NOT LISTED FOR SALE

298 E Main St Dundee, MI 48131

Estimated Value: $252,388 - $313,000

-- Bed
-- Bath
1,944 Sq Ft
$144/Sq Ft Est. Value

Last Sold May 22, 2014

Last sale price $45,000 $23 Per Sq Ft

Est. 521% increase in value since last sale

Current estimated payment $1,632/month

55 Days on Market

Highlights

  • Access To Lake
  • Central Air
  • 4-minute walk to Memorial Bandstand
  • Attached Garage
  • Private Entrance

About This Home

As of May 2014

Multiple offers. Highest & Best due by 3/7/14 5PM EST. Investment opportunity. Duplex in Dundee with 2 units--both are currently occupied. Downstairs: spacious 3BR, 1.5BA. Upstairs: 1BR, 1BA. Both units have large decks on back of the house with River Raisin views. Require at least 24 hour notice for showings. No showings before 4PM.

Last Agent to Sell the Property

Robin Heath

Key Realty One LLC - Summerfield License #MCAR-6506048066 Listed on: 01/09/2014

Key Realty One LLC - Summerfield

Last Buyer's Agent

Nancy Duffey

Monroe Real Estate - Monroe License #MCAR-6501283099

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • Lot Dimensions are 74.25x320
  • Private Entrance

Parking

  • Attached Garage

Home Design

  • Duplex

Schools

  • Dundee Elementary School
  • Dundee High School

Utilities

  • Central Air
  • Boiler Heating System
  • Electric Water Heater

Additional Features

  • Oven or Range
  • Access To Lake
  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 42 040 477 00

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Year Built: 1912
  • Mail City: Dundee
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Estimated Sq Ft: 1944

Exterior Features

  • Construction: Aluminum
  • Water Features: Lake/River Access, Association Access, Water View
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Attached Garage
  • Parking: Garage

Utilities

  • Water: Public Water
  • Water Heater: Electric
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Boiler
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Private Entry

Schools

  • Elementary School: DUNDEE
  • High School: DUNDEE

Lot Info

  • Assessor Parcel Number: 42 040 477 00
  • Lot Dimensions: 74.25x320

Rental Info

  • Landlord Pays: Taxes

Tax Info

  • Summer Tax: Amount: $2,340.00
  • Winter Tax: Amount: $564.00
  • Total Tax: Amount: $2,904.00

Multi Family

  • Total Units: 2

MLS Schools

  • Elementary School: DUNDEE
  • School District: Dundee Community Schools
  • HighSchool: DUNDEE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2014
Closed on
May 22, 2014
Sold by
Owens James E and Owens Mary Anne L
Bought by
N L J A M Llc
Seller's Agent
Robin Heath
Key Realty One LLC - Summerfield
Buyer's Agent
Nancy Duffey
Monroe Real Estate - Monroe
List Price
$59,900
Sold Price
$45,000
Premium/Discount to List
-$14,900
-24.87%
Total Days on Market
55
Current Estimated Value
$279,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,597
Avg. Annual Appreciation
18.34%
Original Mortgage
$36,000
Interest Rate
4.13%
Mortgage Type
Future Advance Clause Open End Mortgage
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
N L J A M Llc $45,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed N L J A M Llc $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2014 05/22/14 Sold $45,000 -24.9% $23 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $59,900 -- $31 / Sq Ft
Source: Michigan Multiple Listing Service

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
2024 $1,770 $133,890 $0 $0
2023 $862 $105,170 $0 $0
2022 $1,493 $105,170 $0 $0
2021 $4,066 $101,640 $0 $0
2020 $3,936 $70,090 $0 $0
2019 $1,399 $70,090 $0 $0
2018 $3,778 $72,160 $0 $0
2017 $3,638 $72,160 $0 $0
2016 $2,974 $66,760 $0 $0
2015 $2,959 $55,800 $0 $0
2014 $2,953 $55,800 $0 $0
2013 $2,739 $54,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 20390005

Michigan Multiple Listing Service

APN: 42-040-477-00