NOT LISTED FOR SALE

23440 Prospect Ave Armada, MI 48005

Armada Area

Estimated Value: $277,000 - $295,000

4 Beds
2 Baths
2,100 Sq Ft
$136/Sq Ft Est. Value

Sale Details

Date Sold: November 11, 2016

Last sale price $103,150 $49 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,849 / mo

22 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Detached Garage
  • Orville C. Krause Elementary School Rated A-
  • Fenced Yard
  • Forced Air Heating System

About This Home

As of November 2016

Tenant Occupied 24 HOUR NOTICE for showings. Each unit has 2 bedrooms 1 bath w/private entrance front & back. Private parking for each unit. Large yard w/fenced backyard detached garage in backyard (used for storage). Home has 2 new furnaces 2015, newer windows, roof & siding. Unit on west side renovated in 2014. Each unit rented for $675. tenants pay all utilites. ROI 12% per year. Please be courteous to tenants and drive by home before setting appointment.

Last Agent to Sell the Property

Bill Minor

Berkshire Hathaway HomeServices Kee Realty License #MISPE-6501243324 Listed on: 09/12/2016

Berkshire Hathaway HomeServices Kee Realty

Co-Listed By

Joyce McBride

Berkshire Hathaway HomeServices Kee Realty License #MISPE-6501343653

Last Buyer's Agent

Judy O'Donnell

Silverstone Real Estate, LLC License #RCO-6501220736

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions are 65x165
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Michigan Basement
  • Sump Pump
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 02-24-154-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0.28 Acres

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Total Tax Amount: 3560
  • Total Tax Year: 2015
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors, Sump Pump
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block, MI Basement
  • Bedrooms: 4
  • Bathroom Description: Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen, Formal Dining Room
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Fenced Yard, Sidewalks
  • Frontage: 65
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 2 Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 02-24-154-017
  • Lot Dimensions: 65x165
  • Acreage: 0.28
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Long Term

Tax Info

  • Summer Tax: Year: 2015, Amount: $1,990.00
  • Winter Tax: Year: 2015, Amount: $930.00
  • Total Tax: Year: 2015, Amount: $3,560.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Armada Area Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2016
Closed on
Nov 11, 2016
Sold by
Bought by
Seller's Agent
Bill Minor
Berkshire Hathaway HomeServices Kee Realty
Buyer's Agent
Judy O'Donnell
Silverstone Real Estate, LLC
List Price
$104,900
Sold Price
$103,150
Premium/Discount to List
-$1,750
-1.67%
Current Estimated Value
$286,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,969
Avg. Annual Appreciation
10.98%

Purchase Details

Closed on
Nov 26, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 30, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.74%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Armada, MI

  • Salvatore Delisi Real Estate Agent - Select RE Prof - James Ray & Associates

    Salvatore Delisi

    Select RE Prof - James Ray & Associates

    (586) 203-3826

    124 Total Sales

    1 in Armada

    $330,000 Price

    Salvatore Delisi
     Section Image
  • Robert Kluck Real Estate Agent - Professional Leasing & Sales

    Robert Kluck

    Professional Leasing & Sales

    (586) 619-8812

    201 Total Sales

    2 in Armada

    $117K - $155K Price Range

    Robert Kluck
     Section Image
  • Robert Walker Real Estate Agent - EXP Realty - Marysville

    Robert Walker

    Responds Quickly

    EXP Realty - Marysville

    (810) 642-4069

    188 Total Sales

    1 in Armada

    $190,000 Price

    Robert Walker
     Section Image
  • Garry Chaney Real Estate Agent - Berkshire Hathaway HomeServices Kee Realty NB

    Garry Chaney

    Berkshire Hathaway HomeServices Kee Realty NB

    (810) 339-4966

    62 Total Sales

    2 in Armada

    $135,000 Price Range

    Garry Chaney
     Section Image
  • Lisa Nolff Real Estate Agent - Keller Williams Realty Lakeside

    Lisa Nolff

    Keller Williams Realty Lakeside

    (586) 701-6384

    83 Total Sales

    2 in Armada

    $170K - $245K Price Range

    Lisa Nolff
     Section Image
  • Russell Glide Real Estate Agent - RE/MAX First

    Russell Glide

    RE/MAX First

    (989) 368-2842

    67 Total Sales

    1 in Armada

    $170,000 Price

    Russell Glide
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$103,150 None Available
-- Sterling Title Agency
$150,000 None Available
$140,000 Metropolitan Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $112,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/11/2016 11/11/16 Sold $103,150 -1.7% $49 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $104,900 -- $50 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,365 $124,600 $0 $0
2025 $1,934 $119,300 $0 $0
2024 $19 $114,600 $0 $0
2023 $1,784 $103,800 $0 $0
2022 $2,915 $88,500 $0 $0
2021 $2,830 $83,600 $0 $0
2020 $2,469 $83,100 $0 $0
2019 $2,649 $69,800 $0 $0
2018 $2,004 $64,600 $0 $0
2017 $3,674 $57,600 $8,200 $49,400
2016 $2,911 $57,600 $0 $0
2015 -- $53,900 $0 $0
2011 -- $64,666 $9,035 $55,631
Source: Public Records

Agents Affiliated with this Home

  • Bill Minor Real Estate Agent - Berkshire Hathaway HomeServices Kee Realty

    Seller's Agent in 2016

    Bill Minor

    Berkshire Hathaway HomeServices Kee Realty

    (586) 530-1059

    73 Total Sales

    Bill Minor
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Joyce McBride

    Berkshire Hathaway HomeServices Kee Realty

    Section Image

  • J

    Buyer's Agent in 2016

    Judy O'Donnell

    Silverstone Real Estate, LLC

    (586) 322-3222

    8 Total Sales

    Judy O'Donnell
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31302707

Michigan Multiple Listing Service

APN: 25-02-24-154-017

Michigan Macomb County Armada 48005

23440 Prospect Ave, Armada, MI

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Michigan Multiple Listing Service Source MLS: MiRealSource
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