NOT LISTED FOR SALE

324 N Madison St Marshall, MI 49068

Estimated Value: $233,000 - $307,000

3 Beds
2 Baths
-- Sq Ft
0.34 Acres

Last Sold August 21, 2015

Last sale price $96,000

Est. 188% increase in value since last sale

Current estimated payment $2,031/month

136 Days on Market

Highlights

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

About This Home

As of August 2015

www.mattdavishomes.com. FLEXIBILITY. A great location, deep lot and a nice upstairs unit defines this 2 unit property in Marshall. The main floor unit, where the owner lived, is fixer upper material. The upstairs rental unit is in very good shape and rented for 7 years by same tenant. Pays before due each month. This could continue as a great investment property, or be converted back to a single family home. Nice front porch, back 3 seasons room and 1 car detached garage. Lots to admire here, and with some hard work this property could be a gem. Priced at appraised value. Location is close to everything; Downtown, Hospital, Franke Center for Arts, Library, Schools and more.

Last Agent to Sell the Property

Matt Davis

Real Estate One Rosemary Davis License #6502412014 Listed on: 01/12/2015

Real Estate One Rosemary Davis

Last Buyer's Agent

Matt Davis

Real Estate One Rosemary Davis License #6502412014 Listed on: 01/12/2015

Real Estate One Rosemary Davis

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 74' x 198'

Parking

  • 5 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 74' x 198'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3225.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 99900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3225.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2015
Closed on
Aug 13, 2015
Sold by
Degraw David J and Estate Of Harold E Thomas
Bought by
Gilbert Christopher and Gilbert Karen
Seller's Agent
Matt Davis
Real Estate One Rosemary Davis
Buyer's Agent
Matt Davis
Real Estate One Rosemary Davis
List Price
$115,000
Sold Price
$96,000
Premium/Discount to List
-$19,000
-16.52%
Current Estimated Value
$276,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,937
Avg. Annual Appreciation
11.08%
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
Gilbert Christopher $96,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $96,000 -16.5% --
05/28/2015 05/28/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $115,000 -- --
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 $6,753 $144,500 $0 $0
2024 $1,788 $135,000 $0 $0
2023 $6,074 $115,700 $0 $0
2022 $4,410 $96,500 $0 $0
2021 $5,896 $97,100 $0 $0
2020 $5,639 $94,000 $0 $0
2019 $0 $85,500 $0 $0
2018 $0 $79,900 $24,800 $55,100
2017 $0 $78,400 $0 $0
2016 $0 $73,800 $0 $0
2015 -- $72,400 $0 $0
2014 -- $67,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Davis

    Seller's Agent in 2015

    Matt Davis

    Real Estate One Rosemary Davis

    (269) 967-3321

    85 in this area

    129 Total Sales

    Matt Davis
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15001243

Southwestern Michigan Association of REALTORS®

APN: 53-002-330-00

Michigan Calhoun County Marshall 49068

324 N Madison St, Marshall, MI

This home is located at 324 N Madison St, Marshall, MI 49068 since 12 January 2015 and is currently estimated at $276,937. This property was built in 1910. 324 N Madison St is a home located in Calhoun County with nearby schools including Harrington Elementary School, Marshall High School, and Marshall Academy.

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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