NOT LISTED FOR SALE

24965 Murray St Unit 34505-34515 JEFFERSO Harrison Township, MI 48045

Southern Harrison Neighborhood

Estimated Value: $285,000 - $1,038,000

14 Beds
14 Baths
10,554 Sq Ft
$66/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $1,035,000 $98 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $4,260/month

40 Days on Market

Highlights

  • Colonial Architecture
  • Living Room
  • Forced Air Heating and Cooling System
  • 7 Car Attached Garage

About This Home

As of May 2024

Excellent investment opportunity! Well maintained 7 unit residential rental property! All 7 units are currently occupied by tenants & consist of 3-Townhouse Style Duplexes & 1-Single stand alone home. Square footage ranges between 1145 to 1598 sq. ft. & each has 2 lg. bedrooms, 1 full & 1 half bath, kitchen, dining area, utility/laundry room, 1-car attached garage! Owner will only sell as a package! The complex was set up as a condo but NO association has been set up! Very spacious units, great location, Boat Town USA! Separate meters (gas, electric & water) for each unit! Tenants pay: all utilities, grass cutting & snow removal. Owner pays taxes & insurance!

Last Agent to Sell the Property

Thom Kuchulan

RE/MAX First License #MISPE-6506044705 Listed on: 03/02/2024

RE/MAX First

Last Buyer's Agent

John Shkreli

Century 21 Professionals Utica License #6501444128

Century 21 Professionals Utica

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1994

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 237 x 162

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 14 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 7 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 17-11-36-412-001 THROUGH 007

Community Details

Overview

  • 7 Units
  • Marilynn's Meadows Condominium Units 1 7 Subdivision

Building Details

  • Net Operating Income $60,808

Property Details

Home Type

Multi-Family

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: Investment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Total Tax Amount: 31134.07
  • Total Tax Year: 2023
  • Year Built: 1994
  • Mail City: Harrison Twp
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 14
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 7
  • Total Bathrooms: 14
  • Dining Kitchen: Breakfast Nook/Room, Eat-In Kitchen
  • Sub Room Description: First Floor Laundry, Living Room, Utility/Laundry Room
  • Source of Sq Ft: See Remarks
  • Estimated Sq Ft: 10554
  • Half Bathrooms: 7

Exterior Features

  • Construction: Aluminum, Vinyl Siding
  • Foundation Type: Slab
  • Roads: City/County, Paved Street

Garage/Parking

  • Garage Type: Attached Garage, Gar Door Opener
  • Garage Spaces: 7
  • Parking: 3 Or More Spaces, Garage, Paved Driveway

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Central A/C
  • 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: 17-11-36-412-001 THROUGH 007
  • Lot Dimensions: 237 X 162
  • Acreage: 0.3
  • Lot Description: Large Lot - 65+ Ft.
  • Zoning: Residential

Rental Info

  • Total Expenses: 37417

Tax Info

  • Summer Tax: Year: 2023, Amount: $24,495.70
  • Winter Tax: Year: 2023, Amount: $6,638.37
  • Taxable Value: 598290
  • Total Tax: Year: 2023, Amount: $31,134.07
  • SEV Year: 2023

Multi Family

  • Total Units: 7

MLS Schools

  • School District: L'anse Creuse Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2024
Closed on
May 8, 2024
Sold by
Blue Star Jefferson Murray Llc
Bought by
Platinum Enterprises Ltd Llc
Seller's Agent
Thom Kuchulan
RE/MAX First
Buyer's Agent
John Shkreli
Century 21 Professionals Utica
List Price
$1,475,000
Sold Price
$1,035,000
Premium/Discount to List
-$440,000
-29.83%
Views
110
Current Estimated Value
$696,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$338,721
Avg. Annual Appreciation
-39.20%

Purchase Details

Closed on
Sep 8, 2020
Sold by
Dw Properties Llc
Bought by
Blue Star Jefferson Murray Llc

Purchase Details

Closed on
Aug 21, 2015
Sold by
Hardcastle Murray Llc
Bought by
Dw Properties Llc

Purchase Details

Closed on
Nov 20, 2009
Sold by
Hardcastle Gordon Douglas and Hanson Hardcastle Marilynn
Bought by
Hardcastle Murray Llc

Purchase Details

Closed on
Dec 23, 2004
Sold by
Awrey E Ross
Bought by
Hardcastle Gordon Douglas and Hanson Hardcastle Marilynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
8.4%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Platinum Enterprises Ltd Llc $1,035,000 Ata National Title
Blue Star Jefferson Murray Llc $885,000 Ata National Title
Dw Properties Llc $694,000 Chirco Title Agency Inc
Hardcastle Murray Llc -- Chirco Title Agency Inc
Hardcastle Murray Llc -- None Available
Hardcastle Gordon Douglas $221,000 Devon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hardcastle Gordon Douglas $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $1,035,000 -23.3% $98 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/05/2024 04/05/24 Price Changed $1,349,000 -8.5% $128 / Sq Ft
03/06/2024 03/06/24 For Sale $1,475,000 -- $140 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,841 $121,200 $0 $0
2024 $3,817 $111,200 $0 $0
2023 $3,633 $93,000 $0 $0
2022 $4,389 $84,400 $0 $0
2021 $4,256 $81,900 $0 $0
2020 $2,485 $78,800 $0 $0
2019 $3,258 $70,600 $0 $0
2018 $3,092 $57,400 $0 $0
2017 $3,106 $56,560 $10,000 $46,560
2016 $2,868 $56,560 $0 $0
2015 -- $57,270 $0 $0
2012 $2,876 $44,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50134805

Michigan Multiple Listing Service

APN: 17-11-36-412-007