NOT LISTED FOR SALE

Estimated Value: $89,361

Studio
-- Baths
5,500 Sq Ft
$16/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2014

Last sale price $44,900 $8 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $601 / mo

116 Days on Market

Highlights

  • 4 Car Detached Garage
  • Forced Air Heating System
  • Wood Siding
  • Porch
  • Laundry Facilities

About This Home

As of May 2014

Enjoy a nice cash flow with the income provided by this 4 plex which has been gone through and refreshed with new electrical in every unit, updated furnaces and appliances all clean and ready to go. Each spacious unit has 3 bedrooms a great open dining and living area, full bath, great storage and big dry poured wall basements offering plenty of options. There are 5 garages rented separately at $60 per month per and a two car garage at $120 a month and can be available to tenants or rented to others. A total of $1720 per month at capacity and with low mortgage payments and reasonable taxes this property makes a lot of sense. Call your bank and see. There is a good occupancy rate and you could choose to live in one unit for free while others make your payments. There is a big freshly landscaped yard in back and the neighborhood is friendly. A big day care center is located right across the street and the school is close by bringing extra desirability to this location when tenants are ma

Last Agent to Sell the Property

Brian Olson

NORTHERN MICHIGAN LAND BROKERS License #UPAR Listed on: 12/30/2013

Last Buyer's Agent

Brian Olson

NORTHERN MICHIGAN LAND BROKERS License #UPAR Listed on: 12/30/2013

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 26,572 Sq Ft Lot
  • Lot Dimensions are 215x153x82x55x59x110

Parking

  • 4 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

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

Additional Features

  • Porch
  • Forced Air Heating System

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 520526602400

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.61 Acres

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1960
  • Mail City: Gwinn
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction: Wood
  • Exterior Features: Porch

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 520526602400
  • Lot Dimensions: 215x153x82x55x59x110
  • Acreage: 0.61
  • Geo Subdivision: MI

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Gwinn Area Community Schools

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

Listed on
Dec 30, 2013
Closed on
May 21, 2014
Seller's Agent
Brian Olson
NORTHERN MICHIGAN LAND BROKERS
Buyer's Agent
Brian Olson
NORTHERN MICHIGAN LAND BROKERS
List Price
$44,900
Sold Price
$44,900
Current Estimated Value
$89,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,461
Avg. Annual Appreciation
5.78%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Gwinn, MI

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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
-- $44,900 --
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
05/30/2014 05/30/14 Sold $44,900 0.0% $8 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $44,900 -- $8 / Sq Ft
Source: Upper Peninsula 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 $1,333 $60,000 $0 $0
2025 $406 $48,000 $0 $0
2024 $4 $50,100 $0 $0
2023 $376 $24,900 $0 $0
2022 $1,424 $29,300 $0 $0
2021 $1,417 $30,400 $0 $0
2020 $1,396 $29,300 $0 $0
2019 $1,334 $27,700 $0 $0
2018 $1,371 $29,200 $0 $0
2017 $1,298 $27,900 $0 $0
2016 $1,302 $27,900 $0 $0
2015 -- $27,900 $0 $0
2014 -- $29,200 $0 $0
2012 -- $28,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071414

Upper Peninsula Association of REALTORS®

APN: 52-05-266-024-00

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