Seller's Agent in 2024
Brady Williams
Greater Development LLC
(360) 989-5395
1 in this area
8 Total Sales
12911 Fenton Heights Blvd Fenton, MI 48430
40
Beds
40
Baths
24,984
Sq Ft
22.82
Acres
Highlights
- 22.82 Acre Lot
- Forced Air Heating System
- Dogs Allowed
- Craftsman Architecture
- 24 Car Garage
About This Home
As of November 2024Creekside Heights is a stabilized 24 unit apartment building located in Fenton, MI. 16 of the units are two bedroom two bath (1,100 square feet), 4 units are two bedroom one bath (900 square feet) and 4 of the units are one bedroom one bath (800 square feet). The property sits on 23 acres and is zoned by right to develop and additional 86 units. The property is 100% occupied grossing $28,300 per month.
The property was built in 1989. Two of the buildings are 100% wood siding, and the other has a brick lower level and vinyl siding second level. The roofs are roughly 10 years old. Each unit is separately metered for electricity, so the tenants pick up those bills. There is a water bill back to the tenants, but paid by the landlord. The water and sewer system is through a wastewater treatment facility that is maintained by the owner. The only utility the owner has to pay for is common electric and trash. Each unit has its own washer and dryer for the tenant use (landlord owned) which is a huge amenity compared to what is available in the immediate area. Each unit has its own private entrance. There are 16 private garages that is assigned to tenants, along with a covered parking area for about 11 cars. There are roughly 40 parking spaces for the apartment building.
The three buildings are on 23 acres. The current owner has preliminary plans to develop and build an additional 72 units on the property plus a clubhouse. The buildings are townhome style with individual garages. All of the plans and preliminary drawings are included in the sale of the property.
Last Agent to Sell the Property
Greater Development LLC License #6501413257 Listed on: 08/27/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1989 | Remodeled in 2020
Lot Details
- 22.82 Acre Lot
- Lot Dimensions are 204000 x 204000
Parking
- 24 Car Garage
Home Design
- Craftsman Architecture
- Brick Foundation
- Vinyl Construction Material
Interior Spaces
- 40 Full Bathrooms
- 24,984 Sq Ft Home
- 2-Story Property
- Partially Finished Basement
Utilities
- Forced Air Heating System
- Wall Furnace
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 0411200038
Community Details
Overview
- 24 Units
Pet Policy
- Dogs Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2024
Closed on
Nov 13, 2024
Sold by
Creekside At Fenton Heights Llc
Bought by
Creekside Heights Llc
Seller's Agent
Brady Williams
Greater Development LLC
Buyer's Agent
Brady Williams
Greater Development LLC
List Price
$3,075,000
Sold Price
$2,800,000
Premium/Discount to List
-$275,000
-8.94%
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.11%
Original Mortgage
$2,212,500
Outstanding Balance
$2,200,195
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$639,825
Purchase Details
Closed on
Nov 16, 2020
Sold by
Fenton Heights Apartments Llc
Bought by
Creekside At Fenton Heights Ll
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,840,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 6, 2020
Sold by
Fenton Height Apartments Llc
Bought by
Creekside At Fenton Heights Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,840,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2018
Sold by
Gteat Lakes Properties
Bought by
Fenton Heights Apartments
Purchase Details
Closed on
Nov 23, 1999
Sold by
Schafer Gerald F
Bought by
Gerald F Schafer Trust
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Livingston Title Agency | |
| Warranty Deed | -- | New Title Company Name | |
| Interfamily Deed Transfer | -- | Amrock Llc | |
| Quit Claim Deed | $110,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,212,500 | New Conventional | |
| Previous Owner | $1,840,000 | New Conventional | |
| Previous Owner | $1,840,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Price Changed | $1,425 | +21.3% | $1 / Sq Ft |
| 05/30/2025 05/30/25 | Price Changed | $1,175 | -4.1% | $1 / Sq Ft |
| 05/02/2025 05/02/25 | Price Changed | $1,225 | 0.0% | $1 / Sq Ft |
| 11/20/2024 11/20/24 | Sold | $2,800,000 | -8.9% | $112 / Sq Ft |
| 09/11/2024 09/11/24 | Pending | -- | -- | -- |
| 08/27/2024 08/27/24 | For Sale | $3,075,000 | 0.0% | $123 / Sq Ft |
| 06/01/2021 06/01/21 | For Rent | $1,050 | -- | -- |
Source: Realcomp
Tax History Compared to Growth
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 | $31,596 | $1,105,700 | $0 | $0 |
| 2023 | $30,119 | $1,222,300 | $0 | $0 |
| 2022 | $14,886 | $1,014,000 | $0 | $0 |
| 2021 | $14,886 | $950,000 | $0 | $0 |
| 2020 | $14,886 | $1,014,000 | $0 | $0 |
| 2019 | $14,676 | $1,040,100 | $0 | $0 |
| 2018 | $14,399 | $925,300 | $0 | $0 |
| 2017 | $14,182 | $925,300 | $0 | $0 |
| 2016 | $14,072 | $347,100 | $0 | $0 |
| 2014 | -- | $306,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brady Williams
Map
Source: Realcomp
MLS Number: 20240063777
APN: 04-11-200-038
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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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