NOT LISTED FOR SALE

18 E Mason St Sebewaing, MI 48759

Estimated Value: $166,126

4 Beds
5 Baths
3,500 Sq Ft
$47/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $127,500 $36 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,179/month

109 Days on Market

Highlights

  • Ranch Style House
  • Ceiling Fan
  • 4-minute walk to Sebewaing Village Park
  • Water Softener is Owned
  • Baseboard Heating

About This Home

As of February 2021

Looking for a great Investment? Here it is a 5 unit apartment building in Sebewaing. 4 - 1 bedroom 1 bath units apx 750 sq ft 1 - studio apartment apx 476 sq ft. Each unit has their own electric heat and heat water. New roof in 2015 and newer vinyl siding. Location is perfect to walk down town or to the park. Tenants

Last Agent to Sell the Property

Andrea Donley

Donley Realty License #6501393683 Listed on: 09/03/2020

Co-Listed By

Amy Donley

Donley Realty License #6502392903

Last Buyer's Agent

Amy Donley

Donley Realty License #6502392903

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1940 | Remodeled in 1973

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 49.5x150

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 5 Full Bathrooms
  • 3,500 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Parking

  • 8 Parking Spaces
  • Assigned Parking

Utilities

  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 3900850700

Community Details

Overview

  • 5 Units
  • Willaim T Chappells 1St Add Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,005

Year Built

Built in 1940 | Remodeled in 1973

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: .17
  • Year Built: 1940
  • State Equalized Value: 30700.0000
  • Year Renovated: 1973
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Water Softener (owned)
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Sq Ft Combined: 3500
  • Total Sq Ft: 3500

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Exterior Features: Outside Lighting
  • Foundation Materials: Block
  • Frontage Feet: 150
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 8

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard
  • Sewer: Sewer-Sanitary
  • Water Source: Municipal Water
  • Laundry Facilities: No

Schools

  • School District: Unionville Sebewaing

Lot Info

  • List Price per Acre: 822941.1765
  • Lot Size Area: 0.17
  • Lot Dimensions: 49.5X150
  • Parcel Number: 3900850700
  • Zoning: Commercial

Rental Info

  • Monthly Rental Income: 2365

Tax Info

  • Tax Amount Summer: 770.0000
  • Tax Amount Winter: 1235.0000
  • Total Tax: 2005.0000
  • Taxable Value: 30700.0000

Multi Family

  • Gross Scheduled Income: 28380.00
  • Number Of Units Total: 5
  • Unit Count: 5
  • Number of Efficiency Units: 1
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 5

MLS Schools

  • School District: Unionville Sebewaing

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

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $127,500 -8.9% $36 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/03/2020 12/03/20 Price Changed $139,900 -3.5% $40 / Sq Ft
10/13/2020 10/13/20 Price Changed $145,000 -12.1% $41 / Sq Ft
09/03/2020 09/03/20 For Sale $165,000 -- $47 / 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 $3,146 $79,500 $0 $0
2024 $1,654 $75,700 $0 $0
2023 $1,577 $74,900 $0 $0
2022 $1,501 $57,400 $0 $0
2021 $2,061 $39,900 $0 $0
2020 $2,001 $39,200 $0 $0
2019 $2,001 $30,700 $0 $0
2018 $1,957 $36,500 $0 $0
2017 $1,852 $36,500 $0 $0
2016 $730 $34,300 $0 $0
2015 $28,549 $34,200 $0 $0
2014 -- $30,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200072378

Realcomp

APN: 39-008-507-00