NOT LISTED FOR SALE

Estimated Value: $60,000 - $83,000

3 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold July 19, 2018

Last sale price $37,000

Est. 95% increase in value since last sale

Current estimated payment $546/month

3 Days on Market

About This Home

As of July 2018

Solid money maker!! 2 bedroom upper unit has separate exterior entrance. Needs carpet, but otherwise in good condition. Lower unit, 1 bedroom, is move in ready and features newer carpet, fresh paint and good layout. Heat/Electric are individually metered. City certification up to date in 2016. Start making money at close!! Updated windows throughout entire duplex, new water heater.

Last Agent to Sell the Property

Kittyanne Latocki

Production Realty License #6501406946 Listed on: 06/26/2018

Last Buyer's Agent

NON-MBR 'SOLD' NON-MBR 'SOLD'

NON-MEMBER REALTOR 'SOLD'

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $554

Year Built

  • Built in 1910

Lot Details

  • 3,485

Home Design

  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,485 Sq Ft Lot

Listing and Financial Details

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

Community Details

Overview

  • 2 Units
  • Knapp's Add Subdivision

Building Details

  • Operating Expense $1,580
  • Net Operating Income $25,610

Property Details

Home Type

Apartment

Est. Annual Taxes

$554

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 40000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront Features: Other
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: .076

Rental Info

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

Multi Family

  • Net Operating Income: 25610.0
  • Number of Units Total: 2
  • Operating Expense: 1580.0

Tax Info

  • Tax Annual Amount: 554.03
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Hayri Erdem
Bought by
Koker Derya and Koker Aydin Omer
Current Estimated Value
$72,053

Purchase Details

Closed on
Dec 22, 2021
Sold by
Hayri Erdem
Bought by
Koker Derya and Koker Aydin Omer

Purchase Details

Listed on
Jun 26, 2018
Closed on
Jul 19, 2018
Sold by
Sumner Helena M
Bought by
Erdem Hayri
Seller's Agent
Kittyanne Latocki
Production Realty
Buyer's Agent
NON-MBR 'SOLD' NON-MBR 'SOLD'
NON-MEMBER REALTOR 'SOLD'
Sold Price
$37,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%

Purchase Details

Closed on
Mar 13, 2012
Sold by
Ballard Ernest and Ballard Algean
Bought by
Sumner Helena M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Koker Derya $30,000 --
Koker Derya $30,000 --
Erdem Hayri $37,000 None Available
Sumner Helena M $3,000 At
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2018 07/19/18 Sold $37,000 -- --
06/29/2018 06/29/18 Pending -- -- --
Source: MichRIC

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 $2,067 $26,400 $0 $0
2024 $16 $25,300 $0 $0
2023 $2,021 $21,900 $0 $0
2022 $779 $18,000 $0 $0
2021 $891 $16,150 $0 $0
2020 $797 $14,650 $0 $0
2019 $740 $10,550 $0 $0
2018 $604 $8,950 $0 $0
2017 $554 $8,750 $0 $0
2016 $478 $9,500 $9,500 $0
2015 $521 $8,900 $8,900 $0
2014 $521 $8,400 $8,400 $0
2013 -- $8,400 $8,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21034648

MichRIC

APN: 5-050600000