NOT LISTED FOR SALE

114 S Main St Bancroft, MI 48414

Estimated Value: $140,852

2 Beds
4 Baths
2,088 Sq Ft
$67/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $140,000 $67 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $889/month

149 Days on Market

About This Home

As of June 2024

Unit one is a restaurant that is currently leased. Many updates in the last 6 years. It is being sold with a restaurant stove and fresh air exchange system. The cafe has kitchen and dining room space. It has two restrooms and has access and use to the basement. Unit 2 is a 2 bedroom upstairs apartment. large kitchen and living room. New central air in 2019. Many updates. This apartment is rented on a month to month rental agreement. Unit 3 or Building #110 is a stand alone building. It has a new roof and the front of the building has been updated. it is currently being rented as a barbershop. It is set up with 2 separate areas that can be rented out. The front of the shop is currently rented on a month to month rental agreement.

Last Agent to Sell the Property

Liz Dysinger

Homes -N- Land Real Estate License #SAOR-6504373227 Listed on: 01/15/2024

Last Buyer's Agent

Laurie Terry

Coldwell Banker Professionals Morrice/Owosso License #SAOR-6501379222

Coldwell Banker Professionals Morrice/Owosso

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1968

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 48.5x125

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Septic Tank

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 011-60-011-005&004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,310

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Total Tax Amount: 2309.62
  • Total Tax Year: 2021
  • Year Built: 1968
  • Mail City: Bancroft
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 4
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 2088
  • Half Bathrooms: 3

Exterior Features

  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • 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: 011-60-011-005&004
  • Lot Dimensions: 48.5x125
  • Acreage: 0.14
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $415.06
  • Winter Tax: Year: 2021, Amount: $1,374.21
  • Total Tax: Year: 2021, Amount: $2,309.62
  • Village Tax: 520.35

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Durand Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Jun 21, 2024
Sold by
Jg Woods Inc
Bought by
Mokrzycki Julie
Seller's Agent
Liz Dysinger
Homes -N- Land Real Estate
Buyer's Agent
Laurie Terry
Coldwell Banker Professionals Morrice/Owosso
List Price
$175,000
Sold Price
$140,000
Premium/Discount to List
-$35,000
-20%
Views
91
Current Estimated Value
$140,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$852
Avg. Annual Appreciation
-0.84%

Purchase Details

Closed on
Jun 27, 2005
Sold by
Kallin Virginia
Bought by
Kallin Arthur and Kallin Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,520
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2004
Sold by
Harcek Albert P and Harcek Lucile A
Bought by
Kallin Virginia and Kallin Arthur Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 12, 2004
Sold by
Harcek Albert P and Harcek Lucile A
Bought by
Harcek Albert P and Harcek Lucile A
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
Mokrzycki Julie $140,000 Crossroads Title
Kallin Arthur -- Cislo Title Co
Kallin Virginia $62,500 Cislo Title Co
Kallin Virginia $62,500 --
Harcek Albert P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kallin Virginia $101,520
Previous Owner Kallin Virginia $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $140,000 -15.2% $67 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
04/10/2024 04/10/24 Price Changed $165,000 -5.7% $79 / Sq Ft
01/15/2024 01/15/24 For Sale $175,000 -- $84 / 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 $1,743 $47,500 $0 $0
2024 $1,698 $46,300 $0 $0
2023 $1,551 $46,700 $0 $0
2022 $758 $37,500 $0 $0
2021 $1,893 $34,800 $0 $0
2020 $1,880 $30,300 $0 $0
2019 $1,508 $23,700 $0 $0
2018 $1,472 $24,300 $0 $0
2017 $1,490 $26,100 $0 $0
2016 $1,954 $26,100 $0 $0
2015 $1,954 $41,600 $0 $0
2014 $5 $42,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50131524

Michigan Multiple Listing Service

APN: 011-60-011-005