NOT LISTED FOR SALE

318 E Nelson St Cadillac, MI 49601

Estimated Value: $155,000 - $203,000

4 Beds
3 Baths
1,878 Sq Ft
$95/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $70,500 $38 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,101/month

58 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Fireplace
  • Contemporary Architecture
  • Fenced Yard
  • Attached Garage

About This Home

As of May 2016

RENTAL BUILDING #1 $425 #2 $550 and #3 $550 Total income $1525 Month. three blocks from down town Cadillac. The property has off road parking one car garage, 197' chain link fence, 12x12 deck, and has been well maintained.

Last Agent to Sell the Property

Chuck Helmka

ERA Greater North Properties License #6501319261 Listed on: 03/10/2016

Last Buyer's Agent

William Heydenberk

REMAX Central License #6502363328

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,904

Year Built

  • Built in 1870

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 59x144
  • Fenced Yard
  • The community has rules related to zoning restrictions

Parking

  • Attached Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,878 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Basement Storage
  • Fire and Smoke Detector
  • Oven or Range
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • Mitchell's Revised Plat Community

Listing and Financial Details

  • Rent includes trash removal, water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,904

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: 2 Residences / 1 Lot
  • Style: 2 Story, Apartment, Contemporary
  • Estimated Year Built: 1870
  • Construction: Frame
  • Section Number: 3
  • Year Updated: 2006
  • Percent Of Remodel: 30
  • Year Renovated: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1870

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Natural Gas Water Heater, Smoke Alarms
  • Interior Amenities: Laundry Hook-Up, Storage Space
  • Price Per Sq Ft: 37.54
  • Range: R 9W
  • Total Finished Sf Apx: 1878

Exterior Features

  • Exterior Features: Deck, Sidewalk, Fenced Yard, Covered Porch
  • Exterior Finish: Vinyl Siding
  • Foundation: Poured Concrete
  • Number Of Acres: 0.2
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: One Car, Attached, Concrete Floors

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Municipal
  • Heating Cooling Type: Forced Air, Wall
  • Fireplace And Stoves: Fireplace

Association/Amenities

  • Development Name: Mitchell's Revised Plat

Schools

  • School District: Cadillac Area Public Schools

Lot Info

  • Lot Number: 4
  • Lot Dimensions: 59X144
  • Zoning Use Restrictions: Residential

Rental Info

  • Included In Lease: Trash Removal, Water, Sewer

Tax Info

  • Taxable Value: 31483

Multi Family

  • Total Number Units: 3

MLS Schools

  • School District: Cadillac Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
May 31, 2016
Sold by
Mongar Tonya Jean
Bought by
Franklin Neal L
Seller's Agent
Chuck Helmka
ERA Greater North Properties
Buyer's Agent
William Heydenberk
REMAX Central
List Price
$79,900
Sold Price
$70,500
Premium/Discount to List
-$9,400
-11.76%
Total Days on Market
58
Current Estimated Value
$177,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,006
Avg. Annual Appreciation
10.90%

Purchase Details

Listed on
Mar 10, 2016
Closed on
May 23, 2016
Sold by
Ghent Laura and Smit Laura Lee
Bought by
Mongar Tonya Jean
Seller's Agent
Chuck Helmka
ERA Greater North Properties
Buyer's Agent
William Heydenberk
REMAX Central
List Price
$79,900
Sold Price
$70,500
Premium/Discount to List
-$9,400
-11.76%

Purchase Details

Closed on
Jul 27, 2009
Sold by
Jpmorgan Cahse Bank
Bought by
Mongar Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,534
Interest Rate
5.38%
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
Franklin Neal L -- None Available
Mongar Tonya Jean -- None Available
Mongar Tonya $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mongar Tonya $3,534
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $70,500 -11.8% $38 / Sq Ft
05/07/2016 05/07/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $79,900 -- $43 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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
2024 $1,904 $64,800 $0 $0
2023 $2,703 $55,900 $0 $0
2022 $2,703 $51,000 $0 $0
2021 $2,633 $49,200 $0 $0
2020 $2,605 $41,600 $0 $0
2019 $2,563 $40,300 $0 $0
2018 -- $42,800 $0 $0
2017 -- $38,000 $0 $0
2016 -- $36,600 $0 $0
2015 -- $35,100 $0 $0
2013 -- $30,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1812743

Northern Great Lakes REALTORS® MLS

APN: 10-086-00-465-00