NOT LISTED FOR SALE

209 Summit Ridge White Lake, MI 48386

11 Beds
6 Baths
6,384 Sq Ft
0.5 Acres

Last Sold March 30, 2015

Last sale price $272,000 $43 Per Sq Ft

217 Days on Market

Highlights

  • Deck
  • Baseboard Heating
  • Garage
  • Patio

About This Home

As of March 2015

Great income potential with positive cash flow. Six unit building on 1/2 acre private lot. Wonderful view from each unit overlooking the back yard. All six units are leased and have been easy to lease once vacated. Coin operated washer and dryer also provide for additional income. Up dates such as hot water heaters, washer & dryer, floor in common area, decks & several units have been remodeled. All units have six foot sliding glass doors that over look a large back yard.

Last Agent to Sell the Property

David Thomas

Coldwell Banker Professionals License #6501360005 Listed on: 08/05/2014

Last Buyer's Agent

Don Huddleston

D A D Agency License #6504135841

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1975

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100 x 200
  • Property fronts a private road

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 6 Full Bathrooms
  • 6,384 Sq Ft Home
  • 2-Story Property

Parking

  • Garage
  • Assigned Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 1225230004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,579

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Sq Ft Combined: 6384
  • Total Sq Ft: 6384

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Frontage Feet: 200
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved, Private

Garage/Parking

  • Garage: Yes
  • MF Parking: Assigned Spaces, Paved

Utilities

  • Heating Fuel: Electric
  • Cooling: Wall Unit(s)
  • Heating: Baseboard
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Huron Valley

Lot Info

  • List Price per Acre: 589800.0000
  • Lot Size Area: 0.50
  • Lot Dimensions: 100 X 200
  • Parcel Number: 1225230004
  • Zoning: Commercial

Rental Info

  • Deposit Amount: 140000.00
  • Monthly Rental Income: 3600

Tax Info

  • Tax Amount Summer: 4343.0000
  • Tax Amount Winter: 1236.0000
  • Total Tax: 5579.0000

Multi Family

  • Gross Scheduled Income: 42000.00
  • Number Of Units Total: 6
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 5
  • Number Of Units Leased: 6

MLS Schools

  • School District: Huron Valley

Range of Values:

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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 Change Sq Ft Price
03/30/2015 03/30/15 Sold $272,000 -7.8% $43 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
08/05/2014 08/05/14 For Sale $294,900 -- $46 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Thomas

    Coldwell Banker Professionals

  • Don Huddleston

    Buyer's Agent in 2015

    Don Huddleston

    D A D Agency

    (248) 766-0181

    59 Total Sales

    Don Huddleston
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Map

Source: Realcomp

MLS Number: 214129094

Realcomp
Michigan Oakland County White Lake Township

209 Summit Ridge, White Lake Township, MI

This home is located at 209 Summit Ridge, White Lake, MI 48386 since 05 August 2014. This property was built in 1975. 209 Summit Ridge is a home located in Oakland County with nearby schools including Pierce Middle School, Waterford Kettering High School, and Waterford Montessori Academy.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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