Seller's Agent in 2023
Kevin Johnston
Casablanca Real Estate Company, LLC
(248) 880-8931
34 Total Sales
1298 E Highland Rd Highland, MI 48356
Highland Area
5
Beds
8
Baths
4,675
Sq Ft
3.68
Acre Lot
Highlights
- Private Waterfront
- 3.68 Acre Lot
- Forced Air Heating System
- Home fronts a pond
- Craftsman Architecture
- Dogs and Cats Allowed
About This Home
As of August 2023Amazing opportunity to purchase an income producing water front asset! 8 Apartment units are spread between 2 separate buildings. There are (5) 1 bed/1 bath units, plus (3) studio units that have all been recently upgraded with new paint, flooring, carpet, cabinets, appliances, and more. New roof in 2020, new well, and other recent major upgrades. Each unit has a full bathroom and private entrance. On site parking lot and individual electric meters allow for ease of management, plus recently upgraded and inspected private well and septic systems result in low utility costs. Value add opportunities exist with creating AirBnb STRs (highlighting the water front), on site laundry systems (room to install in maintenance areas), increasing to market rents (details in attached document, OM), and switching utilities into tenant's names. Currently, units are leased with several leases expiring in late 2023. Income projections are shown at full occupancy with market stabilized rents. Contact LA directly for offering memorandum showing detailed financials, property projections, and more. Buyer's agent to verify all information.
Last Agent to Sell the Property
Casablanca Real Estate Company, LLC License #6504431704 Listed on: 02/15/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1974 | Remodeled in 2023
Lot Details
- 3.68 Acre Lot
- Home fronts a pond
- Private Waterfront
- 200 Feet of Waterfront
- Lake Front
Home Design
- Triplex
- Craftsman Architecture
- Contemporary Architecture
- Farmhouse Style Home
- Brick Exterior Construction
- Poured Concrete
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 8 Full Bathrooms
- 4,675 Sq Ft Home
- 2-Story Property
- Carbon Monoxide Detectors
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Parking
- 10 Parking Spaces
- Paved Parking
Outdoor Features
- Exterior Lighting
- Breezeway
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Separate Meters
- Separate Water Meter
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1123304002
Community Details
Overview
- 8 Units
Pet Policy
- Dogs and Cats Allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 2, 2025
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
0.0663%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 15, 2023
Closed on
Aug 30, 2023
Sold by
Bought by
Seller's Agent
Kevin Johnston
Casablanca Real Estate Company, LLC
Buyer's Agent
Jim Shaffer
Good Company
List Price
$675,000
Sold Price
$525,000
Premium/Discount to List
-$150,000
-22.22%
Views
561
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
0.0678%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 10, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
0.053%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 4, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
0.028%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 30, 2008
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Title Connect | ||
| $525,000 | Liberty Title | ||
| $535,000 | Liberty Title | ||
| $299,000 | Liberty Title | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $555,000 | ||
| Closed | $555,000 | ||
| Previous Owner | $440,000 | ||
| Previous Owner | $402,500 | ||
| Previous Owner | $224,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $525,000 | -4.5% | $112 / Sq Ft |
| 07/11/2023 07/11/23 | Price Changed | $550,000 | -7.6% | $118 / Sq Ft |
| 06/02/2023 06/02/23 | Price Changed | $595,000 | -4.8% | $127 / Sq Ft |
| 05/17/2023 05/17/23 | Price Changed | $625,000 | -3.8% | $134 / Sq Ft |
| 04/28/2023 04/28/23 | Price Changed | $650,000 | -3.7% | $139 / Sq Ft |
| 02/15/2023 02/15/23 | For Sale | $675,000 | -- | $144 / Sq Ft |
Source: Realcomp
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,829 | $167,310 | $0 | $0 |
| 2024 | $5,702 | $140,860 | $0 | $0 |
| 2023 | $5,025 | $124,040 | $0 | $0 |
| 2022 | $5,269 | $105,200 | $0 | $0 |
| 2021 | $4,039 | $96,390 | $0 | $0 |
| 2020 | $3,282 | $91,700 | $0 | $0 |
| 2019 | $3,926 | $89,370 | $0 | $0 |
| 2018 | $3,844 | $83,310 | $0 | $0 |
| 2015 | -- | $76,910 | $0 | $0 |
| 2014 | -- | $74,710 | $0 | $0 |
| 2011 | -- | $87,210 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Johnston
-
Jim Shaffer
Buyer's Agent in 2023
Jim Shaffer
Good Company
(248) 834-3030
3,590 Total Sales
Map
Source: Realcomp
MLS Number: 20230010629
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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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