NOT LISTED FOR SALE

27 Don St Unit 29 Mount Clemens, MI 48043

Estimated Value: $117,000 - $153,502

2 Beds
2 Baths
1,176 Sq Ft
$115/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $122,000 $104 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,001/month

10 Days on Market

Highlights

  • Porch
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of September 2023

Cash-Flowing Side-by-Side Duplex on a Large Lot. Each side features one bedroom. Gross rents amount to $1700/month! Tenants are responsible for all utilities, lawn care, and snow removal. Separate meters are in place for each unit's utilities.

One side currently has a long-term month-to-month tenant paying $800/mo. The other side, recently signed onto a one-year lease, rents at $900/month. All city certifications are up to date. This property represents the ideal low-maintenance asset for any portfolio that meets the 1% rule with ease!

Last Agent to Sell the Property

David Thomas

EXP Realty Romeo License #6501389376 Listed on: 08/29/2023

EXP Realty Romeo

Co-Listed By

Ken Hirschmann

EXP Realty License #6506046502

Last Buyer's Agent

John Hohenstern

Good Company License #6501305230

Good Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1945

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60.00 x 125.00

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,176 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1113155027

Community Details

Overview

  • 2 Units
  • Don M. Dickensons Addition Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,704

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Assessment: 280.00
  • Year Built: 1945
  • State Equalized Value: 36600.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1176
  • Total Sq Ft: 1176

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Porch Type: Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Mount Clemens

Lot Info

  • Lot Size Area: 0.17
  • Lot Dimensions: 60.00 x 125.00
  • Parcel Number: 1113155027
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1700

Tax Info

  • Tax Amount Summer: 2653.0000
  • Tax Amount Winter: 51.0000
  • Total Tax: 2704.0000
  • Taxable Value: 33193.0000

Multi Family

  • Gross Scheduled Income: 20400.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 2

MLS Schools

  • School District: Mount Clemens

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Sep 28, 2023
Sold by
27 And 29 Don Street Llc
Bought by
27 Don St Llc
Seller's Agent
David Thomas
EXP Realty Romeo
Buyer's Agent
John Hohenstern
Good Company
List Price
$120,000
Sold Price
$122,000
Premium/Discount to List
$2,000
1.67%
Views
77
Current Estimated Value
$135,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,126
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Jan 29, 2022
Sold by
Thomas David L
Bought by
27 And 29 Don Street Llc

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jul 24, 2018
Sold by
261 Capital Llc
Bought by
Thomas David L
Seller's Agent
William Frohriep
Century 21 Professionals Clinton
Buyer's Agent
David Thomas
EXP Realty
List Price
$59,900
Sold Price
$60,000
Premium/Discount to List
$100
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%
Original Mortgage
$45,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2004
Sold by
Jackson James A
Bought by
Gray Darren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,200
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 1999
Sold by
Watkins Almera
Bought by
Schubel Denise

Purchase Details

Closed on
Feb 18, 1998
Sold by
Schubel S D
Bought by
Jackson J
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
27 Don St Llc $122,000 None Listed On Document
27 And 29 Don Street Llc -- None Listed On Document
Thomas David L $60,000 Visionary Title Agency Llc
Gray Darren $76,000 Great Lakes Title Of Mi
Schubel Denise $33,000 --
Jackson J $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas David L $45,000
Previous Owner Gray Darren $72,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $122,000 +1.7% $104 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $120,000 0.0% $102 / Sq Ft
03/28/2019 03/28/19 Rented $700 0.0% --
03/11/2019 03/11/19 Under Contract -- -- --
01/25/2019 01/25/19 For Rent $700 0.0% --
07/24/2018 07/24/18 Sold $60,000 +0.2% $51 / Sq Ft View Prior Sale
05/05/2018 05/05/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $59,900 +511.2% $51 / Sq Ft
04/11/2013 04/11/13 Sold $9,800 -60.6% $8 / Sq Ft View Prior Sale
03/20/2013 03/20/13 Pending -- -- --
10/23/2012 10/23/12 For Sale $24,900 -- $19 / 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 $3,414 $41,900 $0 $0
2024 $3,350 $42,100 $0 $0
2023 $2,851 $39,900 $0 $0
2022 $2,704 $36,600 $0 $0
2021 $2,643 $34,800 $0 $0
2020 $2,542 $33,700 $0 $0
2019 $2,503 $31,100 $0 $0
2018 $1,690 $26,800 $0 $0
2017 $1,661 $26,329 $3,560 $22,769
2016 $1,966 $26,329 $0 $0
2015 $1,855 $25,898 $0 $0
2013 -- $23,879 $3,424 $20,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230072679

Realcomp

APN: 05-11-13-155-027