J
Seller's Agent in 2019
Jermaine Sullivan
CENTURY 21 Northland
276 11th St Manistee, MI 49660
Estimated Value: $133,000 - $178,000
Studio
--
Bath
--
Sq Ft
4,356
Sq Ft Lot
About This Home
As of December 2019Great Investment Opportunity!! CAP RATE is 16%. This two unit home is very low maintenance with a good rental history. The lower unit is one bedroom one bath with a nice size kitchen and dining room. The upper unit is also a one bedroom one bath with a room off of the bathroom that could be used as nice size closet. Both units have access to the basement for storage and a large backyard. Within a block of stores, school and parks. Both units have separate meters for gas and electric and owner currently pays the water. If a two unit is not for you this home can easily be converted back to a large single family home!
Last Agent to Sell the Property
Jermaine Sullivan
CENTURY 21 Northland License #6501365101 Listed on: 10/01/2019
Property Details
Home Type
- Apartment
Year Built
- Built in 1900
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 32x133
- Level Lot
Home Design
- Composition Roof
- Vinyl Siding
Basement
- Walk-Out Basement
- Michigan Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Phone Connected
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2019
Closed on
Dec 30, 2019
Sold by
Jay Cutter
Bought by
Trucks Scott
Seller's Agent
Jermaine Sullivan
CENTURY 21 Northland
Buyer's Agent
Jermaine Sullivan
Dwelling Realty - KW Northern Michigan
List Price
$54,900
Sold Price
$40,000
Premium/Discount to List
-$14,900
-27.14%
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
$111,477
Avg. Annual Appreciation
24.17%
Purchase Details
Closed on
Feb 1, 2004
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trucks Scott | $40,000 | -- | |
| -- | $35,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/30/2019 12/30/19 | Sold | $40,000 | -27.1% | -- |
| 12/16/2019 12/16/19 | Pending | -- | -- | -- |
| 10/01/2019 10/01/19 | For Sale | $54,900 | -- | -- |
Source: MichRIC
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 | $1,111 | $50,900 | $0 | $0 |
| 2024 | $11 | $45,500 | $0 | $0 |
| 2023 | $1,045 | $40,000 | $0 | $0 |
| 2022 | $1,722 | $38,000 | $38,000 | $0 |
| 2021 | $1,674 | $29,200 | $29,200 | $0 |
| 2020 | $1,584 | $26,700 | $26,700 | $0 |
| 2019 | $1,257 | $26,200 | $26,200 | $0 |
| 2018 | $1,232 | $24,300 | $24,300 | $0 |
| 2017 | $1,206 | $22,500 | $22,500 | $0 |
| 2016 | $722 | $20,000 | $20,000 | $0 |
| 2015 | -- | $20,700 | $20,700 | $0 |
| 2014 | -- | $19,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MichRIC
MLS Number: 19036079
APN: 51-662-706-03
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Information is deemed reliable but not guaranteed.
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