NOT LISTED FOR SALE

1306 N 2nd Ave Alpena, MI 49707

Estimated Value: $122,000 - $151,000

Studio
-- Bath
3,092 Sq Ft
$45/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $77,000 $25 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $877/month

16 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 3-minute walk to McRae Park

About This Home

As of November 2018

Great investment opportunity with this well maintained 4 apartment building in a convenient location. Each unit has refrigerator & range included. Live in one unit & rent the others, make enough rent to pay your mortgage.

Last Agent to Sell the Property

Amanda Hunt

Banner Realty License #6501373375 Listed on: 09/04/2018

Last Buyer's Agent

Lori Stephan

Real Estate One of Alpena License #6502348951

Real Estate One of Alpena

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 74x132

Home Design

  • Quadruplex
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,092 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Carpet
  • Fire and Smoke Detector

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Alpena Elementary School
  • Alpena High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • The owner pays for fuel, sewer, water

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Electric: Separate
  • Directions: Corner 2nd to Hueber
  • Garage Yn: No
  • Lot Size: 74x132
  • Open House Office I D: 20091208175723238306000000
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: MI
  • Building Style: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Yes
  • Windows: Vinyl
  • AppliancesAndEquipmt: Electric Range, Refrigerator
  • BasementSpecifics: Full Basement, Outside Entrance, Stone Foundation
  • Type Of Business: Income Property
  • Foreclosure: N
  • In City Limits: Yes
  • Interior Amenities: Cable, Carpet, Smoke Detector
  • Laundry: None
  • Basement Type: Fourplex

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage Stall: 0

Utilities

  • Water Heater: Gas
  • Cooling System: None
  • Fuel: Natural Gas
  • Heating Air: Forced Air, Natural Gas
  • Sewer: Municipal
  • Hot Water: Municipal

Schools

  • School District: Alpena
  • Schools Elementary School: Alpena
  • Schools High School: Alpena
  • Elem School Dist Number: 1306

Rental Info

  • Util Pd By Owner: Fuel, Sewer, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Nov 30, 2018
Sold by
Creamer Wayne M
Bought by
Krussell Matthew and Krussell Michelle
Seller's Agent
Amanda Hunt
Banner Realty
Buyer's Agent
Lori Stephan
Real Estate One of Alpena
Sold Price
$77,000
Current Estimated Value
$138,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,047
Avg. Annual Appreciation
8.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Krussell Matthew $77,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $77,000 -- $25 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
Source: Water Wonderland Board 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 $1,870 $58,700 $0 $0
2024 $1,781 $45,300 $0 $0
2023 $1,730 $38,800 $0 $0
2022 $1,879 $36,500 $0 $0
2021 $1,832 $34,500 $34,500 $0
2020 $1,809 $31,200 $0 $0
2019 $1,751 $29,400 $0 $0
2018 $1,639 $28,400 $0 $0
2017 $1,456 $29,800 $0 $0
2016 $1,447 $28,200 $0 $0
2015 $191 $27,100 $0 $0
2013 $265 $26,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amanda Hunt

    Seller's Agent in 2018

    Amanda Hunt

    Banner Realty

    (989) 464-7209

    37 in this area

    179 Total Sales

    Amanda Hunt
    Section Image
  • Lori Stephan

    Buyer's Agent in 2018

    Lori Stephan

    Real Estate One of Alpena

    (989) 355-3772

    212 in this area

    431 Total Sales

    Lori Stephan
    Section Image
See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 315832

Water Wonderland Board of REALTORS®

APN: 092-177-000-022-00

Michigan Alpena County Alpena 49707

1306 N 2nd Ave, Alpena, MI

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Water Wonderland Board of REALTORS® The data relating to real estate on this web site comes in part from the Internet
Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate
listings held by brokerage firms other than Ten-X are marked with the WWLX
logo and the detailed information about said listing includes the listing office.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Ten-X shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Water Wonderland MLS, Inc © All rights reserved.

WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes