NOT LISTED FOR SALE

15725 Fort Custer Dr Augusta, MI 49012

Estimated Value: $744,000 - $800,000

Studio
-- Bath
-- Sq Ft
7 Acres

Last Sold December 28, 2017

Last sale price $175,000

Est. 338% increase in value since last sale

Current estimated payment $4,132/month

10 Days on Market

About This Home

As of December 2017

Seller will look at all offers submitted by Monday 12/4/17 at 5pm. LAND CONTRACT POSSIBLE - 8 homes currently rented at $550 per month and 4 homes that need some work, makes 12 possible homes to rent on a 7 acre parcel with 2 access streets. Great opportunity to improve the property and increase income!

Last Agent to Sell the Property

Janis Havice

Lakes & Country Real Estate Inc License #6501365993 Listed on: 11/25/2017

Last Buyer's Agent

Barbara Strong

Lakes & Country Real Estate Inc License #6501257780

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 7 Acre Lot

Parking

  • 14 Parking Spaces

Home Design

  • Slab Foundation
  • Wood Siding
  • Vinyl Siding

Utilities

  • Heating System Uses Propane
  • Wall Furnace
  • Well
  • Septic System
  • Phone Connected

Community Details

  • 14 Buildings
  • 13 Units

Listing and Financial Details

  • The owner pays for water

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

7 Acres

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1945
  • Location Property Info:Property Sub-Type: 5+ Units
  • OfficeContract Info:List PriceSqFt2: 23.98
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: irregular
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 8381.0
  • General Property Info:Total _pound_ Units: 13
  • General Property Info:Total _pound_ Bldgs: 14.0
  • Heat Source:Propane: Yes
  • Sewer:Septic System: Yes
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Electric: Yes
  • Heat Type:Wall Furnace: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Slab: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 200000.0
  • Number of Buildings: 14
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 14.0
  • General Property Info:Total Parking Spaces: 14.0

Utilities

  • Heating: Propane, Electric, Wall Furnace
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Telephone Line
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 7.0
  • Lot Size Area: 7.0
  • Lot Size Sq Ft: 304920.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Number of Units Total: 13

Tax Info

  • Tax Annual Amount: 8381.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Cummins Phillip J and Cummins Terrie L
Bought by
Walker Stephen and Walker Rrichard
Current Estimated Value
$767,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2020
Sold by
Walker Stephen and Walker Richard
Bought by
Augusta Woods Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 25, 2017
Closed on
Dec 28, 2017
Sold by
Cummins Phillip J and Cummins Terrie L
Bought by
Walker Stephen and Walker Richard
Seller's Agent
Janis Havice
Lakes & Country Real Estate Inc
Buyer's Agent
Barbara Strong
Lakes & Country Real Estate Inc
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.91%

Purchase Details

Closed on
Sep 23, 2016
Sold by
Saylor Jacqueline
Bought by
Peluso Daniel B

Purchase Details

Closed on
Sep 18, 2013
Sold by
Brennan Brian A
Bought by
Cummins Phillip J and Cummins Terrie L
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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Purchase History

Date Buyer Sale Price Title Company
Walker Stephen $175,000 Chicago Tite Of Mi Inc
Augusta Woods Rentals Llc -- Chicago Title Inc
Walker Stephen -- Nations Title Agency
Peluso Daniel B -- None Available
Cummins Phillip J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walker Stephen $285,000
Closed Walker Stephen $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2017 12/28/17 Sold $175,000 -12.5% --
12/05/2017 12/05/17 Pending -- -- --
11/25/2017 11/25/17 For Sale $200,000 -- --
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 $2,146 $342,700 $0 $0
2024 $2,085 $319,600 $0 $0
2023 $1,988 $275,800 $0 $0
2022 $9,252 $230,700 $0 $0
2021 $8,795 $210,400 $0 $0
2020 $8,626 $201,400 $0 $0
2019 $8,226 $193,700 $0 $0
2018 $3,480 $161,300 $0 $0
2017 -- $153,800 $0 $0
2016 -- $149,200 $0 $0
2015 -- $147,500 $0 $0
2014 -- $147,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 17057107

MichRIC

APN: 04-35-230-017

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