NOT LISTED FOR SALE

16133 E 13 Mile Rd Fraser, MI 48026

Estimated Value: $204,000 - $239,719

3 Beds
2 Baths
1,352 Sq Ft
$168/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $150,000 $111 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,594/month

75 Days on Market

Highlights

  • 0.5 Acre Lot
  • 1-Story Property
  • Ceiling Fan
  • Fraser High School Rated 9+
  • Forced Air Heating and Cooling System
  • 6 Car Garage

About This Home

As of September 2023

Investment opportunity in Fraser, Michigan: a two-unit duplex situated on a spacious half-acre lot. This property holds great potential for investors seeking a profitable venture or homeowners interested in offsetting their mortgage by renting out the second unit. Home does require some renovation and updates but is ready for those with a vision for enhancement and value appreciation. With its prime location in Fraser, a sought-after residential area, the property benefits from a desirable neighborhood, excellent amenities, and convenient access to nearby schools, shopping centers, and major highways. Property also offers a spacious outdoor area, providing residents with ample room for relaxation, recreation, or potential storage in backyard. Whether tenants are seeking a place to call home or prospective investors are eyeing an opportunity to capitalize on the local rental market, this property provides endless possibilities for customization and enhancement.

Last Agent to Sell the Property

Rory MacDonald

EXP Realty Clinton Twp License #6501410485 Listed on: 07/13/2023

EXP Realty Clinton Twp

Last Buyer's Agent

Terance Bowers

Bowers Realty & Investments, Inc License #6501416569

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1948

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 78.00 x 280.00

Parking

  • 6 Car Garage

Home Design

  • Duplex
  • Block Foundation
  • Built-Up Roof
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,352 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1406452025

Community Details

Overview

  • 2 Units
  • Eysters Fraser Gardens # 01 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,967

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Year Built: 1948
  • State Equalized Value: 71200.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1352

Exterior Features

  • Roof Material: Asphalt, Built-Up, Metal
  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 6

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.50
  • Lot Dimensions: 78.00 x 280.00
  • Parcel Number: 1406452025
  • Zoning: Multi-Family, Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Heat, Water/Sewer, Water, Yard Maintenance
  • Monthly Rental Income: 950

Tax Info

  • Tax Amount Summer: 2812.0000
  • Tax Amount Winter: 155.0000
  • Total Tax: 2967.0000
  • Taxable Value: 61372.0000

Multi Family

  • Gross Scheduled Income: 11400.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Fraser

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Sep 27, 2023
Sold by
Siemienski David
Bought by
Brewer Larry James
Seller's Agent
Rory MacDonald
EXP Realty Clinton Twp
Buyer's Agent
Terance Bowers
Bowers Realty & Investments, Inc
List Price
$150,000
Sold Price
$150,000
Views
204
Current Estimated Value
$226,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,930
Avg. Annual Appreciation
21.91%

Purchase Details

Listed on
Jul 13, 2023
Closed on
Sep 16, 2023
Sold by
Perfili Michael A
Bought by
Siemienski David
Seller's Agent
Rory MacDonald
EXP Realty Clinton Twp
Buyer's Agent
Terance Bowers
Bowers Realty & Investments, Inc
List Price
$150,000
Sold Price
$150,000
Views
204
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
Brewer Larry James $150,000 None Listed On Document
Brewer Larry James $150,000 None Listed On Document
Siemienski David $110,000 None Listed On Document
Siemienski David $110,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2023 09/27/23 Sold $150,000 0.0% $111 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $150,000 -- $111 / 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 $4,889 $91,000 $0 $0
2024 $4,694 $86,200 $0 $0
2023 $3,018 $75,400 $0 $0
2022 $2,967 $71,200 $0 $0
2021 $2,935 $66,300 $0 $0
2020 $2,830 $59,700 $0 $0
2019 $3,253 $57,500 $0 $0
2018 $3,215 $49,000 $0 $0
2017 $2,853 $48,612 $13,247 $35,365
2016 $2,755 $48,595 $0 $0
2015 -- $45,494 $0 $0
2013 $2,432 $39,549 $0 $0
2011 -- $43,345 $15,493 $27,852
Source: Public Records

Agents Affiliated with this Home

  • Rory MacDonald

    Seller's Agent in 2023

    Rory MacDonald

    EXP Realty Clinton Twp

    (586) 300-3034

    8 in this area

    173 Total Sales

    Rory MacDonald
    Section Image
  • Terance Bowers

    Buyer's Agent in 2023

    Terance Bowers

    Bowers Realty & Investments, Inc

    (248) 761-7220

    1 in this area

    94 Total Sales

    Terance Bowers
    Section Image
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Map

Source: Realcomp

MLS Number: 20230057092

Realcomp

APN: 03-14-06-452-025

Michigan Macomb County Fraser 48026

16133 E 13 Mile Rd, Fraser, MI

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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