NOT LISTED FOR SALE

321 Elizabeth St Parma, MI 49269

Estimated Value: $174,000 - $266,000

Studio
4 Baths
1,700 Sq Ft
$124/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2020

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

Est. 69% increase in value since last sale

Current estimated payment $1,555 / mo

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

  • Apartment

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 electricity, gas, trash collection
  • 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

Apartment

Est. Annual Taxes

$3,010

Year Built

Built in 1992

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1992
  • 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 Features: Other
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Heating: Forced Air, Space Heater
  • Heating: Yes
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 132x66

Rental Info

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

Multi Family

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

Tax Info

  • Tax Annual Amount: 3010.04
  • Tax Year: 2020

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

Closed on
Jun 10, 2021
Sold by
Bought by
Current Estimated Value
$211,461

Purchase Details

Listed on
Oct 14, 2020
Closed on
Nov 30, 2020
Sold by
Bought by
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
10.03%
Original Mortgage
$91,875
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 1993
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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
-- None Available
$122,500 Midstate Title Agency Of
-- Prism Title & Closing Servic
-- Prism Title & Closing Servic
$3,000 None Available
$30,000 --
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
Previous Owner $91,875
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
11/30/2020 11/30/20 Sold $125,000 -- $74 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
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
2025 $4,971 $89,800 $0 $0
2024 $28 $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

    226 Total Sales

    Tim Creech
    Section Image

  • T

    Buyer's Agent in 2020

    TIMOTHY CREECH

    Five Star Real Estate

See All Agents

Map

Source: MichRIC

MLS Number: 21034658

MichRIC

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

Michigan Jackson County Parma 49269

321 Elizabeth St, Parma, MI

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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