NOT LISTED FOR SALE

12953 Lance Rd Three Rivers, MI 49093

Estimated Value: $386,470 - $442,000

Studio
-- Bath
-- Sq Ft
42,314 Sq Ft Lot

Sale Details

Date Sold: December 16, 2021

Last sale price $305,000

Est. 34% increase in value since last sale

Current estimated payment $2,319 / mo

102 Days on Market

About This Home

As of December 2021

Extremely Nice 4 unit with EASEMENT to Pleasant Lake. Beautifully updated and ALWAYS rented, and a waiting list. Identical units, 2BR, 1Bath 780sq ft. The easement allows for ingress/egress w/boat launch. Please NOTE.... 48hr notice for appointments, and we may not be able to get you into All units. That being said the pictures and condition of All units are very similar.

Last Agent to Sell the Property

Rich Olson

Michigan Lakes Real Estate Team License #6501381323 Listed on: 09/24/2021

Last Buyer's Agent

David Howard

CENTURY 21 C. Howard License #6504113599

CENTURY 21 C. Howard

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,372

Year Built

  • Built in 1965

Lot Details

  • 42,315 Sq Ft Lot
  • Lot Dimensions are 155 x273

Property Views

  • Water Views

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Parking

  • 8 Parking Spaces
  • Gravel Driveway

Utilities

  • Radiant Heating System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for sewer, trash collection, water

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,375
  • Maintenance Expense $2,000
  • Utility Expense $600
  • Gross Income $28,800

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,372

Year Built

Built in 1965

Lot Details

0.97 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1965
  • General Property Info:Basement: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 295000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Pleasant Lake
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel
  • Total Parking Spaces: 8.0

Utilities

  • Heating: Radiant
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Electricity Available
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.9714
  • Lot Size Area: 0.97
  • Lot Dimensions: 155 x273
  • Lot Size Sq Ft: 42315.0

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 28800.0
  • Insurance Expense: 1375.0
  • Maintenance Expense: 2000.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2372.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Dec 16, 2021
Sold by
Scott Wanda A and Davis Family Trust
Bought by
Baker Joseph
Seller's Agent
Rich Olson
Michigan Lakes Real Estate Team
Buyer's Agent
David Howard
CENTURY 21 C. Howard
Sold Price
$305,000
Current Estimated Value
$409,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,868
Avg. Annual Appreciation
7.08%
Original Mortgage
$19,380
Outstanding Balance
$17,825
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$392,043

Purchase Details

Closed on
Aug 10, 2004
Sold by
Davis Lyle R and Davis David Geneva
Bought by
Davis Lyle R and Davis Geneva L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Baker Joseph $305,000 Accommodation
Davis Lyle R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Joseph $19,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2021 12/16/21 Sold $305,000 +1.7% --
10/01/2021 10/01/21 Pending -- -- --
09/24/2021 09/24/21 For Sale -- -- --
08/26/2021 08/26/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $300,000 -- --
Source: MichRIC

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 $1,566 $189,300 $9,600 $179,700
2024 $1,523 $173,900 $9,500 $164,400
2023 $1,452 $149,400 $5,800 $143,600
2022 $1,383 $131,400 $5,200 $126,200
2021 $2,186 $96,400 $5,000 $91,400
2020 $0 $97,300 $4,700 $92,600
2019 $678 $95,700 $4,700 $91,000
2018 $2,651 $93,800 $4,700 $89,100
2017 $2,612 $90,400 $90,400 $0
2016 -- $86,600 $86,600 $0
2015 -- $79,300 $0 $0
2014 -- $78,300 $78,300 $0
2012 -- $85,300 $85,300 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rich Olson

    Michigan Lakes Real Estate Team

    Section Image
  • David Howard

    Buyer's Agent in 2021

    David Howard

    CENTURY 21 C. Howard

    (269) 207-4228

    149 Total Sales

    David Howard
    Section Image
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Map

Source: MichRIC

MLS Number: 21023717

MichRIC

APN: 004-240-011-00

Michigan St. Joseph County Three Rivers 49093

12953 Lance Rd, Three Rivers, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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