NOT LISTED FOR SALE

16 Northbound Gratiot Ave Mount Clemens, MI 48043

Estimated Value: $124,000 - $159,000

3 Beds
2 Baths
1,200 Sq Ft
$116/Sq Ft Est. Value

About This Home

This home is located at 16 Northbound Gratiot Ave, Mount Clemens, MI 48043 and is currently estimated at $139,352, approximately $116 per square foot. 16 Northbound Gratiot Ave is a home located in Macomb County with nearby schools including Mount Clemens High School, Mt. Clemens Montessori Academy, and Faith Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Cash Flow Michigan Llc
Bought by
Cash Flow Michigan Fund 1 Llc
Current Estimated Value
$139,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,362,750
Outstanding Balance
$1,213,254
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
-$1,073,902

Purchase Details

Closed on
Jan 21, 2020
Sold by
Smo Ventures 2 Llc
Bought by
Cash Flow Michigan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,568,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2020
Sold by
Cash Flow Michigan Llc
Bought by
Smg Ventures 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,568,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 26, 2019
Sold by
Devroy Llc
Bought by
Cash Flow Michigan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,568,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2016
Sold by
Astrid Llc
Bought by
Devroy Llc

Purchase Details

Closed on
Nov 13, 2015
Sold by
Seven International Llc
Bought by
Astrid Llc

Purchase Details

Closed on
Sep 1, 2015
Sold by
Long Lake Realty Group Llc
Bought by
Seven International Llc

Purchase Details

Closed on
Jul 17, 2015
Sold by
Beattie George S
Bought by
Long Lake Realty Group Llc

Purchase Details

Closed on
Jun 9, 2015
Sold by
Harbour Portfolio Viii Lp
Bought by
Long Lake Realty Group Llc

Purchase Details

Closed on
Mar 3, 2014
Sold by
Harbour Portfolio Viii Lp
Bought by
Beattie George S

Purchase Details

Closed on
Dec 6, 2013
Sold by
Federal National Mortgage Association
Bought by
Harbour Portfolio Viii Lp

Purchase Details

Closed on
Jun 10, 2013
Sold by
Newton Karen O
Bought by
United States Of America

Purchase Details

Closed on
Mar 5, 2013
Sold by
Everbank
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Feb 22, 2013
Sold by
Newton Karen O
Bought by
Everbank

Purchase Details

Closed on
Mar 6, 2002
Sold by
Lannoo Adam
Bought by
Newton Karen

Purchase Details

Closed on
Sep 17, 1997
Sold by
Sunrise Properties
Bought by
Womack S

Purchase Details

Closed on
Dec 22, 1994
Sold by
Matecki Bruno
Bought by
Ruffin John
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Cash Flow Michigan Fund 1 Llc -- Ata National Title
Cash Flow Michigan Fund 1 Llc -- Ata National Title
Cash Flow Michigan Llc $65,000 None Available
Smg Ventures 2 Llc $65,000 None Available
Cash Flow Michigan Llc $54,000 None Available
Devroy Llc $53,000 Abstract Title Agency
Astrid Llc $25,500 Abstract Title Agency
Seven International Llc $28,654 Abstract Title Agency
Long Lake Realty Group Llc -- None Available
Long Lake Realty Group Llc $14,583 None Available
Beattie George S $41,000 None Available
Harbour Portfolio Viii Lp $704,500 Servicelink
United States Of America -- None Available
Fannie Mae $2,000 None Available
Fannie Mae -- None Available
Everbank $82,240 None Available
Newton Karen $113,000 --
Womack S $48,000 --
Ruffin John $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cash Flow Michigan Fund 1 Llc $1,362,750
Closed Cash Flow Michigan Fund 1 Llc $1,362,750
Previous Owner Smg Ventures 2 Llc $1,568,000
Closed Ruffin John $0
Source: Public Records

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 $4,411 $60,200 $0 $0
2024 $2,838 $40,200 $0 $0
2023 $2,673 $34,500 $0 $0
2022 $2,672 $33,300 $0 $0
2021 $2,596 $33,400 $0 $0
2020 $2,388 $31,500 $0 $0
2019 $2,021 $28,800 $0 $0
2018 $1,884 $25,700 $0 $0
2017 $1,985 $24,220 $3,430 $20,790
2016 $1,881 $24,220 $0 $0
2015 $1,333 $22,774 $0 $0
2013 -- $17,830 $3,266 $14,564
Source: Public Records

Map

Michigan Macomb County Mount Clemens 48043

16 Northbound Gratiot Ave, Mount Clemens, MI

This home is located at 16 Northbound Gratiot Ave, Mount Clemens, MI 48043 and is currently estimated at $139,352, approximately $116 per square foot. 16 Northbound Gratiot Ave is a home located in Macomb County with nearby schools including Mount Clemens High School, Mt. Clemens Montessori Academy, and Faith Christian 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.

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