$260,000
SOLD MAY 15, 2014

15800 U S 12 Union, MI 49130

-- Bed
-- Bath
-- Sq Ft
1 Acres

Recently Sold

13% Below List Price

114 Days on Market

About This Home

As of April 2019

Great opportunity for you to own these 4 duplexes. Great cash cow! All units have newer roofs. Wonderful properties to add to your portfolio!

Last Agent to Sell the Property

Nathaniel Roll

At Home Realty Group License #6501291622 Listed on: 01/20/2014

Last Buyer's Agent

Nathaniel Roll

At Home Realty Group License #6501291622 Listed on: 01/20/2014

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1975

Lot Details

  • 1 Acre Lot

Parking

  • 8 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Baseboard Heating
  • Well

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • The owner pays for sewer

Community Details

Overview

  • 4 Buildings
  • 2 Units

Building Details

  • Insurance Expense $3,000
  • Gross Income $57,600

Property Details

Home Type

Apartment

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 292500.0
  • Number of Buildings: 4
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Water Source: Well, Public

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Size Sq Ft: 43560.0

Rental Info

  • Owner Pays: Sewer
  • Tenant Pays: Electricity, Trash Collection

Multi Family

  • Gross Income: 57600.0
  • Insurance Expense: 3000.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 10002.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2020
Sold by
Mentor Michael Lee and Tolentino Mentor Maria
Bought by
Tolentino Herminia Co and Tolentino Jose Borja
Current Estimated Value
$291,026

Purchase Details

Listed on
Sep 4, 2018
Closed on
Apr 9, 2019
Sold by
Chirag Llc
Bought by
Mentor Michael and Mentor Maria
Seller's Agent
Sheila Scott
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Sheila Scott
Cressy & Everett Real Estate
List Price
$325,000
Sold Price
$312,000
Premium/Discount to List
-$13,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.14%
Original Mortgage
$5,850,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2014
Closed on
May 15, 2014
Sold by
R & R Investments Llc
Bought by
Chirag Llc
Seller's Agent
Nathaniel Roll
At Home Realty Group
Buyer's Agent
Nathaniel Roll
At Home Realty Group
List Price
$297,500
Sold Price
$260,000
Premium/Discount to List
-$37,500
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$150,000
Interest Rate
4.41%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 20, 2014
Closed on
Apr 28, 2014
Sold by
Dick Ronald Earl and Dick Cynthia Edna
Bought by
Dick Ronald Earl
Seller's Agent
Nathaniel Roll
At Home Realty Group
Buyer's Agent
Nathaniel Roll
At Home Realty Group
List Price
$297,500
Sold Price
$260,000
Premium/Discount to List
-$37,500
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.41%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $78,000 Meridian Title
Warranty Deed $78,000 Meridian Title Co
Warranty Deed $260,000 Meridian Title Commercial
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,850,000 New Conventional
Previous Owner $58,500 New Conventional
Previous Owner $150,000 Future Advance Clause Open End Mortgage
Previous Owner $50,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2019 04/09/19 Sold $312,000 -4.0% --
01/10/2019 01/10/19 Pending -- -- --
09/04/2018 09/04/18 For Sale $325,000 +25.0% --
05/15/2014 05/15/14 Sold $260,000 -12.6% --
05/14/2014 05/14/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $297,500 -- --
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
2024 $1,278 $186,000 $14,100 $171,900
2023 $1,219 $160,400 $0 $0
2022 $1,161 $123,400 $0 $0
2021 $4,720 $113,000 $0 $0
2020 $4,661 $103,800 $0 $0
2019 $3,601 $92,200 $0 $0
2018 $848 $99,300 $0 $0
2017 $831 $92,600 $0 $0
2016 $823 $88,700 $0 $0
2015 -- $76,400 $0 $0
2011 -- $85,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sheila Scott

    Berkshire Hathaway HomeServices Michigan Real Estate

  • N

    Seller's Agent in 2014

    Nathaniel Roll

    At Home Realty Group

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14003442

Southwestern Michigan Association of REALTORS®

APN: 14-120-415-001-90

Michigan Cass County Union City 49130

15800 U S 12, Union City, MI

This home is located at 15800 U S 12, Union, MI 49130 and is currently priced at $260,000. This property was built in 1975. 15800 U S 12 is a home located in Cass County with nearby schools including Central Elementary School and White Pigeon Junior/Senior 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.

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