NOT LISTED FOR SALE

202 S Main St Olivet, MI 49076

Estimated Value: $195,000 - $222,000

Studio
-- Bath
-- Sq Ft
0.64 Acre Lot

Sale Details

Date Sold: July 11, 2022

Last sale price $170,000

Est. 21% increase in value since last sale

Current estimated payment $1,523 / mo

66 Days on Market

Highlights

  • Wooded Lot
  • Forced Air Heating System
  • High Speed Internet
  • Corner Lot

About This Home

As of July 2022

2-unit investment opportunity or live in one and rent the other! Front unit has been updated 3 bedrooms 1 1/2 baths with laundry! Back unit has 2 bedrooms, 1 bath, single car attached garage laundry hookup available! large, beautiful lot potentially for another unit, new roof 2019! Separate utilities and water and sewer. Walking distance to college and downtown!!

Last Agent to Sell the Property

Benny Hart

Spaul-Ding Associates License #6501142007 Listed on: 04/08/2022

Co-Listed By

Rich Mattea

Spaul-Ding Associates License #6501118771

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,989

Year Built

  • Built in 1930

Lot Details

  • 27,878 Sq Ft Lot
  • Lot Dimensions are 84x326
  • Corner Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 13 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,989

Year Built

Built in 1930

Lot Details

0.64 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1930
  • General Property Info:Basement: Yes
  • Driveway:Driveway: Gravel
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: High Speed Internet, Cable Available, Electricity Available, Natural Gas Available, Public Sewer, Public Water, Phone Available
  • Lot Description:Lot Description: Corner Lot, Level, Sidewalk, Wooded
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 175000.0
  • Lot Features: Corner Lot, Level, Sidewalk, Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel
  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air

Lot Info

  • Lot Size Acres: 0.64
  • Lot Size Area: 0.64
  • Lot Dimensions: 84x326
  • Lot Size Sq Ft: 27878.0

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection

Multi Family

  • Number of Units Total: 13

Tax Info

  • Tax Annual Amount: 1989.0
  • Tax Year: 2021

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
Apr 8, 2022
Closed on
Jul 12, 2022
Sold by
Bought by
Seller's Agent
Benny Hart
Spaul-Ding Associates
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Current Estimated Value
$205,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,789
Avg. Annual Appreciation
4.92%
Original Mortgage
$120,000
Outstanding Balance
$95,723
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$110,066

Purchase Details

Closed on
Sep 28, 2006
Sold by
Bought by
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$160,000 Ata National Title Group
-- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $120,000
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
07/11/2022 07/11/22 Sold $170,000 -2.9% --
06/13/2022 06/13/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $175,000 -- --
Source: MichRIC

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 $5,014 $109,300 $0 $0
2025 $1,943 $95,000 $0 $0
2024 $1,913 $77,665 $0 $0
2023 $4,704 $70,712 $0 $0
2022 $1,280 $61,021 $0 $0
2021 $2,003 $57,070 $0 $0
2020 $1,988 $55,148 $0 $0
2019 $1,191 $51,781 $0 $0
2018 $0 $48,057 $0 $0
2017 -- $48,450 $0 $0
2016 -- $48,833 $0 $0
2015 -- $48,983 $0 $0
2014 -- $27,188 $0 $0
2013 -- $48,501 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22011740

MichRIC

APN: 600-000-602-001-00

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