NOT LISTED FOR SALE

11377 Telegraph Rd Erie, MI 48133

Estimated Value: $305,000 - $329,000

6 Beds
2 Baths
2,736 Sq Ft
$114/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $180,000 $66 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,023/month

59 Days on Market

Highlights

  • Porch
  • 1 Car Attached Garage
  • Patio
  • Mason Middle School Rated A-
  • Walk-In Closet
  • Shed

About This Home

As of May 2019

Buyers!! Build your real estate wealth. Live on one side and lease out the other. Great Investment Opportunity!! Well maintained Duplex located on Telegraph Road, less than a 20 minute commute to Toledo and Monroe. Access to I-75 expressway is within 2 miles. Each unit has 3 bedrooms 1 full and 1/2 bath with a deep 2 car garage. Total gross living area for each unit is 1,368 sq. ft. (per appraisal data) Both units have front and rear porches, natural gas, 40 gallon hot water tank, forced air furnace with central air with a large walk-in closet. Gas and electric are metered separately. New furnace and air conditioner installed 2016. Newer heavy duty well pump. Own and Live in one unit and rent the other unit out. 100% occupied!!

Last Agent to Sell the Property

Tom Bliesner

Milestone Realty License #LCAR-6501389149 Listed on: 01/31/2019

Co-Listed By

Rachell Bliesner

Milestone Realty License #lcar-6501406513

Last Buyer's Agent

Out Of County Sold

Out of County Area License #LCAR-4048

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1995

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 109x195

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Internet Available

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 05-005-007-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,392

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Sub Structure Types: Shed
  • Total Tax Amount: 2391.66
  • Total Tax Year: 2017
  • Year Built: 1995
  • Mail City: Erie
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Walk-In Closet
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Water Softener - Owned
  • Bedrooms: 6
  • Bathroom Description: First Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Dining Kitchen: Eat-In Kitchen
  • Sub Room Description: Family Room, First Floor Laundry
  • Half Bathrooms: 2
  • Source of Sq Ft: Appraisal
  • Estimated Sq Ft: 2736

Exterior Features

  • Construction: Brick, Vinyl Siding
  • Exterior Features: Patio, Porch
  • Frontage: 109
  • Foundation Type: Crawl
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Attached Garage, Electric In Garage
  • Garage Spaces: 1
  • Parking: 3 Or More Spaces, Garage

Utilities

  • Water: Private Well
  • Water Heater: Gas
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Septic

Lot Info

  • Assessor Parcel Number: 05-005-007-00
  • Location: Main Street
  • Lot Dimensions: 109x195
  • Acreage: 0.46
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Month-To-Month, Renegotiable, Security Deposit

Tax Info

  • Summer Tax: Year: 2017, Amount: $751.71
  • Winter Tax: Year: 2017, Amount: $1,639.95
  • Taxable Value: 70393
  • Total Tax: Year: 2017, Amount: $2,391.66
  • SEV Year: 2017

Multi Family

  • Total Units: 6

MLS Schools

  • School District: Mason Consolidated School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
Jun 5, 2019
Sold by
Keck Henry G and Keck Charlotte
Bought by
Khan Nadeem
Seller's Agent
Tom Bliesner
Milestone Realty
Buyer's Agent
Out Of County Sold
Out of County Area
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%
Current Estimated Value
$312,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,478
Avg. Annual Appreciation
7.60%
Original Mortgage
$176,739
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 31, 2019
Closed on
May 10, 2019
Sold by
Keck Henry G and Keck Charlotte
Bought by
Khan Nadeem
Seller's Agent
Tom Bliesner
Milestone Realty
Buyer's Agent
Out Of County Sold
Out of County Area
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 31, 2019
Closed on
May 9, 2019
Sold by
Keck Henry G and Keck Charlotte
Bought by
Khan Nadeem
Seller's Agent
Tom Bliesner
Milestone Realty
Buyer's Agent
Out Of County Sold
Out of County Area
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2011
Sold by
Monroe Bank And Trust
Bought by
Keck Henry G and Keck Charlotte K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2010
Sold by
Lambert Joe
Bought by
Monroe Bank And Trust
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
Khan Nadeem $180,000 Barristers Settlement & Title
Khan Nadeem $180,000 Barristers Settlement & Title
Khan Nadeem $180,000 None Available
Keck Henry G $77,000 --
Monroe Bank And Trust $150,699 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Nadeem $38,400
Open Khan Nadeem $173,762
Closed Khan Nadeem $176,739
Closed Khan Nadeem $176,739
Previous Owner Keck Henry G $89,250
Previous Owner Keck Henry G $255,666
Previous Owner Keck Henry G $100,000
Previous Owner Lochner David J $191,334
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $180,000 -10.0% $66 / Sq Ft
01/31/2019 01/31/19 For Sale $199,900 -- $73 / 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 $3,854 $132,993 $0 $0
2024 $1,208 $132,993 $0 $0
2023 $1,151 $100,503 $0 $0
2022 $1,096 $100,503 $0 $0
2021 $3,541 $111,900 $0 $0
2020 $3,498 $99,700 $0 $0
2019 $2,656 $99,700 $0 $0
2018 $3,075 $105,800 $0 $0
2017 $2,392 $105,800 $0 $0
2016 $2,366 $100,000 $0 $0
2015 $2,306 $70,200 $0 $0
2014 $2,275 $70,200 $0 $0
2013 -- $66,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31370016

Michigan Multiple Listing Service

APN: 05-005-007-00