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

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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

  • Standard Status: Closed
  • 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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
Potter John M $140,000 --
Steward Street Apartment Llc $300,000 --
Gwinn Luther $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 Gold Land Realty Llc $278,400
Previous Owner Steward Street Apartment Llc $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

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Map

Source: MichRIC

MLS Number: 21034712

MichRIC
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