NOT LISTED FOR SALE

185 N Main St Freeland, MI 48623

Estimated Value: $243,000 - $682,000

25 Beds
16 Baths
15,883 Sq Ft
$23/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $703,000 $44 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $2,275/month

27 Days on Market

About This Home

As of August 2015

16 units-(9) 2 bedroom and (7) one bedroom apartments plus 2 single family homes. Improvements made last year include all new siding, parking lot, insulation, and most roofs. Coin operated laundry facility on site. Quiet and wooded setting. 95ft of Tittabawassee River frontage. Great location! Close to shopping and parks. Waiting list for apartments. Gross income $102,500. Estimated expenses $35,800.

Last Agent to Sell the Property

Robert LeFevre

Berkshire Hathaway HomeServices License #SBR-6501124312 Listed on: 04/14/2015

Berkshire Hathaway HomeServices

Last Buyer's Agent

Julie Williams

Real Estate One Great Lakes Bay License #SBR-6502417056

Real Estate One Great Lakes Bay

Property Details

Home Type

  • Apartment

Est. Annual Taxes

Year Built

  • Built in 1975

Lot Details

  • 5 Acre Lot

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 25 Bedrooms
  • 16 Full Bathrooms

Utilities

  • Separate Meters
  • Electric Water Heater

Additional Features

  • Basement

Community Details

  • 18 Units

Listing and Financial Details

  • Assessor Parcel Number See remarks

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,106

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Originating MLS: Saginaw
  • Class: MULTIFAMILY
  • Type: Apartment, Investment
  • Type Of Property: Multi-Family
  • Structure Style: Bi-Level
  • Total Tax Amount: 11106
  • Total Tax Year: 2015
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Bedrooms: 25
  • Full Bathrooms: 16
  • Total Bathrooms: 16
  • Source of Sq Ft: Estimated
  • Estimated Sq Ft: 15883

Exterior Features

  • Construction: Vinyl Siding
  • Foundation Type: Basement, Slab

Utilities

  • Water: Public Water
  • Water Heater: Electric
  • Fuel Type: Electric, Natural Gas
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: See remarks
  • Lot Dimensions: Irregular
  • Acreage: 5
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2014, Amount: $1,373.00
  • Winter Tax: Year: 2015, Amount: $9,734.00
  • Taxable Value: 300007
  • Total Tax: Year: 2015, Amount: $11,106.00
  • SEV Year: 2015

Multi Family

  • Total Units: 18

MLS Schools

  • School District: Freeland Comm School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2015
Closed on
Aug 14, 2015
Sold by
Jd Dk Llc
Bought by
Auxano Acquisitions Llc
Seller's Agent
Robert LeFevre
Berkshire Hathaway HomeServices
Buyer's Agent
Julie Williams
Real Estate One Great Lakes Bay
List Price
$770,000
Sold Price
$703,000
Premium/Discount to List
-$67,000
-8.7%
Current Estimated Value
$393,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$309,764
Avg. Annual Appreciation
-5.79%

Purchase Details

Listed on
Apr 14, 2015
Closed on
Aug 6, 2015
Sold by
Yearsley Carol G
Bought by
Jd Dk Llc
Seller's Agent
Robert LeFevre
Berkshire Hathaway HomeServices
Buyer's Agent
Julie Williams
Real Estate One Great Lakes Bay
List Price
$770,000
Sold Price
$703,000
Premium/Discount to List
-$67,000
-8.7%
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
Auxano Acquisitions Llc $703,000 Title Resource
Jd Dk Llc $635,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2015 08/14/15 Sold $703,000 -8.7% $44 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $770,000 -- $48 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,466 $143,500 $0 $0
2023 $1,396 $134,300 $0 $0
2022 $6,158 $128,400 $0 $0
2021 $5,745 $117,500 $0 $0
2020 $5,830 $120,400 $0 $0
2019 $6,081 $126,300 $0 $0
2018 $1,416 $134,400 $0 $0
2017 $5,817 $130,500 $0 $0
2016 $5,995 $128,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31237892

Michigan Multiple Listing Service

APN: 29133163027003