Seller's Agent in 2022
Marjorie Zaccanelli
RE/MAX Michigan
(231) 510-4751
44 in this area
175 Total Sales
234 5th St Manistee, MI 49660
Estimated Value: $158,000 - $216,000
--
Bed
--
Bath
--
Sq Ft
0.28
Acres
Highlights
- 2 Fireplaces
- 7 Car Garage
- Level Lot
- Forced Air Heating System
- High Speed Internet
About This Home
As of May 2022Excellent investor package in the lake town of Manistee. Includes 2 duplexes (4 units), a 2 car garage, a large yard and 7 off street parking spaces! These two properties adjoin each other in back. 3 beautiful 2 bedroom, 1 bath apartments and a 4th that has 1 bedroom plus den, 1 bath. Rents are $900, $800, $750 and $500 (the last being a long term tenant). Utilities are all separated with tenants paying own gas, electric, water, sewer and garbage. Considerable updates include vinyl plank flooring, fresh paint, many replacement windows, new roof on Ramsdell in 2021 and new upstairs furnace in Ramsdell in 2021. Both main floor apts have private laundry with washers and dryers included. Garage for landlord workshop/storage or could charge extra for tenant use. Rent easily. All under lease.
Last Agent to Sell the Property
RE/MAX Bayshore Manistee License #6501171623 Listed on: 04/30/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,933
Lot Details
- 0.28 Acre Lot
- Level Lot
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2 Fireplaces
- Basement Fills Entire Space Under The House
Parking
- 7 Car Garage
- Unpaved Driveway
- Unpaved Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Wall Furnace
- Individual Gas Meter
- Separate Water Meter
- Shared Water Meter
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- 2 Buildings
- 4 Units
Listing and Financial Details
- Tenant pays for water, trash collection, sewer, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2022
Closed on
May 31, 2022
Sold by
Montano Daniel G
Bought by
Wright Shaun and Wright Jackie
Seller's Agent
Marjorie Zaccanelli
RE/MAX Bayshore Manistee
Buyer's Agent
Jermaine Sullivan
Dwelling Realty - KW Northern Michigan
List Price
$259,800
Sold Price
$250,990
Premium/Discount to List
-$8,810
-3.39%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,735
Avg. Annual Appreciation
-8.29%
Purchase Details
Listed on
Feb 14, 2020
Closed on
Dec 23, 2020
Sold by
Bottrell Tyler A
Bought by
Montano Daniel G and Montano Marisela
Seller's Agent
Cheryl Staszczak
LIGHTHOUSE REALTY-Manistee
Buyer's Agent
Marjorie Zaccanelli
RE/MAX Bayshore Manistee
List Price
$77,000
Sold Price
$70,000
Premium/Discount to List
-$7,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
142.72%
Purchase Details
Closed on
Feb 25, 2011
Sold by
Mcfadzen Karen L and Johnson Kimberle
Bought by
Bottrell Tyler A
Purchase Details
Closed on
Jan 31, 2010
Sold by
Krusniak Verian J
Purchase Details
Closed on
Jul 14, 2008
Sold by
Krusniak Verian J
Bought by
Krusniak Verian J and Mcfadzen Karen
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wright Shaun | $250,990 | -- | |
| Montano Daniel G | $70,000 | -- | |
| Bottrell Tyler A | $26,000 | -- | |
| -- | -- | -- | |
| Krusniak Verian J | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $250,990 | -3.4% | -- | |
| 05/09/2022 05/09/22 | Pending | -- | -- | -- | |
| 04/30/2022 04/30/22 | For Sale | $259,800 | +271.1% | -- | |
| 12/23/2020 12/23/20 | Sold | $70,000 | -9.1% | -- | View Prior Sale |
| 11/11/2020 11/11/20 | Pending | -- | -- | -- | |
| 02/14/2020 02/14/20 | For Sale | $77,000 | -- | -- |
Source: MichRIC
Tax History Compared to Growth
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 | $2,339 | $78,600 | $0 | $0 |
| 2024 | $2,286 | $70,000 | $0 | $0 |
| 2023 | $2,200 | $61,800 | $0 | $0 |
| 2022 | $2,614 | $52,500 | $52,500 | $0 |
| 2021 | $2,542 | $41,100 | $41,100 | $0 |
| 2020 | $1,806 | $37,900 | $37,900 | $0 |
| 2019 | $1,783 | $37,400 | $37,400 | $0 |
| 2018 | $1,747 | $36,700 | $36,700 | $0 |
| 2017 | $1,711 | $32,900 | $32,900 | $0 |
| 2016 | $1,024 | $28,700 | $28,700 | $0 |
| 2015 | -- | $29,300 | $29,300 | $0 |
| 2014 | -- | $27,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marjorie Zaccanelli
-
Jermaine Sullivan
Buyer's Agent in 2022
Jermaine Sullivan
Dwelling Realty - KW Northern Michigan
(231) 425-6935
75 in this area
150 Total Sales
-
Cheryl Staszczak
Seller's Agent in 2020
Cheryl Staszczak
LIGHTHOUSE REALTY-Manistee
(248) 805-3802
34 in this area
55 Total Sales
Map
Source: MichRIC
MLS Number: 22015408
APN: 51-572-708-03
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