NOT LISTED FOR SALE

322 5th Ave Manistee, MI 49660

Estimated Value: $166,622 - $236,000

-- Bed
-- Bath
-- Sq Ft
0.28 Acres

Last Sold June 14, 2021

Last sale price $117,500

Est. 74% increase in value since last sale

Current estimated payment $1,454/month

19 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding

About This Home

As of June 2021

Less than 1 mile from the 5th Avenue Beach of Lake Michigan. Close to parks, shopping, dining, and public transportation. Large 2,388 sq. ft. 2 unit duplex located on two lots with extra yard space or area for additional out building(s). This duplex has a lower level 2 bedroom, 1 bath unit with off street parking, front and side decks and original hardwood floors. The upper level unit offers two bedrooms, 1 bath a large living and dining room as well as hardwood floors. Both units have great rental history. Rental history and income available to qualified prospects. Updated roof, electrical panels, & furnaces. All appointments require a minimum 24-48hrs notice. Sale subject to the rights of all tenants. Priced at approximately $53.39 per sq. ft.!!! Needs T.L.C/Work. Investment Opportunity

Last Agent to Sell the Property

Therran Ferguson

Essential Real Estate License #6502429562 Listed on: 05/03/2021

Last Buyer's Agent

Nonmember Agent

Non Member

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,401

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot

Parking

  • 1 Parking Space

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,401

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 127500.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Sq Ft: 11979.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2401.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 14, 2021
Sold by
Therran Holdings Llc
Bought by
Overdier Michael and Overdier Roxana
Seller's Agent
Therran Ferguson
Essential Real Estate
Buyer's Agent
Nonmember Agent
Non Member
List Price
$132,500
Sold Price
$117,500
Premium/Discount to List
-$15,000
-11.32%
Current Estimated Value
$204,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,906
Avg. Annual Appreciation
13.74%

Purchase Details

Closed on
Dec 1, 1998
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
Overdier Michael $117,500 --
-- $107,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $117,500 -11.3% --
05/22/2021 05/22/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $132,500 -- --
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 $4,442 $96,900 $0 $0
2024 $2,501 $87,200 $0 $0
2023 $2,407 $70,700 $0 $0
2022 $3,965 $64,400 $64,400 $0
2021 $2,489 $57,600 $57,600 $0
2020 $2,355 $53,500 $53,500 $0
2019 $2,324 $49,700 $49,700 $0
2018 $2,277 $46,100 $46,100 $0
2017 $2,231 $44,800 $44,800 $0
2016 $1,335 $45,500 $45,500 $0
2015 -- $40,100 $40,100 $0
2014 -- $37,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21015167

Southwestern Michigan Association of REALTORS®

APN: 51-274-719-07