NOT LISTED FOR SALE

18391 Masonic Fraser, MI 48026

Estimated Value: $208,000 - $220,000

3 Beds
2 Baths
1,220 Sq Ft
$175/Sq Ft Est. Value

Last Sold September 18, 2014

Last sale price $68,000 $56 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $1,591/month

32 Days on Market

Highlights

  • 0.36 Acre Lot
  • Forced Air Heating System
  • Laundry Facilities
  • Fraser High School Rated 9+
  • Garage
  • 3-minute walk to Somerset Pool

About This Home

As of September 2014

TURN-KEY 2-Family on Large 84x185 LOT! 2 Bed & 1 Bath in Front Unit(Occupied), 1 Bed & 1 Bath in Rear Unit(Vacant). UPDATES Include: ROOF ’12, WINDOWS ’00, FURNACES ’00, HWH’s ’11 & ’00, ELECTICAL ’00, Cooper PLUMBING ’00. APPLIANCES Included, Separate Entrances, LAUNDRY & STORAGE Rooms for Tenants, Separate Utilities, FENCED Yard, and FRASER SCHOOLS. Could be Converted Back to Single Family. EXCELLENT INVESTMENT Opportunity!

Last Agent to Sell the Property

Joseph Albright

Hamilton Realty Group License #6501311240 Listed on: 07/03/2014

Last Buyer's Agent

Nicole Gatto-Ross

A Smart Move Realty License #6501316796

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950 | Remodeled in 1980

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 84.00x185.00
  • Fenced

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,220 Sq Ft Home
  • 1.5-Story Property

Unfinished Basement

  • Interior Basement Entry
  • Basement Storage

Parking

  • Garage
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

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

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 1405252043

Property Details

Home Type

Multi-Family

Year Built

Built in 1950 | Remodeled in 1980

Lot Details

0.36 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 1/2 Story
  • Year Built: 1950
  • Year Renovated: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Private Storage Locker, Unfinished
  • Total Sq Ft: 1220

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Unassigned/General

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)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 208055.5556
  • Lot Size Area: 0.36
  • Lot Dimensions: 84.00X185.00
  • Parcel Number: 1405252043
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Water/Sewer
  • Monthly Rental Income: 1265

Tax Info

  • Tax Amount Summer: 1891.0000
  • Tax Amount Winter: 36.0000
  • Total Tax: 1927.0000

Multi Family

  • Gross Scheduled Income: 15180.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Fraser

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2021
Sold by
Jlag Properties Llc
Bought by
Enriquez Joseph
Current Estimated Value
$225,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Outstanding Balance
$127,052
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$85,968

Purchase Details

Closed on
May 1, 2020
Sold by
Mcz Investments Llc
Bought by
Jlag Properties Llc

Purchase Details

Listed on
Jul 3, 2014
Closed on
Sep 17, 2014
Sold by
Lucido Paul J and Lucido Stella M
Bought by
Mccloy Lindsey
Seller's Agent
Joseph Albright
Hamilton Realty Group
Buyer's Agent
Nicole Gatto-Ross
A Smart Move Realty
List Price
$74,900
Sold Price
$68,000
Premium/Discount to List
-$6,900
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$46,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1999
Sold by
Middleton Todd G
Bought by
Lucido Paul J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Enriquez Joseph $185,000 Fidelity National Title
Enriquez Joseph $185,000 None Listed On Document
Jlag Properties Llc -- None Available
Mccloy Lindsey $68,000 None Available
Lucido Paul J $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enriquez Joseph $138,750
Closed Enriquez Joseph $138,750
Previous Owner Mccloy Lindsey $46,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2014 09/18/14 Sold $68,000 -9.2% $56 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $74,900 -- $61 / Sq Ft
Source: Realcomp

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 $5,158 $88,500 $0 $0
2024 $50 $81,500 $0 $0
2023 $4,806 $76,200 $0 $0
2022 $4,684 $70,400 $0 $0
2021 $2,345 $56,100 $0 $0
2020 $2,266 $53,000 $0 $0
2019 $2,506 $48,600 $0 $0
2018 $2,506 $43,200 $0 $0
2017 $2,224 $31,912 $8,935 $22,977
2016 $2,148 $31,915 $0 $0
2015 -- $32,718 $0 $0
2013 $1,891 $30,761 $0 $0
2011 -- $35,218 $11,833 $23,385
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Joseph Albright

    Hamilton Realty Group

    (586) 405-7653

    23 Total Sales

    Joseph Albright
    Section Image
  • Nicole Gatto-Ross

    Buyer's Agent in 2014

    Nicole Gatto-Ross

    A Smart Move Realty

    (586) 202-5487

    2 in this area

    112 Total Sales

    Nicole Gatto-Ross
    Section Image
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Map

Source: Realcomp

MLS Number: 214066750

Realcomp

APN: 03-14-05-252-043

Michigan Macomb County Fraser 48026

18391 Masonic, Fraser, MI

Not Listed for Sale

MultiFamily

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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