$370,000
SOLD APR 18, 2025
7 Beds
8 Baths
6,239 Sq Ft
0.42 Acres

Recently Sold

$59 Per Sq Ft

13% Below List Price

75 Days on Market

Highlights

  • Forced Air Heating System
  • 7 Car Garage
  • Laundry Facilities
  • Baseboard Heating

About This Home

As of April 2025

A perfect opportunity to invest in a 7 unit apartment complex located in the heart of Port Huron MI. The complex offers coin operated laundry, storage lockers (with room to expand) and a garage that can be rented out! It would be a wonderful addition to any investment portfolio. Call today, this one will not last long!

Last Agent to Sell the Property

John Werthman

Wallace and Associates Real Estate License #6501457758 Listed on: 01/25/2025

Co-Listed By

Joshua Wallace

Wallace and Associates Real Estate License #6502429264

Last Buyer's Agent

Hans Stahl

Red Star Equities LLC License #6501289928

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1891

Lot Details

  • Lot Dimensions are 120.00 x 150.50

Parking

  • 7 Car Garage

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 8 Full Bathrooms
  • 6,239 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Storage

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 74067430001000

Community Details

Overview

  • 7 Units
  • White Plat Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 572.00
  • Year Built: 1891
  • State Equalized Value: 161300.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Basement: Yes
  • Basement Type: Unfinished, Private Storage Locker
  • Sq Ft Combined: 6239
  • Total Sq Ft: 6239
  • Sq Ft Total Bsmt: 3178

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 120
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage
  • Total Parking Spaces: 7

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard, Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Fee Information

  • Operating Expense: 46160.00

Schools

  • School District: Port Huron

Lot Info

  • Lot Dimensions: 120.00 x 150.50
  • Parcel Number: 74067430001000
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 5221

Tax Info

  • Tax Amount Summer: 9456.0000
  • Tax Amount Winter: 578.0000
  • Total Tax: 10034.0000
  • Taxable Value: 158025.0000

Multi Family

  • Gross Scheduled Income: 67870.00
  • Number Of Units Total: 7
  • Unit Count: 7
  • Number of One Bedroom Units: 7
  • Number Of Units Leased: 7

MLS Schools

  • School District: Port Huron

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
Apr 3, 2025
Sold by
Carnelian Properties Llc
Bought by
Shadow Wood Investments Llc
Seller's Agent
John Werthman
Wallace and Associates Real Estate
Buyer's Agent
Hans Stahl
Red Star Equities LLC
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.84%

Purchase Details

Closed on
Feb 22, 2022
Sold by
Whitehead Ventures Llc
Bought by
Carnelian Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2022
Sold by
Whitehead Ventures Llc
Bought by
Carnelian Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2017
Closed on
Dec 5, 2017
Sold by
Futurvest Llc
Bought by
Whitehead Venture Llc
Seller's Agent
Joshua Wallace
Wallace and Associates Real Estate
Buyer's Agent
Joshua Wallace
Wallace and Associates Real Estate
List Price
$249,900
Sold Price
$244,000
Premium/Discount to List
-$5,900
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%

Purchase Details

Closed on
Mar 30, 2009
Sold by
Logan Ronald R
Bought by
Futurvest Llc

Purchase Details

Closed on
Nov 29, 2007
Sold by
Waterline Realty Llc
Bought by
Deutsche Bank Trust Company
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 Type Sale Price Title Company
Warranty Deed $370,000 Huron Title
Warranty Deed $300,000 Chirco Title
Warranty Deed $300,000 Chirco Title
Deed $244,000 Liberty Title
Quit Claim Deed -- None Available
Sheriffs Deed $270,344 None Available
Warranty Deed $300,000 Chirco Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $240,000 New Conventional
Previous Owner $240,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Sold $370,000 -12.9% $59 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
01/25/2025 01/25/25 For Sale $425,000 +74.2% $68 / Sq Ft
12/05/2017 12/05/17 Sold $244,000 -2.4% $39 / Sq Ft
11/09/2017 11/09/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $249,900 -- $40 / 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 $9,456 $161,300 $0 $0
2023 $8,413 $150,500 $0 $0
2022 $6,533 $154,800 $0 $0
2021 $6,235 $147,000 $0 $0
2020 $6,260 $129,900 $129,900 $0
2019 $6,146 $83,500 $0 $0
2018 $6,007 $83,500 $0 $0
2017 $4,697 $78,400 $0 $0
2016 $4,222 $78,400 $0 $0
2015 $4,357 $78,400 $78,400 $0
2014 $4,357 $80,900 $80,900 $0
2013 -- $88,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250004960

Realcomp

APN: 06-743-0001-000