NOT LISTED FOR SALE

Estimated Value: $154,000 - $192,472

4 Beds
2 Baths
2,988 Sq Ft
$59/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $85,000 $28 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,234/month

80 Days on Market

Highlights

  • Space Heater
  • Wood Siding
  • 3-minute walk to Under the Oaks
  • Sharp Park Academy Rated A-

About This Home

As of January 2019

Looking for an excellent owner occupied rental opportunity - or a turn key, ready to rent investment? This extremely well maintained owner occupied two unit was just City Certified this year, and is in move in condition, or both units can be ready to rent IMMEDIATELY! Current owner lives on the main floor, and has only rented the second floor unit for a brief period of time - but now must sell due to leaving the area. Located near the downtown Historic district, this home's original character shines through inside and out. Original wood siding recently painted, some vinyl replacement windows enhance the remaining re-worked windows (they all work great!), new maintenance free soffit & fascia, new roof in areas where needed. Beautiful hardwood floors throughout both units, two fireplaces on

Last Agent to Sell the Property

Timothy Atkins

ERA REARDON REALTY, L.L.C. License #6506036004 Listed on: 10/16/2018

ERA REARDON REALTY, L.L.C.

Last Buyer's Agent

JACQUELINE LOWDER

C-21 Affiliated - Jackson License #6501284718

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,990

Year Built

  • Built in 1925

Lot Details

  • 7,841

Home Design

  • Wood Siding

Additional Features

  • 7,841 Sq Ft Lot
  • Space Heater

Community Details

  • Livermore Wood & Eaton's Subdivision
  • Operating Expense $7,006

Listing and Financial Details

  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,990

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 89900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Space Heater
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7840.8

Rental Info

  • Owner Pays: Water

Multi Family

  • Operating Expense: 7005.59

Tax Info

  • Tax Annual Amount: 1989.75

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2018
Closed on
Jan 31, 2019
Sold by
Grenda Eric A
Bought by
Ennis Alex David
Seller's Agent
Timothy Atkins
ERA REARDON REALTY, L.L.C.
Buyer's Agent
JACQUELINE LOWDER
C-21 Affiliated - Jackson
Sold Price
$85,000
Current Estimated Value
$176,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,118
Avg. Annual Appreciation
11.12%
Original Mortgage
$68,000
Outstanding Balance
$59,784
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$116,334

Purchase Details

Listed on
Jul 14, 2015
Closed on
Jan 15, 2016
Sold by
Garr Pamela R
Bought by
Grenda Eric A
Seller's Agent
Robert Pringle
HOWARD HANNA REAL ESTATE SERVI
Buyer's Agent
Timothy Atkins
ERA REARDON REALTY, L.L.C.
Sold Price
$46,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ennis Alex David $85,000 None Available
Grenda Eric A $46,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ennis Alex David $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2019 01/31/19 Sold $85,000 +82.8% $28 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
01/18/2016 01/18/16 Sold $46,500 -- $14 / Sq Ft View Prior Sale
12/11/2015 12/11/15 Pending -- -- --
Source: MichRIC

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 $3,731 $85,000 $0 $0
2024 $3,304 $72,900 $0 $0
2023 $3,235 $66,900 $0 $0
2022 $3,542 $56,000 $0 $0
2021 $3,545 $44,350 $0 $0
2020 $2,828 $39,950 $0 $0
2019 $2,129 $35,000 $0 $0
2018 $2,022 $34,000 $0 $0
2017 $1,944 $35,300 $0 $0
2016 $1,188 $35,200 $35,200 $0
2015 $1,782 $25,350 $25,350 $0
2014 $1,782 $33,650 $33,650 $0
2013 -- $33,650 $33,650 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21034925

MichRIC

APN: 3-007100000