NOT LISTED FOR SALE

202 W Mitchell St Gaylord, MI 49735

Estimated Value: $344,609

-- Bed
-- Bath
5,968 Sq Ft
$58/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $245,000 $41 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,135/month

2 Days on Market

Highlights

  • Deck
  • Wood Frame Window
  • Hot Water Heating System
  • Victorian Architecture
  • Forced Air Heating System

About This Home

As of November 2021

Multi-unit apartment building in prime location in Downtown Gaylord. Building includes 3 one bedroom units and 1 two bedroom unit. Building is conveniently located just a block from Main Street and several downtown shops and restaurants. This property is in a town with a high demand for rentals. All units are currently vacant for ease of transition throughout the sale. Apartments A&B are main level units and have washer/dryer hook ups. Apartments C&D are upper level units. Each unit has the potential for $1000 per month or more based on current rental market and demand.
With a little TLC this building can have huge earning potential.

Last Agent to Sell the Property

Paul Jones

DEK Realty License #6501434762 Listed on: 09/13/2021

Last Buyer's Agent

Robert Humphrey

MLS NON-MEMBER

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,971

Home Design

  • Victorian Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 5,968 Sq Ft Home
  • 2-Story Property
  • Wood Frame Window
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Schools

  • Gaylord Elementary School
  • Gaylord High School

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Municipal Utilities District for Water and Sewer

Additional Features

  • Deck
  • Lot Dimensions are 128x62

Community Details

  • 4 Units
  • Fillmores Additions Subdivision

Listing and Financial Details

  • Assessor Parcel Number 69-103-205-002-001-00
  • Tax Block BLK 2

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,971

Lot Details

0

Listing Details

  • Directions: From the intersection of W Main Street and N Court Street in Gaylord, take North Court Street for approximately 700 feet to 202 W Mitchell on the left.
  • Garage Yn: No
  • Lot Size: 128x62
  • Prop. Type: MultiFamily
  • PropertySubType: Apartment
  • ResoLaundryFeatures: Main Level
  • Co List Office Phone: 231-587-1012
  • MLS Status: Closed
  • Subdivision Name: Fillmores Additions
  • Architectural Style: Victorian, Two Story
  • ResoBuildingAreaSource: County Records
  • Contract Information:Short Sale: No
  • General Property Information Lot Size Dimensions: 128x62
  • Water Municipal2: Yes
  • Sewer Municipal5: Yes
  • StyleTwoStory: Yes
  • Laundry Main Level2: Yes
  • Appliances Refrigerators: Yes
  • Cooling:None9: Yes
  • Windows Wood2: Yes
  • Fuel Natural Gas2: Yes
  • Equipment:Water Heater - Gas: Yes
  • Property Information Basement: Yes
  • Basement Full Basement2: Yes
  • Architectural Style Victorian: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement:Walkout2: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Construction Type: Paved Street, Vinyl
  • Construction:Frame: Yes
  • PatioDeck Open Deck: Yes
  • Exterior Vinyl3: Yes

Garage/Parking

  • Property Information:Garage Stall2: 0

Utilities

  • Sewer: Municipal, Public Sewer
  • Heating:Hot Water2: Yes
  • Heating:Natural Gas3: Yes
  • Heating:Forced Air2: Yes

Schools

  • Schools Elementary School: Gaylord
  • Schools High School: Gaylord
  • Elementary School: Gaylord
  • Junior High Dist: Gaylord
  • High School: Gaylord

Lot Info

  • Parcel Number: 69-103-205-002-001-00

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: BLK 2
  • Tax Book Number: 69-103-205-002-001-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 8, 2021
Sold by
Jones Paul Phillip
Bought by
Revallo Dana
Seller's Agent
Paul Jones
DEK Realty
Buyer's Agent
Robert Humphrey
MLS NON-MEMBER
Sold Price
$245,000
Current Estimated Value
$344,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,609
Avg. Annual Appreciation
9.52%
Original Mortgage
$183,750
Outstanding Balance
$169,115
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$175,494

Purchase Details

Closed on
May 19, 2005
Sold by
Seneca Development
Bought by
Jones Paul Phillip and Jones Donna J

Purchase Details

Closed on
Oct 29, 2003
Sold by
O'Connor Sean T
Bought by
Seneca Development Llc

Purchase Details

Closed on
Aug 23, 2001
Sold by
Williams Diane L Trust
Bought by
O'Connor Sean T
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
Revallo Dana $245,000 --
Jones Paul Phillip $135,000 --
Seneca Development Llc -- --
O'Connor Sean T $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revallo Dana $183,750
Previous Owner Jones Paul Phillip $102,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $245,000 -- $41 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
Source: Water Wonderland Board of REALTORS®

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 $2,971 $112,100 $0 $0
2023 $4,043 $68,700 $0 $0
2022 $5,329 $88,500 $0 $0
2021 $2,901 $57,400 $0 $0
2020 $2,922 $72,800 $0 $0
2019 $874 $62,000 $0 $0
2018 -- $43,700 $43,700 $0
2017 -- $44,100 $0 $0
2016 -- $44,000 $0 $0
2013 -- $46,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Paul Jones

    DEK Realty

    (231) 587-1012

    1 in this area

    35 Total Sales

    Section Image

  • R

    Buyer's Agent in 2021

    Robert Humphrey

    MLS NON-MEMBER

See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201815127

Water Wonderland Board of REALTORS®

APN: 103-205-002-001-00

Michigan Otsego County Gaylord 49735

202 W Mitchell St, Gaylord, MI

This home is located at 202 W Mitchell St, Gaylord, MI 49735 since 13 September 2021 and is currently estimated at $344,609, approximately $57 per square foot. 202 W Mitchell St is a home located in Otsego County with nearby schools including North Ohio Elementary School, Gaylord Intermediate School, and Gaylord Middle School.

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