NOT LISTED FOR SALE

306 Elm St Trenton, MI 48183

Estimated Value: $232,054 - $289,000

3 Beds
3 Baths
1,554 Sq Ft
$164/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $202,000 $130 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,721/month

21 Days on Market

Highlights

  • 0.3 Acre Lot
  • Ceiling Fan
  • Dogs and Cats Allowed
  • Colonial Architecture
  • Hot Water Heating System

About This Home

As of November 2022

Location Location Location!!! Close to downtown Trenton (1 block) shops, restaurants, post office, city hall, churches, Detroit river and Elizabeth Park. All 3 units are occupied (long term tenants) with month to month leases at below market value *Excellent investment opportunity. *Double lot
Seller to provide Certificate of Occupancy!

Last Agent to Sell the Property

Josie Watkowski

Real Estate One-Trenton License #6501224822 Listed on: 09/22/2022

Real Estate One-Trenton

Last Buyer's Agent

Sonny Harris

3Sixty5 Realty License #6501412810

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1890

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 98.00 x 134.00

Home Design

  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 1,554 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Crawl Space

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 54014030314000

Community Details

Overview

  • 3 Units
  • Assr's Trenton Plat No 3 Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,164

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 1 1/2 Story
  • Year Built: 1890
  • State Equalized Value: 74700.0000
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Sq Ft Combined: 1554
  • Total Sq Ft: 1554

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 98
  • Road Frontage Type: Paved
  • Sideof Street: SW

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Hot Water, Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Trenton

Lot Info

  • Lot Size Area: 0.30
  • Lot Dimensions: 98.00 x 134.00
  • Parcel Number: 54014030314000
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water
  • Monthly Rental Income: 1825

Tax Info

  • Tax Amount Summer: 2686.0000
  • Tax Amount Winter: 1478.0000
  • Total Tax: 4164.0000
  • Taxable Value: 55581.0000

Multi Family

  • Gross Scheduled Income: 21900.00
  • Number Of Units Total: 3
  • Number of One Bedroom Units: 3
  • Number Of Units Leased: 3

MLS Schools

  • School District: Trenton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Nov 22, 2022
Sold by
Harbor Six Reserve Llc
Bought by
Martinez John
Seller's Agent
Josie Watkowski
Real Estate One-Trenton
Buyer's Agent
Sonny Harris
3Sixty5 Realty
List Price
$224,900
Sold Price
$202,000
Premium/Discount to List
-$22,900
-10.18%
Views
31
Current Estimated Value
$255,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,514
Avg. Annual Appreciation
8.53%
Original Mortgage
$202,000
Outstanding Balance
$195,337
Interest Rate
6.61%
Estimated Equity
$60,177

Purchase Details

Listed on
Jul 7, 2021
Closed on
Sep 29, 2021
Sold by
Neubecker Thomas E and Neubecker Suzanne M
Bought by
Harbor Six Reserve Llc
Seller's Agent
Perry Rue
Real Estate One-Milford
Buyer's Agent
Josie Watkowski
Real Estate One-Trenton
List Price
$175,000
Sold Price
$168,000
Premium/Discount to List
-$7,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.38%

Purchase Details

Closed on
May 21, 2015
Sold by
Neubecker Thomas E and Neubecker Suzanne M
Bought by
Neubecker Thomas E Neubecker and Neubecker Suzanne M
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
Martinez John $202,000 First American Title
Harbor Six Reserve Llc $168,000 Capital Title Ins Agcy Inc
Harbor Six Reserve Llc $168,000 Capital Title
Neubecker Thomas E Neubecker -- Attorney
Neubecker Thomas E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez John $202,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2022 11/22/22 Sold $202,000 -10.2% $130 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $224,900 +33.9% $145 / Sq Ft
09/29/2021 09/29/21 Sold $168,000 -4.0% $108 / Sq Ft View Prior Sale
09/06/2021 09/06/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $175,000 0.0% $113 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $175,000 -- $113 / Sq Ft
Source: Realcomp

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 $4,330 $106,600 $0 $0
2024 $4,330 $98,000 $0 $0
2023 $4,030 $87,900 $0 $0
2022 $6,098 $80,400 $0 $0
2021 $4,164 $74,700 $0 $0
2020 $4,109 $69,300 $0 $0
2019 $4,032 $63,600 $0 $0
2018 $2,519 $60,200 $0 $0
2017 $2,589 $58,100 $0 $0
2016 $3,617 $56,700 $0 $0
2015 $5,084 $53,000 $0 $0
2013 $4,925 $51,700 $0 $0
2012 $3,352 $48,800 $14,200 $34,600
Source: Public Records

Agents Affiliated with this Home

  • Josie Watkowski

    Seller's Agent in 2022

    Josie Watkowski

    Real Estate One-Trenton

    (734) 558-0226

    48 in this area

    111 Total Sales

    Josie Watkowski
    Section Image
  • Sonny Harris

    Buyer's Agent in 2022

    Sonny Harris

    3Sixty5 Realty

    (313) 680-0500

    4 in this area

    60 Total Sales

    Sonny Harris
    Section Image
  • Perry Rue

    Seller's Agent in 2021

    Perry Rue

    Real Estate One

    (248) 520-6100

    1 in this area

    56 Total Sales

    Perry Rue
    Section Image
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Map

Source: Realcomp

MLS Number: 20221040879

Realcomp

APN: 54-014-03-0314-000

Michigan Wayne County Trenton 48183

306 Elm St, Trenton, MI

This home is located at 306 Elm St, Trenton, MI 48183 since 22 September 2022 and is currently estimated at $255,514, approximately $164 per square foot. This property was built in 1890. 306 Elm St is a home located in Wayne County with nearby schools including Jesse L. Anderson Elementary School, Boyd W. Arthurs Middle School, and Trenton High School.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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