NOT LISTED FOR SALE

Estimated Value: $222,000 - $269,836

4 Beds
2 Baths
2,353 Sq Ft
$104/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $92,500 $39 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,649/month

21 Days on Market

Highlights

  • 3 Acre Lot
  • Ranch Style House
  • Forced Air Heating System
  • Deck
  • Patio

About This Home

As of November 2019

Front house - 1650+sf, 3 Bedroom 1 full bath in Main house with new furnace, and a 2 car garage. Back House - 700+sf, 1.5 Bedroom, 1 bath in back house. Each house has its own separate utilities. Lots of space for parking and each home has its own fenced in yard! Good cash flow 2 home Deal! NOT a Foreclosure or Short Sale! FAST response to all offers. CALL LISTING AGENT FOR MORE DETAILS.

Last Agent to Sell the Property

Douglas Ferrell

Realty Executives Main St LLC License #6501342658 Listed on: 09/23/2019

Realty Executives Main St LLC

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 126x1042x128x1041

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2,353 Sq Ft Home
  • Crawl Space

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Liquid Propane Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01200207600

Community Details

Overview

  • 2 Units
  • Shadyside Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,971

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Assessment: 75
  • Year Built: 9999
  • State Equalized Value: 72800.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 2353
  • Total Sq Ft: 2353

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 126
  • Porch Type: Deck, Patio
  • Road Frontage Type: Gravel

Utilities

  • Heating Fuel: LP Gas/Propane, Natural Gas
  • Heating: Forced Air, Wall/Floor Furnace
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Schools

  • School District: Lapeer

Lot Info

  • List Price per Acre: 36633.3333
  • Lot Size Area: 3.00
  • Lot Dimensions: 126x1042x128x1041
  • Parcel Number: 01200207600
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1320

Tax Info

  • Tax Amount Summer: 480.0000
  • Tax Amount Winter: 1491.0000
  • Total Tax: 1971.0000
  • Taxable Value: 48847.0000

Multi Family

  • Gross Scheduled Income: 15840.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Dec 2, 2019
Sold by
De Wright And Lois J Wright Revocable Tr
Bought by
K & K Housing Llc
Seller's Agent
Douglas Ferrell
Realty Executives Main St LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$109,900
Sold Price
$92,500
Premium/Discount to List
-$17,400
-15.83%
Current Estimated Value
$244,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,959
Avg. Annual Appreciation
16.75%

Purchase Details

Listed on
Sep 23, 2019
Closed on
Nov 18, 2019
Sold by
De Wright And Lois J Wright Revocable Tr
Bought by
K & K Housing Llc
Seller's Agent
Douglas Ferrell
Realty Executives Main St LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$109,900
Sold Price
$92,500
Premium/Discount to List
-$17,400
-15.83%

Purchase Details

Closed on
Jun 21, 2007
Sold by
Wright Donald E and Wright Lois J
Bought by
Wright D E and Wright Lois J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2000
Sold by
Bodo Linda
Bought by
Wright Donald and Wright Lois

Purchase Details

Closed on
Dec 16, 1997
Bought by
Bodo Linda K

Purchase Details

Closed on
Mar 7, 1995
Sold by
Benson Karin
Bought by
Linda Bodo and Shelley Bodo
Source: Public Records

Range of Values:

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Average Value
Not Available
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
K & K Housing Llc $92,500 Cislo Title
K & K Housing Llc $92,500 Cislo Title
Wright D E -- --
Wright Donald E -- --
Wright Donald $139,900 --
Bodo Linda K -- --
Linda Bodo $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Donald E $109,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2019 11/18/19 Sold $92,500 -15.8% $39 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $109,900 -- $47 / 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 $3,919 $108,000 $0 $0
2024 $925 $106,700 $0 $0
2023 $883 $101,800 $0 $0
2022 $3,571 $86,900 $0 $0
2021 $3,344 $86,800 $0 $0
2020 $3,296 $82,600 $0 $0
2019 $2,016 $79,400 $0 $0
2018 $1,971 $72,800 $72,800 $0
2017 $1,860 $58,500 $0 $0
2016 $468 $57,900 $57,900 $0
2015 $2,013 $0 $0 $0
2014 $2,013 $54,700 $54,700 $0
2013 $2,013 $45,800 $45,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219098521

Realcomp

APN: 012-002-076-00