NOT LISTED FOR SALE

1901 Allen Rd Unit 1903 Kimball, MI 48074

Estimated Value: $397,000 - $526,000

11 Beds
5 Baths
3,120 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 29, 2012

Last sale price $177,000 $57 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,920/month

134 Days on Market

Highlights

  • 1.3 Acre Lot
  • Forced Air Heating System
  • Garage
  • 1-Story Property

About This Home

As of February 2012

EXCELLENT INVESTMENT OPPORTUNITY - PRICE INCLUDES TWO PROPERTIES - ONE HAS 4 RENTAL UNITS - ONE 3 BEDROOM, ONE 2 BEDROOM AND TWO 1 BEDROOM UNITS, THE OTHER HAS TWO UNITS BOTH 2 BEDROOMS, FULL BASEMENTS, ATTACHED GARAGES, NICE FLOOR PLANS AND MUCH MORE. ON THE 4 PLEX PROPERTY THERE IS ALSO AN 1800 SQ. FT. GARAGE FOR STORAGE AREA. OTHER TAX PLATE #74-25-550-1320-100. SUBJECT TO SHORT SALE APPROVAL.

Last Agent to Sell the Property

Ed Quain

O'Connor Realty, Inc License #6501312176 Listed on: 10/13/2011

Co-Listed By

Joe Schulte

O'Connor Realty, Inc License #6501212883

Last Buyer's Agent

Ed Quain

O'Connor Realty, Inc License #6501312176 Listed on: 10/13/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 1.3 Acre Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 5 Full Bathrooms
  • 3,120 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Crawl Space

Parking

  • Garage
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 6 Units
  • Suprvr's Creamery Farm Plat Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74255500132200

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Year Built: 2000
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3120
  • Total Sq Ft: 3120

Exterior Features

  • Foundation Details: Basement, Crawl
  • Construction Materials: Vinyl
  • Frontage Feet: 100
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces, Garages

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Port Huron

Lot Info

  • List Price per Acre: 153769.0000
  • Lot Size Area: 1.30
  • Lot Dimensions: 100XIRREGULAR
  • Parcel Number: 74255500132200
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Rental Info

  • Rent Includes: Water/Sewer
  • Monthly Rental Income: 2375

Tax Info

  • Tax Amount Summer: 4612.0000
  • Tax Amount Winter: 1176.0000
  • Total Tax: 5788.0000

Multi Family

  • Gross Scheduled Income: 28500.00
  • Number Of Units Total: 6
  • Number of One Bedroom Units: 2
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 3
  • Number Of Units Leased: 6

MLS Schools

  • School District: Port Huron

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
Ed Quain
O'Connor Realty, Inc
Buyer's Agent
Ed Quain
O'Connor Realty, Inc
List Price
$199,900
Sold Price
$177,000
Premium/Discount to List
-$22,900
-11.46%
Current Estimated Value
$451,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,185
Avg. Annual Appreciation
7.10%
Original Mortgage
$123,900
Outstanding Balance
$85,192
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$365,993

Purchase Details

Closed on
May 20, 2010
Sold by
Sidenstecker William C and Suessine Michele L
Bought by
Csb Bank

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
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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
Grates Steven J $177,000 None Available
Csb Bank $65,589 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 List to Sale Price per Sq Ft
02/29/2012 02/29/12 Sold $177,000 -11.5% $57 / Sq Ft
02/24/2012 02/24/12 Pending -- -- --
10/13/2011 10/13/11 For Sale $199,900 -- $64 / Sq Ft
Source: Realcomp

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 $6,425 $200,400 $0 $0
2024 $4,762 $212,100 $0 $0
2023 $4,457 $200,400 $0 $0
2022 $5,766 $190,200 $0 $0
2021 $5,355 $171,000 $0 $0
2020 $5,355 $168,900 $34,100 $134,800
2019 $5,256 $149,600 $0 $0
2018 $5,106 $122,400 $0 $0
2017 $5,260 $137,600 $0 $0
2016 $4,268 $137,600 $0 $0
2015 -- $139,300 $9,400 $129,900
2014 -- $130,300 $9,400 $120,900
2013 -- $128,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ed Quain

    Seller's Agent in 2012

    Ed Quain

    O'Connor Realty, Inc

    (810) 343-6013

    30 in this area

    229 Total Sales

    Ed Quain
    Section Image
  • Joe Schulte

    Seller Co-Listing Agent in 2012

    Joe Schulte

    O'Connor Realty, Inc

    (810) 252-2681

    11 in this area

    83 Total Sales

    Joe Schulte
    Section Image
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Map

Source: Realcomp

MLS Number: 211108011

Realcomp

APN: 25-550-0132-200

Michigan St. Clair County Kimball 48074

1901 Allen Rd Unit 1903, Kimball, MI

This home is located at 1901 Allen Rd Unit 1903, Kimball, MI 48074 since 13 October 2011 and is currently estimated at $451,185, approximately $144 per square foot. This property was built in 2000. 1901 Allen Rd Unit 1903 is a home located in St. Clair County with nearby schools including Kimball Elementary School, Central Middle School, and Port Huron High School.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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