NOT LISTED FOR SALE

1895 Allen Rd Unit 1899 A B 1901 1903 Kimball, MI 48074

Estimated Value: $255,000 - $347,000

11 Beds
6 Baths
5,280 Sq Ft
$55/Sq Ft Est. Value

Last Sold February 29, 2012

Last sale price $177,000 $34 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,839/month

60 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of February 2012

This excellent investment offers two properties - one duplex and one fourplex. The duplex has 2 bedroom units with basement, attached garage and great floor plan. The fourplex has one 3 bedroom unit, one 2 bedroom unit and two 1 bedroom units. They also have attractive floor plans, two attached garages, plus an 1800 sq. ft. garage and storage area. To many details to mention. Call for more details. Subject to short sale approval by Bank.

Last Agent to Sell the Property

Joseph Schulte

O Connor Realty, Inc License #MISPE-6502111238 Listed on: 10/13/2011

Last Buyer's Agent

Edward Quain

O Connor Realty, Inc License #MISPE-6502347070

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,926

Year Built

  • Built in 2000

Lot Details

  • 1.3

Parking

  • 4 Car Garage

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Internet Available

Additional Features

  • Deck
  • Lot Dimensions are 80x160

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 742555132100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,926

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Year Built: 2000
  • Mail City: Smiths Creek
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 11
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Dining Kitchen: Eat-In Kitchen
  • Estimated Sq Ft: 5280

Exterior Features

  • Exterior Features: Deck
  • Frontage: 80
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Basement Garage
  • Garage Spaces: 4

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 742555132100
  • Lot Dimensions: 80x160

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Port Huron Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2011
Closed on
Feb 29, 2012
Sold by
Snyder Charles Lee and Snyder Mandy L
Bought by
Grates Steven J
Seller's Agent
Joseph Schulte
O Connor Realty, Inc
Buyer's Agent
Edward Quain
O Connor Realty, Inc
List Price
$199,900
Sold Price
$177,000
Premium/Discount to List
-$22,900
-11.46%
Current Estimated Value
$292,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,826
Avg. Annual Appreciation
3.50%
Original Mortgage
$123,900
Outstanding Balance
$85,804
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$195,826

Purchase Details

Closed on
Nov 29, 2005
Sold by
Rivard Paul B and Rivard Sheri M
Bought by
Snyder Charles Lee and Snyder Michelle Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.36%
Mortgage Type
Commercial
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
Grates Steven J $177,000 None Available
Snyder Charles Lee $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grates Steven J $123,900
Previous Owner Snyder Charles Lee $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2012 02/29/12 Sold $177,000 -11.5% $34 / Sq Ft
12/12/2011 12/12/11 Pending -- -- --
10/13/2011 10/13/11 For Sale $199,900 -- $38 / 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
2025 $2,926 $117,500 $0 $0
2024 $2,926 $110,700 $0 $0
2023 $2,739 $105,000 $0 $0
2022 $3,543 $103,300 $0 $0
2021 $3,296 $93,700 $0 $0
2020 $3,296 $91,500 $38,500 $53,000
2019 $3,235 $77,900 $0 $0
2018 $3,137 $73,200 $0 $0
2017 $3,146 $79,300 $0 $0
2016 $2,463 $79,300 $0 $0
2015 -- $81,500 $0 $81,500
2014 -- $75,200 $0 $75,200
2013 -- $94,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31076642

Michigan Multiple Listing Service

APN: 25-550-0132-100