NOT LISTED FOR SALE

1515 W Carpenter St Midland, MI 48640

Estimated Value: $162,000 - $189,000

4 Beds
2 Baths
1,344 Sq Ft
$130/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $135,900 $101 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,125/month

41 Days on Market

Highlights

  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Living Room
  • Northeast Middle School Rated A-
  • Porch
  • Property is near schools

About This Home

As of December 2022

Investors take note! The duplex home features two units in an upper/lower configuration with separate exterior entrances. Each unit has an eat-in kitchen, living area, two bedrooms and a bath. The units are nicely updated with a neutral color palette. The home has nice curb appeal and sits in a convenient location with easy access to downtown Midland and only steps to Carpenter School. There is also a 2-car detached garage and a large city lot. With some effort, the property could be converted back to a single-family residence. This property is currently vacant so you can place your own tenants. Schedule a showing today!

Last Listed By

Thomas Webb

Century 21 Signature Realty Midland License #MBR-6502374762 Listed on: 11/09/2022

Century 21 Signature Realty Midland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Cleared Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Off-Street Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Internet Available

Additional Features

  • Porch
  • Property is near schools

Community Details

  • 2 Units
  • Sayre Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-16-70-620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,860

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Duplex, Investment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Conventional Frame
  • Sub Structure Types: Garage(s)
  • Flood Insurance: Not Required
  • Year Built: 1923
  • Mail City: Midland
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Block, Full
  • Bedrooms: 4
  • Bathroom Description: Shared
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Sub Room Description: First Floor Bedroom, Living Room
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1344

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch, Sidewalks, Street Lights
  • Frontage: 60
  • Sideof Street: S
  • Foundation Type: Basement
  • Roads: City/County, Curbed, Paved Street, Year Round

Garage/Parking

  • Garage Type: Detached Garage, Electric In Garage, Off Street, Side Loading Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces, Garage, Unassigned/General, Paved Driveway

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 14-16-70-620
  • Location: Walk To School
  • Lot Dimensions: 60x150
  • Acreage: 0.21
  • Lot Description: Deep Lot - 150+ Ft., Cleared, Sidewalks
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,564.42
  • Winter Tax: Year: 2021, Amount: $663.78
  • Taxable Value: 38832
  • Total Tax: Year: 2021, Amount: $2,228.20
  • SEV Year: 2022

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Dec 26, 2022
Sold by
Diederich Donald T
Bought by
Scott James
Seller's Agent
Thomas Webb
Century 21 Signature Realty Midland
Buyer's Agent
Christie Hall
RE/MAX of Midland
List Price
$138,900
Sold Price
$135,900
Premium/Discount to List
-$3,000
-2.16%
Total Days on Market
41
Current Estimated Value
$174,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,089
Avg. Annual Appreciation
12.94%
Original Mortgage
$139,025
Outstanding Balance
$136,013
Interest Rate
7.08%
Mortgage Type
VA
Estimated Equity
$45,528

Purchase Details

Listed on
Aug 17, 2015
Closed on
Jul 15, 2016
Sold by
Potoff Alan D and Potoff Joyce L
Bought by
Diederich Donald T
Seller's Agent
Larry Snyder
Coldwell Banker Professionals
Buyer's Agent
Jennifer Horton
RE/MAX of Midland
List Price
$64,900
Sold Price
$55,000
Premium/Discount to List
-$9,900
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.08%

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
Scott James $135,900 --
Diederich Donald T $5,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott James $139,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $135,900 -2.2% $101 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $138,900 +152.5% $103 / Sq Ft
07/15/2016 07/15/16 Sold $55,000 -15.3% $50 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
08/17/2015 08/17/15 For Sale $64,900 -- $59 / Sq Ft
Source: Midland Board of REALTORS®

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 $1,860 $63,800 $0 $0
2023 $1,773 $56,000 $0 $0
2022 $2,272 $49,500 $0 $0
2021 $2,178 $43,300 $0 $0
2020 $2,156 $40,900 $0 $0
2019 $2,103 $39,600 $10,000 $29,600
2018 $2,046 $40,700 $10,000 $30,700
2017 $0 $34,800 $10,000 $24,800
2016 $1,857 $33,800 $10,000 $23,800
2012 -- $41,300 $10,000 $31,300
Source: Public Records

Agents Affiliated with this Home

  • Thomas Webb

    Seller's Agent in 2022

    Thomas Webb

    Century 21 Signature Realty Midland

    (989) 492-0650

    244 Total Sales

    Thomas Webb
    Section Image

  • C

    Buyer's Agent in 2022

    Christie Hall

    RE/MAX Michigan

    (989) 600-1684

    85 Total Sales

    Christie Hall
    Section Image

  • L

    Seller's Agent in 2016

    Larry Snyder

    Coldwell Banker Professionals

    Section Image
  • Jennifer Horton

    Buyer's Agent in 2016

    Jennifer Horton

    RE/MAX Michigan

    (989) 780-2158

    78 Total Sales

    Jennifer Horton
    Section Image
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Map

Source: Midland Board of REALTORS®

MLS Number: 50095552

Midland Board of REALTORS®

APN: 14-16-70-620

Michigan Midland County Midland 48640

1515 W Carpenter St, Midland, MI

Homes for Sale in Midland, MI

This home is located at 1515 W Carpenter St, Midland, MI 48640 since 09 November 2022 and is currently estimated at $174,989, approximately $130 per square foot. This property was built in 1923. 1515 W Carpenter St is a home located in Midland County with nearby schools including Carpenter School, Northeast Middle School, and Midland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midland Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.