NOT LISTED FOR SALE

311 S Main St Chesaning, MI 48616

Estimated Value: $153,000 - $196,000

4 Beds
2 Baths
2,379 Sq Ft
$72/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2018

Last sale price $64,900 $27 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,085 / mo

178 Days on Market

Highlights

  • Corner Lot
  • Shed
  • Forced Air Heating System
  • Porch

About This Home

As of May 2018

Large two unit investment property. The lower is currently rented for $500/mth. Upper is rented for $490/mth. Tenants would like to stay, upper has short term lease. Many updates including freshly painted exterior, newer roof (2012), water heaters (2014 and 2004), furnaces and vinyl windows within the last 5 years. Owner pays for water, tenants pay for gas and electric. Owners currently maintain lawn and snow removal.

Last Agent to Sell the Property

Julie Williams

Real Estate One Great Lakes Bay License #SBR-6502417056 Listed on: 10/27/2017

Real Estate One Great Lakes Bay

Last Buyer's Agent

Non Member

NON MEMBER License #MONT

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 22,216 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Michigan Basement
  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Shed
  • Porch

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 13093151530000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0.51 Acres

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Duplex, Investment
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Sub Structure Types: Shed
  • Total Tax Amount: 1655.81
  • Total Tax Year: 2017
  • Year Built: 1920
  • Mail City: Chesaning
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Sump Pump
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: MI Basement, Outside Entrance
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Sub Room Description: First Floor Laundry
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Construction: Aluminum, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Type: Basement, Crawl, Slab

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
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 13093151530000
  • Location: Main Street, Corner Lot
  • Lot Dimensions: 224x201 irregular
  • Acreage: 0.51
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Snow Removal, Taxes, Trash Removal, Water/Sewer

Tax Info

  • Summer Tax: Year: 2017, Amount: $306.99
  • Winter Tax: Year: 2016, Amount: $724.78
  • Total Tax: Year: 2017, Amount: $1,655.81
  • Village Tax: 624.04

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Chesaning Union Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
May 24, 2018
Sold by
Bought by
Seller's Agent
Julie Williams
Real Estate One Great Lakes Bay
Buyer's Agent
Non Member
NON MEMBER
List Price
$74,900
Sold Price
$64,900
Premium/Discount to List
-$10,000
-13.35%
Current Estimated Value
$172,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,234
Avg. Annual Appreciation
12.65%
Original Mortgage
$6,300
Outstanding Balance
$5,332
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$166,802

Purchase Details

Closed on
Feb 21, 2017
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$64,900 --
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $6,300
Open $51,920
Closed $6,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/24/2018 05/24/18 Sold $64,900 0.0% $27 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
01/26/2018 01/26/18 Price Changed $64,900 -7.2% $27 / Sq Ft
12/05/2017 12/05/17 Price Changed $69,900 -6.7% $29 / Sq Ft
10/27/2017 10/27/17 For Sale $74,900 -- $31 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,679 $89,300 $0 $0
2025 $1,679 $82,200 $0 $0
2024 $1,640 $72,100 $0 $0
2023 $1,552 $61,700 $0 $0
2022 $3,041 $54,100 $0 $0
2021 $2,856 $47,400 $0 $0
2020 $2,807 $46,000 $0 $0
2019 $2,716 $44,200 $4,600 $39,600
2018 $944 $40,200 $0 $0
2017 $1,658 $39,700 $0 $0
2016 $1,644 $39,000 $0 $0
2014 -- $32,800 $0 $0
2013 -- $32,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31334245

Michigan Multiple Listing Service

APN: 13-09-3-15-1530-000

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