Seller's Agent in 2022
Bruce Wiltzer
City2Shore Real Estate Northern Michigan
(231) 590-6160
74 Total Sales
116 Hersey St Cadillac, MI 49601
Estimated Value: $159,000 - $201,000
3
Beds
2
Baths
1,450
Sq Ft
$127/Sq Ft
Est. Value
Highlights
- Raised Ranch Architecture
- Fenced Yard
- Forced Air Heating and Cooling System
About This Home
As of July 2022Rental properties are scarce and the demand is high, so if you would like to acquire more rental properties, or are thinking about getting into the business for the first time, this is your opportunity! This home with two rental units - a two bedroom/2 bath and a 1 bedroom/1 bath - is located a few short blocks from the hospital and downtown Cadillac and within easy walking distance of beautiful Lake Cadillac and the scenic walking path. Renters are already in place, and with a strong demand for rentals and not enough offered in the area, you should never be concerned about empty units. What are you waiting for? Schedule your showing appointment now!
Last Agent to Sell the Property
City2Shore Real Estate Northern Michigan License #6501425189 Listed on: 02/06/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,656
Year Built
- Built in 1900
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x125
- Fenced Yard
- The community has rules related to zoning restrictions
Home Design
- 1,450 Sq Ft Home
- Duplex
- Raised Ranch Architecture
- Poured Concrete
- Fire Rated Drywall
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2022
Closed on
Jul 5, 2022
Bought by
Sorensen Melissa and Giese Rebecca
Seller's Agent
Bruce Wiltzer
City2Shore Real Estate Northern Michigan
Buyer's Agent
Erika Korndorfer
REO-TCRandolph-233022
List Price
$170,000
Sold Price
$156,500
Premium/Discount to List
-$13,500
-7.94%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,499
Avg. Annual Appreciation
3.21%
Purchase Details
Closed on
Mar 14, 2019
Sold by
Two Cedars Properties Llc
Bought by
Three Angels Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.3%
Mortgage Type
Undefined Multiple Amounts
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sorensen Melissa | $156,500 | -- | |
| Three Angels Holdings Llc | $500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Three Angels Holdings Llc | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/05/2022 07/05/22 | Sold | $156,500 | -7.9% | $108 / Sq Ft |
| 02/06/2022 02/06/22 | For Sale | $170,000 | -- | $117 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $2,656 | $80,100 | $0 | $0 |
| 2024 | $1,877 | $73,800 | $0 | $0 |
| 2023 | $2,210 | $56,500 | $0 | $0 |
| 2022 | $2,210 | $48,800 | $0 | $0 |
| 2021 | $2,510 | $47,300 | $0 | $0 |
| 2020 | $2,484 | $38,600 | $0 | $0 |
| 2019 | $1,519 | $31,400 | $0 | $0 |
| 2018 | -- | $27,800 | $0 | $0 |
| 2017 | -- | $28,100 | $0 | $0 |
| 2016 | -- | $24,400 | $0 | $0 |
| 2015 | -- | $24,600 | $0 | $0 |
| 2013 | -- | $22,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bruce Wiltzer
-
Erika Korndorfer
Buyer's Agent in 2022
Erika Korndorfer
Real Estate One
(231) 342-7903
48 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1896682
APN: 10-082-00-125-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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