NOT LISTED FOR SALE

1305 S Vassar Rd Davison, MI 48423

Estimated Value: $273,000 - $358,000

7 Beds
4 Baths
3,096 Sq Ft
$98/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $215,000 $69 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,632/month

2 Days on Market

Highlights

  • 4.28 Acre Lot
  • Farmhouse Style Home
  • Laundry Facilities
  • Gates Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of December 2021

Great Davison 4-Unit is located on over 4 acres with outbuildings. No showings after 7 PM. This property is in the Davison School district and all the units are rented. Possible land splits available.

Last Agent to Sell the Property

Ron Walczak

RE/MAX Platinum - Grand Blanc License #6501231702 Listed on: 11/29/2021

RE/MAX Platinum - Grand Blanc

Last Buyer's Agent

Scott Myers

RE/MAX Grande License #RCO-6501186571

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1835

Lot Details

  • 4.28 Acre Lot
  • Lot Dimensions are 531.00x351.10

Parking

  • Unassigned Parking

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Stone Foundation
  • Poured Concrete
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,096 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0518300017

Property Details

Home Type

Multi-Family

Year Built

Built in 1835

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Farmhouse
  • Architecture Level: 2 Story
  • Year Built: 1835
  • State Equalized Value: 111200.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3096
  • Total Sq Ft: 3096
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Roof Material: Asphalt, Metal
  • Foundation Details: Crawl, Basement
  • Construction Materials: Aluminum, Wood
  • Exclusions: Yes
  • Foundation Materials: Block, Stone, Poured
  • Frontage Feet: 531
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Davison

Lot Info

  • Lot Size Area: 4.28
  • Lot Dimensions: 531.00X351.10
  • Parcel Number: 0518300017
  • Zoning: Residential

Rental Info

  • Rent Includes: Water/Sewer, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Monthly Rental Income: 2343

Tax Info

  • Tax Amount Summer: 919.0000
  • Tax Amount Winter: 4740.0000
  • Total Tax: 5659.0000
  • Taxable Value: 79588.0000

Multi Family

  • Gross Scheduled Income: 28120.00
  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 3
  • Number Of Units Leased: 4

MLS Schools

  • School District: Davison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Dec 14, 2021
Sold by
Leopard And Polarbear Properties Llc
Bought by
Pineoak Homes Llc
Seller's Agent
Ron Walczak
RE/MAX Platinum - Grand Blanc
Buyer's Agent
Scott Myers
RE/MAX Grande
List Price
$229,000
Sold Price
$215,000
Premium/Discount to List
-$14,000
-6.11%
Current Estimated Value
$277,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,392
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
Mar 21, 2018
Sold by
Duncan Kenneth J and Duncan Marilyn
Bought by
Leopard And Polarbear Properties Llc

Purchase Details

Closed on
Aug 4, 2014
Sold by
Leopard & Polarbear Properties Llc
Bought by
Duncan Kenneth J and Duncan Marilyn

Purchase Details

Closed on
Feb 4, 2000
Sold by
Lehman Donald and Lehman Joyce
Bought by
Duncan Kenneth J and Duncan Marilyn
Source: Public Records

Range of Values:

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Average Value
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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
Pineoak Homes Llc $215,000 None Listed On Document
Leopard And Polarbear Properties Llc $140,000 Mason Burgess Title Co
Duncan Kenneth J -- Sargents Title Company
Duncan Kenneth J -- Sargents Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $215,000 -6.1% $69 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $229,000 -- $74 / 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 $1,361 $142,400 $0 $0
2023 $1,299 $112,875 $0 $0
2022 $6,233 $115,900 $0 $0
2021 $5,818 $111,200 $0 $0
2020 $909 $107,700 $0 $0
2019 $894 $91,800 $0 $0
2018 $5,051 $81,300 $0 $0
2017 $4,883 $81,300 $0 $0
2016 $4,776 $78,600 $0 $0
2015 -- $72,800 $0 $0
2012 -- $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210097524

Realcomp

APN: 05-18-300-017