NOT LISTED FOR SALE

331 E Todd Ave Reed City, MI 49677

Estimated Value: $155,956 - $200,000

Studio
-- Bath
-- Sq Ft
15,246 Sq Ft Lot

Last Sold November 30, 2022

Last sale price $110,000

Est. 57% increase in value since last sale

Current estimated payment $1,208/month

35 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Level Lot

About This Home

As of November 2022

Duplex with a 2 bed & 1 bath apartment and a 1 bed, 1 bath apartment for a combined rent of $950 in monthly income. Units are currently fully occupied. Additional 1-bed , 1 bath apartment could be finished in rear part of building for additional income. Give us a call for your personal tour!!!

Last Agent to Sell the Property

Gary Bailey Sr

Crossroads Realty of Michigan License #6502321269 Listed on: 09/27/2022

Last Buyer's Agent

Nathan Bailey

Crossroads Realty of Michigan License #6506046785

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,670

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 79 x 192
  • Level Lot

Home Design

  • Composition Roof
  • Metal Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Parking

  • 10 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,670

Lot Details

0.35 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 9999
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 124900.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition, Metal
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Space Heater
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Dimensions: 79 x 192
  • Lot Size Sq Ft: 15246.0
  • Zoning Description: Residential

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1670.18
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2006
Bought by
Parmelee Orma J
Current Estimated Value
$172,239
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
Parmelee Orma J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $110,000 -11.9% --
11/01/2022 11/01/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $124,900 -- --
Source: MichRIC

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 $3,624 $73,500 $0 $0
2024 $3,487 $65,500 $0 $0
2023 $3,322 $56,100 $0 $0
2022 $3,322 $50,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22041505

MichRIC

APN: 52-106-002-00

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