NOT LISTED FOR SALE

12579 Spruce Ln Perry, MI 48872

Estimated Value: $213,770 - $275,000

-- Bed
-- Bath
1,708 Sq Ft
$142/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $121,000 $71 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,514/month

217 Days on Market

About This Home

As of May 2020

Welcome to 12579 Spruce in Perry Township located conveniently near exit 98 or exit 105 of I-69. This 2 unit rental property offers quick access to Lansing, or about 20 minutes to Bishop Airport in Flint. Unit 1 is currently rented mo/mo for $700 plus utilities. Unit 2 is now vacant with fresh paint and new flooring (photos included). Bedroom windows were recently updated. Great cash flow opportunity! Or live in one side while renting the other!

Last Agent to Sell the Property

Richard Gingras

RE/MAX Real Estate Professionals License #6501305265 Listed on: 09/23/2019

RE/MAX Real Estate Professionals

Last Buyer's Agent

David Hall

Achieve Real Estate LLC License #6502433100

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,363

Year Built

  • Built in 1971

Lot Details

  • 0.5 Acre Lot

Home Design

  • 1,708 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • 4 Parking Spaces
  • Carport

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $8,400

Community Details

Overview

  • 2 Units
  • Forest Green Subdivision

Building Details

  • Other Expense $797
  • New Taxes Expense $26,362

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,363

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Gross Rent: 8400.0
  • Miscellaneous: 797.0
  • Misc Business Info Parking Surface: Blacktop
  • Misc Business Info Roof Type: Asphalt
  • Tax Year: 2018
  • Levels: One
  • Year Built: 1971
  • Lot Size Acres: 0.5
  • Lot Size: See attached
  • Subdivision Name: Forest Green
  • Above Grade Finished Sq Ft: 1708.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: See attached
  • General Property Info:Above Grade Finished Area: 1708.0
  • Exterior:Aluminum Siding: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Tax Info:Taxes2: 2363.0
  • Tax Info:Zoning3: Multi-Family
  • General Property Info:Building 1 Description: 2 Unit Ranch
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 26362.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Full
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Daylight: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Parking Features: Asphalt, Carport, Private
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Private6: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 3-4

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Perry

Lot Info

  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
May 26, 2020
Sold by
Dittmer Lanny R and Dittmer Gaynelle I
Bought by
Litwiller Cody
Seller's Agent
Richard Gingras
RE/MAX Real Estate Professionals
Buyer's Agent
David Hall
Achieve Real Estate LLC
List Price
$129,900
Sold Price
$121,000
Premium/Discount to List
-$8,900
-6.85%
Current Estimated Value
$236,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,372
Avg. Annual Appreciation
13.27%
Original Mortgage
$111,600
Outstanding Balance
$99,540
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$132,582

Purchase Details

Closed on
Mar 30, 2017
Sold by
Dittmer Lanny R and Dittmer Gaynelle I
Bought by
Dittmer Family Trust
Source: Public Records

Range of Values:

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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
Litwiller Cody $121,000 Liberty Title
Dittmer Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Litwiller Cody $111,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $121,000 -6.9% $71 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
09/23/2019 09/23/19 For Sale $129,900 -- $76 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $2,710 $92,100 $0 $0
2024 $2,710 $89,500 $0 $0
2023 $1,258 $79,500 $0 $0
2022 $1,970 $69,300 $0 $0
2021 $1,863 $57,400 $0 $0
2020 $2,439 $54,900 $0 $0
2019 $2,416 $48,400 $0 $0
2018 $2,363 $48,700 $0 $0
2017 $2,209 $45,600 $0 $0
2016 -- $45,600 $0 $0
2015 -- $46,300 $0 $0
2014 $182 $44,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Richard Gingras

    RE/MAX Michigan

    Section Image
  • David Hall

    Buyer's Agent in 2020

    David Hall

    Achieve Real Estate LLC

    (517) 712-8329

    140 Total Sales

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 241066

Greater Lansing Association of Realtors®

APN: 014-42-100-000

Michigan Shiawassee County Perry 48872

12579 Spruce Ln, Perry, MI

This home is located at 12579 Spruce Ln, Perry, MI 48872 since 23 September 2019 and is currently estimated at $242,943, approximately $142 per square foot. This property was built in 1971. 12579 Spruce Ln is a home located in Shiawassee County with nearby schools including Perry Elementary School, Perry Middle School, and Perry High School.

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