NOT LISTED FOR SALE

171 Clinton St Unit 173 Mount Clemens, MI 48043

Estimated Value: $187,000 - $215,000

3 Beds
3 Baths
1,732 Sq Ft
$116/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $87,000 $50 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,452/month

90 Days on Market

About This Home

As of November 2017

3 Family rental property; Gross Rents = $1450 per month = $17400 per year. 3 separate GFA Furnaces, 2 of the furnaces 1 year old, month to month tenants. Tenants pay gas and electric. Water is $1500/per year. Good investment possibility. 48 hours notice for showings please.

Last Agent to Sell the Property

David Tuscany

RE/MAX First License #MISPE-6506010616 Listed on: 06/13/2017

RE/MAX First

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x120

Parking

  • 1.5 Car Garage

Home Design

  • Bungalow

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Separate Meters
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 05-11-11-462-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

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: Bungalow
  • Total Tax Amount: 2756
  • Total Tax Year: 2016
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Block, Partially Finished
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1732

Exterior Features

  • Exterior Features: Porch, Sidewalks, Storms/Screens
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Garage Spaces: 1.5

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 05-11-11-462-006
  • Location: Subdivision
  • Lot Dimensions: 60X120
  • Acreage: 0.17
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $2,705.00
  • Winter Tax: Year: 2016, Amount: $51.00
  • Total Tax: Year: 2016, Amount: $2,756.00
  • SEV Year: 2016

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Mt Clemens Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Nov 15, 2017
Sold by
Ruehle Ray P and Ruehle Elizabeth L
Bought by
171 Clinton Llc
Seller's Agent
David Tuscany
RE/MAX First
List Price
$98,000
Sold Price
$87,000
Premium/Discount to List
-$11,000
-11.22%
Current Estimated Value
$201,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,552
Avg. Annual Appreciation
10.37%

Purchase Details

Closed on
Jun 4, 2013
Sold by
Ruehle Ray P and Ray P Ruehle Revocable Living
Bought by
Ruehle Ray P and Ruehle Elizabeth L

Purchase Details

Closed on
Jan 30, 2009
Sold by
Ray P Ruehle Revocable Living Trust
Bought by
Elizabeth L Ruehle Revocable Living Trus
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
171 Clinton Llc $87,000 Greater Macomb Title Agency
Ruehle Ray P -- Attorney
Elizabeth L Ruehle Revocable Living Trus -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elizabeth L Ruehle Revocable Living Trus $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2017 11/15/17 Sold $87,000 -11.2% $50 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $98,000 -- $57 / 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 $4,255 $90,200 $0 $0
2024 $4,177 $82,800 $0 $0
2023 $4,026 $72,800 $0 $0
2022 $3,812 $60,900 $0 $0
2021 $3,727 $55,700 $0 $0
2020 $3,585 $52,900 $0 $0
2019 $3,530 $46,900 $0 $0
2018 $3,464 $42,500 $0 $0
2017 $2,769 $38,597 $4,294 $34,303
2016 $2,756 $38,597 $0 $0
2015 $2,509 $34,747 $0 $0
2013 -- $31,258 $3,354 $27,904
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31322492

Michigan Multiple Listing Service

APN: 05-11-11-462-006