NOT LISTED FOR SALE

33344 Duncan Fraser, MI 48026

Estimated Value: $199,310 - $235,000

5 Beds
3 Baths
1,312 Sq Ft
$168/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $215,000 $164 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,601/month

8 Days on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • Garage
  • Fraser High School Rated 9+

About This Home

As of November 2023

Great investment opportunity! This turnkey 3-unit property in Fraser features 5 bedrooms, 3 full baths, a new roof, A/C, furnace, hot water tank, and french drain system in last 4 years! Many additional updates to each unit. All units are occupied with long term tenants that lease on a month to month basis. Tenants would like to stay.

Detached garage is a perfect opportunity to generate additional income for storage.

Owner pays all utilities including electric, gas, water, lawn care and trash removal.

Rents are currently $600, $850 and $950/month.

Please do not approach the property and respect tenant privacy.

Last Agent to Sell the Property

Scott Lucas

RE/MAX First License #6501411303 Listed on: 10/16/2023

RE/MAX First

Last Buyer's Agent

Jimmy Saros

Jim Saros Real Estate Services License #6501398798

Jim Saros Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1930 | Remodeled in 2019

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50.00 x 161.00

Parking

  • Garage

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 1,312 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1131477001

Community Details

Overview

  • 3 Units
  • Klein Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,588

Year Built

Built in 1930 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 1/2 Story
  • Year Built: 1930
  • State Equalized Value: 57200.0000
  • Year Renovated: 2019
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished
  • Total Sq Ft: 1312

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Fee Information

  • Operating Expense: 10290.00

Lot Info

  • Lot Size Area: 0.18
  • Lot Dimensions: 50.00 x 161.00
  • Parcel Number: 1131477001
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Heat, Electric, Water/Sewer, Snow Removal, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 3452.0000
  • Tax Amount Winter: 136.0000
  • Total Tax: 3588.0000
  • Taxable Value: 53944.0000

Multi Family

  • Gross Scheduled Income: 28800.00
  • Number Of Units Total: 3

MLS Schools

  • School District: Fraser

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2024
Sold by
Gaddie Robert
Bought by
Gaddie Robert N and Gaddie Jenell M
Current Estimated Value
$220,078

Purchase Details

Listed on
Oct 16, 2023
Closed on
Nov 22, 2023
Sold by
Mccaw Daniel T
Bought by
Gaddie Robert
Seller's Agent
Scott Lucas
RE/MAX First
Buyer's Agent
Jimmy Saros
Jim Saros Real Estate Services
List Price
$199,900
Sold Price
$215,000
Premium/Discount to List
$15,100
7.55%
Views
147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%

Purchase Details

Closed on
Jul 27, 2018
Sold by
Zechmeister Lawrence and Zechmeister Shelly L
Bought by
Mccaw Daniel T

Purchase Details

Closed on
Sep 30, 2003
Sold by
Distefano Stephen
Bought by
Zechmeister Lawrence and Zechmeister Shelly L

Purchase Details

Closed on
Sep 15, 1998
Sold by
Golden Karen Aka
Bought by
Distefano Stephen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gaddie Robert N -- None Listed On Document
Gaddie Robert $215,000 Visionary Title
Gaddie Robert $215,000 Visionary Title
Mccaw Daniel T $119,500 Premier Title Agency Llc
Zechmeister Lawrence $132,000 Lawyers Title Insurance Co
Distefano Stephen $94,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2023 11/22/23 Sold $215,000 +7.6% $164 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $199,900 -- $152 / Sq Ft
Source: Realcomp

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 $5,396 $85,600 $0 $0
2024 $52 $81,200 $0 $0
2023 $3,682 $64,400 $0 $0
2022 $3,589 $57,200 $0 $0
2021 $3,520 $52,600 $0 $0
2020 $3,401 $51,500 $0 $0
2019 $2,832 $50,800 $0 $0
2018 $2,832 $45,400 $0 $0
2017 $2,513 $39,821 $9,435 $30,386
2016 $2,427 $39,828 $0 $0
2015 -- $39,074 $0 $0
2013 $2,207 $35,890 $0 $0
2011 -- $40,423 $10,081 $30,342
Source: Public Records

Agents Affiliated with this Home

  • Scott Lucas

    Seller's Agent in 2023

    Scott Lucas

    RE/MAX

    (586) 524-7589

    1 in this area

    58 Total Sales

    Scott Lucas
    Section Image
  • Jimmy Saros

    Buyer's Agent in 2023

    Jimmy Saros

    Jim Saros Real Estate Services

    (313) 729-7857

    1 in this area

    234 Total Sales

    Jimmy Saros
    Section Image
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Map

Source: Realcomp

MLS Number: 20230087945

Realcomp

APN: 03-11-31-477-001

Michigan Macomb County Fraser 48026

33344 Duncan, Fraser, MI

Not Listed for Sale

MultiFamily

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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