NOT LISTED FOR SALE

327 W Broad St Chesaning, MI 48616

Estimated Value: $145,000 - $212,000

5 Beds
5 Baths
2,331 Sq Ft
$80/Sq Ft Est. Value

Last Sold December 17, 2015

Last sale price $25,000 $11 Per Sq Ft

Est. 649% increase in value since last sale

Current estimated payment $1,215/month

280 Days on Market

Highlights

  • Victorian Architecture
  • Shed
  • Hot Water Heating System
  • Chesaning Union High School Rated 9+

About This Home

As of December 2015

This property is now under auction terms. Pre-sale bids should be submitted through www.Auction.com. This property is subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions (minimums may apply). Please note that the commission percentages may change between the pre-sale and auction periods so please contact listing agent to verify exact commission terms. All auction assets will be sold subject to seller approval. Please contact listing agent for details. 3 unit, 2 story Commercial property. Great investment right on the boulevard in downtown Chesaning. Unit 1 has 1 bedroom, 1 bath. Unit 2 has 2 bedrooms, 1 bath. Unit 3 has 2 bedrooms, 1 bath. Each unit pays their own heat / electric and water. Municipality I & I inspection completed and compliant.

Last Agent to Sell the Property

Paul Wellman

RE/MAX New Image License #SBR-6502353118 Listed on: 02/26/2015

RE/MAX New Image

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 0.72

Home Design

  • Victorian Architecture
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Radiator
  • Hot Water Heating System
  • Separate Meters

Additional Features

  • Shed
  • 0.72 Acre Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 13 09 3 16 0398 000

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Originating MLS: Saginaw
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Victorian
  • Sub Structure Types: Shed
  • Total Tax Amount: 2589
  • Total Tax Year: 2014
  • Year Built: 1890
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Poured, MI Basement
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Estimated Sq Ft: 2331

Exterior Features

  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Fuel Type: Electric
  • Heating System: Electric Heat, Hot Water, Radiator
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 13 09 3 16 0398 000
  • Lot Dimensions: irregular
  • Acreage: 0.72
  • Zoning: Commercial
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2014, Amount: $1,133.00
  • Winter Tax: Year: 2014, Amount: $1,465.00
  • Taxable Value: 41742
  • Total Tax: Year: 2014, Amount: $2,589.00
  • SEV Year: 2014

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Chesaning Union Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2016
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
Odell Julie and Odell Steve
Current Estimated Value
$187,264

Purchase Details

Closed on
Feb 25, 2014
Sold by
Ketchum Carlene K and Ketchum Gordon Stanley
Bought by
Fannie Mae and Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Odell Julie $25,000 --
Fannie Mae $3,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2015 12/17/15 Sold $25,000 -67.1% $11 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $75,900 -- $33 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,333 $92,700 $0 $0
2024 $2,333 $92,800 $0 $0
2023 $2,208 $86,100 $0 $0
2022 $4,936 $79,600 $0 $0
2021 $4,653 $74,200 $0 $0
2020 $4,575 $74,200 $0 $0
2019 $4,434 $73,200 $9,500 $63,700
2018 $2,049 $61,400 $0 $0
2017 $4,158 $61,800 $0 $0
2016 $4,121 $59,800 $0 $0
2014 -- $53,700 $0 $0
2013 -- $53,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31231319

Michigan Multiple Listing Service

APN: 13093160398000