Seller's Agent in 2024
Brandi Stupica
FIVE STAR REAL ESTATE - MT. PLEASANT
(301) 509-5917
15 in this area
28 Total Sales
Estimated Value: $129,436 - $172,000
4
Beds
2
Baths
2,150
Sq Ft
$69/Sq Ft
Est. Value
Highlights
- Forced Air Heating and Cooling System
- Satellite Dish
- 1-minute walk to Fred Meijer Heartland Trail
- High Speed Internet
About This Home
As of April 2024This well maintained duplex is an ideal investment in a coveted locale! Located a mere blocks from Alma College and downtown, this multifamily boasts two units, each featuring two bedrooms and one bathroom. Perfect for investors or homeowners seeking passive rental income, both units offer generous kitchens and living rooms for comfort and entertainment. What sets this property apart is the rare inclusion of in-unit washer and dryer setups behind the kitchen, enhancing appeal and tenant retention. With a total gross income of $2400 per month and tenants responsible for utilities, it's a lucrative opportunity for long-term rental portfolios. The asking price more than covers the 1% rule for investment property. Occupying one unit while renting the other allows savvy investors to offset mortgage costs and build equity. Seize the chance to own prime real estate in this sought-after area. This home is part of a portfolio of 8 of rental properties that can be purchased as a package. Please also see listings for 601 Wright, 607 Wright, 611 Wright, 308 Park, 314 Park, 318 Park, and 231 N Lincoln. When you schedule a showing with your agent, please allow at least 24 hours notice for showing requests to allow for giving the tenants sufficient notice.
Last Agent to Sell the Property
FIVE STAR REAL ESTATE - MT. PLEASANT License #6501451603 Listed on: 02/09/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,247
Year Built
- Built in 1900
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 36 x 67
- The community has rules related to zoning restrictions
Home Design
- Duplex
- Block Foundation
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,150 Sq Ft Home
- 2-Story Property
- Oven or Range
Laundry
- Dryer
- Washer
Basement
- Crawl Space
- Basement Storage
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- High Speed Internet
- Satellite Dish
- Cable TV Available
- TV Antenna
Community Details
- 2 Units
- Assessor Plat 1 Community
Listing and Financial Details
- Rent includes exterior maintenance
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2020
Sold by
Lux Paul C
Bought by
Plux Properties Llc
Current Estimated Value
Purchase Details
Closed on
Jan 8, 2007
Sold by
Ruth Ann Ruth Ann
Bought by
Lux Paul C and Lux Borgia E
Purchase Details
Closed on
May 24, 2004
Sold by
Drowley Marla
Bought by
Ruth Ann Hall
Purchase Details
Closed on
May 7, 1999
Bought by
Drowley
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Plux Properties Llc | -- | None Available | |
| Lux Paul C | $72,500 | -- | |
| Paul Paul C | $72,500 | -- | |
| Ruth Ann Hall | $48,000 | -- | |
| Drowley | $26,500 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2024 04/04/24 | Sold | $120,000 | -27.5% | $56 / Sq Ft |
| 02/09/2024 02/09/24 | For Sale | $165,500 | -- | $77 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $1,317 | $71,600 | $0 | $0 |
| 2024 | $1,317 | $60,900 | $0 | $0 |
| 2023 | $117 | $57,100 | $0 | $0 |
| 2022 | $117 | $50,000 | $0 | $0 |
| 2021 | $117 | $46,900 | $0 | $0 |
| 2020 | -- | $45,400 | $0 | $0 |
| 2019 | -- | $19,000 | $0 | $0 |
| 2018 | -- | $17,000 | $0 | $0 |
| 2017 | -- | $18,100 | $0 | $0 |
| 2016 | -- | $18,000 | $0 | $0 |
| 2015 | -- | $17,200 | $0 | $0 |
| 2014 | -- | $16,300 | $0 | $0 |
| 2013 | -- | $17,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brandi Stupica
-
Brandon Tilson
B
Buyer's Agent in 2024
Brandon Tilson
FIVE STAR REAL ESTATE - MT. PLEASANT
(989) 413-7793
9 in this area
10 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1919189
APN: 51-031-006-00
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.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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