NOT LISTED FOR SALE

307 E Ann St Centreville, MI 49032

Estimated Value: $151,000 - $283,000

-- Bed
-- Bath
-- Sq Ft
0.53 Acres

Last Sold January 24, 2018

Last sale price $140,000

Est. 49% increase in value since last sale

Current estimated payment $1,399/month

121 Days on Market

About This Home

As of January 2018

Single story 3 unit apartment building in Centreville! Units have been cared for and well maintained. Great income producing property with the potential to live in one and rent the others. All units are main level with 2 bedrooms, 1 bath and have full basements. Other properties available, owner will sell individually or as a package.

Last Agent to Sell the Property

Justin Rarick

Berkshire Hathaway HomeServices Michigan Real Estate License #6506043605 Listed on: 08/09/2017

Last Buyer's Agent

Justin Rarick

Five Star Real Estate License #6506043605

Five Star Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,947

Year Built

  • Built in 1990

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 120 x 215 x 130 x 165
  • 130 Feet of Waterfront

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Water Views
  • Basement Fills Entire Space Under The House

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,947

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1990
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 120 x 215 x 130 x 165
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2947.0
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central 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
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 130.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 149000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Water Body Name: Mill Creek
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0
  • Unit 2:Garage5: Yes
  • Unit 3:Garage6: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected

Association/Amenities

  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.53
  • Lot Size Area: 0.53
  • Lot Size Sq Ft: 23086.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2947.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
Jan 23, 2018
Sold by
Ann St Apartments Llc
Bought by
Watson David E and Watson Alice A
Seller's Agent
Justin Rarick
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Justin Rarick
Five Star Real Estate
List Price
$159,000
Sold Price
$140,000
Premium/Discount to List
-$19,000
-11.95%
Current Estimated Value
$208,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,106
Avg. Annual Appreciation
4.60%
Original Mortgage
$70,000
Outstanding Balance
$59,331
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$137,669

Purchase Details

Closed on
Oct 6, 2003
Sold by
Miller Floyd A and Miller Joan W
Bought by
Ann Street Apartments Llc

Purchase Details

Closed on
Jan 1, 1901
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
Watson David E $140,000 Patrick Abstract And Title
Ann Street Apartments Llc -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson David E $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2018 01/24/18 Sold $140,000 -11.9% --
12/08/2017 12/08/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $159,000 -- --
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 $3,177 $84,000 $6,600 $77,400
2024 $1,593 $68,200 $6,600 $61,600
2023 $655 $67,500 $6,400 $61,100
2022 $0 $58,900 $4,200 $54,700
2021 $3,174 $56,800 $4,200 $52,600
2020 $1,450 $58,400 $3,700 $54,700
2019 $3,583 $57,000 $3,200 $53,800
2018 $3,036 $52,900 $3,200 $49,700
2017 $2,962 $53,300 $53,300 $0
2016 -- $49,300 $49,300 $0
2015 -- $54,000 $0 $0
2014 -- $58,300 $58,300 $0
2012 -- $61,400 $61,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17040037

Southwestern Michigan Association of REALTORS®

APN: 042-040-021-00