NOT LISTED FOR SALE

15721 U S 12 Union, MI 49130

Estimated Value: $142,000 - $524,000

-- Bed
-- Bath
-- Sq Ft
1.41 Acres

Last Sold June 07, 2021

Last sale price $135,000

Est. 120% increase in value since last sale

Current estimated payment $1,585/month

186 Days on Market

About This Home

As of June 2021

Income generating property and investment opportunity! 2 lots with 5 total units, all currently occupied. The front lot is zoned commercial and has road frontage on US 12 in Union. It currently contains 1 rental trailer. The back lot has a duplex and 2 more rental trailers. Can keep it as an income property or convert to a commercial use.

Total current revenue is just over 3500 per month. 15721 - 140 per wk. 15723 - 175 per wk. 15725A - 175 per wk. 15725B - 180 per wk. 15727 140 per wk.

Last Agent to Sell the Property

William Russell

Weichert Realtors-Gold Star License #6501419598 Listed on: 10/15/2020

Weichert Realtors-Gold Star

Last Buyer's Agent

Corey Johnson

Starbrick Property Group License #6502433602

Starbrick Property Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,297

Year Built

  • Built in 2007

Lot Details

  • 1.41 Acre Lot

Parking

  • 10 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 5 Fireplaces
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Cable TV Available

Community Details

  • 5 Buildings
  • 5 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,297

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 2007
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 174 X 86 and 213 X 222
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 1297.0
  • General Property Info:Total _pound_ Units: 5
  • General Property Info:Total _pound_ Bldgs: 5.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Crawl Space: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 5
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 149900.0
  • Number of Buildings: 5
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 10.0
  • General Property Info:Total Parking Spaces: 10.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Cable Available, Natural Gas Connected
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.41
  • Lot Size Area: 1.41
  • Lot Dimensions: 174 X 86 and 213 X 222
  • Lot Size Sq Ft: 61420.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 1297.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2022
Sold by
Ramsey Kyle
Bought by
Fernandez Maria G
Current Estimated Value
$297,333

Purchase Details

Listed on
Oct 15, 2020
Closed on
Jun 7, 2021
Sold by
Combs Arthur F and Combs Karen A
Bought by
Ramsey Kyle
Seller's Agent
William Russell
Weichert Realtors-Gold Star
Buyer's Agent
Corey Johnson
Starbrick Property Group
List Price
$209,900
Sold Price
$135,000
Premium/Discount to List
-$74,900
-35.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.80%
Source: Public Records

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
Fernandez Maria G $115,000 Near North Title Group
Ramsey Kyle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ramsey Kyle $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $135,000 -35.7% --
04/19/2021 04/19/21 Pending -- -- --
10/15/2020 10/15/20 For Sale $209,900 -- --
Source: Southwestern Michigan Association 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
2025 $155 $4,300 $4,300 $0
2024 $37 $3,600 $3,600 $0
2023 $35 $3,300 $0 $0
2022 $28 $2,600 $0 $0
2021 $445 $14,600 $0 $0
2020 $1,132 $13,000 $0 $0
2019 $1,292 $10,900 $0 $0
2018 $101 $10,900 $0 $0
2017 $99 $9,700 $0 $0
2016 $98 $9,100 $0 $0
2015 -- $11,100 $0 $0
2011 -- $10,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Russell

    Seller's Agent in 2021

    William Russell

    Weichert Realtors-Gold Star

    (269) 228-2700

    56 Total Sales

    William Russell
    Section Image

  • C

    Buyer's Agent in 2021

    Corey Johnson

    Starbrick Property Group

    (574) 261-6505

    17 Total Sales

    Corey Johnson
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20043567

Southwestern Michigan Association of REALTORS®

APN: 14-120-207-050-01

Michigan Cass County Union City 49130

15721 U S 12, Union City, MI

This home is located at 15721 U S 12, Union, MI 49130 since 15 October 2020 and is currently estimated at $297,333. This property was built in 2007. 15721 U S 12 is a home located in Cass County with nearby schools including White Pigeon Junior/Senior High School and Central Elementary 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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