NOT LISTED FOR SALE

132 S Main St Olivet, MI 49076

Estimated Value: $205,000 - $213,226

4 Beds
2 Baths
2,200 Sq Ft
$95/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $171,000 $78 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,563/month

9 Days on Market

Highlights

  • Laundry in multiple locations
  • Forced Air Heating System
  • Wood Siding

About This Home

As of February 2023

Welcome home to Beautiful 132 S. Main St in Olivet. This duplex offers 2 separate units, with 2 Bedrooms and 1 full Bath in each unit. This is a great opportunity for a primary residence or also an income property. It is currently vacant and ready for new tenants. Each unit was last rented for $1,000/month. Updates include exterior completely repainted November 2022, fresh paint throughout, updated kitchen, appliances, large lot, and updated baths, Great location in the vicinity of Olivet College, shopping, and Highway. Utilities are currently separated, with 2 meters, 2 furnaces, and 2 water heaters. This investment opportunity is turn key and ready to go for its next owner. This investment opportunity will NOT last! Do NOT miss out on this beautiful Duplex! Schedule your showings today!

Last Agent to Sell the Property

Jordon Fletcher

Keller Williams Realty Lansing License #6501384426 Listed on: 01/06/2023

Keller Williams Realty Lansing

Last Buyer's Agent

Julie Baker

RE/MAX Real Estate Professionals License #6501397957

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,695

Year Built

  • Built in 1883

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 82x379

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Michigan Basement
  • Laundry in multiple locations

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,695

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Tax Year: 2020
  • Levels: Two
  • Year Built: 1883
  • Lot Size Acres: 0.72
  • Lot Size: 82x379
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2200.0
  • Architectural Style: Multi-Story
  • General Property Info:Lot Size Dimensions: 82x379
  • General Property Info:Above Grade Finished Area: 2200.0
  • Laundry Features:Main Level: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Wood Siding: Yes
  • Laundry Features:Upper Level: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 2695.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Architectural Style:Multi-Story: Yes
  • Water Heater:Electric Water Heater2: Yes
  • Laundry Features:Multiple Locations: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas, Separate Meters
  • Property Type: Resid/Multi-Family
  • Basement:Michigan: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Shingle
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Construction Type: Wood Siding

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Unimproved, No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Electric Water Heater
  • Cooling: None
  • LaundryFeatures: In Unit, Main Level, Multiple Locations, Upper Level
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Separate Meters: Yes

Schools

  • Junior High Dist: Olivet

Lot Info

  • Lot Size Sq Ft: 31319.64
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 9679

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Feb 3, 2023
Sold by
Marjorie A Huva Trust
Bought by
Sacul Group Llc
Seller's Agent
Jordon Fletcher
Keller Williams Realty Lansing
Buyer's Agent
Julie Baker
RE/MAX Real Estate Professionals
List Price
$185,000
Sold Price
$171,000
Premium/Discount to List
-$14,000
-7.57%
Views
40
Current Estimated Value
$210,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,057
Avg. Annual Appreciation
5.57%

Purchase Details

Closed on
Dec 22, 2010
Sold by
Huva Marjorie A and Huva David W
Bought by
Huva Marjorie A and The Marjorie A Huva Trust #1
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
Sacul Group Llc $171,000 --
Huva Marjorie A -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $171,000 -7.6% $78 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $185,000 -- $84 / Sq Ft
Source: Greater Lansing Association 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 $5,314 $96,500 $0 $0
2024 $2,031 $78,828 $0 $0
2023 $2,957 $71,977 $0 $0
2022 $1,734 $62,167 $0 $0
2021 $2,716 $57,286 $0 $0
2020 $2,694 $54,675 $0 $0
2019 $1,614 $48,910 $0 $0
2018 $0 $45,210 $0 $0
2017 -- $43,120 $0 $0
2016 -- $38,894 $0 $0
2015 -- $38,379 $0 $0
2014 -- $36,890 $0 $0
2013 -- $39,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 270713

Greater Lansing Association of Realtors®

APN: 600-000-601-006-00