NOT LISTED FOR SALE

206 E Michigan St Farwell, MI 48622

Estimated Value: $123,495

-- Bed
1 Bath
3,975 Sq Ft
$31/Sq Ft Est. Value

Last Sold August 08, 2013

Last sale price $60,000 $15 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $897/month

88 Days on Market

About This Home

As of August 2013

INVESTORS FIND! THIS 6 UNIT APARTMENT BUILDING HAS UNLIMITED POTENTIAL WITH 3 LOTS IN THE VILLAGE OF FARWELL. GREAT LOCATION ACROSS THE STREET FROM THE ELEMENTARY SCHOOL AND CLOSE TO STORES. ONE UNIT HAS 3 BEDROOM, 1 BATH, AND THE OTHERS ARE 1 BEDROOM, 1 BATH. THERE IS A DETACHED 2 CAR GARAGE AND ROOM TO BUILD ANOTHER !

Last Agent to Sell the Property

Carolyn Scott

CENTURY 21 SIGNATURE REALTY - CLARE Listed on: 04/23/2013

Last Buyer's Agent

NON MEMBER

CENTRAL MI BOARD

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1940

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 256x120
  • The community has rules related to zoning restrictions

Parking

  • Detached Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,975 Sq Ft Home
  • 1.5-Story Property
  • Michigan Basement
  • Oven or Range

Schools

  • Farwell Elementary School
  • Farwell Middle School
  • Farwell High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 6 Units
  • Village Of Farwell Community

Listing and Financial Details

  • Rent includes exterior maintenance, snow removal, water

Property Details

Home Type

Apartment

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Apartment Complex
  • Style: 1.5 Story
  • Estimated Year Built: 1940
  • Construction: Frame
  • Section Number: 25
  • Year Updated: 2012
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Price Per Sq Ft: 15.09
  • Range: R 5W
  • Total Finished Sf Apx: 3975

Exterior Features

  • Exterior Finish: Aluminum Siding, Vinyl Siding
  • Foundation: Michigan Basement
  • Number Of Acres: 0.7
  • Road: Blacktop
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: Two Car, Detached

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv
  • Water: Municipal
  • Heating Cooling Type: Forced Air

Association/Amenities

  • Development Name: Village of Farwell

Schools

  • School District: Farwell Area Schools
  • Elementary School: Farwell Elementary School
  • Middle School: Farwell Middle School
  • High School: Farwell High School

Lot Info

  • Lot Dimensions: 256X120
  • Zoning Use Restrictions: Multi-Family

Rental Info

  • Included In Lease: Exterior Maintenance, Snow Removal, Water

Tax Info

  • Other Taxes: 405.07
  • Summer Taxes: 369.47
  • Taxable Value: 33024
  • Total Taxes: 1751.27
  • Winter Taxes: 976.73
  • Year Summer: 2012
  • Year Winter: 2012

Multi Family

  • Total Number Units: 6

MLS Schools

  • Elementary School: Farwell Elementary School
  • HighSchool: Farwell High School
  • School District: Farwell Area Schools
  • Middle School: Farwell Middle School

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

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2013 08/08/13 Sold $60,000 -20.0% $15 / Sq Ft
07/20/2013 07/20/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $75,000 -- $19 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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
2025 $2,904 $111,237 $9,733 $101,504
2024 $1,586 $99,610 $7,565 $92,045
2023 $1,441 $91,227 $9,644 $81,583
2022 $3,402 $89,312 $9,644 $79,668
2021 $2,526 $86,996 $0 $0
2020 $3,271 $81,901 $0 $0
2019 $3,073 $75,807 $0 $0
2018 $3,016 $54,027 $0 $0
2017 $1,307 $53,479 $0 $0
2016 $1,271 $61,332 $0 $0
2015 -- $58,695 $0 $0
2014 -- $55,576 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Carolyn Scott

    CENTURY 21 SIGNATURE REALTY - CLARE

  • N

    Buyer's Agent in 2013

    NON MEMBER

    CENTRAL MI BOARD

See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1744335

Northern Great Lakes REALTORS® MLS

APN: 041-220-007-00

Michigan Clare County Farwell 48622

206 E Michigan St, Farwell, MI

This home is located at 206 E Michigan St, Farwell, MI 48622 since 23 April 2013 and is currently estimated at $123,495, approximately $31 per square foot. This property was built in 1940. 206 E Michigan St is a home located in Clare County with nearby schools including Farwell High School and Great Lakes Mennonite 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.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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