NOT LISTED FOR SALE

Estimated Value: $91,000 - $149,000

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold April 12, 2024

Last sale price $13,100

Est. 839% increase in value since last sale

Current estimated payment $684/month

44 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot: Yes
  • Forced Air Heating System

About This Home

As of April 2024

Contractor special! This is a four unit building that is structurally solid but requires repairs to bring it to rental status. Would make an excellent flip, rental, or BRRR property. The municipality requires that the new owner will need to convert the property into a 2-unit (which could likely convert the property to two 4/2 units. The seller prefers a cash offer but would consider a land contract with the following terms: $25,000 purchase price, $10,000 down, $440/month, 10% interest, 24 month balloon. Seller is a licensed broker in the State of Michigan.

Last Agent to Sell the Property

Sandi Gentry

RE/MAX Lakeshore License #6506045021 Listed on: 03/20/2024

RE/MAX Lakeshore

Last Buyer's Agent

Jodi Burns-Buehrer

ERA REARDON REALTY, L.L.C. License #6501369476

ERA REARDON REALTY, L.L.C.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 65 x 83
  • Corner Lot: Yes

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 65 x 83
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2111.3
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 13900.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 65 x 83
  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2111.3
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2010
Sold by
Green Harry and Green Geraldine
Bought by
Callison Mark A
Current Estimated Value
$122,973
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Callison Mark A $66,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $13,100 -5.8% --
03/28/2024 03/28/24 Pending -- -- --
03/26/2024 03/26/24 Price Changed $13,900 -6.7% --
03/25/2024 03/25/24 Price Changed $14,900 -11.8% --
03/20/2024 03/20/24 Price Changed $16,900 0.0% --
03/20/2024 03/20/24 For Sale $16,900 -32.1% --
02/28/2024 02/28/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $24,900 -- --
Source: MichRIC

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 $485 $24,200 $0 $0
2024 $420 $17,700 $0 $0
2023 $1,107 $43,000 $0 $0
2022 $1,233 $38,800 $0 $0
2021 $1,222 $34,500 $0 $0
2020 $1,207 $32,250 $0 $0
2019 $1,174 $25,650 $0 $0
2018 $1,118 $23,500 $0 $0
2017 $1,020 $22,950 $0 $0
2016 $869 $20,200 $20,200 $0
2015 $1,245 $16,900 $16,900 $0
2014 $1,245 $21,650 $0 $0
2013 -- $21,650 $21,650 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24007306

MichRIC

APN: 7-105500000