NOT LISTED FOR SALE

323 W Emerson St Ithaca, MI 48847

Estimated Value: $78,000 - $97,000

-- Bed
-- Bath
1,500 Sq Ft
$58/Sq Ft Est. Value

Last Sold December 13, 2024

Last sale price $85,000 $57 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $549/month

9 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Ithaca High School Rated 9+
  • 1-Story Property

About This Home

As of December 2024

Income-Producing Side-by-Side Duplex for Sale This fully remodeled duplex is a great investment opportunity! Both units are 2-bedroom, 1-bath and come with stable, income-producing tenancy. Unit #1: Rent is $675/month. Tenant pays Gas and Electric. Owner covers water. Unit #2: Rent is $650/month. Tenant pays Gas and Electric. Owner covers water. A new metal roof was installed in 2020, adding durability and low maintenance costs for years to come. This property is perfect for investors looking for reliable rental income. Don’t miss this chance to own an updated, income-producing property!

Last Agent to Sell the Property

Micah Kemler

43 NORTH REALTY License #6502426111 Listed on: 11/06/2024

Last Buyer's Agent

Konner Vedrode

43 NORTH REALTY License #6501458042

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 1954

Lot Details

  • 0.48 Acre Lot
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Stove

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,130

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (Side X Side)
  • Style: 1 Story
  • Estimated Year Built: 1954
  • Construction: Block
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1954
  • Year Renovated: 2023

Interior Features

  • Appliances Equipment: Refrigerator, Blinds, Natural Gas Water Heater
  • Range: R 3W
  • Total Finished Sf Apx: 1500

Exterior Features

  • Exterior Finish: Block
  • Foundation: Slab
  • Number Of Acres: 0.48
  • Road: Public Maintained, Blacktop
  • Roof: Metal

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Municipal
  • Heating Cooling Type: Forced Air
  • Fireplace And Stoves: Stove

Lot Info

  • Lot Dimensions: IRREGULAR
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Multi-Family

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 586.19
  • Total Taxes: 1129.66
  • Winter Taxes: 543.47
  • Year Winter: 2023

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Ithaca Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Dec 13, 2024
Sold by
Ckw Property Management Llc
Bought by
Wood Properties Llc
Seller's Agent
Micah Kemler
43 NORTH REALTY
Buyer's Agent
Konner Vedrode
43 NORTH REALTY
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%
Views
21
Current Estimated Value
$86,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,862
Avg. Annual Appreciation
2.13%

Purchase Details

Closed on
Sep 13, 2019
Sold by
Kemler Micah
Bought by
Ckw Property Management Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wood Properties Llc $85,000 --
Ckw Property Management Llc -- Alma Abstract & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $85,000 -4.5% $57 / Sq Ft
11/06/2024 11/06/24 For Sale $89,000 -- $59 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $1,130 $34,400 $0 $0
2024 $1,130 $32,600 $0 $0
2023 $607 $31,500 $0 $0
2022 $607 $40,300 $0 $0
2021 $607 $35,300 $0 $0
2020 -- $35,100 $0 $0
2019 -- $33,900 $0 $0
2018 -- $26,000 $0 $0
2017 -- $40,700 $0 $0
2016 -- $42,100 $0 $0
2015 -- $41,100 $0 $0
2014 -- $38,400 $0 $0
2013 -- $37,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1928850

Northern Great Lakes REALTORS® MLS

APN: 52-709-010-00