NOT LISTED FOR SALE

311 & 313 N Simon St Cadillac, MI 49601

Estimated Value: $87,318 - $163,000

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold September 08, 2021

Last sale price $65,000

Est. 114% increase in value since last sale

Current estimated payment $911/month

85 Days on Market

About This Home

As of September 2021

2 Homes for the price of 1! The Large Brick Colonial style home has 4 Bedrooms and 2 Bathrooms, already set up to rent as two units (2Bed/1Bath) on each floor, each unit has its own kitchen. The brick home has hardwood floors and a charming turn of the century feel. The Blue home out back is set up with 2 bedrooms up stairs and additional room on the main level that could be used as a bedroom. This property could be a 3 unit income producing investment. Seller is selling ''As Is''. Land Contract Terms Available - $15,000 Down, over 36 months @ 8% interest and $500/month.

Last Agent to Sell the Property

Daniel Michell

Backwoods Realty Company, LLC License #6501403200 Listed on: 07/05/2021

Last Buyer's Agent

Nonmember Agent

Non Member

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Sewer Not Available

Community Details

  • 2 Buildings
  • 3 Units

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 66900.0
  • Number of Buildings: 2
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: None
  • Utilities: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2274.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Sep 7, 2021
Sold by
Schankin Greg B
Bought by
Willis Darik
Seller's Agent
Daniel Michell
Backwoods Realty Company, LLC
Buyer's Agent
Nonmember Agent
Non Member
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Total Days on Market
85
Current Estimated Value
$139,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,330
Avg. Annual Appreciation
24.09%

Purchase Details

Closed on
Sep 5, 2017
Sold by
Wexford County Treasurer
Bought by
Schankin Greg B
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
Schankin Greg B -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $65,000 -13.3% --
06/01/2021 06/01/21 For Sale $75,000 -- --
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
2024 $2,056 $56,700 $0 $0
2023 $2,919 $51,200 $0 $0
2022 $2,919 $45,800 $0 $0
2021 $2,321 $43,300 $0 $0
2020 $2,297 $38,800 $0 $0
2019 $2,259 $36,900 $0 $0
2018 -- $34,200 $0 $0
2017 -- $34,600 $0 $0
2016 -- $33,300 $0 $0
2015 -- $31,900 $0 $0
2013 -- $25,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21020062

Southwestern Michigan Association of REALTORS®

APN: 10-086-00-401-00