NOT LISTED FOR SALE

2150 Phillips Ave Holt, MI 48842

Estimated Value: $332,000 - $386,749

9 Beds
4 Baths
3,596 Sq Ft
$101/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2022

Last sale price $355,000 $99 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,140 / mo

4 Days on Market

Highlights

  • 0.48 Acre Lot
  • Ranch Style House
  • Programmable Thermostat
  • Deck
  • Patio
  • Forced Air Heating System

About This Home

As of May 2022

Highest & Best Offers are asked to be received by 9pm on Tuesday, 3/29/22. A decision will be made on Wednesday, 3/30/22 by 10 am. Thanks for all of the interest. Attention Investors! Recently renovated, very well maintained 4plex unit in Holt, MI is now available for you to add to your super profitable portfolio. This complex has four units that have been recently renovated with fresh paint, new appliances/flooring/fixtures, etc. The 3 bed unit has granite, hardwood flooring, and has two entrances to the unit including a door wall leading to an extra large deck extending the living space. This property has a perfect central location in Holt close to restaurants, schools, etc. This complex has a super quiet atmosphere given it is at the end of Phillips Avenue with a cul-de-sac. There are eight off street parking spaces for this 4plex. There are individual entrances/utilities for each unit, all units have a stackable w/d, and there is an excellent rental history for all of the apartments. Roof was replaced in 2010. Call today for your special showing instructions. Net rental income is available upon request.

Last Agent to Sell the Property

Margaret Lauinger

RE/MAX Platinum License #6501402826 Listed on: 03/25/2022

RE/MAX Platinum

Last Buyer's Agent

Connie Naber

Avera Realty License #6501330680

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1988 | Remodeled in 2021

Lot Details

  • 20,909 Sq Ft Lot
  • Lot Dimensions are 133.7 x 218.1 x 159.2 x 156.9
  • Private Entrance
  • Fenced

Home Design

  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 3,596 Sq Ft Home
  • Ceiling Fan
  • Carbon Monoxide Detectors

Parking

  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • Cassdav Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33250515435001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,865

Year Built

Built in 1988 | Remodeled in 2021

Lot Details

0.48 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1988
  • State Equalized Value: 86000.0000
  • Year Renovated: 2021
  • Pets Allowed: No
  • AgentOnly_ListPriceByAcre: 676875.0000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), Programmable Thermostat
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Total Sq Ft: 3596

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Exterior Features: Private Entry, Fenced
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces, Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.48
  • Lot Dimensions: 133.7 X 218.1 X 159.2 X 156.9
  • Parcel Number: 33250515435001
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Monthly Rental Income: 4500

Tax Info

  • Tax Amount Summer: 1072.0000
  • Tax Amount Winter: 4793.0000
  • Total Tax: 5865.0000
  • Taxable Value: 83057.0000

Multi Family

  • Gross Scheduled Income: 54000.00
  • Number Of Units Total: 4

MLS Schools

  • School District: Holt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 26, 2022
Sold by
Paul Lauinger
Bought by
Mcallister David and Phillips Brandon
Seller's Agent
Margaret Lauinger
RE/MAX Platinum
Buyer's Agent
Connie Naber
Avera Realty
List Price
$324,900
Sold Price
$355,000
Premium/Discount to List
$30,100
9.26%
Current Estimated Value
$364,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,937
Avg. Annual Appreciation
0.69%

Purchase Details

Closed on
Oct 19, 2015
Sold by
Smrkovski Lonnie L and Smrkovski Cherly Ann
Bought by
Lauinger Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2013
Sold by
Smrkovski Lonnie L and Smrkovski Cheryl A
Bought by
Smrkovski Lonnie L and Smrkov Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,300
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2012
Sold by
Smrkovski Lonnie L and Smrkovski Cheryl A
Bought by
Lonnie L & Cheryl Ann Smrkovski Living T

Purchase Details

Closed on
Jul 10, 2003
Sold by
Smrkovski Lonnie L and Smrkovski Cheryl A
Bought by
Livi Lonnie L and Livi Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2002
Sold by
Robinson Kimberly
Bought by
Baker Timothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,320
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 1996
Bought by
Smrkovski Lonnie and Smrkovski Cheryl

Purchase Details

Closed on
May 1, 1994
Sold by
Smrkovski Lonnie L
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

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
Mcallister David $355,000 Select Title
Lauinger Paul $176,000 Tri County Title Agency Llc
Smrkovski Lonnie L -- None Available
Smrkovski Lonnie L -- None Available
Lonnie L & Cheryl Ann Smrkovski Living T -- None Available
Livi Lonnie L -- Midstate Title Co
Smrkovski Lonnie L -- Midstate Title Company
Baker Timothy W $137,900 First American Title
Smrkovski Lonnie $165,000 --
-- $159,000 --
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
Previous Owner Lauinger Paul $132,000
Previous Owner Smrkovski Lonnie L $96,300
Previous Owner Smrkovski Lonnie L $115,500
Previous Owner Baker Timothy W $110,320
Closed Baker Timothy W $20,685
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2022 05/26/22 Sold $355,000 +9.3% $99 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $324,900 -- $90 / Sq Ft
Source: Realcomp

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 $1,975 $171,500 $12,000 $159,500
2024 $19 $148,400 $11,000 $137,400
2023 $10,361 $145,300 $8,000 $137,300
2022 $5,898 $118,400 $8,000 $110,400
2021 $5,789 $86,000 $8,000 $78,000
2020 $5,851 $86,000 $8,000 $78,000
2019 $5,613 $82,400 $8,000 $74,400
2018 $5,588 $78,500 $8,000 $70,500
2017 $5,388 $78,500 $8,000 $70,500
2016 $5,336 $78,500 $8,000 $70,500
2015 $5,895 $77,900 $16,000 $61,900
2014 $5,895 $78,200 $16,000 $62,200
Source: Public Records

Agents Affiliated with this Home

  • Margaret Lauinger

    Seller's Agent in 2022

    Margaret Lauinger

    RE/MAX Michigan

    (517) 304-2476

    1 in this area

    59 Total Sales

    Margaret Lauinger
    Section Image
  • Connie Naber

    Buyer's Agent in 2022

    Connie Naber

    Avera Realty

    (248) 787-3818

    1 in this area

    155 Total Sales

    Connie Naber
    Section Image
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Map

Source: Realcomp

MLS Number: 2220019955

Realcomp

APN: 25-05-15-435-001

Michigan Ingham County Holt 48842

2150 Phillips Ave, Holt, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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