NOT LISTED FOR SALE

128 Division St Saranac, MI 48881

Estimated Value: $277,764

-- Bed
4 Baths
-- Sq Ft
1 Acres

Last Sold March 29, 2012

Last sale price $111,000

Est. 150% increase in value since last sale

Current estimated payment $1,866/month

48 Days on Market

Highlights

  • Private Waterfront
  • Home fronts a stream
  • Forced Air Heating System
  • 1 Fireplace

About This Home

As of March 2012

Extremely well cared for 4 unit in Saranac. Property has a park like setting with large shade trees, creek frontage and plenty of parking. The two downstairs apartments have two bedrooms and are a mirror image of each other. They also have hardwood floors, updated oak cupboards, laundry area, formal dining areas and large living rooms. The upstairs apartments have one bed, one bath and an open living area. The building has a fantastic rental history. The apartments rent for $550 and $300.

Last Agent to Sell the Property

Gary Hubbard

Coldwell Banker Professionals License #6501284928 Listed on: 12/08/2011

Last Buyer's Agent

Donald Reedy

Reedy Realty LLC License #6502114876

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 234 x 186
  • Home fronts a stream
  • Private Waterfront
  • 186 Feet of Waterfront

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 1 Fireplace
  • Partial Basement

Parking

  • 8 Parking Spaces
  • Paved Parking

Outdoor Features

  • Water Access

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1908
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 234 x 186
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3707.0
  • Tax Info:Zoning3: multi-family
  • Waterfront Options:Water Access YN: Yes
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 186.0
  • Utilities Attached:Telephone Line: Yes
  • Roofing:Metal: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 119000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Metal
  • Water Body Name: Mill Creek
  • Waterfront Features: Stream, Waterfront
  • Waterfront: Yes
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Wall Furnace, Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Public Water Available, Public Sewer Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Dimensions: 234 x 186
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: multi-family
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3707.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2006
Sold by
Smith Jonathan R and Smith Jodie K
Bought by
Day Norman
Current Estimated Value
$277,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,300
Interest Rate
6.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2005
Sold by
Richard Properties Llc
Bought by
Smith Jonathan R and Smith Jodie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Day Norman $152,000 Chicago Title
Smith Jonathan R $142,500 Fatic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Norman $148,689
Closed Day Norman $119,300
Previous Owner Smith Jonathan R $114,000
Previous Owner Smith Jonathan R $28,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2012 03/29/12 Sold $111,000 -6.7% --
01/25/2012 01/25/12 Pending -- -- --
12/08/2011 12/08/11 For Sale $119,000 -- --
Source: Southwestern Michigan 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 $4,234 $130,600 $23,600 $107,000
2024 $2,175 $130,600 $23,600 $107,000
2023 $2,075 $115,200 $22,200 $93,000
2022 $1,976 $115,200 $22,200 $93,000
2021 $4,818 $77,300 $22,200 $55,100
2020 $1,907 $77,300 $22,200 $55,100
2019 $1,605 $77,000 $22,900 $54,100
2018 $4,600 $76,200 $25,000 $51,200
2017 $1,653 $76,200 $25,000 $51,200
2016 $1,605 $68,600 $26,400 $42,200
2015 -- $68,600 $26,400 $42,200
2014 $1,576 $64,800 $27,700 $37,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11063936

Southwestern Michigan Association of REALTORS®

APN: 021-130-000-235-00