NOT LISTED FOR SALE

Estimated Value: $907,000 - $1,126,000

5 Beds
3 Baths
-- Sq Ft
9,661 Sq Ft Lot

Sale Details

Date Sold: May 27, 2022

Last sale price $854,000

Est. 18% increase in value since last sale

Current estimated payment $7,305 / mo

28 Days on Market

Highlights

  • Corner Lot
  • Cooling Available
  • Wood Siding
  • Upton Middle School Rated A
  • Forced Air Heating System
  • 1-minute walk to Whirlpool Centennial Park

About This Home

As of May 2022

Rare opportunity to own a grandfathered short term rental on Silver Beach! This 3 unit gem sits a half block from Silver Beach, overlooks the Whirlpool Centennial Fountain, and is steps away from Silver Beach Pizza. This home boasts 5 bedrooms, 3 bathrooms and is over 2300 SF. It could be easily converted back to a single family home, or rebuilt as such, or a 2 unit rental. Currently a 3 unit with short term rental booked all summer long, permitting for short term rental conveys with the property upon sale. Main floor unit has 3 bedrooms, 1 bathroom and a large kitchen. There are 2 units on the second floor, one being a large 1 bedroom, 1 bath, and the other is a studio complete with a kitchen, bathroom and sleeping/living area. Come see this amazing property with so much income potential

Last Agent to Sell the Property

The Petzke Team

RE/MAX by the Lake License #6502409512 Listed on: 04/05/2022

RE/MAX by the Lake

Last Buyer's Agent

Leah Hudson

Coldwell Banker Realty License #6501341253

Coldwell Banker Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,214

Year Built

  • Built in 1900

Lot Details

  • 9,661 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Corner Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,214

Year Built

Built in 1900

Lot Details

9,661 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • Driveway:Driveway: Asphalt
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: Electricity Available, Natural Gas Available, Public Sewer, Public Water
  • Lot Description:Lot Description: Corner Lot, Sidewalk
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 854000.0
  • Lot Features: Corner Lot, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air

Lot Info

  • Lot Size Acres: 0.2218
  • Lot Size Area: 0.22
  • Lot Dimensions: 66 x 132
  • Lot Size Sq Ft: 9661.0

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 8214.0
  • Tax Year: 2021

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
Apr 5, 2022
Closed on
Jun 2, 2022
Sold by
Bought by
Seller's Agent
The Petzke Team
RE/MAX by the Lake
Buyer's Agent
Leah Hudson
Coldwell Banker Realty
List Price
$854,000
Sold Price
$854,000
Current Estimated Value
$1,007,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,833
Avg. Annual Appreciation
4.09%
Original Mortgage
$683,200
Interest Rate
0.0511%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1996

Purchase Details

Closed on
Mar 18, 1996

Purchase Details

Closed on
Jul 24, 1991

Purchase Details

Closed on
Jul 22, 1987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
-- Chicago Title
$130,000 --
-- --
-- --
-- --
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 $683,200
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
05/27/2022 05/27/22 Sold $854,000 0.0% --
04/05/2022 04/05/22 For Sale $854,000 0.0% --
04/01/2022 04/01/22 Off Market $854,000 -- --
03/31/2022 03/31/22 For Sale $854,000 -- --
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 $21,758 $444,400 $0 $0
2025 $21,197 $409,400 $0 $0
2024 $20,758 $376,100 $0 $0
2023 $19,865 $344,600 $0 $0
2022 $8,335 $313,100 $0 $0
2021 $8,214 $296,300 $202,700 $93,600
2020 $8,102 $292,800 $0 $0
2019 $8,013 $270,600 $201,200 $69,400
2018 $7,861 $270,600 $0 $0
2017 $7,228 $267,800 $0 $0
2016 $7,228 $260,600 $0 $0
2015 $7,162 $247,500 $0 $0
2014 $6,897 $224,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22010524

MichRIC

APN: 11-76-0340-0041-02-1

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