NOT LISTED FOR SALE

306 N 16th St Escanaba, MI 49829

Estimated Value: $131,000 - $154,233

4 Beds
2 Baths
2,568 Sq Ft
$55/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $122,000 $48 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $885/month

11 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Fenced
  • Porch
  • Ceiling Fan

About This Home

As of May 2023

Great investment opportunity! The lower unit would be ideal for an owner to reside and rent the upper unit for cash flow. This duplex is city certified and consists of an upper and lower unit. Both units are spacious, clean, and move-in ready. Electrical panels have been updated to 100 amp. Newer windows, some new flooring, original woodwork, and functional pocket doors. Lower unit has access to a full basement with laundry hookups. Upper unit does have a 3rd room that is large enough to be a bedroom. Two car detached garage and fenced yard. Walking distance to the Escanaba Junior High.

Last Agent to Sell the Property

Christina King-Caron

UPWARDS REAL ESTATE License #UPAR Listed on: 03/30/2023

Last Buyer's Agent

JACOB HANSEN

PREMIER REAL ESTATE, INC. License #UPAR-6501425809

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Radiant Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • Smith Dunlap Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21-051-360-2930-181-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Conventional Frame
  • Total Tax Amount: 2010.55
  • Total Tax Year: 2022
  • Year Built: 1904
  • Mail City: Escanaba
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block, Full, Outside Entrance
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Dining Kitchen: Eat-In Kitchen
  • Sub Room Description: Entry
  • Half Bathrooms: 2
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Construction: Brick, Stone
  • Exterior Features: Porch, Fence Owned
  • Frontage: 50
  • Foundation Type: Basement
  • Roads: Alley, City/County, Paved Street, Year Round

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Ceiling Fan(s)
  • Fuel Type: Natural Gas
  • Heating System: Forced Air, Radiant
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 21-051-360-2930-181-008
  • Lot Dimensions: 50x140
  • Acreage: 0.16
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Snow Removal, Taxes
  • Total Expenses: 2003.39

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,050.00
  • Winter Tax: Year: 2022, Amount: $960.55
  • Total Tax: Year: 2022, Amount: $2,010.55

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Escanaba Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 15, 2023
Sold by
Elementary Rentals Llc
Bought by
Smith Natasha
Seller's Agent
Christina King-Caron
UPWARDS REAL ESTATE
Buyer's Agent
JACOB HANSEN
PREMIER REAL ESTATE, INC.
List Price
$120,000
Sold Price
$122,000
Premium/Discount to List
$2,000
1.67%
Current Estimated Value
$144,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,893
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Jan 30, 2006
Sold by
Chylek Roger
Bought by
Chylek Nathan and Bruce Tara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Natasha $122,000 --
Chylek Nathan -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2023 05/15/23 Sold $122,000 +1.7% $48 / Sq Ft
03/30/2023 03/30/23 For Sale $120,000 +166.7% $47 / Sq Ft
12/13/2017 12/13/17 Sold $45,000 -30.7% $18 / Sq Ft View Prior Sale
11/06/2017 11/06/17 Pending -- -- --
11/08/2016 11/08/16 For Sale $64,900 -- $26 / Sq Ft
Source: Upper Peninsula 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 $1,506 $52,800 $0 $0
2024 $1,463 $46,300 $0 $0
2023 $1,103 $37,700 $0 $0
2022 $2,011 $33,200 $0 $0
2021 $2,011 $33,300 $0 $0
2020 $2,059 $34,000 $0 $0
2019 $2,016 $33,600 $0 $0
2018 $1,974 $32,900 $0 $0
2017 $1,011 $32,407 $0 $0
2016 $1,971 $33,119 $0 $0
2014 $1,037 $34,477 $0 $0
2013 $1,037 $34,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50104620

Upper Peninsula Association of REALTORS®

APN: 210513602930181008