NOT LISTED FOR SALE

224 W Main St Maple Rapids, MI 48853

Estimated Value: $146,984 - $181,000

-- Bed
2 Baths
1,768 Sq Ft
$95/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $155,000 $88 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,005/month

298 Days on Market

Highlights

  • Traditional Architecture
  • Outdoor Storage
  • High Speed Internet
  • Double Pane Windows
  • Forced Air Heating System
  • Rectangular Lot

About This Home

As of August 2023

Welcome to this charming duplex located in the heart of Maple Rapids, Michigan! This property is perfect for both investors and homeowners alike, offering a rare opportunity to own a beautifully updated duplex in a convenient location.

Each unit features 2 bedrooms and 1 bathroom, with one side of the duplex featuring a downstairs bedroom for added convenience. The other side of the duplex has a washer and dryer for the ultimate in convenience. Both units have a large front porch and back decks, providing plenty of outdoor space for relaxing and entertaining.

The property has been recently updated, The location is also unbeatable, with the grocery store, post office, and library all within walking distance. Additionally, the property is located directly across the street from the park, providing easy access to green space and outdoor activities.

Currently, each unit is occupied on a month-to-month lease, with rents of $1,700 possible. One side is currently rented for $850 a month. The large yard offers plenty of space for outdoor activities, and the motivated seller is eager to find a new owner for this amazing property.

Don't miss your chance to own this beautiful duplex in Maple Rapids. Contact us today to schedule a showing!

Last Listed By

Patti Warnke

Patti Warnke Real Estate Group License #6502431699 Listed on: 09/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,225

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65 x 132
  • Partially Fenced Property
  • Wood Fence
  • Rectangular Lot
  • Level Lot
  • Few Trees
  • Back Yard

Home Design

  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,768 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Michigan Basement
  • Laundry in Hall

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • No Garage
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • City Lot

Listing and Financial Details

  • Total Actual Rent $20,400

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $911
  • Maintenance Expense $3,600
  • Water Sewer Expense $940
  • New Taxes Expense $1,221

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,225

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Gross Rent: 20400.0
  • Water Sewer Expenses: 940.0
  • Tax Year: 2021
  • Misc Business Info Overall Building Siz: 1768
  • Levels: Two
  • Year Built: 1900
  • Lot Size Acres: 0.2
  • Lot Size: 65 x 132
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1768.0
  • Architectural Style: Traditional
  • General Property Info:Lot Size Dimensions: 65 x 132
  • General Property Info:Above Grade Finished Area: 1768.0
  • Levels:Two2: Yes
  • Flooring:Carpet: Yes
  • Fencing:Partial2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Flooring:Vinyl2: Yes
  • Architectural Style:Traditional: Yes
  • Cooling:None8: Yes
  • Fencing:Wood3: Yes
  • Laundry Features:In Hall: Yes
  • Tax Info:Taxes2: 1224.76
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Foundation Details:Stone4: Yes
  • Annual Inc Expense:Insurance4: 911.0
  • Annual Inc Expense:Tax Expense2: 1221.0
  • Annual Inc Expense:Maintenance3: 3600.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas
  • Flooring: Carpet, Vinyl
  • Property Type: Resid/Multi-Family
  • Window Features: Double Pane Windows
  • Basement:Michigan: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Storage
  • Fencing: Partial, Wood
  • Foundation Details: Stone
  • Lot Features: Back Yard, City Lot, Few Trees, Level, Rectangular Lot
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt
  • Construction Type: Vinyl Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:City Lot: Yes
  • Exterior Features:Storage3: Yes
  • Window Features:Double Pane Windows: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Level: Yes
  • Lot Features:Rectangular Lot: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: No Garage, Off Street, On Site
  • Attached Garage: No
  • Parking Features:On Site: Yes
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 4
  • Parking Features:Off Street: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: None
  • LaundryFeatures: In Hall, In Unit
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Fee Information

  • Annual Water Sewer Expense: 940.0

Schools

  • Junior High Dist: Fulton

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 911.0
  • Maintenance Expense: 3600.0

Tax Info

  • New Taxes Expense: 1221.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Aug 25, 2023
Sold by
Desander Charles E
Bought by
Beard Tyler
Seller's Agent
Patti Warnke
Patti Warnke Real Estate Group
Buyer's Agent
Ryan Lipinski
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Total Days on Market
298
Views
551
Current Estimated Value
$168,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,746
Avg. Annual Appreciation
6.28%
Original Mortgage
$149,826
Outstanding Balance
$147,621
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$24,186

Purchase Details

Closed on
Aug 20, 2019
Sold by
Garcia Luciano F
Bought by
Desander Charles E and Desander Chuck E

Purchase Details

Closed on
Feb 21, 2019
Sold by
Desander Jacqueline A and Lindsey Jacqueline A
Bought by
Desander Charles E and Desander Chuck E

Purchase Details

Closed on
May 19, 2014
Sold by
Garcia Luciano F and Garcia Marisela
Bought by
Desander Jacqueline A

Range of Values:

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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

Date Buyer Sale Price Title Company
Beard Tyler $155,000 Ata National Title Group
Desander Charles E -- None Available
Desander Charles E -- None Available
Desander Jacqueline A -- None Available
Estate Of Roland C Garcia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beard Tyler $149,826
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $155,000 +0.1% $88 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
06/26/2023 06/26/23 Price Changed $154,900 -3.1% $88 / Sq Ft
09/19/2022 09/19/22 For Sale $159,900 -- $90 / Sq Ft
Source: Greater Lansing 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
2024 $844 $70,900 $5,100 $65,800
2023 $272 $46,100 $0 $0
2022 $957 $41,300 $4,700 $36,600
2021 $934 $36,400 $4,500 $31,900
2020 $859 $33,200 $4,300 $28,900
2019 $825 $28,800 $4,300 $24,500
2018 $0 $25,200 $4,300 $20,900
2017 -- $26,500 $4,300 $22,200
2016 -- $24,800 $4,300 $20,500
2015 -- $20,800 $0 $0
2011 -- $24,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 268654

Greater Lansing Association of Realtors®

APN: 081-000-005-006-00