Seller's Agent in 2022
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
(517) 914-9555
422 Total Sales
205 Homer Rd Concord, MI 49237
Estimated Value: $104,000 - $234,000
Studio
--
Bath
--
Sq Ft
10,454
Sq Ft Lot Lot
Highlights
- Corner Lot
- Forced Air Heating System
- Wood Siding
About This Home
As of June 2022Located in the beautiful Village of Concord, this duplex is ready for its new owner occupants or investor. Main level features a 2 bedroom and 1 bathroom unit. Upper level features a 1 bedroom and 1 bathroom unit. Both units a large and have large bedrooms. Units are on separate gas/electric meters. Landlord pays water/sewer/trash. Tenants pay gas/electric/lawn. Property is in close proximity to schools, shopping, dining, and more. Current rents below market. At market average, cap rate is estimated at 16% on listing price and 10.3% on future value. Property is being sold as-is and where-is.
Last Agent to Sell the Property
Coldwell Banker Beiswanger Realty Group License #6502425012 Listed on: 05/17/2022
Property Details
Home Type
- Apartment
Year Built
- Built in 1900
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 101x167
- Corner Lot
- Level Lot
Parking
- 4 Parking Spaces
Home Design
- Wood Siding
Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for sewer, trash collection, water
Community Details
Overview
- 2 Units
- Assessors Plat Subdivision
Building Details
- Insurance Expense $750
- Maintenance Expense $1,000
- Utility Expense $720
- Operating Expense $9,458
- Gross Income $12,000
- Net Operating Income $2,542
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
Closed on
Feb 8, 2008
Sold by
Bought by
Current Estimated Value
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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 |
|---|---|---|---|
| -- | None Available |
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 |
|---|---|---|---|---|
| 06/10/2022 06/10/22 | Sold | $69,500 | +15.8% | -- |
| 05/23/2022 05/23/22 | Pending | -- | -- | -- |
| 05/17/2022 05/17/22 | For Sale | $60,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $1,472 | $62,300 | $62,300 | $0 |
| 2024 | $14 | $59,900 | $59,900 | $0 |
| 2023 | $1,382 | $53,800 | $53,800 | $0 |
| 2022 | $1,989 | $52,600 | $52,600 | $0 |
| 2021 | $1,949 | $44,200 | $44,200 | $0 |
| 2020 | $1,927 | $38,500 | $0 | $0 |
| 2019 | $1,883 | $37,700 | $0 | $0 |
| 2018 | $1,429 | $36,100 | $0 | $0 |
| 2017 | $1,323 | $33,400 | $0 | $0 |
| 2016 | $302 | $34,450 | $34,450 | $0 |
| 2015 | -- | $27,900 | $27,900 | $0 |
| 2014 | -- | $26,350 | $0 | $0 |
| 2013 | -- | $26,350 | $26,350 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Beiswanger
-
Scott Phillips
S
Buyer's Agent in 2022
Scott Phillips
Coldwell Banker Groves Real Estate
(517) 320-7917
29 Total Sales
Map
Source: MichRIC
MLS Number: 22018469
APN: 003-11-27-327-028-05
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.
Information is deemed reliable but not guaranteed.
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