NOT LISTED FOR SALE

Estimated Value: $184,232

Studio
-- Bath
-- Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: March 8, 2024

Last sale price $155,000

Est. 19% increase in value since last sale

Current estimated payment $1,438 / mo

103 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding
  • 3 Car Garage

About This Home

As of March 2024

3 unit rental investment property located in the City of Charlotte. Unit 1: 2 beds, 1 bath, Unit 2: 1 bed, 1 bath, Unit 3: 1 bed, 1 bath. Detached 3 car garage. All tenants use one stall in garage. Owner pays water/sewer, tenants pay all other utilities and they are all separated. All appliances included. Conveniently located just one block off Main St.

Last Agent to Sell the Property

Art Homer

eXp Realty LLC License #6501374543 Listed on: 10/10/2023

eXp Realty LLC

Co-Listed By

Gavin Homer

eXp Realty LLC License #6501438628

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 68 x 160

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Basement

  • Michigan Basement
  • Crawl Space

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0.25 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 60.84
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 68 x 160
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Mineral Rights:No: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 4469.0
  • Util Avail at Street:High Speed Internet: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • List Price: 154900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0
  • Extras:Garages: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 68 x 160
  • Lot Size Sq Ft: 10890.0

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 4469.0
  • Tax Year: 2022

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 10, 2023
Closed on
Mar 8, 2024
Sold by
Bought by
Seller's Agent
Art Homer
eXp Realty LLC
List Price
$185,000
Sold Price
$155,000
Premium/Discount to List
-$30,000
-16.22%
Views
85
Current Estimated Value
$184,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,232
Avg. Annual Appreciation
7.46%
Original Mortgage
$116,250
Outstanding Balance
$113,307
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$70,925

Purchase Details

Closed on
Jan 18, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 22, 2011
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Charlotte, MI

See All Agents

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
$155,000 Chicago Title
$86,000 Ata National Title Group
$85,000 Ata National Title Group Llc
-- None Available
-- 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 $116,250
Previous Owner $120,000
Previous Owner $68,000
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
03/08/2024 03/08/24 Sold $155,000 +0.1% --
01/21/2024 01/21/24 Pending -- -- --
01/09/2024 01/09/24 Price Changed $154,900 -3.1% --
12/10/2023 12/10/23 Price Changed $159,900 -13.6% --
10/10/2023 10/10/23 For Sale $185,000 -- --
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
2026 $5,110 $78,400 $0 $0
2025 $3,353 $74,600 $0 $0
2024 $3,175 $71,800 $0 $0
2023 $3,001 $66,900 $0 $0
2022 $4,328 $66,100 $0 $0
2021 $4,162 $61,100 $0 $0
2020 $4,054 $62,900 $0 $0
2019 $2,363 $49,973 $0 $0
2018 $2,305 $35,687 $0 $0
2017 $2,424 $37,728 $0 $0
2016 -- $37,711 $0 $0
2015 -- $47,070 $0 $0
2014 -- $48,462 $0 $0
2013 -- $49,361 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 23137638

MichRIC

APN: 200-062-600-090-00

Your Personal Tour Guide

Ask me questions while you tour the home.