NOT LISTED FOR SALE

320 W 2nd St Davison, MI 48423

Estimated Value: $166,000 - $226,000

3 Beds
2 Baths
1,760 Sq Ft
$109/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $120,000 $68 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,266/month

11 Days on Market

Highlights

  • Forced Air Heating System
  • Hill Elementary School Rated A-
  • Ceiling Fan

About This Home

As of February 2022

Nice 2 unit in the city of Davison. This historic home is located in the heart of the City of Davison and is within walking distance of shops, parks, and schools.

Last Listed By

Ron Walczak

RE/MAX Platinum - Grand Blanc License #6501231702 Listed on: 11/29/2021

RE/MAX Platinum - Grand Blanc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1875

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66.00x165.00

Parking

  • Unassigned Parking

Home Design

  • Duplex
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,760 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Assr's Plat City Of Davison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5209526036
  • $1,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 1/2 Story
  • Assessment: 210
  • Year Built: 1875
  • State Equalized Value: 66000.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1760
  • Total Sq Ft: 1760
  • Sq Ft Total Bsmt: 725

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl, Basement
  • Construction Materials: Aluminum
  • Exclusions: Yes
  • Foundation Materials: Block, Stone
  • Frontage Feet: 165
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Davison

Lot Info

  • Lot Size Area: 0.25
  • Lot Dimensions: 66.00X165.00
  • Parcel Number: 5209526036
  • Zoning: Residential

Rental Info

  • Rent Includes: Water/Sewer, Water
  • Monthly Rental Income: 14700

Tax Info

  • Tax Amount Summer: 1658.0000
  • Tax Amount Winter: 1925.0000
  • Total Tax: 3583.0000
  • Taxable Value: 53257.0000

Multi Family

  • Gross Scheduled Income: 12567.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Davison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Feb 1, 2022
Sold by
Leopard & Polarbear Prop Llc
Bought by
Saunders Steven P
Seller's Agent
Ron Walczak
RE/MAX Platinum - Grand Blanc
Buyer's Agent
Ron Walczak
RE/MAX Platinum - Grand Blanc
List Price
$120,000
Sold Price
$120,000
Total Days on Market
11
Current Estimated Value
$191,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,388
Avg. Annual Appreciation
15.20%
Original Mortgage
$96,000
Outstanding Balance
$89,818
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$101,570

Purchase Details

Closed on
May 30, 2018
Sold by
Duncan Kenneth J and Duncan Marilyn
Bought by
Leopard And Polar Bear Properties Llc

Purchase Details

Closed on
Aug 3, 2016
Sold by
Duncan Kenneth J and Duncan Marilyn
Bought by
Leopard & Polarbear Properties Llc

Purchase Details

Closed on
Jul 21, 2000
Sold by
Lehman and Lehman Joyce
Bought by
Duncan Kenneth J and Duncan Marilyn

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
Saunders Steven P $120,000 None Listed On Document
Leopard And Polar Bear Properties Llc $90,000 Mason Burgess Title Agency
Leopard & Polarbear Properties Llc -- Sargents Title Company
Duncan Kenneth J -- Centennial Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saunders Steven P $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $120,000 0.0% $68 / Sq Ft
12/11/2021 12/11/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $120,000 -- $68 / 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
2024 $2,400 $76,500 $0 $0
2023 $2,299 $72,100 $0 $0
2022 $3,381 $68,600 $0 $0
2021 $3,656 $66,000 $0 $0
2020 $1,640 $64,900 $0 $0
2019 $1,618 $60,300 $0 $0
2018 $3,291 $50,400 $0 $0
2017 $3,165 $49,300 $0 $0
2016 $2,236 $46,600 $0 $0
2015 $2,234 $39,300 $0 $0
2012 -- $38,500 $38,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210095250

Realcomp

APN: 52-09-526-036