NOT LISTED FOR SALE

197 N Edgemont St Belleville, MI 48111

Estimated Value: $222,747 - $251,000

3 Beds
2 Baths
1,320 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $125,000 $95 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,562/month

105 Days on Market

Highlights

  • Covered Patio or Porch
  • Accessible Closets
  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Entrance
  • 1-Story Property

About This Home

As of July 2020

RANCH DUPLEX WITH BELLEVILLE LAKE VIEW- DIRECTLY ACROSS THE STREET! CONVENIENT DOWNTOWN LOCATION. WALKING DISTANCE TO ALL CITY EVENTS, CHURCHES, BUSINESS, DINING, PARKS. DUPLEX HAS UPDATED ROOF AND WINDOWS. ONE UNIT HAS 2 BEDROOMS AND IS CURRENTLY RENTED. SECOND UNIT IS A ONE BEDROOM( JUST RECENTLY VACATED) WITH FRESH PAINT AND NEW CARPET THRU-OUT. BOTH UNITS HAVE APPLIANCES. INDIVIDUAL
UTILITY METERS. BOTH HAVE REAR PATIOS AND INDIVIDUAL CONCRETE DRIVE WAYS FOR AMPLE PARKING. WATER/SEWAGE AND GARBAGE PICKUP IS INCLUDED IN THE RENT. AFFORDABLE INVESTMENT OPPORTUNITY!! IN A NICE AREA. INVESTOR COULD HAVE BOTH UNITS RENTED FOR DOUBLE RENTAL INCOME OR BUYER COULD LIVE IN ONE UNIT AND COLLECT INCOME ON SECOND UNIT. CALL LISTING AGENT FOR FUTHER INFO.

Last Agent to Sell the Property

Angela Nettro

Angela Nettro & Co R E License #6504172319 Listed on: 03/16/2020

Last Buyer's Agent

Glenn Silvenis

RE/MAX Crossroads III License #6502321652

RE/MAX Crossroads III

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1964 | Remodeled in 2006

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60.00x112.40
  • Private Entrance

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,320 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Parking

  • Paved Parking
  • On-Street Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Kitchen Appliances
  • Accessible Closets
  • Accessible Washer and Dryer
  • Accessible Entrance

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Net Metering or Smart Meter
  • Separate Water Meter
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 31087010195000

Community Details

Overview

  • 2 Units
  • Huron Park Sub No 1 Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,783

Year Built

Built in 1964 | Remodeled in 2006

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Year Built: 1964
  • State Equalized Value: 55600.0000
  • Year Renovated: 2006
  • Accessibility Features: Accessible Bedroom, Accessible Closets, Accessible Entrance, Accessible Full Bath, Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Laundry Facility, Utility Smart Meter
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1320

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Block
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

  • MF Parking: On Street, Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Separate Meter
  • Heating: Baseboard, Hot Water, Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas, Separate Meters
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 811875.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 60.00X112.40
  • Parcel Number: 31087010195000
  • Zone Conform: Yes
  • Zoning: Multiple

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1350

Tax Info

  • Tax Amount Summer: 2287.0000
  • Tax Amount Winter: 496.0000
  • Total Tax: 2783.0000
  • Taxable Value: 43857.0000

Multi Family

  • Gross Scheduled Income: 16000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Van Buren

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Jul 31, 2020
Sold by
Edgemont Street Properties Llc
Bought by
Duty Lawrence
Seller's Agent
Angela Nettro
Angela Nettro & Co R E
Buyer's Agent
Glenn Silvenis
RE/MAX Crossroads III
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$233,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,437
Avg. Annual Appreciation
12.66%

Purchase Details

Closed on
Mar 17, 2005
Sold by
Cohen Karen S
Bought by
Edgemont Street Properties Llc

Purchase Details

Closed on
Jun 30, 2004
Sold by
Kouza Marvin and Kouza Mazin
Bought by
Cohen Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2000
Sold by
Katke John D
Bought by
Kouza Marvin S
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
Duty Lawrence $125,000 First American Title Ins Co
Edgemont Street Properties Llc -- Multiple
Cohen Karen S $130,000 General Title Agency Inc
Kouza Marvin S $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Karen S $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $125,000 -3.8% $95 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $129,900 -- $98 / 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 $4,047 $106,500 $0 $0
2024 $4,047 $93,600 $0 $0
2023 $3,865 $81,700 $0 $0
2022 $4,645 $74,200 $0 $0
2021 $4,412 $67,500 $0 $0
2020 $2,931 $55,000 $0 $0
2019 $2,882 $55,600 $0 $0
2018 $2,246 $48,400 $0 $0
2017 $982 $47,900 $0 $0
2016 $2,602 $47,000 $0 $0
2015 $4,145 $42,400 $0 $0
2013 $4,280 $45,300 $0 $0
2012 $2,337 $41,300 $11,700 $29,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Angela Nettro

    Angela Nettro & Co R E

    Section Image
  • Glenn Silvenis

    Buyer's Agent in 2020

    Glenn Silvenis

    RE/MAX

    (734) 740-3000

    60 in this area

    252 Total Sales

    Glenn Silvenis
    Section Image
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Map

Source: Realcomp

MLS Number: 2200022202

Realcomp

APN: 31-087-01-0195-000

Michigan Wayne County Belleville 48111

197 N Edgemont St, Belleville, MI

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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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