NOT LISTED FOR SALE

1523 Saint Clair River Dr Algonac, MI 48001

Estimated Value: $616,839

8 Beds
7 Baths
4,500 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 27, 2022

Last sale price $550,000 $122 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,936/month

39 Days on Market

Highlights

  • Balcony
  • Porch
  • Forced Air Heating System

About This Home

As of December 2022

7 unit appartment complex. Will be 100% occupied at closing. fully renovated in 2022. New kitchens new bathroom all new flooring. Across the street from the St. Clair River. Enjoy a 12% cap rate or with professional management 9.5%

Last Listed By

Mike Blake

Epique Inc. License #MISPE-6502432626 Listed on: 10/07/2022

Epique Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • 1995

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 54x140

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 7 Units
  • Village Of Algonac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-105-0444-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,086

Year Built

1995

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Flood Insurance: Not Required
  • Year Built: 9999
  • Mail City: Algonac
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 8
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Source of Sq Ft: Estimated
  • Estimated Sq Ft: 4500

Exterior Features

  • Exterior Features: Porch, Exterior Balcony
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: None

Lot Info

  • Assessor Parcel Number: 01-105-0444-000
  • Lot Dimensions: 54x140
  • Acreage: 0.17
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $3,872.00
  • Winter Tax: Year: 2021, Amount: $214.00
  • Total Tax: Year: 2021, Amount: $4,086.00

Multi Family

  • Total Units: 7

MLS Schools

  • School District: Algonac Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Jan 18, 2023
Sold by
North Oakland Investments Llc
Bought by
1523 Saint Clair River Llc
Seller's Agent
Mike Blake
Epique Inc.
Buyer's Agent
Kevin Stewart
Stewart Team R E Partners Inc
List Price
$579,900
Sold Price
$550,000
Premium/Discount to List
-$29,900
-5.16%
Total Days on Market
39
Views
6
Current Estimated Value
$616,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,839
Avg. Annual Appreciation
5.02%

Purchase Details

Listed on
May 4, 2018
Closed on
Sep 17, 2018
Sold by
Pastoria Equities Llc
Bought by
Lee Harry
Seller's Agent
Paul Prinzi
Real Estate One Chesterfield
Buyer's Agent
Harry Lee
EXP Realty LLC
List Price
$289,900
Sold Price
$240,000
Premium/Discount to List
-$49,900
-17.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.11%

Purchase Details

Listed on
May 4, 2018
Closed on
Aug 24, 2018
Sold by
Pastoria Equities Llc
Bought by
Lee Harry
Seller's Agent
Paul Prinzi
Real Estate One Chesterfield
Buyer's Agent
Harry Lee
EXP Realty LLC
List Price
$289,900
Sold Price
$240,000
Premium/Discount to List
-$49,900
-17.21%

Purchase Details

Closed on
Oct 27, 2015
Sold by
Lucido Eda
Bought by
Pastoria Equities Llc

Purchase Details

Closed on
May 30, 2014
Sold by
Pastoria David
Bought by
Lucido Eda

Purchase Details

Closed on
Feb 23, 2012
Sold by
Pastoria Equities Llc
Bought by
Pastoria David

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
1523 Saint Clair River Llc $550,000 --
Lee Harry $240,000 New Title Company Name
Lee Harry $240,000 New Title Company Name
Pastoria Equities Llc $133 --
Lucido Eda -- None Available
Pastoria David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner North Oakland Investments Llc $175,000
Previous Owner Pastoria Equities Llc $65,000
Previous Owner Pastoria David $317,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2022 12/27/22 Sold $550,000 0.0% $122 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/09/2022 11/09/22 Price Changed $550,000 -5.2% $122 / Sq Ft
10/07/2022 10/07/22 For Sale $579,900 +673.2% $129 / Sq Ft
05/14/2020 05/14/20 Sold $75,000 -24.2% $16 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
04/23/2020 04/23/20 Price Changed $99,000 -31.7% $22 / Sq Ft
03/10/2020 03/10/20 Price Changed $145,000 0.0% $32 / Sq Ft
03/10/2020 03/10/20 For Sale $145,000 -3.3% $32 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/27/2020 02/27/20 Price Changed $149,900 -25.0% $33 / Sq Ft
02/25/2020 02/25/20 Price Changed $199,900 -4.4% $44 / Sq Ft
02/18/2020 02/18/20 Price Changed $209,000 -16.1% $46 / Sq Ft
01/10/2020 01/10/20 Price Changed $249,000 -9.4% $55 / Sq Ft
06/10/2019 06/10/19 Price Changed $274,900 -8.1% $60 / Sq Ft
05/31/2019 05/31/19 For Sale $299,000 +24.6% $66 / Sq Ft
08/28/2018 08/28/18 Sold $240,000 -11.1% $53 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/15/2018 06/15/18 Price Changed $269,900 +3.8% $59 / Sq Ft
05/16/2018 05/16/18 Price Changed $259,900 -10.3% $57 / Sq Ft
05/04/2018 05/04/18 For Sale $289,900 -- $64 / 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
2024 $5,996 $112,400 $0 $0
2023 $5,793 $109,800 $0 $0
2022 $4,231 $80,700 $0 $0
2021 $4,086 $73,000 $0 $0
2020 $4,254 $74,900 $20,500 $54,400
2019 $4,190 $74,100 $0 $0
2018 $3,690 $65,900 $0 $0
2017 $3,524 $62,900 $0 $0
2016 $3,318 $62,900 $0 $0
2015 -- $58,200 $23,300 $34,900
2014 -- $62,000 $23,300 $38,700
2013 -- $72,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50092563

Michigan Multiple Listing Service

APN: 01-105-0444-000