NOT LISTED FOR SALE

115 Orchard St Constantine, MI 49042

Estimated Value: $209,000 - $252,000

Studio
1 Bath
-- Sq Ft
0.28 Acres

Last Sold October 29, 2021

Last sale price $140,000

Est. 59% increase in value since last sale

Current estimated payment $1,367/month

82 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of October 2021

Duplex in residential neighborhood built in 1999 with each unit having 3 bedrooms, 1 1/2 baths and main floor laundry. Central air with a 1 car attached garage. Tenants pay all utilities, including water, sewer and trash. This duplex brings in $1500 month in gross revenue. Two other duplexes on an adjacent parcel and adjacent four unit are also available for sale. Total gross monthly income is $7000.

Last Agent to Sell the Property

Garrett Hall

Berkshire Hathaway HomeServices Michigan Real Estate Listed on: 06/17/2021

Co-Listed By

Jennifer Koski

Berkshire Hathaway HomeServices Michigan Real Estate License #6501384473

Last Buyer's Agent

Ronald Goos

RE/MAX by the Lake License #6506047011

RE/MAX by the Lake

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 132x88
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Unpaved Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1999
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 68.14
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 132x88
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 4153.0
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Crawl Space: Yes
  • Driveway:Shared Unpaved: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 149900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Dimensions: 132x88
  • Lot Size Sq Ft: 12150.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4153.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Oct 29, 2021
Sold by
D Perez Properties Llc
Bought by
Debuck Weston and Montri Carl
Seller's Agent
Garrett Hall
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Ronald Goos
RE/MAX by the Lake
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Current Estimated Value
$222,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,078
Avg. Annual Appreciation
11.58%
Original Mortgage
$105,000
Outstanding Balance
$96,066
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$126,012

Purchase Details

Closed on
Mar 21, 2017
Sold by
Schwartz Henry and Schwartz Kendra
Bought by
D Perez Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.17%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 17, 2000
Sold by
Farquhar
Bought by
Ambs

Purchase Details

Closed on
Oct 27, 1998

Purchase Details

Closed on
May 30, 1997
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Debuck Weston $140,000 Dba Title Resource Agency
D Perez Properties Llc $240,000 Patrick Abstract & Title
Ambs $25,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Debuck Weston $105,000
Previous Owner D Perez Properties Llc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $140,000 -6.6% --
09/07/2021 09/07/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $149,900 -- --
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 $2,463 $114,900 $7,500 $107,400
2024 $2,345 $113,700 $6,600 $107,100
2023 $2,323 $106,600 $5,900 $100,700
2022 $1,875 $84,200 $5,900 $78,300
2021 $950 $78,800 $6,600 $72,200
2020 $1,656 $74,100 $6,600 $67,500
2019 $4,076 $66,900 $6,600 $60,300
2018 $4,141 $69,400 $6,600 $62,800
2017 $3,318 $64,600 $64,600 $0
2016 -- $62,600 $62,600 $0
2015 -- $60,400 $0 $0
2014 -- $55,800 $55,800 $0
2012 -- $52,500 $52,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21023155

MichRIC

APN: 043-777-028-10