NOT LISTED FOR SALE

305 Northbound Gratiot Ave Mount Clemens, MI 48043

Estimated Value: $202,000 - $231,814

4 Beds
2 Baths
2,020 Sq Ft
$108/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $58,000 $29 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $1,627/month

278 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Forced Air Heating System
  • Main Floor Bedroom
  • Fireplace

About This Home

As of May 2018

With all major updates completed this multi-family unit is the perfect investment property! Beautiful original hardwood floors covers the large family room and extends throughout the home, and also features original natural fireplace, and large windows. Enjoy gathering in the spacious kitchen that leads into the two large bedrooms and full bath. Follow the grand staircase up to the second unit that has been freshly painted, and features original crown molding, tons of space for storage, and laminate flooring in the kitchen. Updates include:newer furnace, water heaters, garage door, and electrical box replaced with breakers. *Immediate Occupancy

Last Agent to Sell the Property

Jonathon Winter

EXP Realty LLC License #MISPE-6501400986 Listed on: 06/20/2017

EXP Realty LLC

Last Buyer's Agent

Todd McNulty

Arterra Realty Michigan LLC License #MISPE-6506047684

Arterra Realty Michigan LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 55x108

Parking

  • 1 Car Garage

Home Design

  • Victorian Architecture

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 05-11-11-280-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Victorian
  • Total Tax Amount: 3058
  • Total Tax Year: 2016
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Range/Oven
  • Fireplace: Yes
  • Fireplace Features: Famroom Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Sub Room Description: Family Room, First Floor Bedroom
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 2020

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Sidewalks
  • Foundation Type: Basement
  • Roads: Curbed, Paved Street

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Water: Public Water
  • 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

Lot Info

  • Assessor Parcel Number: 05-11-11-280-003
  • Location: Subdivision
  • Lot Dimensions: 55x108
  • Acreage: 0.14
  • Lot Description: Sidewalks
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $2,997.00
  • Winter Tax: Year: 2016, Amount: $61.00
  • Total Tax: Year: 2016, Amount: $3,058.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Mt Clemens Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2017
Closed on
Apr 27, 2018
Sold by
Ferrante Carmelo and Ferrante Mary
Bought by
Yuan Zhaokan
Seller's Agent
Jonathon Winter
EXP Realty LLC
Buyer's Agent
Todd McNulty
Arterra Realty Michigan LLC
List Price
$82,900
Sold Price
$58,000
Premium/Discount to List
-$24,900
-30.04%
Current Estimated Value
$219,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,145
Avg. Annual Appreciation
19.44%
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
Yuan Zhaokan $58,000 Cislo Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanconant Karly Jo $175,757
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $58,000 -27.4% $29 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
10/30/2017 10/30/17 Price Changed $79,900 -3.6% $40 / Sq Ft
09/14/2017 09/14/17 Price Changed $82,900 0.0% $41 / Sq Ft
09/14/2017 09/14/17 For Sale $82,900 +42.9% $41 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
08/08/2017 08/08/17 Off Market $58,000 -- --
07/26/2017 07/26/17 Price Changed $84,900 0.0% $42 / Sq Ft
07/26/2017 07/26/17 For Sale $84,900 -5.6% $42 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $89,900 -- $45 / 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 $5,118 $106,700 $0 $0
2024 $4,981 $97,900 $0 $0
2023 $4,764 $85,900 $0 $0
2022 $3,373 $71,600 $0 $0
2021 $3,406 $65,400 $0 $0
2020 $3,127 $63,100 $0 $0
2019 $3,216 $55,100 $0 $0
2018 $2,408 $49,700 $0 $0
2017 $3,073 $45,095 $4,317 $40,778
2016 $3,058 $45,095 $0 $0
2015 $3,316 $40,597 $0 $0
2013 -- $37,181 $4,084 $33,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31323091

Michigan Multiple Listing Service

APN: 05-11-11-280-003