Seller's Agent in 2018
Virginia Pelton
CENTURY 21 Northland
(231) 690-0852
234 Total Sales
250 5th Ave Manistee, MI 49660
Estimated Value: $221,000 - $282,737
Studio
--
Bath
--
Sq Ft
3,100
Sq Ft Lot
Highlights
- Corner Lot: Yes
- Hot Water Heating System
- Wood Siding
About This Home
As of January 20185 unit Building walking distance to downtown Manistee/Riverwalk/Lake Michigan. Building is just around the corner from the new Brewery coming to Manistee. Seller is too busy to manage property and is very motivated to sell. Units have all been inspected by City of Manistee and over the years have been Section 8 qualified. 3-1 Bedroom apts and 2-2 Bedroom apts. With attentive management this could be a very sound investment with good returns. Priced well under value.
Last Agent to Sell the Property
CENTURY 21 Northland License #6501323236 Listed on: 01/26/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1890
Lot Details
- 3,100 Sq Ft Lot
- Lot Dimensions are 50 x 62
- Corner Lot: Yes
Home Design
- Composition Roof
- Wood Siding
- Vinyl Siding
Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- Unpaved Driveway
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
- Phone Connected
- Cable TV Available
Listing and Financial Details
- The owner pays for water, gas
Community Details
Overview
- 5 Units
Building Details
- Insurance Expense $620
- Maintenance Expense $4,059
- Utility Expense $7,510
- Operating Expense $12,189
- Gross Income $29,400
- Net Operating Income $17,211
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
Jan 26, 2018
Closed on
Jan 25, 2018
Sold by
Bought by
Seller's Agent
Virginia Pelton
CENTURY 21 Northland
Buyer's Agent
Jermaine Sullivan
Dwelling Realty - KW Northern Michigan
List Price
$94,900
Sold Price
$65,000
Premium/Discount to List
-$29,900
-31.51%
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
$180,226
Avg. Annual Appreciation
17.35%
Purchase Details
Closed on
Sep 11, 2015
Sold by
Bought by
Purchase Details
Closed on
Apr 29, 2010
Sold by
Bought by
Purchase Details
Closed on
Jul 1, 2006
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $65,000 | -- | ||
| $99,500 | -- | ||
| $99,500 | -- | ||
| $82,000 | -- |
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 |
|---|---|---|---|---|
| 01/26/2018 01/26/18 | For Sale | $94,900 | +46.0% | -- |
| 01/25/2018 01/25/18 | Sold | $65,000 | -- | -- |
| 12/03/2017 12/03/17 | Pending | -- | -- | -- |
Source: MichRIC
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 | $3,519 | $109,800 | $0 | $0 |
| 2025 | $1,977 | $105,000 | $0 | $0 |
| 2024 | $19 | $94,900 | $0 | $0 |
| 2023 | $1,859 | $76,000 | $0 | $0 |
| 2022 | $3,062 | $69,500 | $69,500 | $0 |
| 2021 | $2,978 | $57,700 | $57,700 | $0 |
| 2020 | $2,817 | $51,300 | $51,300 | $0 |
| 2019 | $2,782 | $46,600 | $46,600 | $0 |
| 2018 | $2,371 | $39,600 | $39,600 | $0 |
| 2017 | $2,327 | $41,700 | $41,700 | $0 |
| 2016 | $1,393 | $42,600 | $42,600 | $0 |
| 2015 | -- | $40,800 | $40,800 | $0 |
| 2014 | -- | $37,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Virginia Pelton
-
Jermaine Sullivan
Buyer's Agent in 2018
Jermaine Sullivan
Dwelling Realty - KW Northern Michigan
(231) 425-6935
150 Total Sales
Map
Source: MichRIC
MLS Number: 17004786
APN: 51-244-702-06
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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