NOT LISTED FOR SALE

12760 Matthews St Carleton, MI 48117

Estimated Value: $180,493 - $211,000

6 Beds
2 Baths
2,256 Sq Ft
$88/Sq Ft Est. Value

Last Sold September 18, 2018

Last sale price $125,000 $55 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,184/month

76 Days on Market

About This Home

As of September 2018

Great income potential! Both Units are vacant, start making an income! Or Live in one & rent the other!3 Bedroom Duplex, Each unit is 3 bedrooms, 2,256 total square feet! Rare find, both units are 1,128 square feet, TWO new driveways-parking for each unit!
Vinyl windows, vinyl siding, kitchens with oak cabinets, newer flooring, remodeled bathrooms, up to city code! Each unit has a living room, huge dining room, nice kitchen, main floor bathroom, three bedrooms upstairs, huge covered porch, back deck off both units with privacy. Separate utilities, both units have access to the basement for laundry and storage. Both sides are vacant, recently one side was rented for $925. The corner unit has been freshly painted, stove & refrigerator included in both units! Monroe county taxes.

Last Listed By

Angela Griggs

Century 21 Curran & Oberski License #6501289238 Listed on: 06/13/2018

Century 21 Curran & Oberski

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,256 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Parking

  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Carleton Vlg Block 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 584103501000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,544

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Access
  • Sq Ft Combined: 2256
  • Total Sq Ft: 2256
  • Sq Ft Total Bsmt: 1128

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 66
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces, Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Airport

Lot Info

  • List Price per Acre: 674500.0000
  • Lot Size Area: 0.20
  • Lot Dimensions: 66 x 132
  • Parcel Number: 584103501000
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1850

Tax Info

  • Tax Amount Summer: 645.0000
  • Tax Amount Winter: 899.0000
  • Total Tax: 1544.0000

Multi Family

  • Gross Scheduled Income: 22200.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Airport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2019
Sold by
Joseph Cadden Michael and Lynn Tracey
Bought by
Cadden Michael Joseph
Total Days on Market
76
Current Estimated Value
$197,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Outstanding Balance
$79,448
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$129,717

Purchase Details

Closed on
Nov 22, 2019
Sold by
Joseph Cadden Michael and Lynn Tracey
Bought by
Cadden Michael Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Outstanding Balance
$79,448
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$129,717

Purchase Details

Listed on
Jun 13, 2018
Closed on
Sep 20, 2018
Sold by
Schossau and Lynette
Bought by
Cadden Michael Joseph and Cadden Michael Ryan
Seller's Agent
Angela Griggs
Century 21 Curran & Oberski
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%

Purchase Details

Listed on
Jun 13, 2018
Closed on
Sep 18, 2018
Sold by
Schossau and Lynette
Bought by
Cadden Michael Joseph and Cadden Michael Ryan
Seller's Agent
Angela Griggs
Century 21 Curran & Oberski
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%

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
Cadden Michael Joseph -- New Title Company Name
Cadden Michael Joseph -- New Title Company Name
Cadden Michael Joseph $125,000 Hassett Title
Cadden Michael Joseph $125,000 Hassett Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cadden Michael Joseph $88,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2018 09/18/18 Sold $125,000 -7.3% $55 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/20/2018 08/20/18 Price Changed $134,900 -7.0% $60 / Sq Ft
06/13/2018 06/13/18 For Sale $145,000 -- $64 / 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
2024 $983 $83,000 $0 $0
2023 $925 $72,000 $0 $0
2022 $1,868 $72,000 $0 $0
2021 $1,796 $70,200 $0 $0
2020 $1,772 $39,100 $0 $0
2019 $1,919 $39,100 $0 $0
2018 $1,010 $36,500 $0 $0
2017 $1,559 $36,500 $0 $0
2016 $1,544 $34,100 $0 $0
2015 $1,187 $29,300 $0 $0
2014 $1,444 $29,300 $0 $0
2013 -- $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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