NOT LISTED FOR SALE

30615 Martindale Rd New Hudson, MI 48165

16 Beds
15 Baths
9,182 Sq Ft
3 Acres

Last Sold September 30, 2022

Last sale price $980,000 $107 Per Sq Ft

9 Days on Market

Highlights

  • 3 Acre Lot
  • Patio
  • Laundry Facilities
  • Kent Lake Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of September 2022

Incredible opportunity to own 8 townhome apartments in Lyon Township. Extremely well maintained and 100% leased, this income opportunity is truly turnkey. What makes it even better is that there is room to build another 4 unit building on the property. Many of the tenants are long term and would like to stay. Each unit has laundry and no shared utilities or mechanicals (except the well) – all separate water heaters, furnace/ac and tenants pay their own utilities. The property is currently on well and septic with municipal water and sewer available at the road. Very nice private, quite setting yet close to I-96 and downtown South Lyon. DO NOT GO ONTO THE PROPERTY OR APPROACH THE TENANTS.

Last Agent to Sell the Property

Joe Barnwell

KW Realty Livingston License #6501327499 Listed on: 07/20/2022

KW Realty Livingston

Last Buyer's Agent

Mickal Gabler

Keller Williams First License #RCO-6501339221

Keller Williams First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1978

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 1307x870x1312x939

Home Design

  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 9,182 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Parking

  • 23 Parking Spaces
  • Paved Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 2105252024
  • $15,000 Seller Concession

Community Details

Overview

  • 8 Units
  • Twin Pines Condo Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,244

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Townhouse
  • Architecture Level: 1 1/2 Story
  • Year Built: 1978
  • State Equalized Value: 316490.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 8.70
  • Full Bathrooms: 8
  • Half Bathrooms: 7
  • Sq Ft Combined: 9182
  • Total Sq Ft: 9182

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl, Slab
  • Construction Materials: Wood
  • Frontage Feet: 1307
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

  • MF Parking: Paved
  • Total Parking Spaces: 23

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing), Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing), Water at Street
  • Laundry Facilities: Yes

Schools

  • School District: South Lyon

Lot Info

  • Lot Size Area: 3.00
  • Lot Dimensions: 1307x870x1312x939
  • Parcel Number: 2105252024
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Snow Removal, Trash Collection (Garbage Pickup), Yard Maintenance
  • Monthly Rental Income: 7720

Tax Info

  • Tax Amount Summer: 11122.0000
  • Tax Amount Winter: 2122.0000
  • Total Tax: 13244.0000
  • Taxable Value: 280010.0000

Multi Family

  • Gross Scheduled Income: 92640.00
  • Number Of Units Total: 8
  • Unit Count: 2
  • Number of Two Bedroom Units: 8
  • Number Of Units Leased: 8

MLS Schools

  • School District: South Lyon

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $980,000 +12.0% $107 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $875,000 -- $95 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20221020964

Realcomp