NOT LISTED FOR SALE

124 N Main St Vassar, MI 48768

Estimated Value: $143,000 - $182,000

6 Beds
4 Baths
3,000 Sq Ft
$55/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $159,500 $53 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,078/month

50 Days on Market

About This Home

As of October 2023

Great investment property! 3 units (2 have 2 beds and 1 has 1 bedroom) in the house and another 1 bedroom unit in the additional building. This property is great! And has been maintained very well.

Last Agent to Sell the Property

Jenn Hines

Hart Realty License #6501338132 Listed on: 03/23/2023

Last Buyer's Agent

Sue Toner

License #125116

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x134x66x135

Home Design

  • Quadruplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 3,000 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 051500111060000

Community Details

Overview

  • 4 Units
  • Original Plat City Of Vassar Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,148

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 307.00
  • Year Built: 1900
  • State Equalized Value: 48800.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Sq Ft Combined: 3000
  • Total Sq Ft: 3000

Exterior Features

  • Foundation Details: Slab, Michigan Basement
  • Construction Materials: Vinyl
  • Frontage Feet: 66
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Vassar

Lot Info

  • Lot Size Area: 0.20
  • Lot Dimensions: 66x134x66x135
  • Parcel Number: 051500111060000
  • Zoning: Residential

Rental Info

  • Rent Includes: Water/Sewer, Trash Collection (Garbage Pickup), Water
  • Monthly Rental Income: 1875

Tax Info

  • Tax Amount Summer: 1662.0000
  • Tax Amount Winter: 1486.0000
  • Total Tax: 3148.0000
  • Taxable Value: 48800.0000

Multi Family

  • Gross Scheduled Income: 22500.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 4

MLS Schools

  • School District: Vassar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Oct 5, 2023
Sold by
Leuffgen Properties Llc
Bought by
Tothrow Properties Llc
Seller's Agent
Jenn Hines
Hart Realty
Buyer's Agent
Sue Toner
List Price
$175,000
Sold Price
$159,500
Premium/Discount to List
-$15,500
-8.86%
Views
262
Current Estimated Value
$164,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,166
Avg. Annual Appreciation
3.93%
Original Mortgage
$131,250
Outstanding Balance
$129,051
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving
Estimated Equity
$41,831

Purchase Details

Closed on
Jan 23, 2020
Sold by
Newton Timothy S and Newton Rhonda L
Bought by
Leuffgen Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
3.74%
Mortgage Type
New Conventional
Source: Public Records

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
Tothrow Properties Llc $159,500 Mid-State Title
Leuffgen Properties Llc $70,000 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tothrow Properties Llc $131,250
Previous Owner Leuffgen Properties Llc $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $159,500 -8.9% $53 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $175,000 -- $58 / Sq Ft
Source: Realcomp

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 $1,997 $80,200 $0 $0
2024 $1,997 $70,200 $0 $0
2023 $3,301 $64,400 $0 $0
2022 $3,148 $48,800 $0 $0
2021 $2,941 $49,900 $0 $0
2020 $2,372 $49,300 $0 $0
2019 $2,343 $52,100 $0 $0
2018 $2,197 $44,800 $0 $0
2017 $2,173 $45,000 $0 $0
2016 $1,009 $41,600 $0 $0
2015 $7 $41,000 $0 $0
2014 $7 $40,300 $0 $0
2013 -- $32,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jenn Hines

    Seller's Agent in 2023

    Jenn Hines

    Hart Realty

    (810) 537-1989

    108 Total Sales

    Jenn Hines
    Section Image
  • Sue Toner

    Buyer's Agent in 2023

    Sue Toner

    (989) 325-0319

    71 Total Sales

    Sue Toner
    Section Image
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Map

Source: Realcomp

MLS Number: 20230021007

Realcomp

APN: 051-500-111-0600-00

Michigan Tuscola County Vassar 48768

124 N Main St, Vassar, MI

This home is located at 124 N Main St, Vassar, MI 48768 since 23 March 2023 and is currently estimated at $164,666, approximately $54 per square foot. This property was built in 1900. 124 N Main St is a home located in Tuscola County with nearby schools including Central School, Vassar Junior High School, and Vassar Senior High School.

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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