NOT LISTED FOR SALE

187 Lincoln St Manistee, MI 49660

Estimated Value: $141,000 - $201,000

-- Bed
-- Bath
-- Sq Ft
7,200 Sq Ft Lot

Last Sold May 18, 2018

Last sale price $60,000

Est. 200% increase in value since last sale

Current estimated payment $1,256/month

30 Days on Market

Highlights

  • 1 Fireplace
  • Hot Water Heating System
  • Wood Siding
  • Corner Lot: Yes

About This Home

As of May 2018

Incredible opportunity for an investment property on the Northside of Manistee. This duplex has enough room to add a garage. Currently the downstairs is rented for $550. month with renters paying all utilities. The upstairs is a blank pallet ready for a new owner to update the way they want. Both units have large laundry/mud rooms. Downstairs has a back entry room off the deck for storing bikes, etc. Upper unit has a large entry area. The Northside of Manistee is currently a very active Real Estate market due to the proximity to Lake Michigan, Downtown Manistee, Manistee River, North Channel Brewing Company and Save-A-Lot. Sellers have been in the Rental Business for many years and are ready to downsize. Call today to schedule a showing.

Last Agent to Sell the Property

Virginia Pelton

CENTURY 21 Northland License #6501323236 Listed on: 03/28/2018

CENTURY 21 Northland

Last Buyer's Agent

Brenda Cronan

Coldwell Banker ALM REALTY License #6501283452

Coldwell Banker ALM REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 4 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Location

  • Mineral Rights

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60 x 120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1650.0
  • Tax Info:Zoning3: Res Imp
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Driveway:Unpaved: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Michigan Basement: Yes
  • Mineral Rights:Yes: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 64900.0
  • Lot Features: Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Water Available, Sewer Available, Storm Sewer

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 60 x 120
  • Lot Size Sq Ft: 7200.0
  • Zoning Description: Res Imp
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1650.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
May 18, 2018
Sold by
Sorenson Rodney R
Bought by
Aurora Housing Llc
Seller's Agent
Virginia Pelton
CENTURY 21 Northland
Buyer's Agent
Brenda Cronan
Coldwell Banker ALM REALTY
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%
Current Estimated Value
$180,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,204
Avg. Annual Appreciation
16.54%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Aurora Housing Llc $60,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $60,000 -7.6% --
04/27/2018 04/27/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $64,900 -- --
Source: Southwestern Michigan Association of REALTORS®

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 $3,613 $95,100 $0 $0
2024 $2,034 $77,900 $0 $0
2023 $1,958 $70,200 $0 $0
2022 $3,225 $57,100 $57,100 $0
2021 $3,136 $50,700 $50,700 $0
2020 $2,688 $45,300 $45,300 $0
2019 $2,721 $45,600 $45,600 $0
2018 $1,683 $40,000 $40,000 $0
2017 $1,648 $37,700 $37,700 $0
2016 $986 $36,100 $36,100 $0
2015 -- $31,900 $31,900 $0
2014 -- $34,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18011803

Southwestern Michigan Association of REALTORS®

APN: 51-146-732-09