NOT LISTED FOR SALE

1900 Phillips Ave Holt, MI 48842

Holt Area

Estimated Value: $218,259

Studio
4 Baths
3,110 Sq Ft
$70/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2019

Last sale price $183,990 $59 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,690 / mo

4 Days on Market

About This Home

As of May 2019

Great investment opportunity. 4 unit apartment building located in the Holt school system. Each unit is a 2 bedroom, 1 bath apartment with 2 parking spaces.

Last Agent to Sell the Property

David Barone

RE/MAX Real Estate Professionals License #6506039233 Listed on: 04/01/2019

RE/MAX Real Estate Professionals

Last Buyer's Agent

Peter MacIntyre

RE/MAX Real Estate Professionals License #6506040989

RE/MAX Real Estate Professionals

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 1,024 Sq Ft Lot
  • Lot Dimensions are 66x155

Home Design

  • Bi-Level Home
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,110 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • No Garage

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $33,300

Community Details

Overview

  • 4 Units
  • Phillips Subdivision

Building Details

  • Insurance Expense $2,004
  • Other Expense $580
  • Water Sewer Expense $1,500
  • New Taxes Expense $4,856
  • Operating Expense $6,936
  • Net Operating Income $20,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

1,024 Sq Ft Lot

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1970
  • MLS Status: Closed
  • Standard Status: Closed
  • Above Grade Finished Sq Ft: 3110.0
  • Architectural Style: Bi-Level
  • General Property Info:Lot Size Dimensions: 66x155
  • General Property Info:Above Grade Finished Area: 3110.0
  • Architectural Style:Bi-Level: Yes
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Hot Water, Natural Gas
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding
  • Exterior:Aluminum Siding: Yes
  • Roof:Shingle: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • Parking Features: Asphalt, No Garage, Joint
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 8
  • General Property Info:Parking Total: 8
  • Parking Features:Joint: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • SecurityFeatures: Smoke Detector(s)
  • Utilities: Cable Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Heating:Hot Water: Yes

Fee Information

  • Annual Water Sewer Expense: 1500.0

Schools

  • Junior High Dist: Holt/Dimondale

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size: 66x155
  • Lot Size Sq Ft: 1023.66
  • ResoLotSizeUnits: Acres
  • Land Acreage:Up to 14 Acre: Yes

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 2004.0
  • Property Net Operating Income: 20940.0

Tax Info

  • New Taxes Expense: 4856.0
  • Tax Info:Taxable Value: 69324.0
  • Tax Info:State Eq Value: 71100.0

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

Closed on
Dec 15, 2020
Sold by
Home Is The Best Llc
Bought by
Current Estimated Value
$218,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$111,224
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$107,035

Purchase Details

Closed on
Aug 9, 2019
Sold by
Yang Jie
Bought by
Home Is The Best Llc

Purchase Details

Listed on
Apr 1, 2019
Closed on
May 24, 2019
Sold by
Franklin Hart Investments Llc
Bought by
Yang Jie
Seller's Agent
David Barone
RE/MAX Real Estate Professionals
Buyer's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
List Price
$169,900
Sold Price
$183,990
Premium/Discount to List
$14,090
8.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%
Original Mortgage
$137,990
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2013
Sold by
Derose Frank L and Derose Ines I
Bought by
Jt & F Llc

Purchase Details

Closed on
Jan 19, 2005
Sold by
Derose Frank L and Derose Giuseppe C
Bought by
Jt & F Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Holt, MI

  • Tabitha Cox Real Estate Agent - Five Star Real Estate Whitehall

    Tabitha Cox

    Five Star Real Estate Whitehall

    (231) 538-6513

    60 Total Sales

    4 in Holt

    $75K - $225K Price Range

    Tabitha Cox
     Section Image
  • Amanda Rogers Real Estate Agent - Rogers Neighborhood Realty

    Amanda Rogers

    Rogers Neighborhood Realty

    (269) 397-3665

    197 Total Sales

    1 in Holt

    $389,900 Price

    Amanda Rogers
     Section Image
  • David Hall Real Estate Agent - Achieve Real Estate LLC

    David Hall

    Achieve Real Estate LLC

    (517) 481-4093

    127 Total Sales

    2 in Holt

    $160K - $190K Price Range

    David Hall
     Section Image
  • Tom Hands Real Estate Agent - The Local Element

    Tom Hands

    The Local Element

    (517) 319-1601

    28 Total Sales

    1 in Holt

    $389,000 Price

    Tom Hands
     Section Image
  • Thomas Barrett Real Estate Agent - Keller Williams Realty Lansing

    Thomas Barrett

    Keller Williams Realty Lansing

    (517) 777-0896

    153 Total Sales

    1 in Holt

    $210,000 Price

    Thomas Barrett
     Section Image
  • Lisa Fletcher Real Estate Agent - Berkshire Hathaway HomeServices

    Lisa Fletcher

    Berkshire Hathaway HomeServices

    (517) 816-8074

    236 Total Sales

    8 in Holt

    $85K - $665K Price Range

    Lisa Fletcher
     Section Image
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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
-- Liberty Title
Home Is The Best Llc -- None Available
Franklin Hart Investments Llc $235,000 None Available
Yang Jie $183,990 None Available
Jt & F Llc -- Tri County Title Agency Llc
Jt & F Llc -- --
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
Open $165,000
Previous Owner Yang Jie $137,990
Previous Owner Derose & Derose & Coscarella Partnership $46,767
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
05/24/2019 05/24/19 Sold $183,990 +8.3% $59 / Sq Ft
04/01/2019 04/01/19 For Sale $169,900 -- $55 / Sq Ft
Source: Greater Lansing Association of Realtors®

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
2026 $5,393 $122,500 $12,000 $110,500
2025 $996 $104,400 $12,000 $92,400
2024 $10 $88,500 $11,000 $77,500
2023 $5,026 $71,300 $8,000 $63,300
2022 $4,991 $71,300 $8,000 $63,300
2021 $5,027 $71,300 $8,000 $63,300
2020 $5,084 $71,300 $8,000 $63,300
2019 $4,877 $71,100 $8,000 $63,100
2018 $4,856 $67,700 $8,000 $59,700
2017 $4,636 $67,700 $8,000 $59,700
2016 $5,076 $67,700 $8,000 $59,700
2015 $5,160 $67,000 $16,000 $51,000
2014 $5,160 $67,000 $16,000 $51,000
Source: Public Records

Agents Affiliated with this Home

  • David Barone Real Estate Agent - RE/MAX Michigan

    Seller's Agent in 2019

    David Barone

    RE/MAX Michigan

    (517) 719-5727

    61 Total Sales

    David Barone
    Section Image
  • Peter MacIntyre Real Estate Agent - RE/MAX Michigan

    Buyer's Agent in 2019

    Peter MacIntyre

    RE/MAX Michigan

    (517) 256-6664

    459 Total Sales

    Peter MacIntyre
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 235015

Greater Lansing Association of Realtors®

APN: 25-05-22-230-007

Michigan Ingham County Holt 48842

1900 Phillips Ave, Holt, MI

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.

Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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