NOT LISTED FOR SALE

121 John St Parma, MI 49269

Studio
-- Bath
3,900 Sq Ft
0.53 Acres

Last Sold May 27, 2016

Last sale price $120,000 $31 Per Sq Ft

50 Days on Market

About This Home

As of May 2016

Excellent 4 unit. Western Schools. Village of Parma. Easy maintenance building with upper and lower units. High occupancy rates. All units are 2 bedrooms. 2 units down have laundry hookups. Large and adjacent parking lot. Front and back entrances. Easy to rent. Priced below SEV and TV. Owner also owns 103 John Street and 113 John Street. Each building is for sale for $149,880. Each of these buildings has 4 rental units and may be bought in a package deal with 121 John Street. Seller will review financials with an approved and qualified buyer, upon request.

Last Agent to Sell the Property

Phil Morgan

ERA REARDON REALTY, L.L.C. License #6502108104 Listed on: 01/20/2016

ERA REARDON REALTY, L.L.C.

Last Buyer's Agent

Cliff Risner

Executive Brokers Residential and Commercial Real Estate License #6502432896

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1970

Lot Details

  • 0.53 Acre Lot
  • The property's road front is unimproved

Utilities

  • Forced Air Heating System

Community Details

Overview

  • 4 Units
  • Sec 31 T2s R2w Subdivision

Building Details

  • Net Operating Income $56,640

Property Details

Home Type

Apartment

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 149880.0
  • Road Surface Type: Unimproved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.53
  • Lot Size Area: 0.53
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres

Multi Family

  • Net Operating Income: 56640.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4777.06
  • Tax Year: 2015

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $120,000 -- $31 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
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 $4,699 $87,900 $0 $0
2024 $37 $89,900 $0 $0
2023 $4,239 $89,000 $0 $0
2022 $6,219 $106,600 $0 $0
2021 $5,374 $111,600 $0 $0
2020 $2,107 $115,800 $0 $0
2019 $4,644 $111,200 $0 $0
2018 $5,060 $86,300 $0 $0
2017 $4,890 $97,000 $0 $0
2016 $513 $97,045 $35,510 $61,535
2015 $4,198 $90,266 $90,266 $0
2014 $4,198 $84,852 $0 $0
2013 -- $84,852 $84,852 $0
Source: Public Records

Agents Affiliated with this Home

  • Phil Morgan

    Seller's Agent in 2016

    Phil Morgan

    ERA REARDON REALTY, L.L.C.

    (517) 782-2024

    65 Total Sales

    Phil Morgan
    Section Image
  • Cliff Risner

    Buyer's Agent in 2016

    Cliff Risner

    Executive Brokers Residential and Commercial Real Estate

    (517) 315-4400

    52 Total Sales

    Cliff Risner
    Section Image

  • C

    Buyer's Agent in 2016

    Clifford Risner

    Coldwell Banker Beiswanger Realty Group

See All Agents

Map

Source: MichRIC

MLS Number: 21035289

MichRIC
Michigan Jackson County Parma 49269

121 John St, Parma, MI

Not Listed for Sale

MultiFamily

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