NOT LISTED FOR SALE

221 N Prospect St Sturgis, MI 49091

Estimated Value: $202,851

-- Bed
-- Bath
-- Sq Ft
0.27 Acres

Last Sold March 10, 2023

Last sale price $170,000

Est. 19% increase in value since last sale

Current estimated payment $1,511/month

45 Days on Market

About This Home

As of March 2023

Great 4 unit investment property with steady cash flow. Nice large backyard. Each unit with private entrance. The two main level units are larger than the upper units. All units include stove and refrigerator. Updated electric, boiler heat, replacement windows.

Last Agent to Sell the Property

Sue Roach

RE/MAX Elite Group License #6506039380 Listed on: 01/02/2023

RE/MAX Elite Group

Last Buyer's Agent

Linda Lazarus

Michigan Top Producers License #6501380665

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,826

Year Built

  • Built in 1940

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 88x132

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,826

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 88x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1826.0
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Heat Type:Hot Water: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 180000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 1826.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Mar 10, 2023
Sold by
Cac1 Llc
Bought by
Sunnyland Properties Llc
Seller's Agent
Sue Roach
RE/MAX Elite Group
Buyer's Agent
Linda Lazarus
Michigan Top Producers
List Price
$180,000
Sold Price
$170,000
Premium/Discount to List
-$10,000
-5.56%
Views
78
Current Estimated Value
$202,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,851
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
May 1, 2012
Sold by
Cmlc Inc
Bought by
Cac1 Llc
Source: Public Records

Range of Values:

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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
Sunnyland Properties Llc $170,000 Patrick Abstract & Title
Cac1 Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $170,000 -5.6% --
02/16/2023 02/16/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $180,000 -- --
Source: Southwestern Michigan Association of REALTORS®

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 $5,227 $95,900 $3,400 $92,500
2024 $4,571 $83,500 $3,400 $80,100
2023 $1,694 $81,000 $2,100 $78,900
2022 $1,579 $84,000 $5,300 $78,700
2021 $1,773 $47,300 $2,200 $45,100
2020 $1,752 $29,900 $6,500 $23,400
2019 $1,720 $39,800 $8,100 $31,700
2018 $1,569 $28,900 $8,100 $20,800
2017 $1,536 $25,600 $25,600 $0
2016 -- $25,400 $25,400 $0
2015 -- $33,900 $0 $0
2014 -- $34,400 $34,400 $0
2012 -- $32,900 $32,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23000026

Southwestern Michigan Association of REALTORS®

APN: 052-650-017-00