$210,000
SOLD JAN 24, 2024

161 Gallup St Unit 163 Mount Clemens, MI 48043

4 Beds
2 Baths
1,900 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

7% Below List Price

79 Days on Market

About This Home

As of January 2024

Turnkey duplex walking distance to downtown Mt. Clemens! First floor has a one year lease signed for $1300/month. Second floor has been left open for showings but just had a 3 year tenant paying $1,200/month! Garage also rents for $60 as well to a local handyman who helps with property. THAT IS $2,560 IN GROSS RENTS! All rental certs up to date! Tenants are responsible for gas, electricity, grass and snow. Landlord pays water which is around $30/month. Tenants share the basement and washer/dryer. Front and back entrances for both units.

Last Agent to Sell the Property

David Thomas

EXP Realty Romeo License #6501389376 Listed on: 10/28/2023

EXP Realty Romeo

Co-Listed By

Ken Hirschmann

EXP Realty License #6506046502

Last Buyer's Agent

Joseph Hammel

License #6501422602

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50.00 x 154.00

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,900 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1111333003
  • $4,200 Seller Concession

Community Details

Overview

  • 2 Units
  • Martin Crocker's 6Th Addition Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,007

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 280.00
  • Year Built: 1900
  • State Equalized Value: 72000.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1900
  • Total Sq Ft: 1900
  • Sq Ft Total Bsmt: 773

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Mount Clemens

Lot Info

  • Lot Size Area: 0.17
  • Lot Dimensions: 50.00 x 154.00
  • Parcel Number: 1111333003
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water
  • Monthly Rental Income: 2500

Tax Info

  • Tax Amount Summer: 3929.0000
  • Tax Amount Winter: 78.0000
  • Total Tax: 4007.0000
  • Taxable Value: 51040.0000

Multi Family

  • Gross Scheduled Income: 30000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Mount Clemens

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2023
Closed on
Jan 24, 2024
Sold by
Thomas Brothers Properties Llc
Bought by
Kim Eugene
Seller's Agent
David Thomas
EXP Realty Romeo
Buyer's Agent
Joseph Hammel
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Views
253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$157,500
Outstanding Balance
$155,178
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$71,534

Purchase Details

Closed on
Sep 28, 2016
Sold by
Thomas David and Thomas Brian
Bought by
Thomas Brothers Properties Llc

Purchase Details

Closed on
Jul 21, 2016
Sold by
Aboona Dalya
Bought by
Thomas David and Thomas Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,749
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2012
Closed on
Jun 13, 2013
Sold by
Panetta John and Panetta Judith
Bought by
Aboona Dalya
Seller's Agent
David Tuscany
RE/MAX First
Buyer's Agent
Michael W. Rutter
RE/MAX Eclipse
List Price
$38,900
Sold Price
$44,900
Premium/Discount to List
$6,000
15.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.23%

Purchase Details

Closed on
Oct 8, 2003
Sold by
Groth David A and Groth Christine
Bought by
Panetta John

Purchase Details

Closed on
Jan 14, 2000
Sold by
Kalm Richard
Bought by
Groth David A
Source: Public Records

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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
Warranty Deed $210,000 None Listed On Document
Quit Claim Deed -- Greater Macomb Title Agency
Warranty Deed $84,999 Greater Macomb Title Agency
Warranty Deed $44,900 Greater Macomb Title Agency
Warranty Deed $104,000 Metropolitan Title Company
Deed $76,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,500 New Conventional
Previous Owner $63,749 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $235,000 +11.9% $152 / Sq Ft
01/24/2024 01/24/24 Sold $210,000 +5.0% $111 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
11/18/2023 11/18/23 Price Changed $200,000 -11.1% $105 / Sq Ft
10/28/2023 10/28/23 For Sale $225,000 +401.1% $118 / Sq Ft
05/26/2013 05/26/13 Sold $44,900 +15.4% $29 / Sq Ft
05/12/2013 05/12/13 Pending -- -- --
08/21/2012 08/21/12 For Sale $38,900 -- $25 / 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 $4,441 $90,300 $0 $0
2024 $4,355 $79,200 $0 $0
2023 $4,361 $74,600 $0 $0
2022 $4,007 $72,000 $0 $0
2021 $3,914 $59,700 $0 $0
2020 $3,758 $55,200 $0 $0
2019 $3,697 $53,200 $0 $0
2018 $3,625 $46,700 $0 $0
2017 $3,611 $40,858 $4,687 $36,171
2016 $2,577 $40,858 $0 $0
2015 $2,335 $34,036 $0 $0
2013 -- $31,430 $4,433 $26,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230088786

Realcomp

APN: 05-11-11-333-003