NOT LISTED FOR SALE

1803 Riverside Dr Unit 1805 Port Huron, MI 48060

Estimated Value: $206,000 - $258,000

22 Beds
16 Baths
8,200 Sq Ft
$28/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $525,000 $64 Per Sq Ft

Current estimated payment $1,645/month

279 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Balcony
  • Forced Air Heating and Cooling System
  • Dock Facilities
  • Patio
  • 20 Car Garage

About This Home

As of May 2018

INVESTORS - 4 buildings with 2 townhouse style apartments with garages in each building, plus 100 feet on Black River for additional 8 boat well rentals. Boat well rental not included in income. All units include stove, refridge, and dishwasher, all have central air. 6 units are 3 bedr.. 2 1/2 baths and 2 units are 2 bedr. 1 1/2 baths. New roof on all buildings 3 years ago. Laundry facilities in each unit. The two bedroom units have laundry and garage under unit.

Last Agent to Sell the Property

Helen Ruffing

Realty Executives Home Towne License #6502129530 Listed on: 07/15/2017

Realty Executives Home Towne

Last Buyer's Agent

Joe Bauer

License #6506038041

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1996

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 100x3350x100x350
  • 100 Feet of Waterfront
  • River Front
  • Private Entrance

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 8,200 Sq Ft Home
  • 2-Story Property
  • Basement
  • Interior Basement Entry

Parking

  • 20 Car Garage
  • Lighted Parking
  • Assigned Parking

Outdoor Features

  • Seawall
  • Dock Facilities
  • Boat Facilities
  • Balcony
  • Patio
  • Exterior Lighting

Utilities

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

Community Details

Overview

  • 8 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,609

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Townhouse
  • Architecture Level: 2 Story
  • Year Built: 1996
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 8.80
  • Full Bathrooms: 8
  • Half Bathrooms: 8
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access)
  • Sq Ft Combined: 8200
  • Total Sq Ft: 8200
  • Sq Ft Total Bsmt: 400

Exterior Features

  • Roof Material: Composition
  • Waterfront Name: Black River
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 100
  • Porch Type: Balcony, Patio
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Water Frontage Feet: 100.00
  • Waterfront Description: River Front

Garage/Parking

  • MF Parking: Assigned Spaces, Garages, Lighted
  • Total Parking Spaces: 20

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Port Huron

Lot Info

  • List Price per Acre: 585000.0000
  • Lot Size Area: 1.00
  • Lot Dimensions: 100x3350x100x350
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 6200

Tax Info

  • Tax Amount Summer: 1029.0400
  • Tax Amount Winter: 11580.4000
  • Total Tax: 12609.4400

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities, Sea Wall
  • Gross Scheduled Income: 72600.00
  • Number Of Units Total: 8
  • Unit Count: 8
  • Number of Three Bedroom Units: 6
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 8

MLS Schools

  • School District: Port Huron

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2017
Closed on
Jun 11, 2018
Sold by
Jamon Company
Bought by
Asset Link Llc
Seller's Agent
Helen Ruffing
Realty Executives Home Towne
Buyer's Agent
Joe Bauer
List Price
$585,000
Sold Price
$525,000
Premium/Discount to List
-$60,000
-10.26%
Total Days on Market
279
Current Estimated Value
$226,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$298,667
Avg. Annual Appreciation
-11.35%
Original Mortgage
$390,000
Outstanding Balance
$343,568
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
-$119,568

Purchase Details

Listed on
Jul 15, 2017
Closed on
May 21, 2018
Sold by
Jamon Co
Bought by
Asset Link Llc
Seller's Agent
Helen Ruffing
Realty Executives Home Towne
Buyer's Agent
Joe Bauer
List Price
$585,000
Sold Price
$525,000
Premium/Discount to List
-$60,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$343,568
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
-$119,568
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
Asset Link Llc $525,000 None Listed On Document
Asset Link Llc $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asset Link Llc $390,000
Closed Asset Link Llc $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $525,000 -10.3% $64 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $585,000 0.0% $71 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
10/13/2017 10/13/17 Price Changed $585,000 -6.4% $71 / Sq Ft
09/12/2017 09/12/17 For Sale $625,000 +19.0% $76 / Sq Ft
08/08/2017 08/08/17 Off Market $525,000 -- --
07/15/2017 07/15/17 For Sale $625,000 -- $76 / 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
2024 $4,571 $108,900 $0 $0
2023 $4,329 $96,700 $0 $0
2022 $4,503 $94,000 $0 $0
2021 $4,298 $84,300 $0 $0
2020 $4,315 $78,000 $78,000 $0
2019 $4,237 $53,300 $0 $0
2018 $2,880 $53,300 $0 $0
2017 $2,642 $50,100 $0 $0
2016 $2,365 $50,100 $0 $0
2015 $2,321 $45,700 $45,700 $0
2014 $2,321 $43,100 $43,100 $0
2013 -- $43,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Helen Ruffing

    Realty Executives

    (810) 300-0107

    15 Total Sales

    Helen Ruffing
    Section Image

  • J

    Buyer's Agent in 2018

    Joe Bauer

See All Agents

Map

Source: Realcomp

MLS Number: 217058024

Realcomp

APN: 06-708-0019-000

Michigan St. Clair County Port Huron 48060

1803 Riverside Dr Unit 1805, Port Huron, MI

This home is located at 1803 Riverside Dr Unit 1805, Port Huron, MI 48060 since 15 July 2017 and is currently estimated at $226,333, approximately $27 per square foot. This property was built in 1996. 1803 Riverside Dr Unit 1805 is a home located in St. Clair County with nearby schools including H.D. Crull Elementary School, Holland Woods Middle School, and Port Huron Northern High School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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