michigan University and all that downtown Ypsi and Depot Town have to offer, this classic college-town duplex is ready for a new owner. Bonus: the entire place is fully rented with 2 paying tenants. To minimize disruption to them, showings will be held on Wed/Friday 12-2pm and Saturdays 12 -4pm. Owner pays DTE and water. Hot water tanks are only 2-3 years old. Owner pays DTE and water. Lower Unit #1 is 2 bedrooms/1 bath and pays $1240 per month. Upper Unit #2 is 1 bedroom/1 bath and pays $850 per month. Also for sale is 910 Maplewood (triplex in Ypsilanti Township).

Last Agent to Sell the Property

Keri Middaugh

Real Estate One Inc License #6501408394 Listed on: 01/05/2024

Real Estate One Inc

Last Buyer's Agent

Diane Ratkovich

Howard Hanna Real Estate License #6501299293

Howard Hanna Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1884

Lot Details

  • 6,534

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Basement

  • Michigan Basement
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • 1 Fireplace
  • 6,534 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for trash collection, electricity, water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1884
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 51' by 131'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 6345.0
  • Tax Info:Zoning3: CN
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Michigan Basement: Yes
  • Laundry Features In Basement: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 230000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Utilities: Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 51' by 131'
  • Lot Size Sq Ft: 6534.0
  • Zoning Description: CN
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 6345.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Feb 29, 2024
Sold by
Dougher Phillip J
Bought by
Mccarty Ryan
Seller's Agent
Keri Middaugh
Real Estate One Inc
Buyer's Agent
Diane Ratkovich
Howard Hanna Real Estate
List Price
$230,000
Sold Price
$241,500
Premium/Discount to List
$11,500
5%
Views
33
Current Estimated Value
$269,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,043
Avg. Annual Appreciation
7.39%
Original Mortgage
$181,125
Outstanding Balance
$178,112
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$91,431

Purchase Details

Listed on
Jun 23, 2017
Closed on
Aug 7, 2017
Sold by
Hesse Christopher and Hesse Kristen
Bought by
Dougher Philip J
Seller's Agent
Tyler Weston
Real Estate One Inc
Buyer's Agent
Tyler Weston
Real Estate One Inc
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$149,900
Interest Rate
4.03%
Mortgage Type
VA

Purchase Details

Closed on
Sep 12, 2003
Sold by
Mcguire Robert J and Mcguire Amy E
Bought by
Hesse Christopher and Hesse Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 22, 1999
Sold by
Guberinich Dejan
Bought by
Mcguire Robert J
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
Mccarty Ryan $241,500 Capital Title
Mccarty Ryan $241,500 Capital Title
Mccarty Ryan $241,500 Capital Title
Dougher Philip J $149,900 None Available
Hesse Christopher $180,000 --
Mcguire Robert J $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarty Ryan C $181,125
Closed Mccarty Ryan $181,125
Previous Owner Dougher Philip J $149,900
Previous Owner Hesse Christopher $142,272
Previous Owner Hesse Christopher $150,000
Previous Owner Hesse Christopher J $162,000
Previous Owner Hesse Christopher $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $241,500 +5.0% --
01/14/2024 01/14/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $230,000 +53.4% --
08/07/2017 08/07/17 Sold $149,900 0.0% $100 / Sq Ft
08/06/2017 08/06/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $149,900 -- $100 / 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
2025 $6,451 $109,400 $0 $0
2024 $6,451 $103,400 $0 $0
2023 $6,082 $100,000 $0 $0
2022 $6,283 $85,200 $0 $0
2021 $6,172 $81,900 $0 $0
2020 $6,310 $79,900 $0 $0
2019 $4,834 $75,400 $75,400 $0
2018 $4,460 $67,500 $0 $0
2017 $4,299 $64,800 $0 $0
2016 $4,352 $50,317 $0 $0
2015 -- $50,167 $0 $0
2014 -- $48,600 $0 $0
2013 -- $48,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24000044

Southwestern Michigan Association of REALTORS®

APN: 11-40-430-048