NOT LISTED FOR SALE

29898 Donna Ln Unit 102 Chesterfield, MI 48047

Estimated Value: $151,000 - $166,000

2 Beds
1.5 Baths
1,120 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $690,000 $616 Per Sq Ft

Current estimated payment $1,113/month

31 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • L'Anse Creuse High School - North Rated 9+
  • Living Room
  • Dogs and Cats Allowed

About This Home

As of July 2024

Investors! Tenant occupied. Portfolio of 5 condominiums, net income $42,000. No showings prior to accepted offer. Tenants unaware of sale. Units are fully occupied with long term tenants. Financial information included with disclosures. Can be sold as one five unit portfolio or individual units. Addresses listed on financial statement. Four are in Chesterfield and one is in Clinton Township.

Last Agent to Sell the Property

Mike Kriss

Century 21 Professionals Clinton License #MISPE-6506041782 Listed on: 04/12/2024

Century 21 Professionals Clinton

Last Buyer's Agent

Brad Saarela

Andrews Realty Group License #6502384643

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 2004

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Living Room
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 150916385102

Community Details

Overview

  • 5 Units
  • The Baywinds Townhomes Condo Subdivision
  • Maintained Community

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed

Building Details

  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,404

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Bungalow, Ranch
  • Total Tax Amount: 3404
  • Year Built: 2004
  • Mail City: Chesterfield Twp
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Bedrooms: 2
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Dining Kitchen: Dining "L", Eat-In Kitchen
  • Sub Room Description: First Floor Bedroom, Living Room
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1120
  • Half Bathrooms: 1

Exterior Features

  • Construction: Brick
  • Exterior Features: Lawn Sprinkler, Sidewalks
  • Foundation Type: Slab
  • Roads: Paved Street, Private Road

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 1
  • Parking: Garage

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Grounds Maintenance, Sidewalks, Pets-Allowed, Some Pet Restrictions, Dogs Allowed, Cats Allowed

Lot Info

  • Assessor Parcel Number: 150916385102
  • Location: Subdivision
  • Lot Description: Platted, Sidewalks
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes
  • Lease Information: Less Than 1 Year, Pets Allowed

Tax Info

  • Summer Tax: Year: 2023, Amount: $2,296.00
  • Winter Tax: Year: 2023, Amount: $1,108.00
  • Taxable Value: 56000
  • Total Tax: Amount: $3,404.00

Multi Family

  • Total Units: 5

MLS Schools

  • School District: L'anse Creuse Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Jun 28, 2024
Sold by
Michael Wayne Graham Revocable Living Tr and Graham Michael Wayne
Bought by
Veerappan Mohhaan Senthil and Veerappan Senthil Sudha
Seller's Agent
Mike Kriss
Century 21 Professionals Clinton
Buyer's Agent
Brad Saarela
Andrews Realty Group
List Price
$710,000
Sold Price
$690,000
Premium/Discount to List
-$20,000
-2.82%
Views
87
Current Estimated Value
$157,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$532,146
Avg. Annual Appreciation
-68.13%
Original Mortgage
$82,500
Outstanding Balance
$81,522
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Estimated Equity
$76,332

Purchase Details

Listed on
Apr 12, 2024
Closed on
Jun 26, 2024
Sold by
Veerappan Mohhaan Senthil and Veerappan Senthil Sudha
Bought by
Vss Property Management Llc
Seller's Agent
Mike Kriss
Century 21 Professionals Clinton
Buyer's Agent
Brad Saarela
Andrews Realty Group
List Price
$710,000
Sold Price
$690,000
Premium/Discount to List
-$20,000
-2.82%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Outstanding Balance
$81,522
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Estimated Equity
$76,332

Purchase Details

Closed on
Mar 31, 2022
Sold by
Rew Donna Lane Llc
Bought by
Michael Wayne Graham Revocable Living Trust

Purchase Details

Listed on
Aug 13, 2019
Closed on
Sep 3, 2019
Sold by
Malone Shirley M
Bought by
Rew Donna Lane Llc
Seller's Agent
Yvonne Zielinski
Epique Inc.
Buyer's Agent
Mike Kriss
Century 21 Professionals Clinton
List Price
$98,000
Sold Price
$95,000
Premium/Discount to List
-$3,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
Oct 1, 2007
Sold by
Palmer Ronald C
Bought by
Malone Shirley M

Purchase Details

Closed on
Mar 24, 2006
Sold by
Homes By Fair Llc
Bought by
Palmer Ronald C
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
Veerappan Mohhaan Senthil $138,000 Title One
Vss Property Management Llc -- None Listed On Document
Michael Wayne Graham Revocable Living Trust $124,000 None Listed On Document
Rew Donna Lane Llc $95,000 Visionary Title Agency Llc
Malone Shirley M $100,500 Greater Macomb Title Agency
Palmer Ronald C $100,000 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vss Property Management Llc $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2024 07/01/24 Sold $690,000 -2.8% $616 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $710,000 0.0% $634 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/26/2024 04/26/24 Price Changed $710,000 -4.1% $634 / Sq Ft
04/12/2024 04/12/24 For Sale $740,000 0.0% $661 / Sq Ft
12/18/2019 12/18/19 Rented $1,050 0.0% --
12/02/2019 12/02/19 For Rent $1,050 0.0% --
09/03/2019 09/03/19 Sold $95,000 -3.1% $85 / Sq Ft View Prior Sale
08/15/2019 08/15/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $98,000 -- $88 / 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
2025 $3,309 $68,300 $0 $0
2024 $2,412 $65,600 $0 $0
2023 $2,296 $56,000 $0 $0
2022 $2,353 $46,500 $0 $0
2021 $2,239 $44,500 $0 $0
2020 $1,755 $42,300 $0 $0
2019 $648 $37,700 $0 $0
2018 $681 $36,400 $6,000 $30,400
2017 $672 $31,950 $6,000 $25,950
2016 $621 $31,950 $0 $0
2015 $210 $23,900 $0 $0
2014 $210 $19,100 $1,750 $17,350
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50138549

Michigan Multiple Listing Service

APN: 15-09-16-385-102