NOT LISTED FOR SALE

176 N Walnut St Unit 1761 Mount Clemens, MI 48043

Estimated Value: $138,000 - $156,000

3 Beds
2 Baths
1,257 Sq Ft
$119/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $160,000 $127 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,099/month

51 Days on Market

Highlights

  • Colonial Architecture
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of July 2024

Exciting Investment Opportunity in Mt. Clemens, Michigan! This
charming multi-unit home features a spacious 2-bedroom unit
upstairs and a cozy 1-bedroom unit downstairs, perfect for
generating rental income . Located within walking distance to the
vibrant Downtown Mount Clemens, residents can enjoy easy access to shops, restaurants, and entertainment. Roof redone (2015). Whole house backflow preventer (2019). New Furnace Upper (2023). New Furnace Lower (2022). New Water Heater Upper (2024). Remodeled Lower Back (2023).
Don't miss out on this prime real estate opportunity!

Last Agent to Sell the Property

Antoinette Wallace

Thrive Realty Company License #6501386285 Listed on: 04/24/2024

Last Buyer's Agent

Rhonda Johnson-Lee

License #6506045612

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40.00 x 90.00
  • Back Yard Fenced

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,257 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1111487003
  • $6,400 Seller Concession

Community Details

Overview

  • 2 Units
  • Mullett Survey Pic Deeds Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,660

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Duplex
  • Architecture Level: 2 Story
  • Assessment: 362.00
  • Year Built: 1925
  • State Equalized Value: 51800.0000
  • 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: 1257
  • Total Sq Ft: 1257
  • Sq Ft Total Bsmt: 624

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch - Covered, Porch, Covered
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • 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: 0.08
  • Lot Dimensions: 40.00 x 90.00
  • Parcel Number: 1111487003
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1650

Tax Info

  • Tax Amount Summer: 3594.0000
  • Tax Amount Winter: 66.0000
  • Total Tax: 3660.0000
  • Taxable Value: 45255.0000

Multi Family

  • Gross Scheduled Income: 19800.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Mount Clemens

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jul 19, 2024
Sold by
Mcglynn Scott W
Bought by
Moran Phillip
Seller's Agent
Antoinette Wallace
Thrive Realty Company
Buyer's Agent
Rhonda Johnson-Lee
List Price
$160,000
Sold Price
$160,000
Views
56
Current Estimated Value
$149,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,764
Avg. Annual Appreciation
-5.55%
Original Mortgage
$163,440
Outstanding Balance
$161,473
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
-$12,237

Purchase Details

Closed on
Jun 26, 2020
Sold by
Mcglynn Enterprises Llc
Bought by
Mcglynn Scott W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2019
Closed on
Oct 4, 2019
Sold by
Farooqi Quazi and Zahin Mayeesha
Bought by
Mcglynn Enterprises Llc
Seller's Agent
Erika Boss Barrett
National Realty Centers, Inc
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$110,000
Sold Price
$82,500
Premium/Discount to List
-$27,500
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%

Purchase Details

Listed on
Jun 14, 2017
Closed on
Jul 28, 2017
Sold by
Butler Renee
Bought by
Farooq Quazi and Zahin Mayaeesha
Seller's Agent
Mark Austin
GSA Elite Realty
Buyer's Agent
Erika Boss Barrett
National Realty Centers, Inc
List Price
$74,900
Sold Price
$81,500
Premium/Discount to List
$6,600
8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.56%

Purchase Details

Listed on
Oct 28, 2016
Closed on
Jan 4, 2017
Sold by
N And D Investment Llc
Bought by
Butler Renee
Seller's Agent
Mark Austin
GSA Elite Realty
Buyer's Agent
Garrett Hayden
Keller Williams Realty-Great Lakes
List Price
$24,900
Sold Price
$23,500
Premium/Discount to List
-$1,400
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
821.40%
Original Mortgage
$61,125
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2016
Sold by
Miller Derek E
Bought by
1 & D Investments Llc

Purchase Details

Closed on
Nov 2, 2005
Sold by
Nema Capital Group Llc
Bought by
Haskin Robert and Hanskn Nancy

Purchase Details

Closed on
Aug 30, 2005
Sold by
Harrington James R and Harrington Gloria J
Bought by
Nema Capital Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Moran Phillip $160,000 None Listed On Document
Mcglynn Scott W -- None Available
Mcglynn Enterprises Llc $82,500 Ata National Title Group Llc
Farooq Quazi $81,500 None Available
Butler Renee $23,500 Ata National Title Group Llc
1 & D Investments Llc $30,000 None Available
Haskin Robert $81,000 Michigan Land Title Agency I
Nema Capital Group Llc $55,000 Michigan Land Title Agency I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moran Phillip $163,440
Previous Owner Mcglynn Scott W $65,000
Previous Owner Butler Renee $61,125
Previous Owner Nema Capital Group Llc $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $160,000 0.0% $127 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $160,000 0.0% $127 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $160,000 +93.9% $127 / Sq Ft
10/04/2019 10/04/19 Sold $82,500 -25.0% $66 / Sq Ft View Prior Sale
08/25/2019 08/25/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $110,000 +35.0% $88 / Sq Ft
07/28/2017 07/28/17 Sold $81,500 +8.8% $65 / Sq Ft View Prior Sale
07/05/2017 07/05/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $74,900 +218.7% $60 / Sq Ft
01/04/2017 01/04/17 Sold $23,500 -5.6% $19 / Sq Ft View Prior Sale
12/12/2016 12/12/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $24,900 -- $20 / 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 $3,806 $65,600 $0 $0
2024 $3,734 $58,100 $0 $0
2023 $3,594 $51,800 $0 $0
2022 $3,427 $43,100 $0 $0
2021 $3,412 $44,900 $0 $0
2020 $3,278 $42,000 $0 $0
2019 $2,688 $36,900 $0 $0
2018 $2,747 $32,900 $0 $0
2017 $1,776 $29,145 $2,711 $26,434
2016 $1,768 $29,145 $0 $0
2015 $2,162 $27,815 $0 $0
2013 -- $29,861 $1,937 $27,924
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240025327

Realcomp

APN: 05-11-11-487-003