NOT LISTED FOR SALE

Estimated Value: $139,000 - $207,000

3 Beds
1 Bath
1,200 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $350,000 $292 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $1,243/month

110 Days on Market

Highlights

  • 1-Story Property
  • Central Air
  • Ceiling Fan

About This Home

As of August 2022

Great Income Opportunity!! Price includes 2 Separate Duplex Homes and 1 Ranch Home Selling all together! 5 Units, 14738 Chamberlain is a Bungalow Style home 1200 Sq. Ft. on 1st Floor, 2 Bedrooms, Livingroom, Dinning Rm, Kitchen w/ Cherry Cabinets, Laundry Room and 1 Full Bath, 2nd Floor 700 Sq Ft. has 2 Bedrooms, Living Rm, Kitchen and 1 Bath, Hardwood Floors throughout. 2nd Duplex is a Ranch Style with 1 Bedroom on each side, Eat in Kitchen w/ Oak Cabinets and appliances, 1 Bath w /Tile Floor, Livingroom with Hardwood floors, Both have laundry hook ups for Stackable W/D. Each side is 400 Sq. Ft. Beautiful Updated 3rd Home is a Ranch address 14734 Chamberlain Rd. has 1200 Sq. Ft. 3 Bedrooms, Kitchen W / Maple Cabinets all appliances stay. Livingroom, Sunroom,2 out of 3 bedrooms With Real 3/4 inch Hardwood Floors. 1 1/2 Baths and Laundry room with Tile Floors. Lot for the Ranch is 50 x 269. Separate Utilities, and water meter for each unit. 1 car garage and all have AC units. Roof 7 years old. Both properties together sits on 3/4 acre.

Last Agent to Sell the Property

Jean Knapp

Howard Hanna - Monroe License #MCAR-6501292778 Listed on: 04/15/2022

Howard Hanna - Monroe

Last Buyer's Agent

Juan Alcala

EXP Realty LLC License #RCO-6501372796

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1956

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 50 x 269

Parking

  • 1 Car Garage

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Separate Meters
  • Septic Tank

Community Details

  • 5 Units
  • Net Operating Income $54,240

Listing and Financial Details

  • Assessor Parcel Number 0300616400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,432

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Total Tax Amount: 4432
  • Year Built: 1956
  • Mail City: Flat Rock
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Estimated Sq Ft: 1200

Exterior Features

  • Frontage: 50
  • Foundation Type: Crawl

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Water: Public Water
  • Cooling System: Ceiling Fan(s), Central A/C
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Septic

Lot Info

  • Assessor Parcel Number: 0300616400
  • Lot Dimensions: 50 X 269
  • Acreage: 0.3
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Month-To-Month, Security Deposit, Pets Allowed

Tax Info

  • Summer Tax: Year: 2021, Amount: $905.00
  • Winter Tax: Year: 2021, Amount: $3,527.00
  • Total Tax: Amount: $4,432.00
  • SEV Year: 2021

Multi Family

  • Total Units: 5

MLS Schools

  • School District: Flat Rock Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Aug 15, 2022
Sold by
Trometer Apartments Llc
Bought by
Chamberlain Rivers Llc
Seller's Agent
Jean Knapp
Howard Hanna - Monroe
Buyer's Agent
Juan Alcala
EXP Realty LLC
List Price
$385,400
Sold Price
$350,000
Premium/Discount to List
-$35,400
-9.19%
Current Estimated Value
$175,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$174,945
Avg. Annual Appreciation
-11.74%
Original Mortgage
$270,250
Outstanding Balance
$259,010
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
-$18,677
Source: Public Records

Range of Values:

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Average Value
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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
Chamberlain Rivers Llc $350,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chamberlain Rivers Llc $270,250
Previous Owner Trometer Apartments Llc $15,000
Previous Owner Trometer Apartments Llc $55,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $350,000 -9.2% $292 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $385,400 +10.1% $321 / Sq Ft
07/15/2022 07/15/22 Off Market $350,000 -- --
06/26/2022 06/26/22 Price Changed $385,400 -0.6% $321 / Sq Ft
06/10/2022 06/10/22 Price Changed $387,900 0.0% $323 / Sq Ft
06/07/2022 06/07/22 For Rent $1,425 0.0% --
06/04/2022 06/04/22 Price Changed $391,700 0.0% $326 / Sq Ft
06/01/2022 06/01/22 For Rent $1,425 0.0% --
05/25/2022 05/25/22 Price Changed $421,700 -6.6% $351 / Sq Ft
05/19/2022 05/19/22 Price Changed $451,700 0.0% $376 / Sq Ft
05/18/2022 05/18/22 For Rent $1,425 0.0% --
05/12/2022 05/12/22 Price Changed $467,000 -3.1% $389 / Sq Ft
05/02/2022 05/02/22 Price Changed $482,000 -4.9% $402 / Sq Ft
04/15/2022 04/15/22 For Sale $507,000 -- $423 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,308 $62,400 $0 $0
2024 $674 $62,400 $0 $0
2023 $719 $45,900 $0 $0
2022 $1,385 $45,900 $0 $0
2021 $1,339 $45,100 $0 $0
2020 $1,584 $39,700 $0 $0
2019 $1,345 $39,700 $0 $0
2018 $1,339 $32,900 $0 $0
2017 $1,316 $32,900 $0 $0
2016 $1,324 $31,500 $0 $0
2015 $1,241 $26,064 $0 $0
2014 $1,240 $26,064 $0 $0
2013 -- $25,273 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50071061

Michigan Multiple Listing Service

APN: 03-006-164-00