NOT LISTED FOR SALE

218 E Stephenson St Morenci, MI 49256

Estimated Value: $132,000 - $156,615

Studio
-- Bath
2,080 Sq Ft
$70/Sq Ft Est. Value

Last Sold August 30, 2012

Last sale price $16,500 $8 Per Sq Ft

Est. 777% increase in value since last sale

Current estimated payment $1,074/month

405 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Baseboard Heating

About This Home

As of August 2012

Awesome NEW PRICE!! This 2 story 3 unit multi family home is a great investment in the peaceful community of Morenci.Note the tax info, updated for 2012, over $1,000 less!

Last Agent to Sell the Property

Kim Goldmann

Michigan Living Real Estate License #LCAR-6501337921 Listed on: 06/22/2011

Last Buyer's Agent

Kathy Hartzell

Goedert Real Estate - Adr License #LCAR-100051

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 70x140
  • Corner Lot

Additional Features

  • 2-Story Property
  • Porch
  • Baseboard Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number XMO-580-0310-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 3302.58
  • Total Tax Year: 2012
  • Year Built: 1900
  • Mail City: Morenci
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Exterior Features: Porch
  • Frontage: 70
  • Roads: Paved Street

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Baseboard
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XMO-580-0310-00
  • Location: Corner Lot
  • Lot Dimensions: 70x140
  • Acreage: 0.23
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,822.63
  • Winter Tax: Amount: $1,479.95
  • Total Tax: Year: 2012, Amount: $3,302.58

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Morenci Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2011
Closed on
Aug 30, 2012
Sold by
United Bank & Trust
Bought by
Glass Dustin B and Glass Tania H
Seller's Agent
Kim Goldmann
Michigan Living Real Estate
Buyer's Agent
Kathy Hartzell
Goedert Real Estate - Adr
List Price
$40,000
Sold Price
$16,500
Premium/Discount to List
-$23,500
-58.75%
Current Estimated Value
$144,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,173
Avg. Annual Appreciation
17.66%

Purchase Details

Closed on
Oct 28, 2010
Sold by
Derby Brent L and Derby Tammie L
Bought by
United Bank & Trust
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
Glass Dustin B $16,500 None Available
United Bank & Trust $40,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2012 08/30/12 Sold $16,500 -58.8% $8 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
06/22/2011 06/22/11 For Sale $40,000 -- $19 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,806 $69,700 $0 $0
2024 $26 $63,000 $0 $0
2022 $4,096 $51,400 $0 $0
2020 $2,041 $45,900 $0 $0
2019 $118,851 $44,800 $0 $0
2018 $118,851 $42,210 $0 $0
2017 $1,178 $41,972 $0 $0
2016 $0 $41,019 $0 $0
2014 -- $38,778 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Goldmann

    Seller's Agent in 2012

    Kim Goldmann

    Michigan Living Real Estate

    (517) 605-1522

    17 Total Sales

    Kim Goldmann
    Section Image

  • K

    Buyer's Agent in 2012

    Kathy Hartzell

    Goedert Real Estate - Adr

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 20013307

Michigan Multiple Listing Service

APN: XM0-580-0310-00

Michigan Lenawee County Morenci 49256

218 E Stephenson St, Morenci, MI

Not Listed for Sale

MultiFamily

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