NOT LISTED FOR SALE

2081 Plank Rd Cottrellville, MI 48039

Estimated Value: $203,000 - $268,000

5 Beds
2 Baths
2,694 Sq Ft
$87/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $70,000 $26 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $1,664/month

98 Days on Market

About This Home

As of November 2017

Marine City 2 Family ! A Great opportunity * Large 2 Family Home in Historical Marine City! * Great for owner occupant and extended family or an Investment Property.**Lower utility room is 15.2 x 7, upper utility room is 12 x 10.6, attached storage area accessible by both units called Bonus room 25 x 12 used as shared storage! Land Contract Terms! Newer windows. Huge 65 x 183 LOT boasts nice back yard. Close to schools, shopping and the St. Clair River. Block 1st level and sided 2nd level. Full living quarters on each level. Fireplace upper living / Great Room. Priced accordingly to sell quickly and reflects TLC this home will need. For showing Access upper unit from downstairs unit.

Last Agent to Sell the Property

Wynne Achatz

Real Estate One Westrick License #6504153558 Listed on: 08/07/2017

Real Estate One Westrick

Last Buyer's Agent

Wynne Achatz

Real Estate One Westrick License #6504153558 Listed on: 08/07/2017

Real Estate One Westrick

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 61 x 193

Home Design

  • Slab Foundation
  • Poured Concrete
  • Masonry

Interior Spaces

  • 2 Full Bathrooms
  • 2,694 Sq Ft Home
  • 2-Story Property

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 74020024020000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 333.4
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 2694
  • Total Sq Ft: 2694

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Aluminum, Block/Concrete/Masonry
  • Foundation Materials: Poured
  • Frontage Feet: 61
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: East China

Lot Info

  • List Price per Acre: 391666.6667
  • Lot Size Area: 0.27
  • Lot Dimensions: 61 x 193
  • Parcel Number: 74020024020000
  • Zoning: Multi-Family

Rental Info

  • Deposit Amount: 25000.00
  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 3146.0000
  • Tax Amount Winter: 219.0000
  • Total Tax: 3365.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: East China

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2019
Sold by
Sjc Group Llc
Bought by
Seppo Samuel J
Current Estimated Value
$234,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,200
Outstanding Balance
$63,985
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$170,805

Purchase Details

Closed on
Sep 18, 2019
Sold by
Sjc Group Llc
Bought by
Seppo Samuel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,200
Outstanding Balance
$63,985
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$170,805

Purchase Details

Listed on
Aug 7, 2017
Closed on
Nov 27, 2017
Sold by
Sjc Group Llc
Bought by
Seppo Samuel J
Seller's Agent
Wynne Achatz
Real Estate One Westrick
Buyer's Agent
Wynne Achatz
Real Estate One Westrick
List Price
$105,750
Sold Price
$70,000
Premium/Discount to List
-$35,750
-33.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.62%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Seppo Samuel J -- None Listed On Document
Sjc Group Llc $70,000 Transnation Title
Seppo Samuel J -- None Available
Seppo Samuel J -- None Listed On Document
Sjc Group Llc $70,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seppo Samuel J $73,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2017 11/27/17 Sold $70,000 -33.8% $26 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $105,750 -- $39 / Sq Ft
Source: Realcomp

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 $4,966 $97,000 $0 $0
2024 $4,650 $91,400 $0 $0
2023 $4,439 $89,600 $0 $0
2022 $4,602 $79,300 $0 $0
2021 $4,415 $72,600 $0 $0
2020 $4,370 $73,800 $73,800 $0
2019 $4,166 $67,100 $0 $0
2018 $4,242 $65,200 $0 $0
2016 $3,146 $57,700 $0 $0
2015 -- $51,100 $51,100 $0
2014 -- $50,300 $50,300 $0
2013 -- $54,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 217068926

Realcomp

APN: 02-002-4020-000