NOT LISTED FOR SALE

325 Young St Cheboygan, MI 49721

Estimated Value: $109,257 - $224,000

Studio
-- Bath
2,092 Sq Ft
$84/Sq Ft Est. Value

Sale Details

Date Sold: April 16, 2021

Last sale price $68,500 $33 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,155 / mo

28 Days on Market

About This Home

As of April 2021

Duplex in the City of Cheboygan with excellent rental history. Each unit is 1 bed and 1 bath. Both units have large living areas. Property could be converted to a 3 Bed 2 Bath residential home fairly easy by opening up 1 wall. This is a great deal in this market do not wait.

Last Agent to Sell the Property

David Sullivan

North Real Estate License #6502414728 Listed on: 02/24/2021

Last Buyer's Agent

David Sullivan

North Real Estate License #6502414728 Listed on: 02/24/2021

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,534

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 2,092 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Cheboygan High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Municipal Utilities District for Water and Sewer

Community Details

  • T38n,R1w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 054-S47-001-028-00
  • Tax Block SEC 31

Property Details

Home Type

Multi-Family

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Directions: From Main Street, West on Court Street, Right onto Young Street. House will be on the right side.
  • Garage Yn: No
  • Lot Size: .15 Acres
  • Prop. Type: Residential
  • PropertySubType: Duplex
  • Water Body Name: None
  • Co List Office Phone: 231-818-0060
  • MLS Status: Closed
  • Subdivision Name: T38N,R1W
  • Architectural Style: Two Story
  • ResoBuildingAreaSource: County Records
  • Contract Information:Short Sale: No
  • General Property Information Lot Size Dimensions: .15 Acres
  • Water Municipal2: Yes
  • Sewer Municipal5: Yes
  • StyleTwoStory: Yes
  • Laundry Basement4: Yes
  • Cooling:None9: Yes
  • Fuel Natural Gas2: Yes
  • Equipment:Water Heater - Gas: Yes
  • Property Information Basement: Yes
  • Basement Full Basement2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement:Unfinished: Yes

Exterior Features

  • Waterfront: No
  • Construction Type: Wood
  • Construction:Frame: Yes

Garage/Parking

  • Property Information:Garage Stall2: 0
  • Property Information:Garage Type2: None

Utilities

  • Sewer: Municipal, Public Sewer
  • Heating:Natural Gas3: Yes
  • Heating:Forced Air2: Yes

Schools

  • Schools High School: Cheboygan
  • Junior High Dist: Cheboygan Area
  • High School: Cheboygan

Lot Info

  • Parcel Number: 054-S47-001-028-00

Tax Info

  • Tax Block: SEC 31
  • Tax Book Number: 054-S47-001-028-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 16, 2021
Sold by
Kurtz Joseph
Bought by
Scheele Joseph
Seller's Agent
David Sullivan
North Real Estate
Buyer's Agent
David Sullivan
North Real Estate
Sold Price
$68,500
Current Estimated Value
$175,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,314
Avg. Annual Appreciation
20.70%
Original Mortgage
$54,800
Outstanding Balance
$41,175
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$134,639

Purchase Details

Closed on
Nov 1, 1995
Sold by
Blum Susan
Bought by
Kurtz Joseph and Kurtz Stephanie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Scheele Joseph $68,500 --
Kurtz Joseph $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheele Joseph $54,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $68,500 -- $33 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
Source: Water Wonderland Board of REALTORS®

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 $2,663 $79,300 $0 $0
2024 $2,167 $66,800 $0 $0
2023 $2,075 $56,700 $0 $0
2022 $1,260 $40,400 $0 $0
2021 $1,253 $37,600 $37,600 $0
2020 $1,790 $37,500 $37,500 $0
2019 $1,748 $36,100 $36,100 $0
2018 $1,705 $35,600 $0 $0
2017 $1,652 $35,500 $0 $0
2016 $1,636 $36,000 $0 $0
2015 -- $30,900 $0 $0
2014 -- $29,500 $0 $0
2012 -- $29,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201810864

Water Wonderland Board of REALTORS®

APN: 054-S47-001-028-00

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