Seller's Agent in 2024
Therran Ferguson
Essential Real Estate
(231) 510-1790
85 in this area
165 Total Sales
260 1st St Manistee, MI 49660
Estimated Value: $149,000 - $181,000
--
Bed
--
Bath
--
Sq Ft
4,182
Sq Ft Lot
Highlights
- 1,848 Fireplaces
- Forced Air Heating System
- High Speed Internet
About This Home
As of September 2024Real Estate Investment Opportunity! This Duplex is located in downtown Manistee. The property has decades of successful rental history. 2 bedrooms in each unit with a combine monthly gross rental income of $1,550. All utilities are separated and paid for by tenants. Both units are currently occupied and under professional management locally. Current certificates of compliance with City rental program. If you have any questions please don't hesitate to reach out.
Last Agent to Sell the Property
Essential Real Estate License #6502429562 Listed on: 03/18/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,026
Year Built
- Built in 1930
Lot Details
- 4,182 Sq Ft Lot
- Lot Dimensions are 32 x 132
Home Design
- Composition Roof
- Vinyl Siding
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 2 Parking Spaces
- Driveway
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Wall Furnace
- High Speed Internet
- Phone Available
Additional Features
- 1,848 Fireplaces
- Mineral Rights Excluded
Community Details
- 1,848 Buildings
- 2 Units
Listing and Financial Details
- Tenant pays for electric, water, trash collection, sewer, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2024
Closed on
Sep 19, 2024
Sold by
Therran Holdings Llc
Bought by
Bachman Keith
Seller's Agent
Therran Ferguson
Essential Real Estate
Buyer's Agent
Nathan Sheldon
LIGHTHOUSE REALTY-Ludington
List Price
$177,500
Sold Price
$153,500
Premium/Discount to List
-$24,000
-13.52%
Views
180
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
$6,642
Avg. Annual Appreciation
4.20%
Purchase Details
Closed on
Oct 21, 2022
Sold by
Fischer Douglas H
Bought by
Therran Holdings Llc
Purchase Details
Closed on
May 1, 2018
Sold by
Skiera Family Revocable Trust
Bought by
Fischer Douglas H
Purchase Details
Closed on
Jul 23, 2013
Sold by
Goda Kim
Bought by
Edens Kim and Edens Robert
Purchase Details
Closed on
Jan 1, 1994
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bachman Keith | $153,500 | -- | |
| Therran Holdings Llc | $90,000 | -- | |
| Fischer Douglas H | $90,000 | -- | |
| Edens Kim | -- | -- | |
| -- | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2024 09/19/24 | Sold | $153,500 | +2.4% | -- |
| 08/12/2024 08/12/24 | Price Changed | $149,900 | -1.7% | -- |
| 08/04/2024 08/04/24 | Price Changed | $152,500 | -3.5% | -- |
| 08/01/2024 08/01/24 | Price Changed | $158,000 | -0.6% | -- |
| 07/30/2024 07/30/24 | Price Changed | $159,000 | -2.2% | -- |
| 07/16/2024 07/16/24 | Price Changed | $162,500 | -5.8% | -- |
| 06/25/2024 06/25/24 | Price Changed | $172,500 | +7.9% | -- |
| 06/14/2024 06/14/24 | Price Changed | $159,900 | -4.5% | -- |
| 05/30/2024 05/30/24 | Price Changed | $167,500 | +3.1% | -- |
| 05/16/2024 05/16/24 | Price Changed | $162,500 | -1.5% | -- |
| 05/06/2024 05/06/24 | Price Changed | $165,000 | -2.1% | -- |
| 04/30/2024 04/30/24 | Price Changed | $168,500 | -4.8% | -- |
| 03/29/2024 03/29/24 | Price Changed | $177,000 | -0.3% | -- |
| 03/18/2024 03/18/24 | For Sale | $177,500 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
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 | $3,075 | $59,900 | $0 | $0 |
| 2024 | $1,761 | $57,200 | $0 | $0 |
| 2023 | $1,666 | $46,800 | $0 | $0 |
| 2022 | $2,360 | $39,100 | $39,100 | $0 |
| 2021 | $2,298 | $37,100 | $37,100 | $0 |
| 2020 | $1,856 | $33,100 | $33,100 | $0 |
| 2019 | $1,832 | $30,700 | $30,700 | $0 |
| 2018 | $1,280 | $25,200 | $25,200 | $0 |
| 2017 | $1,469 | $28,200 | $28,200 | $0 |
| 2016 | $879 | $27,800 | $27,800 | $0 |
| 2015 | -- | $26,000 | $26,000 | $0 |
| 2014 | -- | $26,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Therran Ferguson
-
Nathan Sheldon
Buyer's Agent in 2024
Nathan Sheldon
LIGHTHOUSE REALTY-Ludington
(231) 690-0422
3 in this area
116 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24013056
APN: 51-448-729-08
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