NOT LISTED FOR SALE

118 Hickory St Linden, MI 48451

Estimated Value: $190,000 - $275,000

2 Beds
2 Baths
1,308 Sq Ft
$187/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $122,500 $94 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,727/month

109 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Porch
  • Wood Flooring
  • 1 Car Detached Garage
  • Shed

About This Home

As of February 2018

Excellent location in high traffic area of Linden! Property is located on the corner of Hickory and Main Street, across the street from the post office, fire department and municipal parking lot. 2 units with mixed use options. Property is ideal for a business that is appointment based, such as accountant or attorney’s office, plus the option of rental upstairs. This can also be converted back to residential very easily. Staircase inside is still intact, just closed off for separation of units. Brand new furnace upstairs, vinyl siding, many new windows, gutters and spouts, garage door and garage roof in 2017. Gas is separate for each unit and paid by tenants. Electrical has breakers in each unit for convenience. Electric, water and trash are combined and paid by landlord. Main level offers a full kitchen, basement access, 4 seasons room, dining room/office or 2nd bedroom off the front entrance, living room with hardwood floors and a bedroom and full bath.

Last Agent to Sell the Property

Barbra Roll-Wyzga

Keller Williams First License #SAOR-6506044607 Listed on: 10/30/2017

Keller Williams First

Co-Listed By

Charles Stoner

CB Professionals License #MISPE

Last Buyer's Agent

Cathy DuBois

Vision Realty Centers License #FAAR-122247

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1860

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Flooring
  • Basement
  • Michigan Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater
  • Internet Available

Community Details

  • 2 Units
  • City Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 66-20-552-051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,466

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Styles: Colonial
  • Sub Structure Types: Shed
  • Total Tax Amount: 1466.48
  • Total Tax Year: 2017
  • Year Built: 1860
  • Mail City: Linden
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: MI Basement, Outside Entrance
  • Bedrooms: 2
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch
  • Frontage: 66
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 1
  • Parking: 2 Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 66-20-552-051
  • Location: Main Street, Corner Lot
  • Lot Dimensions: 66x132
  • Acreage: 0.2
  • Zoning: Mixed Use
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Snow Removal, Taxes, Trash Removal, Water/Sewer, Electric
  • Lease Information: Electric Included

Tax Info

  • Summer Tax: Year: 2017, Amount: $977.02
  • Winter Tax: Year: 2016, Amount: $489.46
  • Total Tax: Year: 2017, Amount: $1,466.48

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Linden Comm School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2017
Closed on
Feb 23, 2018
Sold by
Richards L Colleen and Richards John
Bought by
Versola Investment Properties Llc
Seller's Agent
Barbra Roll-Wyzga
Keller Williams First
Buyer's Agent
Cathy DuBois
Vision Realty Centers
List Price
$132,900
Sold Price
$122,500
Premium/Discount to List
-$10,400
-7.83%
Current Estimated Value
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,500
Avg. Annual Appreciation
9.18%
Original Mortgage
$91,875
Outstanding Balance
$78,120
Interest Rate
4.15%
Mortgage Type
Commercial
Estimated Equity
$166,547
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Versola Investment Properties Llc $122,500 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Versola Investment Properties Llc $91,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2018 02/23/18 Sold $122,500 -7.8% $94 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
10/30/2017 10/30/17 For Sale $132,900 -- $102 / 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 $5,676 $85,000 $0 $0
2024 $3,683 $81,100 $0 $0
2023 $2,617 $75,100 $0 $0
2022 $4,041 $64,500 $0 $0
2021 $3,628 $61,600 $0 $0
2020 $2,296 $59,200 $0 $0
2019 $2,287 $43,400 $0 $0
2018 $1,503 $43,400 $0 $0
2017 $1,462 $40,400 $0 $0
2016 $1,464 $37,100 $0 $0
2015 $1,450 $33,200 $0 $0
2012 -- $25,460 $25,460 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31334408

Michigan Multiple Listing Service

APN: 61-20-552-051