NOT LISTED FOR SALE

309 Green St Algonac, MI 48001

Estimated Value: $219,000 - $351,000

8 Beds
4 Baths
3,008 Sq Ft
$98/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $150,000 $50 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,990/month

168 Days on Market

Highlights

  • Fenced Yard
  • Porch
  • 3-minute walk to Algonac City Park
  • Balcony
  • Forced Air Heating System

About This Home

As of June 2018

This is the investment property that you have been looking for. You will have great positive cash flow from day one. The owner is also selling the 7 unit complex next door. Both buildings are very well maintained and fully occupied. The owner has had both buildings inspected by the city every 2 years.

Last Agent to Sell the Property

David Klaft

Keller Williams Realty Lakeside License #MISPE-6502335423 Listed on: 10/11/2017

Keller Williams Realty Lakeside

Last Buyer's Agent

Harry Lee

EXP Realty LLC License #RCO-6501376856

EXP Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

Year Built

  • Built in 1998

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 85x60
  • Fenced Yard

Parking

  • 3 Car Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater
  • Internet Available

Community Details

  • 4 Units
  • Village Of Algonac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-105-0442-000

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,588

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: Apartment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1998
  • Mail City: Algonac
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven, Refrigerator
  • Basement Type: Block
  • Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 3008

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Fenced Yard, Porch, Sidewalks, Exterior Balcony
  • Frontage: 85
  • Foundation Type: Crawl
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 01-105-0442-000
  • Location: Subdivision
  • Lot Dimensions: 85x60
  • Acreage: 0.12
  • Lot Description: Sidewalks
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $3,429.28
  • Winter Tax: Year: 2016, Amount: $159.09
  • Total Tax: Amount: $3,588.37

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Algonac Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
Jun 18, 2018
Sold by
Pastoria Equities Llc
Bought by
Benjamin Dilo
Seller's Agent
David Klaft
Keller Williams Realty Lakeside
Buyer's Agent
Harry Lee
EXP Realty LLC
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Total Days on Market
168
Current Estimated Value
$293,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,887
Avg. Annual Appreciation
10.18%
Original Mortgage
$112,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2017
Closed on
May 18, 2018
Sold by
Pastoria Equities Llc
Bought by
Benjamin Dilo
Seller's Agent
David Klaft
Keller Williams Realty Lakeside
Buyer's Agent
Harry Lee
EXP Realty LLC
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2015
Sold by
Lucido Eda
Bought by
Pastoria Equities Llc

Purchase Details

Closed on
May 30, 2014
Sold by
Pastoria David
Bought by
Lucido Eda

Purchase Details

Closed on
Feb 23, 2012
Sold by
Pastoria Equities Llc
Bought by
Pastoria David
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
Benjamin Dilo $150,000 Greater Macomb Title Agency
Pastoria Equities Llc -- None Listed On Document
Benjamin Dilo $150,000 Greater Macomb Title Agency
Pastoria Equities Llc -- None Listed On Document
Pastoria Equities Llc $133 --
Lucido Eda -- None Available
Pastoria David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benjamin Dilo $117,500
Closed Benjamin Dilo $112,500
Closed Benjamin Dilo $112,500
Previous Owner Pastoria David $317,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $150,000 -6.2% $50 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $159,900 +6.6% $53 / Sq Ft
12/14/2017 12/14/17 Off Market $150,000 -- --
11/20/2017 11/20/17 Price Changed $159,900 -5.9% $53 / Sq Ft
11/17/2017 11/17/17 For Sale $169,900 0.0% $56 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
11/02/2017 11/02/17 For Sale $169,900 0.0% $56 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
10/25/2017 10/25/17 Price Changed $169,900 -5.6% $56 / Sq Ft
10/11/2017 10/11/17 For Sale $179,900 -- $60 / Sq Ft
Source: Michigan Multiple Listing Service

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
2024 $4,079 $87,100 $0 $0
2023 $3,766 $80,000 $0 $0
2022 $3,785 $69,800 $0 $0
2021 $3,679 $64,100 $0 $0
2020 $3,682 $60,200 $12,500 $47,700
2019 $3,612 $51,600 $0 $0
2018 $3,720 $52,300 $0 $0
2017 $3,583 $54,200 $0 $0
2016 $3,537 $54,200 $0 $0
2015 -- $49,200 $12,500 $36,700
2014 -- $43,600 $12,500 $31,100
2013 -- $42,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Klaft

    Seller's Agent in 2018

    David Klaft

    Keller Williams Realty Lakeside

    (586) 685-3283

    96 Total Sales

    David Klaft
    Section Image
  • Harry Lee

    Buyer's Agent in 2018

    Harry Lee

    EXP Realty LLC

    (248) 360-6800

    81 Total Sales

    Harry Lee
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31333006

Michigan Multiple Listing Service

APN: 01-105-0442-000

Michigan St. Clair County Algonac 48001

309 Green St, Algonac, MI

This home is located at 309 Green St, Algonac, MI 48001 since 11 October 2017 and is currently estimated at $293,887, approximately $97 per square foot. This property was built in 1998. 309 Green St is a home located in St. Clair County with nearby schools including Algonac Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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