NOT LISTED FOR SALE

1597 W Genesee St Lapeer, MI 48446

Estimated Value: $180,000 - $200,000

4 Beds
2 Baths
1,850 Sq Ft
$105/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $138,000 $75 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,366/month

11 Days on Market

Highlights

  • 0.56 Acre Lot
  • Ceiling Fan
  • Fenced
  • Forced Air Heating System
  • Garage

About This Home

As of July 2021

*SUBMIT YOUR BEST OFFER BY TUESDAY, MAY 11, 2021 AT 10AM!* GREAT INCOME AND INVESTMENT PROPERTY. BOTH UNITS ARE 2 BR UNITS. LOWER UNIT CURRENTLY LEASED. NEW PAINT AND CARPET. KITCHEN APPLIANCES INCLUDED WITH BOTH UNITS. HURRY, WON'T LAST LONG!

Last Agent to Sell the Property

George Brennan

Realty Executives Main St LLC License #6501375365 Listed on: 04/29/2021

Realty Executives Main St LLC

Last Buyer's Agent

Alicia Cloutier

EXP Realty Rochester License #6501328260

EXP Realty Rochester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1936

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 55.00x220.00
  • Fenced

Home Design

  • Duplex
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,850 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Parking

  • Garage
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Separate Meters
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number L209370004000

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,269

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1936
  • State Equalized Value: 65700.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Type: Unfinished
  • Sq Ft Combined: 1850
  • Total Sq Ft: 1850
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Michigan Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block, Stone
  • Frontage Feet: 55
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • MF Parking: Garages, Assigned Spaces

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Radiant, Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric, Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Lapeer

Lot Info

  • List Price per Acre: 253571.4200
  • Lot Size Area: 0.56
  • Lot Dimensions: 55.00X220.00
  • Parcel Number: L209370004000
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1468

Tax Info

  • Tax Amount Summer: 964.0000
  • Tax Amount Winter: 1305.0000
  • Total Tax: 2269.0000
  • Taxable Value: 48963.0000

Multi Family

  • Gross Scheduled Income: 17616.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jul 15, 2021
Sold by
Lesh Jeffrey and Lesh Angela
Bought by
Geda Bryce G P
Seller's Agent
George Brennan
Realty Executives Main St LLC
Buyer's Agent
Alicia Cloutier
EXP Realty Rochester
List Price
$142,000
Sold Price
$138,000
Premium/Discount to List
-$4,000
-2.82%
Current Estimated Value
$193,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,700
Avg. Annual Appreciation
8.67%
Original Mortgage
$103,500
Outstanding Balance
$94,114
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$99,586

Purchase Details

Closed on
Nov 4, 2011
Sold by
Stellard Eric and Stellard Katherine
Bought by
Skellenger Gary and Skellenger Sandra

Purchase Details

Closed on
Dec 30, 2004
Sold by
Skellenger Gary and Skellenger Sandra
Bought by
Stellard Eric

Purchase Details

Closed on
Oct 17, 1998
Sold by
Rees Bruce Patrick and Rees Marcelle
Bought by
Skellenger Gray and Skellenger Sandra
Source: Public Records

Range of Values:

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Average Value
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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
Geda Bryce G P $138,000 Cislo Title Co
Lesh Properties Llc $56,750 Cislo Title Co
Skellenger Gary -- --
Stellard Eric -- --
Skellenger Gray $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lesh Properties Llc $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $138,000 -2.8% $75 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $142,000 -- $77 / Sq Ft
Source: Realcomp

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 $3,721 $87,400 $0 $0
2024 $1,531 $87,500 $0 $0
2023 $1,461 $82,500 $0 $0
2022 $3,410 $70,900 $0 $0
2021 $2,297 $65,400 $0 $0
2020 $2,269 $65,700 $0 $0
2019 $2,266 $60,300 $0 $0
2018 $2,213 $57,900 $57,900 $0
2017 $2,169 $55,000 $0 $0
2016 $2,153 $51,000 $51,000 $0
2015 -- $47,300 $0 $0
2014 -- $44,700 $44,700 $0
2013 -- $43,700 $43,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210029448

Realcomp

APN: L20-93-700-040-00