NOT LISTED FOR SALE

12322 N Clio Rd Clio, MI 48420

Estimated Value: $162,677 - $225,000

6 Beds
4 Baths
2,688 Sq Ft
$73/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $95,007 $35 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,217/month

7 Days on Market

About This Home

As of July 2016

Highest & Best Due 6/2/16 @ 9:30 AM. Apartment house with 4 rented apartments. Coin operated washer & dryer on premises. 2 with 2 bedrooms and 2 with 1 bedroom. Window air conditioners in each. Great turn key business. Roof approximately 8 years old. Located in Clio Schools. Garage on property for added storage. Great business opportunity.

Last Listed By

Michael Davidson

REMAX Right Choice License #FAAR-122148 Listed on: 05/26/2016

REMAX Right Choice

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100 x 123

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Baseboard Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 1814100060

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Year Built: 1973
  • Mail City: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Estimated Sq Ft: 2688

Exterior Features

  • Construction: Aluminum, Brick
  • Frontage: 100
  • Foundation Type: Slab
  • Frontage Type: Road

Garage/Parking

  • Garage Type: Detached Garage

Utilities

  • Water: Community
  • Fuel Type: Electric
  • Heating System: Baseboard
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 1814100060
  • Lot Dimensions: 100 X 123
  • Acreage: 0.32
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer

Tax Info

  • Summer Tax: Amount: $1,249.62
  • Winter Tax: Amount: $1,326.39
  • Total Tax: Amount: $2,576.01

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Clio Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Jul 11, 2016
Sold by
The William E Finch Trust
Bought by
Miller Brett
Seller's Agent
Michael Davidson
REMAX Right Choice
Buyer's Agent
Bethany Brokaw
The Brokaw Group
List Price
$93,000
Sold Price
$95,007
Premium/Discount to List
$2,007
2.16%
Total Days on Market
7
Current Estimated Value
$195,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,912
Avg. Annual Appreciation
8.49%

Purchase Details

Listed on
May 26, 2016
Closed on
Jul 1, 2016
Sold by
Finch Shirley L
Bought by
Finch William E
Seller's Agent
Michael Davidson
REMAX Right Choice
Buyer's Agent
Bethany Brokaw
The Brokaw Group
List Price
$93,000
Sold Price
$95,007
Premium/Discount to List
$2,007
2.16%

Purchase Details

Closed on
Apr 26, 2006
Sold by
Finch William E and Guilloz Finch Louise
Bought by
The William E Finch Trust

Range of Values:

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Average Value
Not Available
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
Miller Brett $95,007 1St Am Title
Finch William E -- None Available
The William E Finch Trust -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2016 07/11/16 Sold $95,007 +2.2% $35 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $93,000 -- $35 / 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
2024 $1,434 $70,600 $0 $0
2023 $1,367 $58,500 $0 $0
2022 $2,985 $52,900 $0 $0
2021 $3,131 $59,500 $0 $0
2020 $1,430 $57,900 $0 $0
2019 $1,355 $57,400 $0 $0
2018 $3,301 $66,000 $0 $0
2017 $3,211 $66,000 $0 $0
2016 $2,594 $61,100 $0 $0
2015 $2,576 $57,000 $0 $0
2012 -- $52,100 $52,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 30058562

Michigan Multiple Listing Service

APN: 18-14-100-060