NOT LISTED FOR SALE

264 S East St Unit 266 Freeport, MI 49325

Estimated Value: $252,416 - $299,000

2 Beds
2 Baths
2,072 Sq Ft
$135/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $158,700 $77 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,801/month

9 Days on Market

Highlights

  • Corner Lot: Yes
  • Forced Air Heating and Cooling System
  • 6 Car Garage
  • Lee Elementary School Rated A-

About This Home

As of July 2018

Nice opportunity to own this 14 year old Freeport duplex. Gross income of the duplex is $21,300 annually and separately metered for tenant utilities. Maintenance free exterior and good rental history make this income property a must see. Hastings, Middleville only a short drive away for shopping, medical, schools etc. Would also make a good owner occupied unit. (Unit 2 rent will be $925.00 beginning Aug. 1, 2018)

Last Agent to Sell the Property

Cathy Anastor

Five Star Real Estate (Casc) - I Listed on: 06/12/2018

Last Buyer's Agent

Jason May

Bellabay Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 153 x 132
  • Corner Lot: Yes

Parking

  • 6 Car Garage

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 2003
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 153 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4097.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Lot Description:Corner Lot: Yes
  • Utilities Attached:Telephone Line: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 169900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Garages: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Size Sq Ft: 20196.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4097.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Jul 13, 2018
Sold by
Krumm David S
Bought by
Rcamp Properties Llc
Seller's Agent
Cathy Anastor
Five Star Real Estate (Casc) - I
Buyer's Agent
Jason May
Bellabay Realty LLC
List Price
$169,900
Sold Price
$158,700
Premium/Discount to List
-$11,200
-6.59%
Current Estimated Value
$279,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,654
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Sep 7, 1999
Bought by
Krumm David S
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 Buyer Sale Price Title Company
Rcamp Properties Llc $158,700 None Available
Krumm David S $14,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krumm Davis S $14,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2018 07/13/18 Sold $158,700 -6.6% $77 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $169,900 -- $82 / Sq Ft
Source: Southwestern Michigan Association 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 $11,263 $121,200 $0 $0
2024 $11,263 $132,800 $0 $0
2023 $5,322 $107,700 $0 $0
2022 $5,322 $107,700 $0 $0
2021 $5,291 $101,400 $0 $0
2020 $5,380 $103,400 $0 $0
2019 $5,261 $100,900 $0 $0
2018 $4,098 $83,300 $8,000 $75,300
2017 $4,098 $83,300 $0 $0
2016 -- $89,500 $0 $0
2015 -- $78,500 $0 $0
2014 -- $78,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18026726

Southwestern Michigan Association of REALTORS®

APN: 43-216-011-00