NOT LISTED FOR SALE

1315 Euler Rd Brighton, MI 48114

Estimated Value: $317,000 - $605,000

5 Beds
3 Baths
1,252 Sq Ft
$345/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $220,000 $176 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,761/month

2 Days on Market

Highlights

  • Private Waterfront
  • Lake Privileges
  • Ranch Style House
  • 5 Acre Lot
  • Deck
  • Water Softener is Owned

About This Home

As of July 2021

These properties are currently rented. Serious qualified parties only. Property and homes are being sold AS-IS. Great investment opportunity or make this property into a stunning home site. Excellent location, quiet country setting with Private lake access yet close to shopping and conveniences in beautiful Brighton. Waiting for you to decide if it is an income generator or your very own sanctuary. Only you and 2 others own and have access to the private spring fed lake. Wildlife is abundant and great fishing to be had. What say you?
Multiple offers - highest and best by Sunday evening...extended to Monday at 2pm.
All showings must be made with licensed real estate agent and accompanied by. Buyer to verify all information, uses and do their own due diligence.
Tenants pay all utility, mowing, and snow removal. Main home and 2nd home are currently month to month. 3rd home 1315 C (furthest south) has a lease until fall of 2021.

Last Agent to Sell the Property

Dori Berean

3DX Real Estate-Brighton License #6501262181 Listed on: 02/26/2021

3DX Real Estate-Brighton

Last Buyer's Agent

Faye Rowland

Coldwell Banker Realty License #6501412664

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1950 | Remodeled in 2019

Lot Details

  • 5 Acre Lot
  • Private Waterfront
  • 46 Feet of Waterfront
  • Lake Front

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 1,252 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Sump Pump

Parking

  • 10 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Lake Privileges
  • Deck

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Liquid Propane Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 1112100010
  • $1,500 Seller Concession

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,228

Year Built

Built in 1950 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 435
  • Year Built: 1950
  • State Equalized Value: 108500.0000
  • Year Renovated: 2019
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Water Softener (owned)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1252
  • Total Sq Ft: 1252
  • Sq Ft Total Bsmt: 500

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Patton's Pond
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Deck
  • Road Frontage Type: Gravel
  • Sideof Street: E
  • Water Frontage Feet: 46.00
  • Waterfront Description: Lake Front, Lake Privileges, Private Water Frontage, Water Front

Garage/Parking

  • MF Parking: Assigned Spaces, Carports
  • Total Parking Spaces: 10

Utilities

  • Heating Fuel: LP Gas/Propane
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Hot Water
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: LP Gas/Propane
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Schools

  • School District: Howell

Lot Info

  • List Price per Acre: 47986.2000
  • Lot Size Area: 5.00
  • Lot Dimensions: irregular
  • Parcel Number: 1112100010
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 3500

Tax Info

  • Tax Amount Summer: 1491.0000
  • Tax Amount Winter: 737.0000
  • Total Tax: 2228.0000
  • Taxable Value: 42817.0000

Multi Family

  • Gross Scheduled Income: 42000.00
  • Number Of Units Total: 3
  • Unit Count: 3
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 3

MLS Schools

  • School District: Howell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Letcher Brandon
Bought by
1315 Euler Road Llc
Current Estimated Value
$432,190

Purchase Details

Closed on
Dec 13, 2021
Sold by
1315 Eulerroad Llc
Bought by
Latcher Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2021
Closed on
Jul 14, 2021
Sold by
Oliveto Joyce
Bought by
1315 Euler Road Llc
Seller's Agent
Dori Berean
3DX Real Estate-Brighton
Buyer's Agent
Faye Rowland
Coldwell Banker Realty
List Price
$239,931
Sold Price
$220,000
Premium/Discount to List
-$19,931
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.67%
Original Mortgage
$165,000
Interest Rate
2.93%
Mortgage Type
Commercial
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
1315 Euler Road Llc -- None Listed On Document
Latcher Brandon -- None Available
1315 Euler Road Llc $220,000 Select Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Latcher Brandon $179,000
Previous Owner 1315 Euler Road Llc $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $220,000 -8.3% $176 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $239,931 -- $192 / 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
2025 $5,751 $158,500 $0 $0
2024 $4,284 $147,600 $0 $0
2023 $4,086 $126,000 $0 $0
2022 $2,228 $106,700 $0 $0
2021 $2,228 $111,300 $0 $0
2020 $2,228 $108,500 $0 $0
2019 $2,186 $106,700 $0 $0
2018 $1,828 $101,800 $0 $0
2017 $1,790 $101,800 $0 $0
2016 $1,774 $91,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210011553

Realcomp

APN: 11-12-100-010