$92,000
SOLD JAN 24, 2025

241 E Oak St Harrison, MI 48625

4 Beds
3 Baths
1,840 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

20% Below List Price

223 Days on Market

Highlights

  • Lake Front
  • Property is near schools
  • Wood Siding
  • Porch
  • Forced Air Heating System
  • 4-minute walk to Harrison City Park

About This Home

As of January 2025

Looking for a great rental income investment, check out this 3 unit 2 story apartment house in the City of Harrison in a great location just down from the post office and within walking distance to stores and city park dock area on Budd Lake. One unit down is vacant and has recently been painted and some updates, has 2 bedrooms with utility hookups. 2nd unit has 1 bedroom and a full bath, and is currently rented. The 3rd unit is upstairs with 1 bedroom and is currently rented. Home has city utilities ab natural gas heat, partial Michigan basement with 2 furnaces (approx. 10 yrs old), & 3 water heaters. Seller pays for City utilities and trash pickup (approx. 90-110Mo), each unit has separate Elec. bills. Unit's 1 & 2 shares furnace with upstairs unit by 1 heat duct each, and tenants 1 & 2 pays the gas bill. 24 hour notice for showing appointment. Sale includes 3 refrigerators, & 3 cook stoves.

Last Agent to Sell the Property

Troy Condell

CONDELL WONDER LAND License #CGBOR-6501204982 Listed on: 06/11/2024

Last Buyer's Agent

Non Member

Non-Member License #FAAR-126710

Property Details

Home Type

  • Apartment

Est. Annual Taxes

Year Built

  • Built in 1880

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Lake Front

Parking

  • 3 Car Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Michigan Basement
  • Partial Basement
  • Stone Basement

Outdoor Features

  • Access To Lake
  • Porch

Location

  • Property is near schools

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Electric Water Heater
  • Internet Available

Community Details

  • 3 Units
  • Wilson's Add To City Of Harrison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070-819-008-00

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,401

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Apartment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2131
  • Total Tax Year: 2021
  • Year Built: 1880
  • Mail City: Harrison
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: MI Basement, Outside Entrance, Partial, Stone
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Measured
  • Estimated Sq Ft: 1840

Exterior Features

  • Construction: Wood
  • Exterior Features: Porch
  • Frontage: 66
  • Water Features: Lake/River Access, Interior Lake
  • Foundation Type: Basement, Crawl
  • Roads: City/County, Paved Street

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

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

Lot Info

  • Assessor Parcel Number: 070-819-008-00
  • Location: Main Street, Subdivision, Walk To School
  • Lot Dimensions: 66x132
  • Section: 21
  • Acreage: 0.2
  • Lot Description: Sidewalks
  • Zoning: Commercial
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Month-To-Month, Water Included

Tax Info

  • Summer Tax: Year: 2021, Amount: $984.00
  • Winter Tax: Year: 2021, Amount: $1,148.00
  • Taxable Value: 40623
  • Total Tax: Year: 2021, Amount: $2,131.00
  • SEV Year: 2023

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Harrison Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jan 22, 2025
Sold by
Gargin Dennis G
Bought by
241 E Oak St Llc
Seller's Agent
Troy Condell
CONDELL WONDER LAND
Buyer's Agent
Non Member
Non-Member
List Price
$115,000
Sold Price
$92,000
Premium/Discount to List
-$23,000
-20%
Views
141
Current Estimated Value
$116,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,202
Avg. Annual Appreciation
48.56%

Purchase Details

Closed on
Mar 1, 2005
Sold by
Murray
Bought by
Gargin Dennis G and Gargin Joanna M
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $92,000 --
Grant Deed $67,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $92,000 -7.9% $50 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
11/27/2024 11/27/24 Price Changed $99,900 -4.8% $54 / Sq Ft
08/26/2024 08/26/24 Price Changed $104,900 -4.5% $57 / Sq Ft
07/31/2024 07/31/24 Price Changed $109,900 -4.4% $60 / Sq Ft
06/11/2024 06/11/24 For Sale $115,000 -- $63 / Sq Ft
Source: Clare Gladwin Board 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
2025 $2,401 $59,200 $12,700 $46,500
2024 $1,153 $56,700 $8,600 $48,100
2023 $1,256 $49,100 $6,500 $42,600
2022 $2,422 $44,300 $5,400 $38,900
2021 $2,131 $41,400 $0 $0
2020 $2,095 $40,900 $0 $0
2019 $1,997 $37,800 $0 $0
2018 $1,950 $35,400 $0 $0
2017 $939 $36,500 $0 $0
2016 $931 $36,200 $0 $0
2015 -- $36,800 $0 $0
2014 -- $40,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50144901

Clare Gladwin Board of REALTORS®

APN: 070-819-008-00