NOT LISTED FOR SALE

34 Madison Ave Mount Clemens, MI 48043

Estimated Value: $169,519 - $195,000

2 Beds
2 Baths
1,550 Sq Ft
$116/Sq Ft Est. Value

Sale Details

Date Sold: April 17, 2024

Last sale price $144,500 $93 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,342 / mo

5 Days on Market

About This Home

As of April 2024

Opportunity here to start with a new investor. Rents given were for long time tenants and market allows for higher rents. House is ready for your tenants.
Solid house with lots of charm. This place rents itself!
Upper has new bathroom and windows. Each comes with window A/C. Shared heat, one gas bill and one water bill. Separate electric meters. Shared basement with washer and dryer. Each unit has separate electric meters. Both units have private front and back entrances to the front entrance foyer and back landing to the basement and back door.
Shared driveway and street parking. Nice location!

Last Agent to Sell the Property

Penelope Smith

Penny Smith Realty LLC License #6502409114 Listed on: 03/18/2024

Last Buyer's Agent

Brett Knybel

KW Platinum License #6501388440

KW Platinum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1942

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50.00 x 70.00

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,550 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1111379003
  • $4,335 Seller Concession

Community Details

Overview

  • 2 Units
  • Euphemia Hubbard's Addition Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,669

Year Built

Built in 1942

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 362.00
  • Year Built: 1942
  • State Equalized Value: 64000.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1550

Exterior Features

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

Utilities

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

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 50.00 x 70.00
  • Parcel Number: 1111379003
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1450

Tax Info

  • Tax Amount Summer: 2623.0000
  • Tax Amount Winter: 46.0000
  • Total Tax: 2669.0000
  • Taxable Value: 31671.0000

Multi Family

  • Gross Scheduled Income: 17400.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Mount Clemens

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Apr 17, 2024
Sold by
Bought by
Seller's Agent
Penelope Smith
Penny Smith Realty LLC
Buyer's Agent
Brett Knybel
KW Platinum
List Price
$168,800
Sold Price
$144,500
Premium/Discount to List
-$24,300
-14.4%
Views
53
Current Estimated Value
$179,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,130
Avg. Annual Appreciation
10.60%
Original Mortgage
$137,275
Outstanding Balance
$135,224
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$44,406

Purchase Details

Closed on
Sep 28, 2001
Sold by
Bought by

Purchase Details

Closed on
Sep 6, 1996
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$144,500 First American Title
$144,500 First American Title
$104,000 --
$78,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $137,275
Closed $137,275
Closed --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/17/2024 04/17/24 Sold $144,500 -14.4% $93 / Sq Ft
03/23/2024 03/23/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $168,800 0.0% $109 / Sq Ft
05/06/2016 05/06/16 Rented $525 0.0% --
04/15/2016 04/15/16 Under Contract -- -- --
03/30/2016 03/30/16 For Rent $525 +2.9% --
12/12/2014 12/12/14 Rented $510 0.0% --
11/18/2014 11/18/14 Under Contract -- -- --
11/10/2014 11/10/14 For Rent $510 -2.9% --
12/01/2013 12/01/13 Rented $525 0.0% --
11/26/2013 11/26/13 Under Contract -- -- --
11/04/2013 11/04/13 For Rent $525 -- --
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,423 $78,200 $0 $0
2024 $21 $68,200 $0 $0
2023 $2,623 $64,000 $0 $0
2022 $2,483 $61,800 $0 $0
2021 $2,427 $50,700 $0 $0
2020 $2,335 $47,800 $0 $0
2019 $2,300 $46,000 $0 $0
2018 $2,257 $39,800 $0 $0
2017 $2,216 $34,627 $2,733 $31,894
2016 $2,206 $34,627 $0 $0
2015 $2,002 $28,634 $0 $0
2013 -- $26,094 $2,135 $23,959
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240017092

Realcomp

APN: 05-11-11-379-003

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