NOT LISTED FOR SALE

361 3rd St Manistee, MI 49660

Estimated Value: $186,000 - $208,000

Studio
-- Bath
-- Sq Ft
7,275 Sq Ft Lot

Last Sold July 31, 2020

Last sale price $110,000

Est. 82% increase in value since last sale

Current estimated payment $1,219/month

76 Days on Market

About This Home

As of July 2020

Solid Investment Property! This duplex has no trouble finding renters. It's in a great location, has off street parking, separate utilities and separate entrances. The arched doorways and hardwood floors are beautiful. Both units are 2 Bedrooms, 1 Bath and have fresh paint and refinished floors. Tenants can park behind the house off the alley or they can park on 3rd street if they prefer. The electric service for both apartments has been recently updated. Please note: Gloves & Masks are required to see this property.

Last Agent to Sell the Property

Casey Tennant

CENTURY 21 Northland License #6506047936 Listed on: 05/07/2020

CENTURY 21 Northland

Last Buyer's Agent

Breanna Vertz

Five Star Real Estate - Ludington License #6501416197

Five Star Real Estate - Ludington

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,434

Year Built

  • Built in 1880

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions are 62.33x122

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet

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

$2,434

Year Built

Built in 1880

Lot Details

7,275 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1880
  • General Property Info:Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 114900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Electricity Connected
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.167
  • Lot Size Area: 0.17
  • Lot Dimensions: 62.33x122
  • Lot Size Sq Ft: 7275.0

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: 2434.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Jul 31, 2020
Sold by
Jay Cutter
Bought by
Cooke Josie
Seller's Agent
Casey Tennant
CENTURY 21 Northland
Buyer's Agent
Breanna Vertz
Five Star Real Estate - Ludington
List Price
$117,000
Sold Price
$110,000
Premium/Discount to List
-$7,000
-5.98%
Current Estimated Value
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,900
Avg. Annual Appreciation
11.21%

Purchase Details

Closed on
Sep 1, 2004
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
Cooke Josie $110,000 --
-- $80,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $110,000 -6.0% --
07/22/2020 07/22/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $117,000 -- --
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 $2,281 $86,500 $0 $0
2024 $22 $74,400 $0 $0
2023 $2,146 $68,800 $0 $0
2022 $3,534 $57,400 $57,400 $0
2021 $3,705 $59,900 $59,900 $0
2020 $2,467 $49,100 $49,100 $0
2019 $2,435 $40,800 $40,800 $0
2018 $2,388 $41,500 $41,500 $0
2017 $2,339 $40,000 $40,000 $0
2016 $1,400 $40,300 $40,300 $0
2015 -- $38,600 $38,600 $0
2014 -- $45,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 20014794

MichRIC

APN: 51-574-727-05

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