$102,000
SOLD DEC 22, 2021

311 Cypress St Manistee, MI 49660

-- Bed
-- Bath
-- Sq Ft
4,092 Sq Ft Lot

Recently Sold

11% Below List Price

104 Days on Market

About This Home

As of May 2022

Opportunity to purchase a wonderful Investment property in the City of Manistee. This duplex has been very well maintained & always rented. Vinyl sided & newer roof, many updates. Currently occupied, 309 has 10 months left on a lease at $600/month. 311 is Month to Month $600 with renter wanting to stay. Both sides have off street parking and basement usage. 309 Has a new furnace, W&D hookup, 2 bedrooms up with 1 Bath down. 311 has an updated Kitchen with Laundry room off Kitchen, Full Bathrooms on each level, Large Living Room, 2 Bedrooms & Office on 2nd Floor. Renters pay Gas & Electric, Owner pays Water & garbage. Multi-Units in this condition are rare. Call to schedule. 24 hours for renters.

Last Agent to Sell the Property

Virginia Pelton

CENTURY 21 Northland License #6501323236

CENTURY 21 Northland

Last Buyer's Agent

Leah Gannon

LIGHTHOUSE REALTY-Manistee License #6501400112

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,852

Year Built

  • Built in 1900

Lot Details

  • 4,092 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, sewer, gas
  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,852

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

  • List Price: 109000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4092.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1852.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 3, 2022
Sold by
Alleman Sheina
Bought by
311 Cypress Owner Llc
Seller's Agent
Leah Gannon
LIGHTHOUSE REALTY-Manistee
Buyer's Agent
Jermaine Sullivan
Dwelling Realty - KW Northern Michigan
List Price
$125,000
Sold Price
$127,500
Premium/Discount to List
$2,500
2%
Total Days on Market
104
Current Estimated Value
$149,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,744
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Dec 1, 1997

Map

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 Type Sale Price Title Company
Deed $127,500 --
Warranty Deed $16,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2022 05/03/22 Sold $127,500 +2.0% --
03/23/2022 03/23/22 For Sale $125,000 +22.5% --
12/22/2021 12/22/21 Sold $102,000 -10.5% --
07/02/2021 07/02/21 For Sale $114,000 -- --
Source: Southwestern Michigan Association of REALTORS®

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 $2,371 $72,700 $0 $0
2023 $2,282 $64,100 $0 $0
2022 $3,540 $57,500 $57,500 $0
2021 $1,958 $44,200 $44,200 $0
2020 $1,852 $40,400 $40,400 $0
2019 $1,828 $39,600 $39,600 $0
2018 $1,791 $34,300 $34,300 $0
2017 $1,754 $32,600 $32,600 $0
2016 $1,050 $29,200 $29,200 $0
2015 -- $30,200 $30,200 $0
2014 -- $28,500 $0 $0
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21025841

Southwestern Michigan Association of REALTORS®

APN: 51-538-702-08