NOT LISTED FOR SALE

16 Ferrin Place Mount Clemens, MI 48043

Estimated Value: $184,526 - $229,000

2 Beds
2 Baths
1,800 Sq Ft
$117/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $72,900 $40 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,460/month

22 Days on Market

About This Home

As of August 2017

Excellent 2 Family Rental Property. 2 High efficient furnaces. 2 electrical services recently done, most plumbing replaced, 2 high efficiency water tanks. Tenants pay gas & electric. Both tenants m/m. Both units 2 bedroom.

Last Agent to Sell the Property

David Tuscany

RE/MAX First License #MISPE-6506010616 Listed on: 07/07/2017

RE/MAX First

Last Buyer's Agent

Michael Sonntag

Sonntag Realty & Associates License #RCO-6502387435

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 60x64

Home Design

  • Colonial Architecture
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 05-11-11-451-009

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Flood Plain: Unknown
  • Total Tax Amount: 2533
  • Total Tax Year: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1800

Exterior Features

  • Construction: Aluminum, Stone
  • Frontage: 60
  • Foundation Type: Basement
  • Roads: Paved Street

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: Public Sanitary

Lot Info

  • Assessor Parcel Number: 05-11-11-451-009
  • Location: Subdivision
  • Lot Dimensions: 60x64
  • Acreage: 0.09
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes, Trash Removal, Water/Sewer

Tax Info

  • Summer Tax: Year: 2016, Amount: $2,473.00
  • Winter Tax: Year: 2016, Amount: $49.00
  • Taxable Value: 31475
  • Total Tax: Year: 2016, Amount: $2,533.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Mt Clemens Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Aug 21, 2017
Sold by
Dipace Salvatore Di and Vitale Clro
Bought by
Veihl Sawyer Christian and Veihl Nicholas Adam
Seller's Agent
David Tuscany
RE/MAX First
Buyer's Agent
Michael Sonntag
Sonntag Realty & Associates
List Price
$81,900
Sold Price
$72,900
Premium/Discount to List
-$9,000
-10.99%
Current Estimated Value
$209,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,982
Avg. Annual Appreciation
13.48%
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
Veihl Sawyer Christian $72,900 Greater Macomb Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Sold $72,900 0.0% $41 / Sq Ft
08/08/2017 08/08/17 Off Market $72,900 -- --
07/29/2017 07/29/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $81,900 -- $46 / 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
2025 $3,804 $90,700 $0 $0
2024 $3,720 $79,200 $0 $0
2023 $3,574 $74,400 $0 $0
2022 $3,420 $71,700 $0 $0
2021 $3,344 $58,900 $0 $0
2020 $3,195 $55,500 $0 $0
2019 $3,145 $53,500 $0 $0
2018 $2,726 $46,200 $0 $0
2017 $2,534 $40,224 $3,136 $37,088
2016 $2,522 $40,224 $0 $0
2015 $2,285 $33,315 $0 $0
2013 -- $30,401 $2,450 $27,951
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31324611

Michigan Multiple Listing Service

APN: 05-11-11-451-009