NOT LISTED FOR SALE

Estimated Value: $210,995

7 Beds
4 Baths
4,536 Sq Ft
$47/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $187,000 $41 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,652/month

6 Days on Market

Highlights

  • 3.02 Acre Lot
  • Farmhouse Style Home
  • Forced Air Heating System
  • Memphis Elementary School Rated 9+

About This Home

As of May 2022

4-Unit multi-family apartments on 3 acres. 4536 square feet. 3 lower units (one is a studio apartment and two are 2 bedrooms, 1 bath) and 1 upper unit (3 bedrooms and 1 bath.) Plenty of parking.

Last Agent to Sell the Property

Stefanie Distelrath

Sine & Monaghan Realtors LLC St Clair License #MISPE-6501330941 Listed on: 03/30/2022

Sine & Monaghan Realtors LLC St Clair

Last Buyer's Agent

Jason Brickel

KW Platinum License #MISPE-6501372021

KW Platinum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

  • 3.02 Acre Lot
  • Lot Dimensions are 266 x 469

Parking

  • 3 Car Parking Spaces

Home Design

  • Farmhouse Style Home
  • Slab Foundation

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Septic Tank

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 29-026-1002-500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,516

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Styles: Farm House
  • Total Tax Amount: 4516
  • Total Tax Year: 2021
  • Year Built: 1941
  • Mail City: Riley
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Bedrooms: 7
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 4536

Exterior Features

  • Frontage: 266
  • Foundation Type: Slab
  • Roads: City/County, Paved Street

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Private Well
  • 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: 29-026-1002-500
  • Lot Dimensions: 266 x 469
  • Acreage: 3.02
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $3,055.00
  • Winter Tax: Year: 2021, Amount: $1,461.00
  • Total Tax: Year: 2021, Amount: $4,516.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Memphis Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 5, 2022
Sold by
Deblouw Jr Henry A
Bought by
Brickel Jason
Seller's Agent
Stefanie Distelrath
Sine & Monaghan Realtors LLC St Clair
Buyer's Agent
Jason Brickel
KW Platinum
List Price
$207,900
Sold Price
$187,000
Premium/Discount to List
-$20,900
-10.05%
Current Estimated Value
$210,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,995
Avg. Annual Appreciation
2.96%

Purchase Details

Closed on
Nov 10, 2011
Sold by
Fannie Mae
Bought by
Deblouw Henry

Purchase Details

Closed on
Feb 12, 2010
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 11, 2010
Sold by
Borowy Cynthia M
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Oct 24, 2006
Sold by
Borowy Cynthia M
Bought by
Lambs Road Apartments Llc

Purchase Details

Closed on
Jun 30, 2006
Sold by
Ritter Bernard J and Ritter Steven
Bought by
Borowy Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,750
Interest Rate
6.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2005
Sold by
Winkle Alicia A
Bought by
Ritter Steven
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
Brickel Jason $187,000 Ata National Title Group
Deblouw Henry $50,500 None Available
Federal National Mortgage Association -- None Available
Chase Home Finance Llc $204,446 None Available
Lambs Road Apartments Llc -- Manzo Title Agency
Borowy Cynthia M $240,000 Manzo Title Company
Ritter Steven -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borowy Cynthia M $178,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $187,000 -10.1% $41 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $207,900 -- $46 / 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 $6,028 $188,500 $0 $0
2024 $6,028 $169,300 $0 $0
2023 $6,028 $169,300 $0 $0
2022 $4,721 $155,800 $0 $0
2021 $4,468 $144,000 $0 $0
2020 $4,468 $131,700 $8,700 $123,000
2019 $4,384 $101,500 $0 $0
2018 $4,289 $100,500 $0 $0
2017 $4,205 $98,500 $0 $0
2016 $895 $98,500 $0 $0
2015 -- $83,100 $5,400 $77,700
2014 -- $76,800 $4,900 $71,900
2013 -- $86,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50069288

Michigan Multiple Listing Service

APN: 29-026-1002-500