NOT LISTED FOR SALE

140 W McHattie St South Lyon, MI 48178

Estimated Value: $242,000 - $291,192

4 Beds
2 Baths
1,607 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $145,000 $90 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,857/month

4 Days on Market

Highlights

  • Porch
  • 1-Story Property
  • Baseboard Heating

About This Home

As of May 2017

***MULTIPLE OFFERS HIGHEST AND BEST DUE MONDAY 4/17/17 BY 8:00 PM***

AMAZING OPPORTUNITY TO OWN TURNKEY 2-UNIT RENTAL PROPERTY IN INCREDIBLE LOCATION THAT IS WALKING DISTANCE TO DOWNTOWN SOUTH LYON AND MCHATTIE PARK! EACH UNIT HAS 2 BEDS, 1 BATH WITH SPACIOUS FAMILY ROOM THAT OPENS TO KITCHEN AND DINING AREA. OWNER HAS DONE INCREDIBLE JOB MAINTAINING PROPERTY. TOO MANY UPDATES TO LIST INCLUDING: NEWER DISHWASHER (2014), DISPOSAL (2014), CARPET (2013), PAINT (2013), AND BOILER IN UNIT 150; NEW HOT WATER HEATER (2017), CARPET (2017), STOVE (2016), BOILER (2013), AND NEWER A/C IN UNIT 140; AND NEWER ROOF (2009)! REFRIGERATOR, STOVE, DISPOSAL, AND DISHWASHER ALL STAY IN BOTH UNITS! 24 HOUR NOTICE REQUIRED TO SHOW TO ALLOW AMPLE TIME FOR TENANTS. PLEASE DO NOT APPROACH TENANTS OR PROPERTY WITHOUT CONFIRMED SHOWING.

Last Agent to Sell the Property

Steve Lauderbaugh

Metropolitan Real Estate Group License #6501393901 Listed on: 04/14/2017

Co-Listed By

Kelly Lauderbaugh

Metropolitan Real Estate Group License #6501380392

Last Buyer's Agent

Kim Beneteau

Howard Hanna License #6501375651

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1987

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 66x127.59

Parking

  • Paved Parking

Home Design

  • Duplex
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,607 Sq Ft Home
  • 1-Story Property

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Calkin's Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2130231023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,469

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Assessment: 1.68
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1607
  • Total Sq Ft: 1607

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Aluminum
  • Exclusions: Yes
  • Foundation Materials: Block
  • Frontage Feet: 66
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: South Lyon

Lot Info

  • List Price per Acre: 736315.7895
  • Lot Size Area: 0.19
  • Lot Dimensions: 66X127.59
  • Parcel Number: 2130231023
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 3423.0000
  • Tax Amount Winter: 46.0000
  • Total Tax: 3469.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2018
Sold by
Dragomir Traian and Dragomir Mioara
Bought by
Dragomir Traian and Dragomir Mioara
Current Estimated Value
$269,325

Purchase Details

Listed on
Apr 14, 2017
Closed on
May 5, 2017
Sold by
Weyer Irene
Bought by
Dragomir Traian and Dragomir Micara
Seller's Agent
Steve Lauderbaugh
Metropolitan Real Estate Group
Buyer's Agent
Kim Beneteau
Howard Hanna
List Price
$139,900
Sold Price
$145,000
Premium/Discount to List
$5,100
3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
Dec 19, 2014
Sold by
Weyer Irene and Weyer Herbert
Bought by
Weyer Irene M and Bach Nicole
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
Dragomir Traian -- Liberty Title
Dragomir Traian $145,000 Title Source Inc
Weyer Irene M -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2017 07/18/17 Off Market $145,000 -- --
05/05/2017 05/05/17 Sold $145,000 +3.6% $90 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $139,900 -- $87 / 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 $4,678 $99,860 $0 $0
2023 $4,410 $99,280 $0 $0
2022 $4,246 $90,520 $0 $0
2021 $4,062 $84,360 $0 $0
2020 $3,956 $77,320 $0 $0
2019 $3,994 $71,810 $0 $0
2018 $3,894 $66,170 $0 $0
2017 $3,498 $66,090 $0 $0
2016 $3,469 $63,450 $0 $0
2015 -- $61,850 $0 $0
2014 -- $56,950 $0 $0
2011 -- $56,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217025787

Realcomp

APN: 21-30-231-023