NOT LISTED FOR SALE

120 E Elm St Harrison, MI 48625

Estimated Value: $92,067 - $180,000

Studio
-- Bath
-- Sq Ft
0.38 Acres

Last Sold April 15, 2021

Last sale price $55,000

Est. 174% increase in value since last sale

Current estimated payment $1,008/month

169 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Level Lot

About This Home

As of April 2021

One of a kind property, single family home was moved in 2005 to this parcel with a new foundation. Currently used as a multi family home with three one bedroom apartments. Easily converted back into a single family home or an owner occupied rental property. Main floor which is currently two apartments can be converted back to a two or three bedroom owner's quarters with an upper 1 bed, 1 bath apartment to off set your mortgage payments. Two of these units have been recently refreshed. The possibilities are endless. This home features a newer roof, a wrap around deck, large, double wide driveway and a good sized lot, all situated in nice residential neighborhood near the High School. The home has a great rental history as well.

Last Agent to Sell the Property

Sheri Berends Larson

AARE License #6501311717 Listed on: 10/02/2020

Last Buyer's Agent

Yvonne Meyer

RiverTown Real Estate License #6506046514

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 99' x 165'
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1950
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 38.71
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 99' x 165'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1787.0
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space, Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • List Price: 60000.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Cable Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Dimensions: 99' x 165'
  • Lot Size Sq Ft: 16553.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1787.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Apr 15, 2021
Sold by
Bluestone Holdings Llc
Bought by
Hale Amanda L
Seller's Agent
Sheri Berends Larson
AARE
Buyer's Agent
Yvonne Meyer
RiverTown Real Estate
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%
Current Estimated Value
$150,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,596
Avg. Annual Appreciation
22.61%
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
Hale Amanda L $55,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $55,000 -8.3% --
03/20/2021 03/20/21 Pending -- -- --
10/02/2020 10/02/20 For Sale $60,000 -- --
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 $2,650 $60,400 $19,100 $41,300
2024 $2,552 $55,300 $12,000 $43,300
2023 $1,121 $48,000 $9,100 $38,900
2022 $2,407 $42,700 $7,500 $35,200
2021 $1,907 $39,400 $0 $0
2020 $1,875 $38,800 $0 $0
2019 $1,787 $34,700 $0 $0
2018 $1,697 $30,800 $0 $0
2017 $114 $5,300 $0 $0
2016 $113 $4,900 $0 $0
2015 -- $4,400 $0 $0
2014 -- $4,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 20041351

MichRIC

APN: 070-740-003-01