NOT LISTED FOR SALE

321 E Michigan Ave Saline, MI 48176

Estimated Value: $390,000 - $445,000

4 Beds
3 Baths
2,210 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $337,462 $153 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,238/month

81 Days on Market

Highlights

  • Victorian Architecture
  • Patio
  • Forced Air Heating and Cooling System
  • Woodland Meadows Elementary School Rated A-

About This Home

As of October 2021

This Historic Triplex is located just 15 minutes from U of M in the heart of historic downtown Saline. Farmers market, quaint shops and restaurants are within walking distance. Also within a few minutes you will find a local pharmacy and grocery store making this a prime location for anyone wanting to be local and feel at home. Each apartment has updated kitchens and baths. Freshly painted and carpeted. Apartment 1 includes wood flooring and a well lit living and dining area with 2 bedrooms above. Apartment 2 has a large living area, galley kitchen and an equally spacious bedroom above. Apartment 3 has a large eat-in kitchen, bedroom and smaller room used as an office or children's bedroom . All tenants share basement space with a washer and dryer. On site parking is provided for each tenant.

Last Agent to Sell the Property

Justin Tibble

NEXGEN Realty License #6501337919 Listed on: 06/26/2021

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920 | Remodeled in 2002

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 106x129x161x52

Home Design

  • Victorian Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

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

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 181231350014
  • $9,461 Seller Concession

Community Details

Overview

  • 3 Units
  • Assr's Plat No 1 Saline Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,215

Year Built

Built in 1920 | Remodeled in 2002

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Victorian
  • Architecture Level: 2 Story
  • Year Built: 1920
  • State Equalized Value: 114600.0000
  • Year Renovated: 2002
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2710
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 2210
  • Sq Ft Total Bsmt: 500

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 106
  • Porch Type: Patio
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Saline

Lot Info

  • Lot Size Area: 0.24
  • Lot Dimensions: 106x129x161x52
  • Parcel Number: 181231350014
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Snow Removal
  • Monthly Rental Income: 2425

Tax Info

  • Tax Amount Summer: 4888.0000
  • Tax Amount Winter: 327.0000
  • Total Tax: 5215.0000
  • Taxable Value: 84105.0000

Multi Family

  • Number Of Units Total: 3
  • Unit Count: 4
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 3

MLS Schools

  • School District: Saline

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Oct 29, 2021
Sold by
Majo Ricardo Felix De and Mendoza Maria Florencia
Bought by
Rf Rentals Llc
Seller's Agent
Justin Tibble
NEXGEN Realty
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$369,900
Sold Price
$337,462
Premium/Discount to List
-$32,438
-8.77%
Total Days on Market
81
Current Estimated Value
$422,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,295
Avg. Annual Appreciation
6.46%
Original Mortgage
$253,096
Outstanding Balance
$234,019
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$188,738

Purchase Details

Closed on
Jan 25, 2004
Sold by
Leutheuser Roger and Leutheuser Debra A
Bought by
Colatruglio Vincent E and Colatruglio Laurel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 12, 2002
Sold by
Leutheuser Roger
Bought by
Leutheuser Roger and Kofahl Debra A
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
Rf Rentals Llc -- None Available
Majo Ricardo Felix De $337,462 Title One Inc
Colatruglio Vincent E $280,000 Liberty Title Agency
Leutheuser Roger -- Liberty Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Majo Ricardo Felix De $253,096
Previous Owner Colatruglio Vincent E $210,000
Previous Owner Colatrugglio Vincent E $150,669
Previous Owner Colatrugloi Vincent E $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $337,462 -5.4% $153 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/01/2021 09/01/21 Price Changed $356,900 -3.5% $161 / Sq Ft
06/26/2021 06/26/21 For Sale $369,900 -- $167 / 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 $10,385 $162,500 $0 $0
2023 $10,734 $172,800 $0 $0
2022 $10,831 $158,800 $0 $0
2021 $5,782 $151,500 $0 $0
2020 $5,214 $114,600 $0 $0
2019 $5,099 $109,300 $109,300 $0
2018 $4,906 $101,800 $0 $0
2017 $231 $100,400 $0 $0
2016 $5,186 $78,242 $0 $0
2015 -- $78,008 $0 $0
2014 -- $75,571 $0 $0
2013 -- $75,571 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Tibble

    Seller's Agent in 2021

    Justin Tibble

    NEXGEN Realty

    (810) 987-1100

    2 in this area

    761 Total Sales

    Justin Tibble
    Section Image

  • N

    Buyer's Agent in 2021

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2021

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Realcomp

MLS Number: 2210050131

Realcomp

APN: 12-31-350-014

Michigan Washtenaw County Saline 48176

321 E Michigan Ave, Saline, MI

This home is located at 321 E Michigan Ave, Saline, MI 48176 since 26 June 2021 and is currently estimated at $422,757, approximately $191 per square foot. This property was built in 1920. 321 E Michigan Ave is a home located in Washtenaw County with nearby schools including Woodland Meadows Elementary School, Heritage School, and Saline Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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