NOT LISTED FOR SALE

34649 Mercer Unit M Fraser, MI 48026

Estimated Value: $385,394 - $424,000

4 Beds
4 Baths
2,222 Sq Ft
$179/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $320,000 $144 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,485/month

8 Days on Market

Highlights

  • Ranch Style House
  • 4 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Fraser High School Rated 9+
  • En-Suite Primary Bedroom

About This Home

As of January 2022

Incredible Investment Opportunity on this side by side duplex! Rent out both units or live in one and rent out the other. Currently long term tenants live in properties both month to month lease. 34655 tenant will be moving out Jan 2022 and tenant 34649 would like to stay on and willing to sign lease with new landlord. Each unit has their own sump pumps with battery backup power. Roof is 9 years old, basements are partially finished. Tenants pay their own utilities.

Last Agent to Sell the Property

Nancy Feldmann

RE/MAX First License #MISPE-6506043657 Listed on: 12/06/2021

RE/MAX First

Last Buyer's Agent

Noor Qarana

Golden Key Realty Group LLC License #6501417384

Golden Key Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1992

Lot Details

  • 0.26

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Sump Pump
  • 0.26 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 03-11-31-203-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,434

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Total Tax Amount: 6434
  • Total Tax Year: 2021
  • Year Built: 1992
  • Mail City: Fraser
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Poured, Partially Finished
  • Bedrooms: 4
  • Bathroom Description: Master Bedroom Bath
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Dining Kitchen: Pantry, Dining "L"
  • Sub Room Description: First Floor Laundry
  • Source of Sq Ft: Public Records

Exterior Features

  • Construction: Brick
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Attached Garage, Basement
  • Garage Spaces: 4

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 03-11-31-203-009
  • Lot Dimensions: 85
  • Acreage: 0.26
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $6,142.00
  • Winter Tax: Year: 2021, Amount: $291.00
  • Total Tax: Year: 2021, Amount: $6,434.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Fraser Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Jan 27, 2022
Sold by
Nasim Qarana
Bought by
Jfq Investments Llc
Seller's Agent
Nancy Feldmann
RE/MAX First
Buyer's Agent
Noor Qarana
Golden Key Realty Group LLC
List Price
$295,000
Sold Price
$320,000
Premium/Discount to List
$25,000
8.47%
Current Estimated Value
$397,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,349
Avg. Annual Appreciation
5.71%

Purchase Details

Listed on
Dec 6, 2021
Closed on
Jan 13, 2022
Sold by
Tank Michael L
Bought by
Arena Nasim
Seller's Agent
Nancy Feldmann
RE/MAX First
Buyer's Agent
Noor Qarana
Golden Key Realty Group LLC
List Price
$295,000
Sold Price
$320,000
Premium/Discount to List
$25,000
8.47%

Purchase Details

Closed on
Dec 11, 2013
Sold by
Tank Michael L and Tank Wilma J
Bought by
Tank Michael L
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
Jfq Investments Llc -- None Listed On Document
Arena Nasim $320,000 Visionary Title Agency
Arena Nasim $320,000 Visionary Title Agency
Tank Michael L -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $320,000 +8.5% $144 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $295,000 -- $133 / 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 $12,427 $206,000 $0 $0
2024 $12,005 $194,100 $0 $0
2023 $11,501 $176,900 $0 $0
2022 $6,500 $129,500 $0 $0
2021 $6,376 $123,200 $0 $0
2020 $6,160 $121,800 $0 $0
2019 $6,808 $122,800 $0 $0
2018 $6,815 $120,000 $0 $0
2017 $6,048 $103,606 $10,831 $92,775
2016 $5,840 $103,618 $0 $0
2015 -- $106,362 $0 $0
2013 $5,154 $96,151 $0 $0
2011 -- $79,703 $13,604 $66,099
Source: Public Records

Agents Affiliated with this Home

  • Nancy Feldmann

    Seller's Agent in 2022

    Nancy Feldmann

    RE/MAX of Southeast Michigan

    (586) 883-4778

    3 in this area

    138 Total Sales

    Nancy Feldmann
    Section Image
  • Noor Qarana

    Buyer's Agent in 2022

    Noor Qarana

    Golden Key Realty Group LLC

    (248) 302-7318

    1 in this area

    32 Total Sales

    Noor Qarana
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50062222

Michigan Multiple Listing Service

APN: 03-11-31-203-009

Michigan Macomb County Fraser 48026

34649 Mercer Unit M, Fraser, MI

Not Listed for Sale

MultiFamily

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Michigan Multiple Listing Service Source MLS: MiRealSource
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