NOT LISTED FOR SALE

Estimated Value: $172,000 - $189,000

4 Beds
2 Baths
-- Sq Ft
6,621 Sq Ft Lot

Last Sold August 23, 2017

Last sale price $87,900

Est. 102% increase in value since last sale

Current estimated payment $1,176/month

37 Days on Market

About This Home

As of August 2017

NEW ROOF!!! Great side by side duplex. City Certified. Ready for new tenants. Walking distance to downtown and the Westwood Mall. Bloomfield Park is 1 block away. Each unit has 3 bedrooms, 1 full bath, fireplace, large kitchen with appliances, library room, foyer, laundry hook ups, basement and over 1200 square feet. Many updates including sewer line to street & furnaces. Two car garage along with a parking space next to the garage. Cool details give the units character like pocket door at the landing of the stairway, accent trim at the ceiling in the living room. North unit has central air. Shed behind the garage. Some yard with nice shade tree. Joint driveway (not shared) with room to back out of the garage and pull out of the the driveway going forward. The duplex has siding which

Last Agent to Sell the Property

Laura Schlecte

THINKING REAL ESTATE License #6502106966 Listed on: 05/08/2017

Last Buyer's Agent

Pat Fielder

Keller Williams Ann Arbor License #6501346465

Keller Williams Ann Arbor

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1920

Lot Details

  • 6,621

Home Design

  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Space Heater

Community Details

  • Operating Expense $1,068
  • Net Operating Income $30,132

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,851

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 89900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air, Space Heater
  • Heating: Yes

Multi Family

  • Net Operating Income: 30132.0
  • Operating Expense: 1068.0

Tax Info

  • Tax Annual Amount: 1850.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Aug 23, 2017
Sold by
Schultz Alan P and Schultz Lucinda A
Bought by
Houston Jessica Nichole
Seller's Agent
Laura Schlecte
THINKING REAL ESTATE
Buyer's Agent
Pat Fielder
Keller Williams Ann Arbor
Sold Price
$87,900
Current Estimated Value
$177,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,739
Avg. Annual Appreciation
8.97%
Original Mortgage
$86,307
Outstanding Balance
$72,152
Interest Rate
4.03%
Mortgage Type
FHA
Estimated Equity
$105,487

Purchase Details

Closed on
Nov 26, 2012
Sold by
Schultz Alan P and Schultz Lucinda A
Bought by
Schultz Alan P and Schultz Lucinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,670
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2006
Sold by
Mauer Katherine T and Maurer Catherine T
Bought by
Schultz Alan P and Schultz Lucinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
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
Houston Jessica Nichole $87,900 Midstate Title Agency Southe
Schultz Alan P -- None Available
Schultz Alan P $120,000 Mst
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houston Jessica Nichole $86,307
Previous Owner Schultz Alan P $86,670
Previous Owner Schultz Alan P $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2017 08/23/17 Sold $87,900 -- --
06/14/2017 06/14/17 Pending -- -- --
Source: MichRIC

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 $2,954 $62,200 $0 $0
2024 $2,556 $52,700 $0 $0
2023 $2,452 $41,000 $0 $0
2022 $2,722 $41,300 $0 $0
2021 $2,693 $38,100 $0 $0
2020 $2,432 $39,900 $0 $0
2019 $2,364 $38,650 $0 $0
2018 $2,313 $38,900 $0 $0
2017 $1,887 $36,250 $0 $0
2016 $1,627 $36,700 $36,700 $0
2015 $1,774 $39,550 $39,550 $0
2014 $1,774 $28,600 $0 $0
2013 -- $28,600 $28,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21035055

MichRIC

APN: 2-015800000