NOT LISTED FOR SALE

221 W Mcarthur St Corunna, MI 48817

Estimated Value: $177,000 - $243,000

4 Beds
4 Baths
2,276 Sq Ft
$88/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $130,000 $57 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,422/month

113 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Wheelchair Access
  • Balcony
  • Patio
  • 3-minute walk to McCurdy Park and Historical Village

About This Home

As of April 2021

Multi family, 4 unit, well maintained with detached two car garage with loft. New gravel 4 space driveway, roof is approximately 7 years old. Each unit is a 1 bedroom, 1 bath living area. Unit 2 and 4 have balcony and unit 1 has a handicapped ramp and unit 4 has a patio and all have access to a front covered porch. Corner lot with yard space and a full basement/crawl space. Storage units are in the basement for each unit. Seller pays all utilities. Average monthly expense is $539.17

Last Agent to Sell the Property

Kelly Bila

MAP REALTY License #FAAR-124360 Listed on: 10/21/2020

MAP REALTY

Last Buyer's Agent

Kelly Bila

MAP REALTY License #FAAR-124360 Listed on: 10/21/2020

MAP REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 52 x 140
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Oven or Range
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Balcony
  • Patio

Additional Features

  • Wheelchair Access
  • Forced Air Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 026-10-023-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,463

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2462.52
  • Total Tax Year: 2020
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Estimated Sq Ft: 2276

Exterior Features

  • Construction: Wood
  • Exterior Features: Wheelchair Access, Patio, Sidewalks, Street Lights, Exterior Balcony
  • Frontage: 52
  • Foundation Type: Basement, Crawl
  • Roads: City/County, Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public At Street

Lot Info

  • Assessor Parcel Number: 026-10-023-006
  • Location: Corner Lot
  • Lot Dimensions: 52 X 140
  • Acreage: 0.16
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Month-To-Month, Electric Included, Gas Included, Heat Included

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,223.30
  • Winter Tax: Year: 2020, Amount: $1,239.22
  • Total Tax: Year: 2020, Amount: $2,462.52

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Corunna Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Apr 13, 2021
Sold by
Davis Daniel L and Davis Shelly S
Bought by
Grose Brandon V and Steele Brittany N
Seller's Agent
Kelly Bila
MAP REALTY
Buyer's Agent
Kelly Bila
MAP REALTY
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%
Current Estimated Value
$201,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,287
Avg. Annual Appreciation
10.50%
Original Mortgage
$97,500
Outstanding Balance
$88,411
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$112,876
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
Grose Brandon V $130,000 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grose Brandon V $97,500
Previous Owner Davis Daniel L $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $130,000 -7.1% $57 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
10/21/2020 10/21/20 For Sale $140,000 -- $62 / 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 $4,005 $68,000 $0 $0
2024 $3,694 $68,500 $0 $0
2023 $1,777 $64,300 $0 $0
2022 $1,699 $59,000 $0 $0
2021 $2,497 $45,200 $0 $0
2020 $2,463 $45,100 $0 $0
2019 $2,287 $39,000 $0 $0
2018 $2,371 $38,000 $0 $0
2017 $2,306 $40,100 $0 $0
2016 -- $40,100 $0 $0
2015 -- $39,000 $0 $0
2014 $14 $37,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50027130

Michigan Multiple Listing Service

APN: 026-10-023-006