NOT LISTED FOR SALE

293 Avenue C Springfield, MI 49037

Estimated Value: $255,557 - $305,000

-- Bed
-- Bath
-- Sq Ft
9,452 Sq Ft Lot

Last Sold June 13, 2017

Last sale price $30,000

Est. 858% increase in value since last sale

Current estimated payment $2,017/month

79 Days on Market

About This Home

As of June 2017

This property has two buildings. The front building is a four unit and the back building is a two unit. There is also a garage. There is potential for a nice rental income with modifications. There are many issues that must be worked through with the City of Springfield for these buildings to be at their full occupancy. Buyers interested in this property may call Lori Olsen @ (269)317-0996 for more information.

Last Agent to Sell the Property

Lori Olsen

Jaqua REALTORS License #6501298380 Listed on: 02/16/2017

Jaqua REALTORS

Last Buyer's Agent

Terralynn Lake

Sherman Associates, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 9,452 Sq Ft Lot
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Unpaved Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1955
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 1 x 1
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3195.0
  • Tax Info:Zoning3: RM-1-M
  • General Property Info:Total _pound_ Units: 6
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • 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:Natural Gas2: 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
  • Lot Description:Corner Lot: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 30000.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9452.0
  • Zoning Description: RM-1-M
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 3195.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2017
Closed on
Jun 13, 2017
Sold by
Menck Warren and Menck Jamie
Bought by
Portes Katrina
Seller's Agent
Lori Olsen
Jaqua REALTORS
Buyer's Agent
Terralynn Lake
Sherman Associates, LLC
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%
Current Estimated Value
$287,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,389
Avg. Annual Appreciation
30.21%

Purchase Details

Listed on
Feb 16, 2017
Closed on
Jun 12, 2017
Sold by
Portes Katrina
Bought by
Property Recyclers Llc
Seller's Agent
Lori Olsen
Jaqua REALTORS
Buyer's Agent
Terralynn Lake
Sherman Associates, LLC
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%

Purchase Details

Closed on
Sep 1, 2015
Sold by
Menck Warren and Menck Jamie
Bought by
Portes Katrina

Purchase Details

Listed on
May 22, 2013
Closed on
Aug 23, 2013
Sold by
Grise Patrick
Bought by
Menck Warren
Seller's Agent
Scott Harrington
Harrington Real Estate Group
Buyer's Agent
Stephan Haas
At Home Real Estate
List Price
$60,000
Sold Price
$33,000
Premium/Discount to List
-$27,000
-45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.12%

Purchase Details

Listed on
May 22, 2013
Closed on
Aug 22, 2013
Sold by
Grise Charles F and Grise Julie A
Bought by
Grise Patrick
Seller's Agent
Scott Harrington
Harrington Real Estate Group
Buyer's Agent
Stephan Haas
At Home Real Estate
List Price
$60,000
Sold Price
$33,000
Premium/Discount to List
-$27,000
-45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Portes Katrina $50,000 Chicago Title
Property Recyclers Llc $30,000 Chicago Title
Menck Warren $33,000 Chicago Title
Portes Katrina -- None Available
Menck Warren -- None Available
Grise Patrick -- Atty Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2017 06/13/17 Sold $30,000 -14.0% --
05/06/2017 05/06/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $34,900 -30.2% --
07/02/2015 07/02/15 Sold $50,000 -16.5% -- View Prior Sale
05/26/2015 05/26/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $59,900 +81.5% --
08/23/2013 08/23/13 Sold $33,000 -45.0% -- View Prior Sale
08/16/2013 08/16/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $60,000 -- --
Source: MichRIC

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 $6,174 $145,950 $0 $0
2024 $4,140 $145,556 $0 $0
2023 $5,303 $127,300 $0 $0
2022 $3,755 $108,120 $0 $0
2021 $5,017 $89,118 $0 $0
2020 $4,749 $95,662 $0 $0
2019 $6,653 $89,554 $0 $0
2018 $0 $67,423 $7,379 $60,044
2017 $0 $68,314 $0 $0
2016 $0 $49,166 $0 $0
2015 -- $48,333 $0 $0
2014 -- $51,942 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lori Olsen

    Jaqua REALTORS

    Section Image

  • T

    Buyer's Agent in 2017

    Terralynn Lake

    Sherman Associates, LLC

  • Scott Harrington

    Seller's Agent in 2015

    Scott Harrington

    Harrington Real Estate Group

    (269) 420-0197

    7 in this area

    177 Total Sales

    Scott Harrington
    Section Image

  • C

    Buyer's Agent in 2015

    Christopher Brown

    Jaqua REALTORS

  • S

    Buyer's Agent in 2013

    Stephan Haas

    At Home Real Estate

See All Agents

Map

Source: MichRIC

MLS Number: 17005915

MichRIC

APN: 54-160-018-00

Michigan Calhoun County Springfield 49037

293 Avenue C, Springfield, MI

Not Listed for Sale

MultiFamily

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