NOT LISTED FOR SALE

201 3rd St Fenton, MI 48430

Estimated Value: $232,000 - $288,000

3 Beds
2 Baths
1,502 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $85,000 $57 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $1,699/month

74 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Fenced
  • Fenton Senior High School Rated 9+
  • Private Entrance

About This Home

As of March 2016

EXCELLENT INVESTMENT OPPORTUNITY TO OWN A DUPLEX A FEW BLOCKS FROM DOWNTOWN FENTON. UNITS ARE SEPARATELY METERED. THE SELLER HAS UPDATED THE ROOF, ELECTRICAL, PLUMBING, CENTRAL AIR UNITS, BOTH FURNACES, HOT WATER HEATER AND HAS REINFORCED THE FOUNDATION AND ADDED WATER PROOFING. ALL THE GUESS WORK ON POSSIBLY MAINTENANCE AND MECHANICAL COSTS ARE ELIMINATED WITH THESE UPDATES. UPPER UNIT HAS AN EXCELLENT RENTER IN IT AND HAS EXTENDED THEIR LEASE. LOWER 2 BEDROOM UNIT IS VACANT BUT COMPS SHOW TWO BEDROOM UNITS RENT FOR $800+/MO. THE BASEMENT IS FULLY FUNCTIONAL AND HOUSES A LAUNDRY AREA FOR TENANTS. THE OVER-SIZED TWO CAR GARAGE ALLOWS TENANTS COVERED PARKING.

Last Agent to Sell the Property

Jeff Mohr

Willingham Real Estate, LLC License #6501277754 Listed on: 11/17/2015

Last Buyer's Agent

Jeff Mohr

Willingham Real Estate, LLC License #6501277754 Listed on: 11/17/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901 | Remodeled in 2008

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x150x60x150
  • Private Entrance
  • Fenced

Home Design

  • Duplex
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,502 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement

Outdoor Features

  • Exterior Lighting

Utilities

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

Community Details

  • 2 Units
  • Booth And Miles Northern Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5325551059

Property Details

Home Type

Multi-Family

Year Built

Built in 1901 | Remodeled in 2008

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1901
  • Year Renovated: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1502
  • Total Sq Ft: 1502
  • Sq Ft Total Bsmt: 838

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced, Lighting, Private Entry
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Fenton

Lot Info

  • List Price per Acre: 451904.7619
  • Lot Size Area: 0.21
  • Lot Dimensions: 60X150X60X150
  • Parcel Number: 5325551059
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1200

Tax Info

  • Tax Amount Summer: 1942.0000
  • Tax Amount Winter: 529.0000
  • Total Tax: 2471.0000

Multi Family

  • Gross Scheduled Income: 14400.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Fenton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2019
Sold by
Hamlet Terri Ann
Bought by
Fenton Home Properties Llc
Current Estimated Value
$264,792

Purchase Details

Listed on
Nov 17, 2015
Closed on
Feb 29, 2016
Sold by
Zezula Mark and Kelley Kathleen
Bought by
Hamlet Terri
Seller's Agent
Jeff Mohr
Willingham Real Estate, LLC
Buyer's Agent
Jeff Mohr
Willingham Real Estate, LLC
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.23%

Purchase Details

Closed on
Apr 4, 2008
Sold by
Loughead William J and Matthews Kristin
Bought by
Zezula Mark

Purchase Details

Closed on
Aug 16, 1999
Sold by
Zezula Mark A
Bought by
Zezula Mark A and Loughead William J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fenton Home Properties Llc -- None Available
Hamlet Terri $85,000 First American Title Ins Co
Zezula Mark -- Metro Title Corp
Zezula Mark A -- Metropolitan Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $85,000 -14.9% $57 / Sq Ft
01/30/2016 01/30/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $99,900 -- $67 / 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
2024 $3,604 $108,500 $0 $0
2023 $3,435 $96,200 $0 $0
2022 $4,238 $82,500 $0 $0
2021 $3,887 $85,200 $0 $0
2020 $2,939 $77,500 $0 $0
2019 $2,901 $74,000 $0 $0
2018 $3,694 $63,700 $0 $0
2017 $3,576 $59,500 $0 $0
2016 $2,461 $56,400 $0 $0
2015 $2,496 $49,300 $0 $0
2012 -- $40,200 $40,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215123436

Realcomp

APN: 53-25-551-059