NOT LISTED FOR SALE

3520 W Thompson Rd Fenton, MI 48430

Estimated Value: $208,514

4 Beds
3 Baths
2,048 Sq Ft
$102/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $130,000 $63 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,205/month

49 Days on Market

Highlights

  • 0.77 Acre Lot
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of February 2019

Excellent income producing property in Fenton! 3 units plus 28 x 40 pole barn. Projected income $2,525 monthly. Located near US-23 and Thompson Rd. Both 1 bedroom units are currently rented by long-term tenants. Pole barn is heated.

Last Agent to Sell the Property

Adam Haffajee

C2C Real Estate Group License #6502432937 Listed on: 11/28/2018

Last Buyer's Agent

Adam Haffajee

Lasco Real Estate Group License #RCO-6502432937

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 185 x 180 x 180 x 185

Parking

  • Unassigned Parking

Home Design

  • Triplex
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,048 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Patio

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0603100001

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 2 Story
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2048
  • Total Sq Ft: 2048
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Slab
  • Construction Materials: Wood
  • Foundation Materials: Block
  • Frontage Feet: 185
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Window Unit(s)
  • Heating: Forced Air, Radiant
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Schools

  • School District: Lake Fenton

Lot Info

  • List Price per Acre: 181818.1818
  • Lot Size Area: 0.77
  • Lot Dimensions: 185 x 180 x 180 x 185
  • Parcel Number: 0603100001
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2525

Tax Info

  • Tax Amount Summer: 951.5300
  • Tax Amount Winter: 2341.8100
  • Total Tax: 3293.3400

Multi Family

  • Gross Scheduled Income: 30300.00
  • Number Of Units Total: 3
  • Unit Count: 3
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Lake Fenton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2018
Closed on
Jan 22, 2019
Sold by
Geney Jessica
Bought by
Meng Honghao
Seller's Agent
Adam Haffajee
C2C Real Estate Group
Buyer's Agent
Adam Haffajee
Lasco Real Estate Group
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%
Current Estimated Value
$208,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,514
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
Mar 24, 2011
Sold by
Glen Oaks Enterprise Inc
Bought by
Johnson Glen Thomas

Purchase Details

Closed on
Jan 8, 2008
Sold by
Shin Young R
Bought by
Glen Oaks Enterprise Inc

Purchase Details

Closed on
Jun 9, 2005
Sold by
Johnson G Thomas and Sin Ok Yo
Bought by
Shin Young R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2002
Sold by
Fleming Brian D and Fleming Ellen R
Bought by
Johnson G Thomas and Sin Ok Yo
Source: Public Records

Range of Values:

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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
Meng Honghao $130,000 Transnation Title
Johnson Glen Thomas -- Centennial Title & Abstract
Glen Oaks Enterprise Inc $135,162 Lawyers
Shin Young R $195,000 Capital Title Corporation
Johnson G Thomas -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shin Young R $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $130,000 -7.1% $63 / Sq Ft
01/16/2019 01/16/19 Pending -- -- --
01/11/2019 01/11/19 Price Changed $140,000 0.0% $68 / Sq Ft
01/11/2019 01/11/19 For Sale $140,000 -22.2% $68 / Sq Ft
12/11/2018 12/11/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $180,000 -- $88 / 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
2024 $1,188 $112,900 $0 $0
2023 $1,134 $119,300 $0 $0
2022 $4,625 $102,900 $0 $0
2021 $4,826 $100,600 $0 $0
2020 $1,037 $89,600 $0 $0
2019 $974 $103,600 $0 $0
2018 $3,446 $94,900 $0 $0
2017 $3,275 $88,500 $0 $0
2016 $3,260 $84,600 $0 $0
2015 $3,524 $82,300 $0 $0
2014 $877 $76,200 $0 $0
2012 -- $76,100 $57,500 $18,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218112590

Realcomp

APN: 06-03-100-001