NOT LISTED FOR SALE

309 Duncan Ave Cheboygan, MI 49721

Estimated Value: $160,348 - $199,000

-- Bed
-- Bath
2,150 Sq Ft
$84/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $48,000 $22 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $1,148/month

71 Days on Market

Highlights

  • Wood Frame Window
  • Enclosed Patio or Porch
  • Baseboard Heating

About This Home

As of February 2012

Income opportunity - 2 apartments with 3-bedrooms each. Well kept and partially remodeled.

Last Agent to Sell the Property

Mike Gotham

Re/Max North License #6506034824 Listed on: 12/08/2011

Re/Max North

Last Buyer's Agent

Mike Sherwood

Re/Max North

Re/Max North

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,240

Year Built

  • Built in 1920

Lot Details

  • 6,970

Home Design

  • Frame Construction

Interior Spaces

  • 2,150 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Wood Frame Window

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • East Elementary School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Municipal Utilities District for Water and Sewer

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 50x140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,240

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Electric: Separate
  • Directions: State St to Duncan Ave.
  • Garage Yn: No
  • Lot Size: 50x140
  • Open House Office I D: 20050121235008103731000000
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: MI
  • Building Style: Two Story
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace(s): None
  • Has Basement: Yes
  • Windows: Vinyl, Wood
  • AppliancesAndEquipmt: None
  • BasementSpecifics: Full Basement, Outside Entrance
  • Type Of Business: Income Property
  • Laundry: None
  • Basement Type: Apartments

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Wood
  • Patio Deck: Enclosed Porch

Garage/Parking

  • Garage Type: None

Utilities

  • Water Heater: Gas
  • Cooling System: None
  • Fuel: Natural Gas
  • Heating Air: Baseboard, Natural Gas
  • Sewer: Municipal
  • Hot Water: Municipal

Schools

  • School District: Cheboygan Area
  • Elementary School: East
  • School District: Cheboygan Area
  • Schools Elementary School: East
  • Elem School Dist Number: 309

Rental Info

  • Util Pd By Owner: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2011
Closed on
Feb 21, 2012
Sold by
Northern Michigan Investment Proerties L
Bought by
Cgc Investment Properties Llc
Seller's Agent
Mike Gotham
Re/Max North
Buyer's Agent
Mike Sherwood
Re/Max North
Sold Price
$48,000
Current Estimated Value
$181,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,337
Avg. Annual Appreciation
10.24%
Original Mortgage
$38,499
Outstanding Balance
$26,376
Interest Rate
3.89%
Estimated Equity
$154,961

Purchase Details

Closed on
Dec 18, 2002
Bought by
Dangler Kassandre

Purchase Details

Closed on
Nov 1, 2002
Sold by
Barber Keith
Bought by
First Community Bank

Purchase Details

Closed on
Aug 28, 1998
Sold by
Fairchild Lon W
Bought by
Barber Keith and Barber Melanie

Purchase Details

Closed on
Feb 1, 1995
Bought by
Fairchild Lon W
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
Cgc Investment Properties Llc $48,000 --
Dangler Kassandre $60,000 --
First Community Bank -- --
Barber Keith $61,000 --
Fairchild Lon W $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cgc Investment Properties Llc $38,499
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2012 02/17/12 Sold $48,000 -- $22 / Sq Ft
Source: Water Wonderland Board 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 $2,240 $75,400 $0 $0
2024 $1,820 $63,400 $0 $0
2023 $1,742 $55,200 $0 $0
2022 $1,674 $40,400 $0 $0
2021 $1,941 $37,000 $37,000 $0
2020 $1,921 $36,900 $36,900 $0
2019 $1,875 $34,900 $34,900 $0
2018 $1,829 $34,700 $0 $0
2017 $1,772 $34,600 $0 $0
2016 $1,755 $35,100 $0 $0
2015 -- $32,300 $0 $0
2014 -- $31,300 $0 $0
2012 -- $31,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 276520

Water Wonderland Board of REALTORS®

APN: 052-T54-001-003-00