Seller's Agent in 2023
David Clark
RE/MAX Michigan
(269) 808-0265
197 Total Sales
203 S Clay St Sturgis, MI 49091
Estimated Value: $136,206 - $166,000
--
Bed
--
Bath
--
Sq Ft
0.6
Acres
About This Home
As of March 2023Great investment property. This is a very nice 2 unit, located in a desirable neighborhood in the city of Sturgis, just a couple of blocks away from Downtown. The downstairs unit has 2-3 bedrooms and 1 bath, new carpet and kitchen flooring, new ceiling fans, main floor laundry, mostly replacement windows, fenced in back yard, gardening shed in the back. The upstairs unit is 1 bedroom and 1 full bath with hardwood flooring throughout, mostly replacement windows. Both units are very well kept. The upper unit is currently renting for $550 Month Plus utilities, the lower unit is currently renting for $800 per month plus utilities. Each unit has it's own electric and heat (2 Boilers). $90 per month water is split between the two units. This is a great investment property.
Last Agent to Sell the Property
RE/MAX Elite Group License #6506043540 Listed on: 09/14/2022
Last Buyer's Agent
Berkshire Hathaway HomeServices Michigan Real Estate License #6501356701
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,219
Year Built
- Built in 1938
Lot Details
- 0.6 Acre Lot
- Lot Dimensions are 115.5x132
Home Design
- Composition Roof
- Aluminum Siding
Basement
- Michigan Basement
Parking
- 4 Parking Spaces
- Unpaved Driveway
Utilities
- Heating System Uses Natural Gas
- Hot Water Heating System
- High Speed Internet
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for water, trash collection, sewer, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2022
Closed on
Mar 28, 2023
Sold by
Tmr Enterprises Inc
Bought by
Quiroz Jose M Zetina
Seller's Agent
David Clark
RE/MAX Elite Group
Buyer's Agent
Karin Malesh
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$127,000
Sold Price
$107,000
Premium/Discount to List
-$20,000
-15.75%
Views
107
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,802
Avg. Annual Appreciation
13.06%
Original Mortgage
$80,250
Outstanding Balance
$77,903
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$67,899
Purchase Details
Closed on
Mar 25, 2015
Sold by
Wright Richard L
Bought by
Tmr Enterprises Inc
Purchase Details
Closed on
Feb 24, 1999
Sold by
Blucker Gregory W and Blucker Brenda K
Bought by
Wright Richard L
Purchase Details
Closed on
Jan 1, 1901
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Quiroz Jose M Zetina | $107,000 | Oak Title | |
| Tmr Enterprises Inc | -- | None Available | |
| Wright Richard L | $100,000 | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Quiroz Jose M Zetina | $80,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2023 03/28/23 | Sold | $107,000 | -15.7% | -- |
| 02/02/2023 02/02/23 | Pending | -- | -- | -- |
| 09/14/2022 09/14/22 | For Sale | $127,000 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $4,219 | $70,600 | $4,600 | $66,000 |
| 2024 | $3,675 | $67,400 | $4,600 | $62,800 |
| 2023 | $2,119 | $58,200 | $4,600 | $53,600 |
| 2022 | $1,973 | $50,400 | $4,200 | $46,200 |
| 2021 | $2,219 | $43,200 | $4,100 | $39,100 |
| 2020 | $2,193 | $38,900 | $3,200 | $35,700 |
| 2019 | $2,153 | $35,700 | $3,700 | $32,000 |
| 2018 | $1,998 | $35,300 | $4,200 | $31,100 |
| 2017 | $1,955 | $34,800 | $34,800 | $0 |
| 2016 | -- | $32,300 | $32,300 | $0 |
| 2015 | -- | $29,900 | $0 | $0 |
| 2014 | -- | $28,400 | $28,400 | $0 |
| 2012 | -- | $27,300 | $27,300 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Clark
-
Karin Malesh
Buyer's Agent in 2023
Karin Malesh
Berkshire Hathaway HomeServices Michigan Real Estate
(630) 632-0855
40 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 22039710
APN: 052-040-380-00
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