NOT LISTED FOR SALE

275 5th Ave Manistee, MI 49660

Estimated Value: $200,000 - $215,000

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold May 02, 2016

Last sale price $47,900

Est. 335% increase in value since last sale

Current estimated payment $1,341/month

215 Days on Market

Highlights

  • Main Floor Bedroom
  • Accessible Kitchen
  • Wood Siding
  • Roll Under Sink
  • Forced Air Heating System
  • Doors are 36 inches wide or more

About This Home

As of May 2016

Income Property with Great Rental History!! 2 Units!

Last Agent to Sell the Property

Dale Smith

LIGHTHOUSE REALTY-Manistee License #6501284515 Listed on: 09/18/2015

Last Buyer's Agent

Chris Diebel

Dwelling Realty - KW Northern Michigan License #6506046691

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,920

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Accessible Home Design

  • Roll Under Sink
  • Accessible Kitchen
  • Doors are 36 inches wide or more

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Connected
  • Cable TV Available

Additional Features

  • Main Floor Bedroom
  • Basement Fills Entire Space Under The House
  • 3,920 Sq Ft Lot
  • Mineral Rights Excluded

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection
  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 3,920
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3000.0
  • Tax Info:Zoning3: residential
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Mineral Rights:No: Yes
  • Accessibility Feat:Accessible Kitchen Sink: Yes
  • Accessibility Feat:_three_6 Inch Entrance Doo: Yes
  • Accessibility Feat:Accessible Mn Flr Be: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Accessible Kitchen, 36 Inch Entrance Doo, Accessible Mn Flr Be, Accessible Mn Flr Fu
  • Basement: Basement

Exterior Features

  • Construction Materials: Wood Siding, Block
  • List Price: 52500.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Public Water, Public Sewer, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas
  • Tenant Pays: Trash Collection

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3000.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
May 2, 2016
Sold by
Hubbard James E & J R Trust
Bought by
Papadogiannis Mark
Seller's Agent
Dale Smith
LIGHTHOUSE REALTY-Manistee
Buyer's Agent
Chris Diebel
Dwelling Realty - KW Northern Michigan
List Price
$57,000
Sold Price
$47,900
Premium/Discount to List
-$9,100
-15.96%
Current Estimated Value
$208,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,471
Avg. Annual Appreciation
16.91%

Purchase Details

Closed on
Nov 1, 2001
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
Papadogiannis Mark $47,900 --
-- $67,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $47,900 -16.0% --
04/20/2016 04/20/16 Pending -- -- --
09/18/2015 09/18/15 For Sale $57,000 -- --
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 $2,835 $88,900 $0 $0
2024 $1,596 $80,100 $0 $0
2023 $1,536 $64,000 $0 $0
2022 $2,530 $59,700 $59,700 $0
2021 $2,460 $49,800 $49,800 $0
2020 $2,328 $44,300 $44,300 $0
2019 $2,297 $40,300 $40,300 $0
2018 $2,251 $37,600 $37,600 $0
2017 $2,353 $39,300 $39,300 $0
2016 $1,315 $40,300 $40,300 $0
2015 -- $38,400 $38,400 $0
2014 -- $35,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15004072

Southwestern Michigan Association of REALTORS®

APN: 51-211-102-11