NOT LISTED FOR SALE

312 Rock St Negaunee, MI 49866

Estimated Value: $120,000 - $258,000

4 Beds
2 Baths
1,724 Sq Ft
$110/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $135,000 $78 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,008/month

8 Days on Market

Highlights

  • Deck
  • 3 Car Detached Garage
  • Forced Air Heating System
  • Lakeview Elementary School Rated A-

About This Home

As of December 2023

Investment opportunity in a great location. Close to schools, parks, restaurants and churches. Long term tenants. This is an up & down apartment setup with one full bath and two bedrooms in each unit. Both units have laundry. The lower has a garage and basement access. The upstairs unit has a private laundry setup, walkup attic for storage as well as the garage at the back.

Last Agent to Sell the Property

Fran Sevegney

RE/MAX 1ST REALTY License #UPAR-6501343111 Listed on: 11/27/2023

RE/MAX 1ST REALTY

Last Buyer's Agent

Fran Sevegney

RE/MAX 1ST REALTY License #UPAR-6501343111 Listed on: 11/27/2023

RE/MAX 1ST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1895

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x130

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement
  • Stone Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Lighted Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

  • 2 Units
  • Pioneer Iron Co 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-53-030-052-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Conventional Frame
  • Total Tax Amount: 3093
  • Total Tax Year: 2022
  • Year Built: 1895
  • Mail City: Negaunee
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator
  • Basement: Yes
  • Basement Type: Stone, Poured
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1724

Exterior Features

  • Construction: Aluminum, Vinyl Siding
  • Exterior Features: Deck
  • Frontage: 50
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Garage Type: Additional Garage(s), Detached Garage
  • Garage Spaces: 3
  • Parking: 2 Spaces, Lighted

Utilities

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

Lot Info

  • Assessor Parcel Number: 52-53-030-052-00
  • Location: Main Street
  • Lot Dimensions: 50x130
  • Acreage: 0.14
  • Lot Description: Platted
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes, Trash Removal, Water/Sewer, Electric, Gas
  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,871.00
  • Winter Tax: Year: 2022, Amount: $1,222.00
  • Total Tax: Year: 2022, Amount: $3,093.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Negaunee Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Dec 20, 2023
Sold by
Miller Shirley
Bought by
Av Rental Properties 6 Llc
Seller's Agent
Fran Sevegney
RE/MAX 1ST REALTY
Buyer's Agent
Fran Sevegney
RE/MAX 1ST REALTY
List Price
$144,900
Sold Price
$135,000
Premium/Discount to List
-$9,900
-6.83%
Views
24
Current Estimated Value
$189,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,904
Avg. Annual Appreciation
21.13%
Original Mortgage
$135,000
Interest Rate
7.5%
Mortgage Type
New Conventional
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
Av Rental Properties 6 Llc $135,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Av Rental Properties 6 Llc $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $135,000 -6.8% $78 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $144,900 -- $84 / Sq Ft
Source: Upper Peninsula 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
2025 $27 $85,800 $0 $0
2024 $27 $72,150 $0 $0
2023 $2,039 $69,000 $0 $0
2022 $3,093 $60,150 $0 $0
2021 $3,000 $60,150 $0 $0
2020 $2,931 $60,150 $0 $0
2019 $2,878 $58,200 $0 $0
2018 $2,830 $57,700 $0 $0
2017 $2,781 $57,850 $0 $0
2016 $2,742 $55,950 $0 $0
2015 -- $55,950 $0 $0
2014 -- $52,500 $0 $0
2012 -- $49,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50128657

Upper Peninsula Association of REALTORS®

APN: 52-53-030-052-00