NOT LISTED FOR SALE

201 N Lapeer St Davison, MI 48423

Estimated Value: $155,000 - $205,000

4 Beds
2 Baths
1,300 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $49,000 $38 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $1,114/month

9 Days on Market

Highlights

  • Covered Patio or Porch
  • Hill Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of March 2017

This Historic Home in Davison is a Great Investment Opportunity. The Duplex was Previously Rented Both Up Stairs and Main Level for 8 years. This is a Nice Investment Income Producing Property. Buy it Live in Lower Level Rent the Upper Level out. Lots of Great Options Home is Currently Under Renovations. Both Kitchens Upper & Lower along with up stairs Bathroom Are being in the starting stages for New Owner To Update & Renovate. There Are Original Oak Hardwood Floors & Doors and Trim Throughout the Home. The House is currently separate Metered for electric & gas with 2 Hot Water Tanks Home is not Occupied PROPERTY IS CURRENTLY BEING SOLD AS IS CONDITION Davison Schools.

Last Agent to Sell the Property

Randy Minto

Century 21 Metro Brokers-Davison License #6501364943 Listed on: 02/06/2017

Century 21 Metro Brokers-Davison

Last Buyer's Agent

Christina Buttigieg

Keller Williams Lakeside License #RCO-6501331092

Keller Williams Lakeside

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,300 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • E W Risings Second Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5210504032

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 256.37
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1300
  • Total Sq Ft: 1300
  • Sq Ft Total Bsmt: 759

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Block
  • Frontage Feet: 66
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

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: Davison

Lot Info

  • List Price per Acre: 299500.0000
  • Lot Size Area: 0.20
  • Lot Dimensions: 66x132
  • Parcel Number: 5210504032
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 500

Tax Info

  • Tax Amount Summer: 1272.3400
  • Tax Amount Winter: 1215.7400
  • Total Tax: 2488.0800

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Davison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Mar 17, 2017
Sold by
Solar Sales Of Michigan Llc
Bought by
E P Y Llc
Seller's Agent
Randy Minto
Century 21 Metro Brokers-Davison
Buyer's Agent
Christina Buttigieg
Keller Williams Lakeside
List Price
$59,900
Sold Price
$49,000
Premium/Discount to List
-$10,900
-18.2%
Current Estimated Value
$184,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,545
Avg. Annual Appreciation
15.71%

Purchase Details

Listed on
Feb 6, 2017
Closed on
Mar 14, 2017
Sold by
Miller William G
Bought by
Solar Sales Of Michigan Llc
Seller's Agent
Randy Minto
Century 21 Metro Brokers-Davison
Buyer's Agent
Christina Buttigieg
Keller Williams Lakeside
List Price
$59,900
Sold Price
$49,000
Premium/Discount to List
-$10,900
-18.2%

Purchase Details

Closed on
Jun 11, 2011
Sold by
William G Miller Revocable Trust
Bought by
Solar Sales Of Michigan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 29, 2010
Sold by
Thomas Timothy W
Bought by
William G Miller Revocable Trust

Purchase Details

Closed on
Dec 21, 2005
Sold by
Young James T and Young Doreen
Bought by
Thomas Timothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
E P Y Llc $49,000 Garrow Title Agency Llc
Solar Sales Of Michigan Llc $5,133 None Available
Solar Sales Of Michigan Llc $35,000 None Available
William G Miller Revocable Trust $102,420 None Available
Thomas Timothy W $105,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solar Sales Of Michigan Llc $35,000
Previous Owner Thomas Timothy W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold $49,000 0.0% $38 / Sq Ft
03/17/2017 03/17/17 Sold $49,000 -18.2% $38 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
02/15/2017 02/15/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $59,900 0.0% $46 / Sq Ft
02/02/2017 02/02/17 Price Changed $59,900 -7.8% $46 / Sq Ft
01/05/2017 01/05/17 For Sale $65,000 +32.7% $50 / Sq Ft
12/31/2016 12/31/16 Off Market $49,000 -- --
12/19/2016 12/19/16 Price Changed $65,000 -7.0% $50 / Sq Ft
11/29/2016 11/29/16 Price Changed $69,900 -6.8% $54 / Sq Ft
09/19/2016 09/19/16 For Sale $75,000 0.0% $58 / Sq Ft
09/11/2016 09/11/16 For Sale $75,000 0.0% $58 / Sq Ft
09/02/2016 09/02/16 For Sale $75,000 +53.1% $58 / Sq Ft
08/26/2016 08/26/16 Off Market $49,000 -- --
08/18/2016 08/18/16 For Sale $75,000 +53.1% $58 / Sq Ft
08/11/2016 08/11/16 Off Market $49,000 -- --
02/11/2016 02/11/16 For Sale $75,000 -- $58 / 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 $1,671 $57,900 $0 $0
2023 $1,604 $54,600 $0 $0
2022 $3,193 $52,100 $0 $0
2021 $3,058 $50,100 $0 $0
2020 $1,392 $49,000 $0 $0
2019 $1,374 $45,800 $0 $0
2018 $2,757 $41,600 $0 $0
2017 $2,344 $40,600 $0 $0
2016 $2,402 $38,300 $0 $0
2015 $2,429 $34,400 $0 $0
2012 -- $33,400 $33,400 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Randy Minto

    Century 21 Metro Brokers-Davison

    Section Image

  • R

    Seller's Agent in 2017

    Randall Minto

    Century 21 Metro Brokers

  • Christina Buttigieg

    Buyer's Agent in 2017

    Christina Buttigieg

    Keller Williams Lakeside

    (248) 227-3549

    29 Total Sales

    Christina Buttigieg
    Section Image

  • N

    Buyer's Agent in 2017

    Non Member

    Non-Member

See All Agents

Map

Source: Realcomp

MLS Number: 217009100

Realcomp

APN: 52-10-504-032

Michigan Genesee County Davison 48423

201 N Lapeer St, Davison, MI

This home is located at 201 N Lapeer St, Davison, MI 48423 since 06 February 2017 and is currently estimated at $184,545, approximately $141 per square foot. This property was built in 1912. 201 N Lapeer St is a home located in Genesee County with nearby schools including Thomson Elementary School, Hill Elementary School, and Gates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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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