NOT LISTED FOR SALE
4 Beds
2 Baths
10,920 Sq Ft
9,583 Sq Ft Lot

Sale Details

Date Sold: April 20, 2018

Last sale price $280,000 $26 Per Sq Ft

126 Days on Market

About This Home

As of April 2018

12 UNITS - CITY CERTIFIED! 9 two bedroom apartments. 3 one bedroom apartments. Great income producer! 300k... Units above are examples. Rents vary and leases vary. Listing agent will give further details to qualified buyers. Seller has multiple rental buildings available and will consider package deal!

Last Agent to Sell the Property

ALEX PERLOS

GOOD EARTH REAL ESTATE, LLC License #6501210977 Listed on: 08/16/2017

Last Buyer's Agent

John Collis

NCDG Realty & Property Management License #6502352091

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,551

Year Built

  • Built in 1919

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 82x115x82

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, water

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $57,722
  • Net Operating Income $543,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,551

Year Built

Built in 1919

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1919
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • List Price: 325000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 82x115x82

Rental Info

  • Owner Pays: Gas, Water
  • Tenant Pays: Electricity

Multi Family

  • Net Operating Income: 543000.0
  • Number of Units Total: 12
  • Operating Expense: 57722.0

Tax Info

  • Tax Annual Amount: 3550.57
  • Tax Year: 2017

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

Listed on
Aug 16, 2017
Closed on
Mar 1, 2018
Sold by
Bought by
Seller's Agent
ALEX PERLOS
GOOD EARTH REAL ESTATE, LLC
Buyer's Agent
John Collis
NCDG Realty & Property Management
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,400
Interest Rate
0.0404%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
0.0925%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
0.0925%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$280,000 Devon Title Co
$140,000 --
$300,000 --
$105,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $461,600
Closed $278,400
Previous Owner $255,000
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
04/20/2018 04/20/18 Sold $280,000 -- $26 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
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
2026 $8,206 $239,000 $0 $0
2025 $8,206 $211,900 $0 $0
2024 $84 $209,400 $0 $0
2023 $7,794 $265,500 $0 $0
2022 $8,512 $164,400 $0 $0
2021 $8,452 $145,850 $0 $0
2020 $7,355 $113,250 $0 $0
2019 $7,156 $101,950 $0 $0
2018 $3,908 $89,050 $0 $0
2017 $3,583 $75,600 $0 $0
2016 $3,088 $72,000 $72,000 $0
2015 $3,369 $61,200 $61,200 $0
2014 $3,369 $54,300 $0 $0
2013 -- $54,300 $54,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21034712

MichRIC
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