NOT LISTED FOR SALE

263 E Center St Petersburg, MI 49270

Estimated Value: $212,000 - $268,063

4 Beds
2 Baths
2,128 Sq Ft
$112/Sq Ft Est. Value

Last Sold April 19, 2016

Last sale price $100,000 $47 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,680/month

166 Days on Market

About This Home

As of April 2016

WHAT AN OPPORTUNITY! SIDE BY SIDE DUPLEX. EACH SIDE HAS 2 BEDROOMS, 1.5 BATHS, LAUNDRY ON MAIN LEVEL. ALL APPLIANCES
ARE INCLUDED, STOVE, REFRIGERATOR, WASHER AND DRYER, 263 ALSO HAS A DISHWASHER. RENTS ARE $700 PER UNIT PER MONTH. OWNER PAYS
WATER. THIS PROPERTY CONSISTS OF 2 LOTS! .84 ACRES!

Last Agent to Sell the Property

Mark Goedert

Goedert Real Estate License #6501127024 Listed on: 10/16/2015

Last Buyer's Agent

Danielle Grostick

Real Estate One License #6506045712

Real Estate One

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 125x145

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,128 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 585700101700

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2128
  • Total Sq Ft: 2128
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Patio
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Summerfield

Lot Info

  • List Price per Acre: 309285.7143
  • Lot Size Area: 0.42
  • Lot Dimensions: 125X145
  • Parcel Number: 585700101700
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer
  • Monthly Rental Income: 1400

Tax Info

  • Tax Amount Summer: 1770.0000
  • Tax Amount Winter: 1330.0000
  • Total Tax: 3100.0000

Multi Family

  • Gross Scheduled Income: 16800.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Summerfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Apr 15, 2016
Sold by
Parros Brian W and Parros Laura C
Bought by
Fagerman Brandon
Seller's Agent
Mark Goedert
Goedert Real Estate
Buyer's Agent
Danielle Grostick
Real Estate One
List Price
$129,900
Sold Price
$100,000
Premium/Discount to List
-$29,900
-23.02%
Current Estimated Value
$239,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,266
Avg. Annual Appreciation
9.51%
Original Mortgage
$15,000
Outstanding Balance
$12,003
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$222,856

Purchase Details

Closed on
Apr 10, 2014
Sold by
Parros Alyssa Marie
Bought by
Parros Brian W and Parros Laura C

Purchase Details

Closed on
Oct 27, 2011
Sold by
Federal National Mortgage Association
Bought by
Parros Alyssa

Purchase Details

Closed on
Mar 10, 2011
Sold by
Langton Michael
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 27, 1992
Sold by
Ovall Gertrude
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Fagerman Brandon $100,000 Lawyers Title
Parros Brian W -- Leading Edge Title Agency
Parros Alyssa $34,500 --
Federal National Mortgage Association $93,727 --
-- $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fagerman Brandon $15,000
Open Fagerman Brandon $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2016 04/19/16 Sold $100,000 -23.0% $47 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $129,900 -- $61 / Sq Ft
Source: Realcomp

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 $4,634 $112,200 $2,100 $110,100
2024 $2,162 $110,100 $0 $0
2023 $2,074 $88,000 $0 $0
2022 $4,221 $88,000 $0 $0
2021 $2,108 $83,400 $0 $0
2020 $3,655 $74,300 $0 $0
2019 $3,623 $74,300 $0 $0
2018 $3,579 $68,200 $0 $0
2017 $3,595 $60,300 $0 $0
2016 $2,908 $60,300 $0 $0
2015 $4,863 $49,600 $0 $0
2014 $2,798 $49,600 $0 $0
2013 $3,074 $44,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mark Goedert

    Goedert Real Estate

    Section Image
  • Danielle Grostick

    Buyer's Agent in 2016

    Danielle Grostick

    Real Estate One

    (734) 637-5897

    415 Total Sales

    Danielle Grostick
    Section Image
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Map

Source: Realcomp

MLS Number: 215112499

Realcomp

APN: 57-001-017-00

Michigan Monroe County Petersburg 49270

263 E Center St, Petersburg, MI

This home is located at 263 E Center St, Petersburg, MI 49270 since 16 October 2015 and is currently estimated at $239,266, approximately $112 per square foot. This property was built in 1920. 263 E Center St is a home located in Monroe County with nearby schools including Summerfield Elementary School, Summerfield Junior/Senior High School, and Holiness Christian School.

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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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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