$85,000
SOLD FEB 15, 2023

1913 16th St Port Huron, MI 48060

5 Beds
2 Baths
1,770 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

15% Below List Price

69 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Garage
  • Laundry Facilities
  • Forced Air Heating System

About This Home

As of September 2023

Great 2-unit income property is fully occupied! Spacious 3 BR main floor unit has basement access and rents for $850.00 p/mo. Big 2 BR upper has it's own LR and kitchen and rents for $700.00 p/mo. Convenient off alley parking, 1 car garage for storage, large covered front porch. Very affordable investment opportunity!

Last Agent to Sell the Property

Tom Schrader

KW Platinum Port Huron License #6501300197 Listed on: 11/02/2022

KW Platinum Port Huron

Last Buyer's Agent

Lindsay Sammut

@properties Christie's Int'l R.E. Birmingham License #6501444340

@properties Christie's Int'l R.E. Birmingham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1933

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42x125

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,770 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74061980025000
  • $1,700 Seller Concession

Community Details

Overview

  • 2 Units
  • Assessors Plat Of The Weyers Land Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,294

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Duplex
  • Architecture Level: 2 Story
  • Assessment: 25.00
  • Year Built: 1933
  • State Equalized Value: 32300.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, Circuit Breakers, Laundry Facility, Fuses
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1770
  • Total Sq Ft: 1770
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 42
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: W

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric, Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Fee Information

  • Operating Expense: 4847.00

Schools

  • School District: Port Huron

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 42x125
  • Parcel Number: 74061980025000
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Rent Includes: Heat, Water/Sewer, Water
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1550

Tax Info

  • Tax Amount Summer: 1209.0000
  • Tax Amount Winter: 85.0000
  • Total Tax: 1294.0000
  • Taxable Value: 20489.0000

Multi Family

  • Gross Scheduled Income: 18600.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Port Huron

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Oct 4, 2023
Sold by
Zack Jamie E
Bought by
Vivesco Properties Llc
Seller's Agent
Kaitlyn Pangrazzi
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Ben Perry
KW Platinum
List Price
$129,000
Sold Price
$126,500
Premium/Discount to List
-$2,500
-1.94%
Views
35
Current Estimated Value
$134,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,683
Avg. Annual Appreciation
-2.35%
Original Mortgage
$101,200
Outstanding Balance
$100,320
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$20,641

Purchase Details

Listed on
Nov 2, 2022
Closed on
Mar 14, 2023
Sold by
Legacy Enterprises Group Llc
Bought by
Zack Jamie E
Seller's Agent
Tom Schrader
KW Platinum Port Huron
Buyer's Agent
Lindsay Sammut
@properties Christie's Int'l R.E. Birmingham
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%
Views
107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.48%
Original Mortgage
$63,750
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2022
Closed on
Feb 15, 2022
Sold by
John Tenniswood William
Bought by
Legacy Enterprises Group Llc
Seller's Agent
Tom Schrader
KW Platinum Port Huron
Buyer's Agent
Tom Schrader
KW Platinum Port Huron
List Price
$77,000
Sold Price
$77,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Source: Public Records

Similar Home in Port Huron, MI

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 Type Sale Price Title Company
Warranty Deed $126,500 Ata National Title Group
Warranty Deed $85,000 Liberty Title
Warranty Deed $500,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,200 New Conventional
Previous Owner $63,750 New Conventional
Previous Owner $206,250 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $126,500 -1.9% $75 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $129,000 +51.8% $77 / Sq Ft
02/15/2023 02/15/23 Sold $85,000 -10.4% $48 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
12/07/2022 12/07/22 Price Changed $94,900 -5.0% $54 / Sq Ft
11/02/2022 11/02/22 For Sale $99,900 +29.7% $56 / Sq Ft
02/15/2022 02/15/22 Sold $77,000 0.0% $44 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/13/2022 02/13/22 For Sale $77,000 -- $44 / 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 $3,682 $65,000 $0 $0
2024 $3,682 $62,800 $0 $0
2023 $2,871 $45,400 $0 $0
2022 $1,354 $37,300 $0 $0
2021 $1,294 $32,300 $0 $0
2020 $1,299 $28,500 $28,500 $0
2019 $1,276 $20,100 $0 $0
2018 $1,247 $20,100 $0 $0
2017 $1,145 $18,800 $0 $0
2016 $1,012 $18,800 $0 $0
2015 $1,045 $18,800 $18,800 $0
2014 $1,045 $19,400 $19,400 $0
2013 -- $20,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221057175

Realcomp

APN: 06-198-0025-000