Seller's Agent in 2017
Sandra Weber
Real Estate One Chesterfield
(586) 212-7350
74 Total Sales
1875 River Rd Saint Clair, MI 48079
Estimated Value: $360,000 - $411,000
6
Beds
3
Baths
3,600
Sq Ft
$106/Sq Ft
Est. Value
Highlights
- Water Views
- 6 Car Detached Garage
- Forced Air Heating System
- Colonial Architecture
- Ceiling height of 9 feet or more
About This Home
As of April 2017Looking for a money maker? Looking for a large return on your investment? Well than look no further!! This is a 3,600 sq feet full masonry building priced well below the appraised value. Offering 3 units, w/ 2 bedrooms & 1 full bath in each. In addition, the building has a large detached garage w/ all utilities (water, sewer, gas and electric) w/ a large bonus room above! This is truly a great find! Rent it all out or live in one unit & rent the other two. Net Profit Cap Rate approximately 11%. Land Contract Terms: 20% down, 6% interest, amortized over 30 years, 5 year balloon.
Last Agent to Sell the Property
Real Estate One Chesterfield License #MISPE-6501359436 Listed on: 08/12/2016
Co-Listed By
Coren Merida
Real Estate One Chesterfield License #MISPE-6501376172
Property Details
Home Type
- Multi-Family
Lot Details
- 0.48
Parking
- 6 Car Detached Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Ceiling height of 9 feet or more
- Water Views
- Basement
- Block Basement Construction
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Utilities
- Forced Air Heating System
- Boiler Heating System
- Separate Meters
- Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 74308000022000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2016
Closed on
Apr 14, 2017
Sold by
Bought by
Seller's Agent
Sandra Weber
Real Estate One Chesterfield
Buyer's Agent
Angela Levitan
Drinkwine & Levi Real Estate, LLC
List Price
$160,000
Sold Price
$165,000
Premium/Discount to List
$5,000
3.12%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,154
Avg. Annual Appreciation
9.48%
Purchase Details
Closed on
Dec 31, 2013
Sold by
Bought by
Purchase Details
Closed on
Jul 6, 2010
Sold by
Bought by
Purchase Details
Closed on
Jun 3, 2010
Sold by
Bought by
Purchase Details
Closed on
Mar 18, 2010
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $165,000 | Greater Macomb Title Agency | ||
| -- | None Available | ||
| $60,000 | Multiple | ||
| -- | None Available | ||
| $83,850 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $40,950 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2017 04/14/17 | Sold | $165,000 | +3.1% | $46 / Sq Ft |
| 04/03/2017 04/03/17 | Pending | -- | -- | -- |
| 08/12/2016 08/12/16 | For Sale | $160,000 | -- | $44 / Sq Ft |
Source: Michigan Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,906 | $207,900 | $0 | $0 |
| 2024 | $4,758 | $187,600 | $0 | $0 |
| 2023 | $4,454 | $187,500 | $0 | $0 |
| 2022 | $4,427 | $182,400 | $0 | $0 |
| 2020 | $831 | $171,000 | $171,000 | $0 |
| 2019 | $819 | $115,900 | $0 | $0 |
| 2018 | $4,944 | $115,900 | $0 | $0 |
| 2016 | $1,677 | $115,100 | $0 | $0 |
| 2015 | -- | $104,000 | $104,000 | $0 |
| 2014 | -- | $100,900 | $100,900 | $0 |
| 2013 | -- | $95,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sandra Weber
-
C
Seller Co-Listing Agent in 2017
Coren Merida
Real Estate One Chesterfield
-
Angela Levitan
Buyer's Agent in 2017
Angela Levitan
Drinkwine & Levi Real Estate, LLC
(586) 335-9404
13 Total Sales
Map
Source: Michigan Multiple Listing Service
MLS Number: 31300156
APN: 30-800-0022-000
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Source MLS: MiRealSource
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