NOT LISTED FOR SALE

321 Elizabeth St Parma, MI 49269

Estimated Value: $174,000 - $212,000

-- Bed
4 Baths
1,700 Sq Ft
$112/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $125,000 $74 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,334/month

6 Days on Market

About This Home

As of November 2020

Great Income opportunity or live in one side and have the other side pay your mortgage! Excellent, updated duplex with each unit having 2 bedrooms, 1.5 bathrooms, covered porches, patio area, individual driveways, newer carpet and updated kitchens! These extremely easy to rent units will make sure the income keeps flowing. Take advantage of this great chance to either add to your portfolio or get you started! Each unit has its own electric, furnace and water heater. Utilities are all paid by tenants.

Last Agent to Sell the Property

BRYON GOUGH

ERA REARDON - BROOKLYN License #6501366778 Listed on: 10/14/2020

Last Buyer's Agent

Tim Creech

Five Star Real Estate License #6501373671

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,010

Year Built

  • Built in 1992

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 132x66

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Basement

  • Partial Basement

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for trash collection, gas
  • The owner pays for water

Community Details

Overview

  • 2 Units
  • Aldrich Add Subdivision

Building Details

  • Gross Income $17,400
  • Net Operating Income $17,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,010

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1992
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 132x66
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 3010.04
  • Waterfront Options:Water Access YN: No Water Selection
  • General Property Info:Total _pound_ Units: 2
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Gravel: Yes
  • Location Property Info:Subdivision2: Aldrich Add
  • Heat Type:Space Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 119900.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel

Utilities

  • Heating: Space Heater, Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public, Other

Association/Amenities

  • Association Info:Assoc Fee Payable: None

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 132x66
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Gross Income: 17400.0
  • Net Operating Income: 17400.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3010.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2021
Sold by
Rogers Jason R
Bought by
Fyw Llc
Current Estimated Value
$190,639

Purchase Details

Listed on
Oct 14, 2020
Closed on
Nov 30, 2020
Sold by
Hockenberry Steven M and Hockenberry Andrew W
Bought by
Rogers Jason R
Seller's Agent
BRYON GOUGH
ERA REARDON - BROOKLYN
Buyer's Agent
Tim Creech
Five Star Real Estate
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$91,875
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2008
Sold by
Fieldstone Investment Corp
Bought by
Pledged Property Ii Llc

Purchase Details

Closed on
Aug 6, 2007
Sold by
Huestis Ned B and Sprague Mary A
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Apr 1, 1993
Bought by
Sprague
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
Fyw Llc -- None Available
Rogers Jason R $122,500 Midstate Title Agency Of
Pledged Property Ii Llc -- Prism Title & Closing Servic
Fieldstone Investment Corp -- Prism Title & Closing Servic
Hsbc Bank Usa Na $3,000 None Available
Sprague $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rogers Jason R $91,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $125,000 -- $74 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
Source: Southwestern Michigan Association of REALTORS®

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 $3,561 $89,800 $0 $0
2024 $2,831 $81,400 $0 $0
2023 $3,091 $71,500 $0 $0
2022 $3,605 $61,800 $0 $0
2021 $3,826 $65,000 $0 $0
2020 $4,235 $69,600 $0 $0
2019 $2,607 $69,800 $0 $0
2018 $4,209 $67,600 $0 $0
2017 $3,156 $61,100 $0 $0
2016 $1,528 $61,073 $61,073 $0
2015 $2,338 $59,523 $59,523 $0
2014 $2,338 $55,262 $55,262 $0
2013 -- $55,262 $55,262 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    BRYON GOUGH

    ERA REARDON - BROOKLYN

  • Tim Creech

    Buyer's Agent in 2020

    Tim Creech

    Five Star Real Estate

    (517) 612-9735

    263 Total Sales

    Tim Creech
    Section Image

  • T

    Buyer's Agent in 2020

    TIMOTHY CREECH

    Five Star Real Estate

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21034658

Southwestern Michigan Association of REALTORS®

APN: 006-07-31-164-002-00

Michigan Jackson County Parma 49269

321 Elizabeth St, Parma, MI

This home is located at 321 Elizabeth St, Parma, MI 49269 since 14 October 2020 and is currently estimated at $190,639, approximately $112 per square foot. This property was built in 1992. 321 Elizabeth St is a home located in Jackson County with nearby schools including Western High 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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