NOT LISTED FOR SALE

1880 N 5 Mile Rd Sanford, MI 48657

Estimated Value: $365,000 - $423,000

2 Beds
1 Bath
1,000 Sq Ft
$384/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $240,000 $240 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,630/month

3 Days on Market

Highlights

  • 2.03 Acre Lot
  • 1 Car Attached Garage
  • Ceiling Fan
  • Deck
  • Forced Air Heating System
  • Many Trees

About This Home

As of February 2021

Original owner. These duplexes were built in 1978 by the owner. Each duplex has 1000 square feet, 2 bedrooms, 1.5 baths, and is on a full basement. There is an attached 2 car garage on each building, allowing 1 garage per unit. These units have been well maintained over the years. Snow removal, lawn care, gas and electric are currently taken care of by tenants. The owner pays the water bill. The 1880 unit has a new drain field this year.

Last Agent to Sell the Property

Vicki Strouse

RE/MAX of Midland License #MBR-6501185225 Listed on: 12/07/2020

RE/MAX of Midland

Co-Listed By

Thomas Strouse

RE/MAX of Midland License #MBR-6506009047

Last Buyer's Agent

Linda Berth

Coldwell Banker Professionals License #MBR-6502322970

Coldwell Banker Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1978

Lot Details

  • 2.03 Acre Lot
  • Lot Dimensions are 285.5 x310
  • Many Trees

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Attached Garage
  • Unassigned Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater
  • Septic Tank

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 110-034-200-560-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Flood Insurance: Not Required
  • Total Tax Amount: 6520.57
  • Total Tax Year: 2020
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block, Full
  • Bedrooms: 2
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Sub Room Description: Entry
  • Half Bathrooms: 1
  • Source of Sq Ft: Estimated
  • Estimated Sq Ft: 1000

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Deck
  • Frontage: 319
  • Sideof Street: E
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Spaces: 1
  • Parking: Covered Parking, Unassigned/General

Utilities

  • Water: Public Water
  • Water Heater: Electric, Gas
  • Cooling System: Ceiling Fan(s)
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Septic

Lot Info

  • Assessor Parcel Number: 110-034-200-560-00
  • Location: Main Street
  • Lot Dimensions: 285.5 X310
  • Acreage: 2.03
  • Lot Description: Treed
  • Zoning: Multi-Family, Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes
  • Lease Information: Month-To-Month, No Pets Allowed

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,378.04
  • Winter Tax: Year: 2020, Amount: $5,142.53
  • Taxable Value: 126478
  • Total Tax: Year: 2020, Amount: $6,520.57

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Meridian Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 12, 2021
Sold by
Mclean Russell and Mclean Judith E
Bought by
Boles Elson E and Azu Masumi
Seller's Agent
Vicki Strouse
RE/MAX of Midland
Buyer's Agent
Linda Berth
Coldwell Banker Professionals
List Price
$221,900
Sold Price
$240,000
Premium/Discount to List
$18,100
8.16%
Current Estimated Value
$355,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,484
Avg. Annual Appreciation
11.01%
Original Mortgage
$223,200
Outstanding Balance
$200,202
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$183,363
Source: Public Records

Range of Values:

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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
Boles Elson E $232,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boles Elson E $223,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $240,000 +8.2% $240 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $221,900 -- $222 / Sq Ft
Source: Midland Board 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 $8,206 $172,300 $0 $0
2024 $1,702 $164,200 $0 $0
2023 $1,621 $155,800 $0 $0
2022 $7,474 $141,700 $0 $0
2021 $6,720 $134,600 $0 $0
2020 $6,521 $135,200 $0 $0
2019 $6,342 $134,800 $134,800 $0
2018 $6,197 $135,700 $135,700 $0
2017 $0 $136,900 $136,900 $0
2016 $5,816 $134,900 $134,900 $0
2014 -- $122,000 $122,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Vicki Strouse

    Seller's Agent in 2021

    Vicki Strouse

    RE/MAX Michigan

    (989) 430-5861

    27 in this area

    79 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Thomas Strouse

    RE/MAX Michigan

    Section Image
  • Linda Berth

    Buyer's Agent in 2021

    Linda Berth

    Coldwell Banker Professionals

    (989) 205-0920

    47 in this area

    63 Total Sales

    Section Image
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Map

Source: Midland Board of REALTORS®

MLS Number: 50030260

Midland Board of REALTORS®

APN: 110-034-200-560-00

Michigan Midland County Sanford 48657

1880 N 5 Mile Rd, Sanford, MI

This home is located at 1880 N 5 Mile Rd, Sanford, MI 48657 since 07 December 2020 and is currently estimated at $383,565, approximately $383 per square foot. This property was built in 1978. 1880 N 5 Mile Rd is a home located in Midland County with nearby schools including Meridian Elementary School, Meridian Junior High School, and Meridian Early College High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midland Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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