NOT LISTED FOR SALE

Estimated Value: $121,000

2 Beds
1 Bath
-- Sq Ft
0.49 Acre Lot

Sale Details

Date Sold: September 27, 2022

Last sale price $105,500

Est. 15% increase in value since last sale

Current estimated payment $785 / mo

3 Days on Market

About This Home

As of September 2022

Pristine Duplex on large corner lot bordering Monroe St & Lansing Ave has updated vinyl siding, windows and roof. Fully occupied, each unit offers 2BR/1BA, kitchen, dining room, full basement with laundry hook ups where new owner could add coin operated laundry for additional revenue and enclosed front porch and 2 private back decks for tenants. Total of 4 parking spots available for tenants. Generates $1600 gross rent per month. Owner pays for water, sewer, trash removal and maintains lawn and snow removal. City Certified through 12/28/2022. Current tenants are related and would love to stay, leases are currently month-to-month. Both units are very well maintained, a pleasure to show. 24 hour notice is needed. Leases & financials are available for serious buyers.

Last Agent to Sell the Property

Heather Herndon

Howard Hanna Real Estate Services License #6501335416 Listed on: 08/26/2022

Howard Hanna Real Estate Services

Co-Listed By

Kelly Talbert

Howard Hanna Real Estate Services License #6501339894

Last Buyer's Agent

Heather Herndon

Howard Hanna Real Estate Services License #6501335416 Listed on: 08/26/2022

Howard Hanna Real Estate Services
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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,140

Year Built

  • Built in 1920

Lot Details

  • 21,344 Sq Ft Lot
  • Lot Dimensions are 149x135x174x142
  • Corner Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for trash collection, water

Community Details

Overview

  • 2 Units
  • Birneys Addition Subdivision

Building Details

  • Insurance Expense $1,001
  • Manager Expense $286
  • Net Operating Income $19,200

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,140

Year Built

Built in 1920

Lot Details

0.49 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1920
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • Driveway:Driveway: Gravel
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: Electricity Available, Natural Gas Available
  • Extras:Extras: Sep Electric Meter, Sep Gas Meter
  • Lot Description:Lot Description: Corner Lot
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 99900.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air

Lot Info

  • Lot Size Acres: 0.49
  • Lot Size Area: 0.49
  • Lot Dimensions: 149x135x174x142
  • Lot Size Sq Ft: 21344.0

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Insurance Expense: 1001.0
  • Manager Expense: 285.99
  • Net Operating Income: 19200.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2139.69
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Cornell Brenda
Bought by
Current Estimated Value
$121,000

Purchase Details

Closed on
Jan 5, 2016
Sold by
Thelen Duane F and Luft James C
Bought by
Luft James C and The Special Needs Trust Of James C Luft
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$68,000 None Available
Luft James C -- At
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/27/2022 09/27/22 Sold $105,500 +5.6% --
08/26/2022 08/26/22 For Sale $99,900 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2022 $2,138 $33,100 $0 $0
2021 $1,913 $29,450 $0 $0
2020 $858 $26,800 $0 $0
2019 $833 $15,950 $0 $0
2018 $780 $14,450 $0 $0
2017 $717 $13,800 $0 $0
2016 $717 $11,800 $11,800 $0
2015 $837 $11,250 $11,250 $0
2014 $837 $13,500 $0 $0
2013 -- $13,500 $13,500 $0
Source: Public Records

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Map

Source: MichRIC

MLS Number: 22036945

MichRIC

APN: 2-225200000

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