NOT LISTED FOR SALE

36141 Hathaway St New Baltimore, MI 48047

Estimated Value: $452,405 - $603,000

10 Beds
6 Baths
3,456 Sq Ft
$143/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $380,000 $110 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,587/month

176 Days on Market

Highlights

  • 0.52 Acre Lot
  • Porch
  • Forced Air Heating and Cooling System
  • Colonial Architecture

About This Home

As of June 2021

New Baltimore investment opportunity - 6 rental units with long-term tenants in place! Located one block off of the main corridor (M-29), this two building property is walking distance to the quaint downtown, park, beach and Lake St. Clair! Sale includes both structures with 4 two-bedroom and 2 one-bedroom units. Tenants pay utilities and $30/month for water. A coin operated laundry is located in the basement. Check out this instant positive cash flow!

Last Agent to Sell the Property

Erick Monzo

Keller Williams Realty-Great Lakes License #6501330189 Listed on: 09/30/2020

Keller Williams Realty-Great Lakes

Last Buyer's Agent

Jan Kinkela

Keller Williams Realty-Great Lakes License #6502316784

Keller Williams Realty-Great Lakes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 202.00x113.00

Home Design

  • Colonial Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 6 Full Bathrooms
  • 3,456 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0913456009

Community Details

Overview

  • 6 Units
  • A/P # 08 New Baltimore Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Split Level
  • Architecture Level: 2 Story
  • Assessment: 12
  • Year Built: 1989
  • State Equalized Value: 126300.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 3456
  • Total Sq Ft: 3456

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick, Wood
  • Foundation Materials: Brick/Mortar
  • Porch Type: Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Anchor Bay

Lot Info

  • List Price per Acre: 863461.5300
  • Lot Size Area: 0.52
  • Lot Dimensions: 202.00X113.00
  • Parcel Number: 0913456009
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 4240

Tax Info

  • Tax Amount Summer: 8344.0000
  • Tax Amount Winter: 1899.0000
  • Total Tax: 10243.0000
  • Taxable Value: 120012.0000

Multi Family

  • Gross Scheduled Income: 50880.00
  • Number Of Units Total: 6
  • Unit Count: 6
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 6

MLS Schools

  • School District: Anchor Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Jun 7, 2021
Sold by
Hathaway D Llc
Bought by
Bib Management Llc
Seller's Agent
Erick Monzo
Keller Williams Realty-Great Lakes
Buyer's Agent
Jan Kinkela
Keller Williams Realty-Great Lakes
List Price
$449,000
Sold Price
$380,000
Premium/Discount to List
-$69,000
-15.37%
Current Estimated Value
$494,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,601
Avg. Annual Appreciation
6.29%
Original Mortgage
$285,000
Outstanding Balance
$259,153
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$231,582

Purchase Details

Listed on
Aug 24, 2016
Closed on
May 26, 2017
Sold by
Nomar Enterprises Llc
Bought by
Hathaway D Llc
Seller's Agent
Richard Michaels
Berkshire Hathaway HomeServices Kee Realty Wash
List Price
$329,000
Sold Price
$280,000
Premium/Discount to List
-$49,000
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%

Purchase Details

Closed on
May 31, 2007
Sold by
Sapienza Joseph and Sapienza Kathleen
Bought by
Nomar Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,650
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2006
Sold by
Kovac Nemanja and Kovac Stojna
Bought by
Sapienza Joseph and Sapienza Kathleen

Purchase Details

Closed on
Oct 7, 2004
Sold by
Kovac Nemanja and Kovac Stojna
Bought by
Sapienza Joseph and Sapienza Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6%
Mortgage Type
Seller Take Back
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
Bib Management Llc $380,000 None Available
Hathaway D Llc $280,000 Premier Title Agency Llc
Nomar Enterprises Llc $329,900 None Available
Sapienza Joseph $288,000 Devon Title Agency
Nomar Enterprises Llc -- Devon Title Agency
Sapienza Joseph $288,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bib Management Llc $285,000
Previous Owner Nomar Enterprises Llc $279,650
Previous Owner Sapienza Joseph $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $380,000 -15.4% $110 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
09/30/2020 09/30/20 For Sale $449,000 +60.4% $130 / Sq Ft
05/26/2017 05/26/17 Sold $280,000 -14.9% $63 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
08/24/2016 08/24/16 For Sale $329,000 0.0% $75 / Sq Ft
01/18/2015 01/18/15 Rented $550 0.0% --
01/06/2015 01/06/15 Under Contract -- -- --
12/01/2014 12/01/14 For Rent $550 +4.8% --
03/22/2013 03/22/13 Rented $525 0.0% --
03/18/2013 03/18/13 Under Contract -- -- --
11/29/2012 11/29/12 For Rent $525 -4.5% --
03/21/2012 03/21/12 Rented $550 0.0% --
03/12/2012 03/12/12 Under Contract -- -- --
02/21/2012 02/21/12 For Rent $550 -- --
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 $10,702 $204,700 $0 $0
2024 $7,838 $206,000 $0 $0
2023 $7,469 $185,100 $0 $0
2022 $9,679 $163,000 $0 $0
2021 $7,339 $161,000 $0 $0
2020 $5,413 $142,100 $0 $0
2019 $10,242 $126,300 $0 $0
2018 $7,676 $113,200 $0 $0
2017 $6,595 $111,700 $28,000 $83,700
2016 $6,542 $111,700 $0 $0
2015 -- $112,400 $0 $0
2014 -- $108,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erick Monzo

    Seller's Agent in 2021

    Erick Monzo

    Keller Williams Realty-Great Lakes

    (586) 210-3350

    11 in this area

    1,895 Total Sales

    Erick Monzo
    Section Image

  • J

    Buyer's Agent in 2021

    Jan Kinkela

    Keller Williams Realty-Great Lakes

    Section Image
  • Richard Michaels

    Seller's Agent in 2017

    Richard Michaels

    Berkshire Hathaway HomeServices Kee Realty Wash

    (586) 339-7344

    2 in this area

    41 Total Sales

    Richard Michaels
    Section Image

  • B

    Seller's Agent in 2015

    Brian DiBartolomeo

    Aspect Properties, LLC

  • B

    Buyer's Agent in 2015

    Brett Boike

    Aspect Properties, LLC

  • J

    Seller's Agent in 2013

    Jacklyn Reneau

    Temporary Inactive Users

See All Agents

Map

Source: Realcomp

MLS Number: 2200081302

Realcomp

APN: 06-09-13-456-009

Michigan Macomb County New Baltimore 48047

36141 Hathaway St, New Baltimore, MI

This home is located at 36141 Hathaway St, New Baltimore, MI 48047 since 30 September 2020 and is currently estimated at $494,601, approximately $143 per square foot. This property was built in 1989. 36141 Hathaway St is a home located in Macomb County with nearby schools including Lighthouse Elementary School, Anchor Bay Middle School North, and Anchor Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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