NOT LISTED FOR SALE

1400 W Division St Cadillac, MI 49601

Estimated Value: $129,675 - $180,000

4 Beds
2 Baths
1,600 Sq Ft
$102/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $75,000 $47 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,069/month

13 Days on Market

About This Home

As of June 2017

Nice duplex offering 2 bedroom/1 bath unit on the main level and another 2 bedroom/1 bath unit on the upper level. Located on the edge of town yet close to everything. City services. Buy as an investment rental or buy to live in one unit and rent the other. Good income stream! Tenants pay all utilities (separate meters).

Last Agent to Sell the Property

Daniella Bell

Coldwell Banker Schmidt-Cadillac License #6506038329 Listed on: 05/02/2017

Coldwell Banker Schmidt-Cadillac

Last Buyer's Agent

Barry Fall

ERA Greater North Properties License #6502354305

ERA Greater North Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,419

Year Built

  • Built in 1994

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 109 x 125
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Net Operating Income $7,985

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,419

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (2 Story)
  • Style: 2 Story, Duplex
  • Estimated Year Built: 1994
  • Construction: Frame
  • Section Number: 32
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher
  • Price Per Sq Ft: 46.88
  • Range: R 9W
  • Total Finished Sf Apx: 1600

Exterior Features

  • Exterior Features: Deck
  • Exterior Finish: Vinyl Siding
  • Foundation: Block
  • Number Of Acres: 0.31
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Municipal
  • Heating Cooling Type: Forced Air

Schools

  • School District: Cadillac Area Public Schools

Lot Info

  • Lot Dimensions: 109 x 125
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Multi-Family

Green Features

  • Renewable: Energy Star-Rated Furnace

Tax Info

  • Summer Taxes: 953.14
  • Taxable Value: 22825
  • Total Taxes: 1418.76
  • Winter Taxes: 465.62
  • Year Summer: 2016
  • Year Winter: 2016

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Cadillac Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2018
Sold by
Outman Thomas
Bought by
Mi Pride Properties Llc
Current Estimated Value
$163,919

Purchase Details

Listed on
May 2, 2017
Closed on
Jun 30, 2017
Sold by
Rensberry Thomas R
Bought by
Outman Thomas
Seller's Agent
Daniella Bell
Coldwell Banker Schmidt-Cadillac
Buyer's Agent
Barry Fall
ERA Greater North Properties
List Price
$78,900
Sold Price
$75,000
Premium/Discount to List
-$3,900
-4.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
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
Mi Pride Properties Llc -- --
Outman Thomas -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $75,000 -4.9% $47 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $78,900 -- $49 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $2,397 $50,600 $0 $0
2024 $1,551 $50,700 $0 $0
2023 $2,201 $46,700 $0 $0
2022 $2,201 $40,900 $0 $0
2021 $2,144 $35,900 $0 $0
2020 $2,122 $33,400 $0 $0
2019 $2,088 $35,500 $0 $0
2018 -- $31,600 $0 $0
2017 -- $31,000 $0 $0
2016 -- $30,400 $0 $0
2015 -- $26,100 $0 $0
2013 -- $22,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1831459

Northern Great Lakes REALTORS® MLS

APN: 10-109-00-031-01