Seller's Agent in 2021
Therran Ferguson
Essential Real Estate
(231) 510-1790
80 in this area
157 Total Sales
287 2nd Ave Manistee, MI 49660
Estimated Value: $197,000 - $241,826
Studio
--
Bath
--
Sq Ft
5,854
Sq Ft Lot
About This Home
As of September 2021Investment opportunity! This duplex is located in the City of Manistee close (less than 1 mile) to the beautiful beaches of Lake Michigan. Both units have a long rental history. Offers off street parking with a paved driveway, garage and a fenced in yard. Need TLC, but could make a great long term investment or convert back into a single family home. Schedule your tour in advance as both units are currently occupied. Tenants pay their own gas & electric utilities. Upper unit currently rented for $500/month. Lower unit with washer/dryer currently rents for $550.
Last Agent to Sell the Property
Essential Real Estate License #6502429562 Listed on: 06/30/2021
Property Details
Home Type
- Apartment
Year Built
- Built in 1900
Lot Details
- 5,854 Sq Ft Lot
Parking
- 2 Parking Spaces
Home Design
- Composition Roof
Utilities
- Radiant Heating System
- Hot Water Heating System
- 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
Jun 30, 2021
Closed on
Sep 13, 2021
Bought by
Cassar Eric and Grant Lindsey
Seller's Agent
Therran Ferguson
Essential Real Estate
Buyer's Agent
Jermaine Sullivan
Dwelling Realty - KW Northern Michigan
List Price
$115,000
Sold Price
$85,000
Premium/Discount to List
-$30,000
-26.09%
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
$140,957
Avg. Annual Appreciation
25.46%
Purchase Details
Closed on
Dec 5, 2013
Sold by
Poellet James E and Poellet Shirley A
Bought by
Poellet James and Poellet Shirley
Purchase Details
Closed on
Sep 1, 1993
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cassar Eric | $85,000 | -- | |
| Poellet James | -- | -- | |
| -- | $32,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/13/2021 09/13/21 | Sold | $85,000 | -26.1% | -- |
| 06/30/2021 06/30/21 | For Sale | $115,000 | -- | -- |
Source: MichRIC
Tax History Compared to Growth
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 | $3,024 | $113,600 | $0 | $0 |
| 2024 | $30 | $102,300 | $0 | $0 |
| 2023 | $2,844 | $81,900 | $0 | $0 |
| 2022 | $4,686 | $76,100 | $76,100 | $0 |
| 2021 | $2,207 | $64,000 | $64,000 | $0 |
| 2020 | $2,088 | $57,300 | $57,300 | $0 |
| 2019 | $2,061 | $52,400 | $52,400 | $0 |
| 2018 | $2,020 | $47,800 | $47,800 | $0 |
| 2017 | $1,978 | $49,500 | $49,500 | $0 |
| 2016 | $1,184 | $50,800 | $50,800 | $0 |
| 2015 | -- | $48,100 | $48,100 | $0 |
| 2014 | -- | $44,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Therran Ferguson
-
Jermaine Sullivan
Buyer's Agent in 2021
Jermaine Sullivan
Dwelling Realty - KW Northern Michigan
(231) 425-6935
75 in this area
151 Total Sales
Map
Source: MichRIC
MLS Number: 21025280
APN: 51-274-708-07
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