NOT LISTED FOR SALE

315 Northbound Gratiot Ave Mount Clemens, MI 48043

Estimated Value: $199,000 - $239,000

4 Beds
4 Baths
2,210 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 03, 2013

Last sale price $89,500 $40 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,573/month

28 Days on Market

About This Home

As of July 2013

Income property. Tenant occupied. Gross income $2,000 a month. Tenant to pay all utilities. Month to month lease.

Last Agent to Sell the Property

Tony Drewek

Temporary Inactive Users License #6501196621 Listed on: 05/22/2013

Temporary Inactive Users

Last Buyer's Agent

John Hohenstern

Good Company License #6501305230

Good Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 57 x 150

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 2,210 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Scott's Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1112154001

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Sq Ft Combined: 2210
  • Total Sq Ft: 2210

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Mount Clemens

Lot Info

  • List Price per Acre: 626316.0000
  • Lot Size Area: 0.19
  • Lot Dimensions: 57 X 150
  • Parcel Number: 1112154001
  • Zone Conform: Yes
  • Zoning: Residential
  • Homestead Percent: 0 Percent
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2000

Tax Info

  • Tax Amount Summer: 2927.0000
  • Tax Amount Winter: 44.0000
  • Total Tax: 2971.0000

Multi Family

  • Gross Scheduled Income: 24000.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Mount Clemens

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2013
Closed on
Jul 1, 2013
Sold by
Jeffron Inc
Bought by
315 Nb Gratiot Llc
Seller's Agent
Tony Drewek
Temporary Inactive Users
Buyer's Agent
John Hohenstern
Good Company
List Price
$119,000
Sold Price
$89,500
Premium/Discount to List
-$29,500
-24.79%
Current Estimated Value
$227,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,235
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Sep 22, 2008
Sold by
Trombly Ned
Bought by
Jeffron Inc

Purchase Details

Closed on
Feb 16, 2007
Sold by
Hernandez Jennifer
Bought by
Tcf National Bank

Purchase Details

Closed on
Dec 19, 1997
Sold by
Graham C C
Bought by
Hughes D
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
315 Nb Gratiot Llc $89,500 First American Title Ins Co
Jeffron Inc -- First American Title Insuran
Jeffron Inc -- None Available
Tcf National Bank $118,723 None Available
Hughes D $80,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2013 07/03/13 Sold $89,500 -24.8% $40 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $119,000 -- $54 / Sq Ft
Source: Realcomp

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 $4,437 $111,700 $0 $0
2024 $4,359 $102,600 $0 $0
2023 $4,207 $90,200 $0 $0
2022 $3,953 $75,400 $0 $0
2021 $3,867 $69,000 $0 $0
2020 $3,726 $66,400 $0 $0
2019 $3,671 $57,900 $0 $0
2018 $3,603 $52,000 $0 $0
2017 $3,542 $47,216 $5,227 $41,989
2016 $3,526 $47,216 $0 $0
2015 $3,213 $42,546 $0 $0
2013 -- $39,068 $4,944 $34,124
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213049170

Realcomp

APN: 05-11-12-154-001