$170,000
SOLD APR 28, 2021

225 3rd St Fenton, MI 48430

4 Beds
2 Baths
1,800 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

7% Below List Price

1 Day on Market

About This Home

As of October 2023

Block built duplex downtown Fenton. Walking distance to Tomek-Eastern Elementary or a few blocks to everything downtown has to offer. The location of this property is in perfect proximity to walk everywhere. This 2 unit has 1 side currently rented out to long time tenants. Unit comes with unfinished basement for storage and laundry. Main level is kitchen with dine in area and living room. Upstairs is 2 bedrooms and 1 bath. Each unit has it's own meter for water and electricity. 1 parcel id for the property. Asphalt roof is new 2018. Furnace and hot water heater are newer. Cosmetic updates might be desired on unit 1. Unit 2 currently vacant has been remodeled. Unit 2 offers new carpet, trim, windows, flooring, cabinets in kitchen and bath. 48 hours required for all showings. Video of unit available upon request.

Last Agent to Sell the Property

Kelly Smith

Smith Street License #6502409211 Listed on: 04/14/2021

Last Buyer's Agent

Joshua Lee

Real Estate For A CAUSE License #6501344395

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60.00x120.00

Home Design

  • Duplex
  • Block Foundation
  • Masonry

Interior Spaces

  • 2 Full Bathrooms
  • 1,800 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5325551063

Community Details

Overview

  • 2 Units
  • Booth And Miles Northern Add Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,303

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1940
  • State Equalized Value: 67200.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1800
  • Total Sq Ft: 1800
  • Sq Ft Total Bsmt: 440

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Block/Concrete/Masonry
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Fenton

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 60.00X120.00
  • Parcel Number: 5325551063
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 850

Tax Info

  • Tax Amount Summer: 1774.0000
  • Tax Amount Winter: 529.0000
  • Total Tax: 2303.0000
  • Taxable Value: 38272.0000

Multi Family

  • Gross Scheduled Income: 19200.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Fenton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Dec 7, 2023
Sold by
Suttle Melissa S
Bought by
Third East Llc
Seller's Agent
Joshua Lee
Real Estate For A CAUSE
Buyer's Agent
Gabrielle Letts
Coldwell Banker Professionals
List Price
$385,000
Sold Price
$345,000
Premium/Discount to List
-$40,000
-10.39%
Views
55
Current Estimated Value
$363,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,997
Avg. Annual Appreciation
2.83%
Original Mortgage
$338,751
Interest Rate
7.12%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 11, 2023
Closed on
Oct 19, 2023
Sold by
Wendling Allan
Bought by
Suttle Melissa
Seller's Agent
Joshua Lee
Real Estate For A CAUSE
Buyer's Agent
Gabrielle Letts
Coldwell Banker Professionals
List Price
$385,000
Sold Price
$345,000
Premium/Discount to List
-$40,000
-10.39%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
7.12%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 14, 2021
Closed on
Apr 28, 2021
Sold by
The Phillips Revocable Trust
Bought by
Wendling Allan
Seller's Agent
Kelly Smith
Smith Street
Buyer's Agent
Joshua Lee
Real Estate For A CAUSE
List Price
$182,900
Sold Price
$170,000
Premium/Discount to List
-$12,900
-7.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.03%

Purchase Details

Closed on
Jun 19, 2009
Sold by
Phillips Ardel and Phillips Janice
Bought by
Phillips Ardel P and Ardel Phillips Revocable Trust

Purchase Details

Closed on
Oct 8, 2002
Sold by
Brant Judith K
Bought by
Phillips Ardel and Phillips Janice
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $345,000 None Listed On Document
Warranty Deed $345,000 None Listed On Document
Warranty Deed $170,000 Sargents Title Company Llc
Interfamily Deed Transfer -- None Available
Warranty Deed $122,500 Guaranty Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $338,751 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $345,000 -3.9% $192 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/22/2023 08/22/23 Price Changed $359,000 -6.8% $199 / Sq Ft
08/11/2023 08/11/23 For Sale $385,000 +126.5% $214 / Sq Ft
04/28/2021 04/28/21 Sold $170,000 0.0% $94 / Sq Ft
04/28/2021 04/28/21 Sold $170,000 -7.1% $94 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/16/2021 04/16/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $182,900 0.0% $102 / Sq Ft
04/12/2021 04/12/21 Price Changed $182,900 0.0% $102 / Sq Ft
04/12/2021 04/12/21 For Sale $182,900 +7.6% $102 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
11/16/2020 11/16/20 Off Market $170,000 -- --
10/20/2020 10/20/20 Price Changed $178,900 -2.2% $99 / Sq Ft
10/14/2020 10/14/20 For Sale $182,900 0.0% $102 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $182,900 -- $102 / Sq Ft
Source: Realcomp

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 $5,992 $121,700 $0 $0
2023 $3,994 $89,300 $0 $0
2022 $4,927 $77,200 $0 $0
2021 $2,347 $75,700 $0 $0
2020 $1,775 $67,200 $0 $0
2019 $1,752 $64,600 $0 $0
2018 $2,231 $51,600 $0 $0
2017 $2,159 $48,400 $0 $0
2016 $2,143 $46,200 $0 $0
2015 $2,173 $40,400 $0 $0
2012 -- $34,800 $34,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210025699

Realcomp

APN: 53-25-551-063