M
Seller's Agent in 2023
Michael Fagerman
Cadillac Realty by Fagerman
(231) 920-8970
63 Total Sales
121 E Pine St Cadillac, MI 49601
Estimated Value: $264,000 - $285,132
4
Beds
4
Baths
2,696
Sq Ft
$101/Sq Ft
Est. Value
Highlights
- Covered Patio or Porch
- Entrance Foyer
- Wood Siding
- Forced Air Heating and Cooling System
- Ceiling Fan
About This Home
As of February 2023Quality 4-unit rental property in downtown Cadillac! Renovated, clean, well maintained, organized, and fully occupied with excellent tenants and rental history. Includes a complete detailed list of all renovations. No pets or smokers! New roof in 2016 and exterior paint in 2022. Each unit has its own furnace, along with gas and electrical meters. Coded security door to common area with motion lights. Separate utility entrance to basement mechanicals. The basement includes individual storage lockers and a coin laundry which can be accessed also from the common area. Landlord pays for the common area utilities, water, sewer, garbage, and parking spaces which are rented from the city. Each unit is 1 bedroom and 1 bath. 3 of the units rent at $650/month and 1 at the new rental rate of $750/month. Detailed expenses provided upon request. Rental inspection by the city was recently done and is good for two years. Electrical and Mechanical inspections completed by seller’s contractors.
Last Agent to Sell the Property
Cadillac Realty by Fagerman License #6502369720 Listed on: 01/14/2023
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $6,031
Year Built
- Built in 1922
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 50x82
Home Design
- Frame Construction
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2,696 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Blinds
- Entrance Foyer
- Fire and Smoke Detector
- Oven or Range
Laundry
- Dryer
- Washer
Unfinished Basement
- Michigan Basement
- Basement Storage
Outdoor Features
- Covered Patio or Porch
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Cable TV Available
Community Details
- 4 Units
- Mitchell's Revised Plat Community
Listing and Financial Details
- Rent includes trash removal, water, sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2023
Closed on
Jan 31, 2023
Sold by
P & A Ents Inc
Bought by
Crossing Paths Services Llc
Seller's Agent
Michael Fagerman
Cadillac Realty by Fagerman
Buyer's Agent
Michelle Maidens
REO-Cadillac-233028
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%
Views
80
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
$52,033
Avg. Annual Appreciation
7.82%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Crossing Paths Services Llc | $220,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/03/2023 02/03/23 | Sold | $220,000 | -3.9% | $82 / Sq Ft |
| 01/14/2023 01/14/23 | For Sale | $229,000 | -- | $85 / 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 | $6,031 | $98,000 | $0 | $0 |
| 2024 | $3,962 | $93,100 | $0 | $0 |
| 2023 | $2,771 | $78,600 | $0 | $0 |
| 2022 | $2,771 | $68,300 | $0 | $0 |
| 2021 | $2,701 | $67,300 | $0 | $0 |
| 2020 | $2,674 | $60,000 | $0 | $0 |
| 2019 | $2,631 | $48,000 | $0 | $0 |
| 2018 | -- | $39,300 | $0 | $0 |
| 2017 | -- | $40,800 | $0 | $0 |
| 2016 | -- | $39,000 | $0 | $0 |
| 2015 | -- | $37,400 | $0 | $0 |
| 2013 | -- | $36,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Fagerman
-
Michelle Maidens
Buyer's Agent in 2023
Michelle Maidens
Real Estate One
(231) 878-8777
273 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1907749
APN: 10-086-00-316-00
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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