NOT LISTED FOR SALE

Estimated Value: $128,000 - $162,000

5 Beds
4 Baths
2,766 Sq Ft
$51/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $112,000 $40 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,123/month

20 Days on Market

Highlights

  • Covered patio or porch
  • Baseboard Heating
  • Private Entrance

About This Home

As of August 2022

Big money producing 4-unit rental property! $3000 per month total. Most current leases are month-to-month and rents include gas and water bills, tenants pay electric bills. Large 2 BR upper unit-$900, 3 units on main floor all 1-BRs- $600, $750 and $750. Separate basement entrance for most mechanicals. Property zoned A1-multi family/residential.

Last Agent to Sell the Property

Tom Schrader

KW Platinum Port Huron License #6501300197 Listed on: 07/15/2022

KW Platinum Port Huron

Last Buyer's Agent

Unidentified Agent

Unidentified Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1908

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 60.00 x 75.00
  • Private Entrance

Parking

  • 2 Parking Spaces

Home Design

  • Quadruplex
  • Brick Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 2,766 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74067430669000

Community Details

Overview

  • 4 Units
  • White Plat Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,130

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 25.00
  • Year Built: 1908
  • State Equalized Value: 52400.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2766
  • Total Sq Ft: 2766
  • Sq Ft Total Bsmt: 1383

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 135
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: NE

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Fee Information

  • Operating Expense: 8675.00

Schools

  • School District: Port Huron

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 60.00 x 75.00
  • Parcel Number: 74067430669000
  • Zoning: Multi-Family, Residential

Rental Info

  • Rent Includes: Heat, Water/Sewer, Water
  • Monthly Rental Income: 3000

Tax Info

  • Tax Amount Summer: 2005.0000
  • Tax Amount Winter: 125.0000
  • Total Tax: 2130.0000
  • Taxable Value: 33985.0000

Multi Family

  • Gross Scheduled Income: 36000.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 3
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Port Huron

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 30, 2022
Sold by
Legacy Enterprises Group Llc
Bought by
Dharry Elton F and Dharry Naleenee D
Seller's Agent
Tom Schrader
KW Platinum Port Huron
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$129,900
Sold Price
$112,000
Premium/Discount to List
-$17,900
-13.78%
Views
1
Current Estimated Value
$142,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,380
Avg. Annual Appreciation
7.66%
Original Mortgage
$82,500
Outstanding Balance
$79,349
Interest Rate
5.22%
Mortgage Type
FHA
Estimated Equity
$58,370

Purchase Details

Listed on
Feb 13, 2022
Closed on
Feb 15, 2022
Sold by
John Tenniswood William
Bought by
Legacy Enterprises Group Llc
Seller's Agent
Tom Schrader
KW Platinum Port Huron
Buyer's Agent
Tom Schrader
KW Platinum Port Huron
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.64%
Source: Public Records

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Range of Values:

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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
Dharry Elton F $112,000 Liberty Title
Legacy Enterprises Group Llc $500,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dharry Elton F $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $112,000 -13.8% $40 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $129,900 +36.7% $47 / Sq Ft
02/15/2022 02/15/22 Sold $95,000 0.0% $33 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/13/2022 02/13/22 For Sale $95,000 -- $33 / 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 $3,959 $72,500 $0 $0
2023 $3,749 $64,500 $0 $0
2022 $2,230 $58,800 $0 $0
2021 $2,129 $52,400 $0 $0
2020 $2,138 $45,900 $45,900 $0
2019 $2,099 $33,900 $0 $0
2018 $2,052 $33,900 $0 $0
2017 $1,883 $32,700 $0 $0
2016 $1,679 $32,700 $0 $0
2015 $1,648 $31,900 $31,900 $0
2014 $1,648 $30,600 $30,600 $0
2013 -- $30,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221017293

Realcomp

APN: 06-743-0669-000