NOT LISTED FOR SALE

311 Smith St Crystal, MI 48818

Estimated Value: $804,041

Studio
-- Bath
-- Sq Ft
1.52 Acres Lot

Sale Details

Date Sold: June 11, 2024

Last sale price $750,000

Est. 7% increase in value since last sale

Current estimated payment $5,027 / mo

10 Days on Market

About This Home

As of June 2024

6, 2 bedroom townhouse style apartments and 8, 1 bedroom apartments with indoor common entrance. 14 total units. Laundry facilities on site. Value add, 2 units need remodeled, 1 unit needs rented. Strong CAP rate as is. Call broker for more details.

Last Agent to Sell the Property

Ryan Kelley

NuCon Realty, LLC License #6502425964 Listed on: 04/13/2024

Co-Listed By

Dontay Robertson

NuCon Realty, LLC License #6501402052

Last Buyer's Agent

Darin Elliott

Greenridge Realty (Ionia)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,349

Lot Details

  • 1.52

Parking

  • 30 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Connected
  • Well
  • Septic Tank

Additional Features

  • Stepless Entry
  • 1.52 Acre Lot

Listing and Financial Details

  • Tenant pays for electric, water, trash, sewer, gas
  • The owner pays for trash collection, water, sewer, gas

Community Details

Overview

  • 2 Buildings
  • 14 Units

Amenities

  • Laundry Facilities

Recreation

  • Recreational Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,349

Lot Details

1.52 Acres

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Unknown
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 14
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Source:Natural Gas3: Yes
  • Heat Type:Radiant: Yes
  • Substructure:Slab: Yes
  • Accessibility Feat:No Step Entrance: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Upper Level: Yes
  • Laundry Features Common Area: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: No Step Entrance
  • Basement: Slab
  • Basement: No
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 820450.0
  • Lot Features: Recreational
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 30.0
  • General Property Info:Total Parking Spaces: 30.0

Utilities

  • Heating: Radiant
  • Heating: Yes
  • Laundry Features: Common Area, In Unit, Laundry Room, Upper Level
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected, Electricity Connected
  • Water Source: Well
  • Water Well: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Acres: 1.52
  • Lot Size Area: 1.52
  • Lot Dimensions: Unknown
  • Lot Size Sq Ft: 65993.0
  • Zoning Description: Res

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer, Gas
  • Tenant Pays: Electric, Water, Trash, Sewer, Gas

Multi Family

  • Number of Units Total: 14

Tax Info

  • Tax Annual Amount: 8349.09
  • Tax Year: 2023

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

Closed on
Aug 28, 2020
Sold by
Bought by
Current Estimated Value
$804,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Outstanding Balance
$485,870
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2012
Sold by
Bought by

Purchase Details

Closed on
May 15, 2007
Sold by
Bought by
Source: Public Records
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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
$420,000 None Available
$120,000 --
-- --
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 $547,500
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
06/11/2024 06/11/24 Sold $750,000 -8.6% --
04/23/2024 04/23/24 Pending -- -- --
04/13/2024 04/13/24 For Sale $820,450 -- --
Source: MichRIC

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
2025 $8,316 $243,700 $0 $0
2024 $7,928 $219,900 $0 $0
2023 -- $181,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24017496

MichRIC

APN: 005-009-019-10

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