NOT LISTED FOR SALE

Estimated Value: $128,432 - $144,000

2 Beds
3 Baths
1,264 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $130,000 $103 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $991/month

63 Days on Market

About This Home

As of April 2024

Investment opportunity! An upper and lower unit, each unit with 1 bed and 1 bath. Lower unit is occupied until 9/30/2023. Gas and water included in rent. 100 amp service panel installed in 2021, new furnace installed 2022.

Last Agent to Sell the Property

James Keefer

Vantage Realty Group, LLC License #6501395432 Listed on: 01/05/2024

Last Buyer's Agent

James Keefer

GPM Real Estate by eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1935

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 38.00 x 143.00

Parking

  • 1 Parking Space

Home Design

  • Aluminum Siding

Basement

  • Crawl Space

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

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

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Piper's Van Dyke # 09 Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,100

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1935
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 98.89
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 38.00 x 143.00
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Zoning3: Multi-Family
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Location Property Info:Subdivision2: PIPER'S VAN DYKE # 09
  • Substructure:Crawl Space: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 125000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected

Condo/Co-op/Association

  • Association Amenities: Pets Allowed
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Pets Allowed2: Yes

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 38.00 x 143.00
  • Lot Size Sq Ft: 5663.0
  • Zoning Description: Multi-Family

Rental Info

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

Multi Family

  • Gross Income: 20400.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2100.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Apr 30, 2024
Sold by
Metro Shores Mi Acquisitions
Bought by
Letzgus Trenten
Seller's Agent
James Keefer
Vantage Realty Group, LLC
Buyer's Agent
James Keefer
Vantage Realty Group, LLC
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%
Views
75
Current Estimated Value
$134,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,108
Avg. Annual Appreciation
1.81%
Original Mortgage
$123,500
Outstanding Balance
$121,765
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$12,343

Purchase Details

Closed on
Jun 28, 2021
Sold by
Waynevest Llc
Bought by
Metro Shores Mi Acquisitions Llc

Purchase Details

Closed on
Jun 14, 2018
Sold by
Waynevest Llc
Bought by
Miller 2014 Llc

Purchase Details

Closed on
Mar 22, 2018
Sold by
Miller 2014 Llc
Bought by
Waynevest Llc

Purchase Details

Closed on
Apr 27, 2015
Sold by
Investment Realty Services Llc
Bought by
Miller 2014 Llc

Purchase Details

Closed on
Oct 15, 2014
Sold by
Rvn Properties Llc
Bought by
Investment Realty Services Llc

Purchase Details

Closed on
Aug 20, 2010
Sold by
Michigan Investment Group Llc
Bought by
Rvn Properties Llc

Purchase Details

Closed on
Aug 4, 2010
Sold by
Whk Investments Inc
Bought by
Michigan Investment Group Llc

Purchase Details

Closed on
Mar 18, 2009
Sold by
Klein Johann
Bought by
Whk Investments Inc

Purchase Details

Closed on
May 30, 2008
Sold by
Kranz Karen E
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Mar 21, 2006
Sold by
Mroz Douglas
Bought by
Kranz Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
11.44%
Mortgage Type
Fannie Mae Freddie Mac
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
Letzgus Trenten $130,000 Michigan Title Insurance Agenc
Letzgus Trenten $130,000 Michigan Title Insurance Agenc
Metro Shores Mi Acquisitions Llc $70,000 Abstract Title Agency
Metro Shores Mi Acquisitions L $70,000 None Listed On Document
Miller 2014 Llc -- None Available
Waynevest Llc $64,000 None Available
Miller 2014 Llc $54,000 Fnt
Investment Realty Services Llc $25,000 Fnt
Rvn Properties Llc $20,000 None Available
Michigan Investment Group Llc $11,000 Bell Title Agency Of Macomb
Whk Investments Inc -- None Available
Hsbc Mortgage Services Inc $35,559 None Available
Kranz Karen E $53,000 Chirco Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Letzgus Trenten $123,500
Closed Letzgus Trenten $123,500
Previous Owner Kranz Karen E $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $130,000 +4.0% $103 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $125,000 -3.8% $99 / Sq Ft
02/08/2024 02/08/24 Price Changed $130,000 -3.7% $103 / Sq Ft
01/18/2024 01/18/24 Price Changed $135,000 -6.9% $107 / Sq Ft
01/10/2024 01/10/24 Price Changed $145,000 -3.3% $115 / Sq Ft
01/05/2024 01/05/24 For Sale $150,000 0.0% $119 / Sq Ft
06/03/2016 06/03/16 Rented $500 0.0% --
05/25/2016 05/25/16 Under Contract -- -- --
05/12/2016 05/12/16 For Rent $500 0.0% --
12/30/2014 12/30/14 Rented $500 0.0% --
12/26/2014 12/26/14 Under Contract -- -- --
08/11/2014 08/11/14 For Rent $500 -9.1% --
04/09/2014 04/09/14 Rented $550 0.0% --
03/27/2014 03/27/14 Under Contract -- -- --
02/25/2014 02/25/14 For Rent $550 +29.4% --
01/26/2012 01/26/12 Rented $425 0.0% --
01/26/2012 01/26/12 Under Contract -- -- --
12/16/2011 12/16/11 For Rent $425 -- --
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 $3,560 $53,970 $0 $0
2024 $22 $40,540 $0 $0
2023 $2,156 $39,500 $0 $0
2022 $2,100 $30,250 $0 $0
2021 $1,653 $28,550 $0 $0
2020 $1,600 $25,420 $0 $0
2019 $1,544 $22,830 $0 $0
2018 $1,751 $24,700 $0 $0
2017 $1,601 $24,590 $2,090 $22,500
2016 $1,601 $24,590 $0 $0
2015 -- $22,420 $0 $0
2012 -- $15,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24001615

MichRIC

APN: 12-13-33-405-003