NOT LISTED FOR SALE

23137 E Main St Armada, MI 48005

Estimated Value: $160,681 - $239,000

4 Beds
2 Baths
1,786 Sq Ft
$115/Sq Ft Est. Value

Last Sold February 26, 2018

Last sale price $87,500 $49 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,340/month

4 Days on Market

Highlights

  • Deck
  • Orville C. Krause Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of February 2018

Absolutely priced to sell! 2 unit in quiet, quaint downtown Armada! Walk to park,shopping and the famous Armada Fair! Many updates, both units are 2 bedroom, 1 bath, separate utilities. Upper unit has 10x9 deck, plenty of parking for both units. Current rents are below market, could easily bring much more per month. Great investment!

Last Agent to Sell the Property

Jeff Dawley

Atlas Real Estate License #6502132748 Listed on: 01/18/2018

Last Buyer's Agent

Joseph Lata

Clients First, Realtors License #6501387444

Clients First, Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 56x125

Parking

  • Paved Parking

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,786 Sq Ft Home
  • 2-Story Property
  • Basement

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • A/P # 04 Armada Vill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0224152017
  • $5,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,809

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1786
  • Total Sq Ft: 1786
  • Sq Ft Total Bsmt: 850

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 56
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Paved

Utilities

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

Schools

  • School District: Armada

Lot Info

  • List Price per Acre: 561875.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 56x125
  • Parcel Number: 0224152017
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 550

Tax Info

  • Tax Amount Summer: 740.0000
  • Tax Amount Winter: 1069.0000
  • Total Tax: 1809.0000

Multi Family

  • Gross Scheduled Income: 13200.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Armada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
Feb 26, 2018
Sold by
E Main Street Llc
Bought by
Reagin Clarice Marie
Seller's Agent
Jeff Dawley
Atlas Real Estate
Buyer's Agent
Joseph Lata
Clients First, Realtors
List Price
$89,900
Sold Price
$87,500
Premium/Discount to List
-$2,400
-2.67%
Current Estimated Value
$205,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,670
Avg. Annual Appreciation
12.47%
Original Mortgage
$85,914
Interest Rate
4.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2014
Sold by
Hassinger Alfred J
Bought by
E Main Street Llc

Purchase Details

Listed on
May 8, 2012
Closed on
Oct 2, 2012
Sold by
Kinch John and Kinch Laurie
Bought by
Hassinger Alfred J
Seller's Agent
Carl Wessel
Wessel Realty
Buyer's Agent
Carl Wessel
Wessel Realty
List Price
$69,900
Sold Price
$62,500
Premium/Discount to List
-$7,400
-10.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Oct 29, 1997
Sold by
Ureel G and Ureel J
Bought by
Kinch K and Kinch L
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
Reagin Clarice Marie $87,500 None Available
E Main Street Llc -- None Available
Hassinger Alfred J $62,500 None Available
Kinch K $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reagin Clarice Marie $54,300
Open Reagin Clarice Marie $85,500
Closed Reagin Clarice Marie $85,914
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2018 02/26/18 Sold $87,500 -2.7% $49 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $89,900 +43.8% $50 / Sq Ft
10/11/2012 10/11/12 Sold $62,500 -10.6% $38 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $69,900 -- $42 / 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
2025 $2,481 $77,700 $0 $0
2024 $1,467 $74,400 $0 $0
2023 $1,391 $67,300 $0 $0
2022 $2,205 $57,500 $0 $0
2021 $2,142 $56,300 $0 $0
2020 $2,046 $54,000 $0 $0
2019 $1,990 $50,100 $0 $0
2018 $1,816 $48,400 $0 $0
2017 $3,087 $44,900 $6,200 $38,700
2016 $2,308 $44,900 $0 $0
2015 -- $38,300 $0 $0
2011 -- $33,934 $6,590 $27,344
Source: Public Records

Agents Affiliated with this Home

  • Jeff Dawley

    Seller's Agent in 2018

    Jeff Dawley

    Atlas Real Estate

    (810) 869-3800

    218 Total Sales

    Section Image

  • J

    Buyer's Agent in 2018

    Joseph Lata

    Clients First, Realtors

    Section Image

  • C

    Seller's Agent in 2012

    Carl Wessel

    Wessel Realty

    Section Image
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Map

Source: Realcomp

MLS Number: 218004954

Realcomp

APN: 25-02-24-152-017

Michigan Macomb County Armada 48005

23137 E Main St, Armada, MI

This home is located at 23137 E Main St, Armada, MI 48005 since 18 January 2018 and is currently estimated at $205,170, approximately $114 per square foot. This property was built in 1900. 23137 E Main St is a home located in Macomb County with nearby schools including Orville C. Krause Elementary School, Armada Middle School, and Armada High School.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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