NOT LISTED FOR SALE

116 E Henry St Charlotte, MI 48813

Estimated Value: $167,000 - $211,000

3 Beds
3 Baths
-- Sq Ft
0.29 Acres

Last Sold May 25, 2012

Last sale price $40,000

Est. 365% increase in value since last sale

Current estimated payment $1,146/month

5 Days on Market

About This Home

As of May 2012

CHARLOTTE CITY THREE UNIT, this building features three one bedroom apartments. The building is set up with separate gas and electric meters for each unit. Roof appears to be newer and some windows are replacement. CALL REALTOR DUSTIN DAMON AT 269-317-0988 OR EMAIL dustindamon@remax.net. Information, from City of CHARLOTTE, is believed to be accurate, but, said data is not warranted or guaranteed by the Sellers and/or Listing Agent/Broker. Buyers and/or Buyers Agent should independently verify the accuracy of all related data. Buyer and agent should satisfy themselves as to existence of Principal Residence (Homestead) Exemption and the effect on taxes. PLEASE HAVE YOUR BUYER PRE-QUALIFIED WITH AN INDEPENDENT BANK LOAN OFFICER OR INSTITUTION OF CHOICE.

Last Agent to Sell the Property

Dustin Damon

RE/MAX Perrett Associates License #6501341086 Listed on: 04/19/2012

RE/MAX Perrett Associates

Last Buyer's Agent

See Remarks

Non-Member Listing

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 0.29 Acre Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Radiant Heating System
  • Hot Water Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 49927.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Hot Water, Radiant
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Size Sq Ft: 12632.0

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1976.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2014
Sold by
Vanderstelt Peter J and Vanderstelt Trystin
Bought by
Dutch Brothers Development Group Llc
Current Estimated Value
$186,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$107,021
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$78,996

Purchase Details

Closed on
Jun 2, 2011
Sold by
Mccrimmon Kendra L
Bought by
Independent Bank

Purchase Details

Closed on
Jan 19, 2005
Sold by
Paul R Wolf Trust #1
Bought by
Hoort Kendra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2004
Sold by
Sowle Steven M and Sowle Diane M
Bought by
Paul D Wolf Trust #1 and Tamara D Wolf Trust #1
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
Dutch Brothers Development Group Llc -- None Available
Independent Bank $51,850 None Available
Hoort Kendra L $103,000 Midstate Title
Paul D Wolf Trust #1 $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dutch Brothers Development Group Llc $140,000
Previous Owner Hoort Kendra L $82,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $40,000 -19.9% --
04/24/2012 04/24/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $49,927 -- --
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 $2,063 $56,900 $0 $0
2024 $1,341 $53,900 $0 $0
2023 $1,266 $49,500 $0 $0
2022 $1,857 $48,000 $0 $0
2021 $1,784 $44,000 $0 $0
2020 $1,662 $44,000 $0 $0
2019 $1,634 $35,874 $0 $0
2018 $1,593 $25,427 $0 $0
2017 $1,649 $26,456 $0 $0
2016 -- $26,498 $0 $0
2015 -- $31,843 $0 $0
2014 -- $27,000 $0 $0
2013 -- $33,412 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 12021105

MichRIC

APN: 200-061-605-050-00