$225,000
SOLD AUG 28, 2024
10 Beds
5 Baths
3,850 Sq Ft
0.32 Acres

Recently Sold

$58 Per Sq Ft

11 Days on Market

About This Home

As of August 2024

A strategically located 5-unit multifamily property in Bridgeport, MI, near I-75. Each unit includes 2 bedrooms, 1 bathroom and air conditioning. Currently, one unit is rented, and two additional units are rent-ready. The property features a carport, spacious layouts, onsite laundry, and off-street parking.  It also has a strong rental history with previous Section 8 tenants, ready-to-lease units, this investment offers strong investment potential.

Last Agent to Sell the Property

Andrea Robinson

WEICHERT, REALTORS - Grant Hamady License #FAAR-124730 Listed on: 08/08/2024

WEICHERT, REALTORS - Grant Hamady

Last Buyer's Agent

Allan Hobson

REMAX Edge License #FAAR-6501393420

REMAX Edge

Property Details

Home Type

  • Apartment

Est. Annual Taxes

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 98 x 144

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Boiler Heating System
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 09115093239000

Community Details

Overview

  • 5 Units
  • Polzin Sub 2 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,957

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Apartment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2956.85
  • Year Built: 1970
  • Mail City: Saginaw
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Common, Full
  • Bedrooms: 10
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 3850

Exterior Features

  • Construction: Brick
  • Foundation Type: Basement
  • Roads: City/County, Paved Street

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Wall/Window A/C
  • Fuel Type: Natural Gas
  • Heating System: Boiler
  • Separate Electric: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 09115093239000
  • Lot Dimensions: 98 x 144
  • Acreage: 0.32
  • Zoning: Commercial
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Gas, Water/Sewer

Tax Info

  • Summer Tax: Year: 2024, Amount: $630.57
  • Winter Tax: Year: 2023, Amount: $2,326.28
  • Total Tax: Amount: $2,956.85

Multi Family

  • Total Units: 5

MLS Schools

  • School District: Bridgeport Spaulding CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Aug 28, 2024
Sold by
Sree Investments Llc
Bought by
Kulhanek Logan
Seller's Agent
Andrea Robinson
WEICHERT, REALTORS - Grant Hamady
Buyer's Agent
Allan Hobson
REMAX Edge
List Price
$225,000
Sold Price
$225,000
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.47%

Purchase Details

Listed on
Mar 19, 2023
Closed on
Feb 1, 2024
Sold by
Basmalah Llc
Bought by
Sree Investments Llc
Seller's Agent
Nadeem Gebrael
Gebrael Management
Buyer's Agent
Candice Walker
Taylored Elite Estates LLC
List Price
$224,000
Sold Price
$190,000
Premium/Discount to List
-$34,000
-15.18%
Views
157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.53%
Original Mortgage
$133,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2023
Closed on
Jan 31, 2024
Sold by
Basmalah Llc
Bought by
Sree Investments Llc
Seller's Agent
Nadeem Gebrael
Gebrael Management
Buyer's Agent
Candice Walker
Taylored Elite Estates LLC
List Price
$224,000
Sold Price
$190,000
Premium/Discount to List
-$34,000
-15.18%
Views
157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2020
Closed on
Apr 19, 2021
Sold by
Zarkowski Properties Llc
Bought by
Basmalah Llc
Seller's Agent
Roy Lerma
Fitz You Homes
Buyer's Agent
Roy Lerma
Fitz You Homes
List Price
$199,900
Sold Price
$163,000
Premium/Discount to List
-$36,900
-18.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$122,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2011
Sold by
Yeager Shannon
Bought by
Tyson Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 16, 2011
Sold by
Yeager Shannon
Bought by
Wells Fargo Bank Na and Option One Mortgage Loan Trust

Purchase Details

Closed on
Nov 15, 2006
Sold by
Yeager Mark A and Yeager Shannon M
Bought by
Bernice Morganport Llc

Purchase Details

Closed on
Feb 22, 2005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.14%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $225,000 None Listed On Document
Warranty Deed $190,000 Dream Title And Escrow Agency
Warranty Deed $190,000 Dream Title And Escrow Agency
Warranty Deed $190,000 Dream Title And Escrow Agency
Warranty Deed $163,000 Devon Title Agency
Warranty Deed $63,900 --
Sheriffs Deed $22,500 --
Deed -- --
Deed $175,000 --
Warranty Deed $175,000 Ltic
Warranty Deed $130,000 Ltic
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $133,000 New Conventional
Previous Owner $133,000 Construction
Previous Owner $122,250 New Conventional
Previous Owner $36,000 Commercial
Previous Owner $153,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $425,000 +88.9% $110 / Sq Ft
08/28/2024 08/28/24 Sold $225,000 0.0% $58 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $225,000 +18.4% $58 / Sq Ft
02/01/2024 02/01/24 Sold $190,000 -15.2% $49 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $224,000 +17.9% $58 / Sq Ft
10/13/2023 10/13/23 Off Market $190,000 -- --
10/13/2023 10/13/23 For Sale $224,000 0.0% $58 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $224,000 0.0% $58 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/19/2023 03/19/23 For Sale $224,000 +37.4% $58 / Sq Ft
04/22/2021 04/22/21 Sold $163,000 -18.5% $42 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
12/19/2020 12/19/20 For Sale $199,900 -- $52 / 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
2024 $631 $76,600 $0 $0
2023 $601 $69,500 $0 $0
2022 $2,797 $52,200 $0 $0
2021 $2,311 $44,200 $0 $0
2020 $2,367 $45,400 $0 $0
2019 $2,460 $48,000 $6,800 $41,200
2018 $556 $50,700 $0 $0
2017 $2,884 $59,300 $0 $0
2016 $2,659 $58,500 $0 $0
2014 -- $50,300 $0 $44,300
2013 -- $50,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50151522

Michigan Multiple Listing Service

APN: 09115093239000