NOT LISTED FOR SALE

305 E Chapin St Cadillac, MI 49601

Estimated Value: $66,000 - $165,000

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold January 12, 2024

Last sale price $45,000

Est. 169% increase in value since last sale

Current estimated payment $761/month

47 Days on Market

Highlights

  • 2 Fireplaces
  • Level Lot
  • Wood Siding
  • Forced Air Heating System

About This Home

As of January 2024

This 2 unit duplex located perfectly in growing downtown Cadillac. Walking distance from downtown shops, restaurants and Lake Cadillac. Will need a good renovation, but perfect location to build equity as property sits just adjacent to Cadillacs Historical District.

Units are currently occupied please do not disturb tenants and contact agent for any questions. CIty certified until 10/21/2024. Listing agent has shared ownership in property.

Last Agent to Sell the Property

Cole Strange

Edison Brokers & Co LLC License #6501453711 Listed on: 11/28/2023

Co-Listed By

David Jackson

Edison Brokers & Co LLC License #6502432337

Last Buyer's Agent

David Jackson

Edison Brokers & Co LLC License #6502432337

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 45 x 144
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units
  • Mitchells Rev Subdivision

Listing and Financial Details

  • The owner pays for trash collection, electricity, water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 45 x 144
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3550.0
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • 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
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Location Property Info:Subdivision2: Mitchells Rev
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding, Aluminum Siding
  • List Price: 54900.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 45 x 144
  • Lot Size Sq Ft: 6534.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3550.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Jan 12, 2024
Sold by
Black Hawk Homes Llc
Bought by
Borntreger Perry F and Borntreger Sarah A
Seller's Agent
Cole Strange
Edison Brokers & Co LLC
Buyer's Agent
David Jackson
Edison Brokers & Co LLC
List Price
$68,900
Sold Price
$45,000
Premium/Discount to List
-$23,900
-34.69%
Views
36
Current Estimated Value
$121,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,200
Avg. Annual Appreciation
75.03%
Source: Public Records

Range of Values:

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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
Borntreger Perry F $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2024 01/12/24 Sold $45,000 -18.0% --
12/10/2023 12/10/23 Pending -- -- --
12/05/2023 12/05/23 Price Changed $54,900 -20.3% --
11/28/2023 11/28/23 For Sale $68,900 0.0% --
11/26/2023 11/26/23 Pending -- -- --
11/24/2023 11/24/23 For Sale $68,900 0.0% --
11/16/2023 11/16/23 Pending -- -- --
11/16/2023 11/16/23 Price Changed $68,900 -8.0% --
10/24/2023 10/24/23 For Sale $74,900 +66.4% --
03/05/2021 03/05/21 Sold $45,000 -47.7% -- View Prior Sale
02/17/2021 02/17/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $86,000 -- --
Source: Southwestern Michigan Association of REALTORS®

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 $3,866 $65,200 $0 $0
2024 $2,501 $65,900 $0 $0
2023 $3,550 $61,300 $0 $0
2022 $3,550 $55,700 $0 $0
2021 $2,352 $53,600 $0 $0
2020 $2,328 $37,200 $0 $0
2019 $2,290 $35,500 $0 $0
2018 -- $38,100 $0 $0
2017 -- $38,900 $0 $0
2016 -- $38,500 $0 $0
2015 -- $37,900 $0 $0
2013 -- $32,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Cole Strange

    Edison Brokers & Co LLC

    (616) 439-1190

    4 Total Sales

    Cole Strange
    Section Image

  • D

    Seller Co-Listing Agent in 2024

    David Jackson

    Edison Brokers & Co LLC

    (616) 528-0124

    39 Total Sales

    David Jackson
    Section Image

  • J

    Seller's Agent in 2021

    James Newhouse

    Ensley Real Estate- I

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23139465

Southwestern Michigan Association of REALTORS®

APN: 10-086-00-425-00

Michigan Wexford County Cadillac 49601

305 E Chapin St, Cadillac, MI

This home is located at 305 E Chapin St, Cadillac, MI 49601 since 28 November 2023 and is currently estimated at $121,200. This property was built in 1900. 305 E Chapin St is a home located in Wexford County with nearby schools including Franklin Elementary School, Cadillac Junior High School, and Mackinaw Trail Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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