NOT LISTED FOR SALE

363 Crapo St Elberta, MI 49628

Estimated Value: $231,000 - $583,000

7 Beds
4 Baths
3,876 Sq Ft
$99/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $102,000 $26 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $2,177/month

178 Days on Market

Highlights

  • Deck
  • Loft
  • Fireplace
  • Vaulted Ceiling
  • Balcony
  • Attached Garage

About This Home

As of April 2014

INCOME PROPERTY - LOTS OF POTENTIAL. 4-unit mult-family dwelling in the heart of Elberta. (3) 2-bedroom units and (1) 1-bedroom unit. Just off the shores of Betsie Bay & Lake Michigan; a mile south of Frankfort. Previously, this quadplex brought in nearly $2000/mo - with some TLC it could probably bring in more. Bring your tool box and your ideas - project ready! Bank-owned; sold "as is, where is." Make an offer!!

Last Agent to Sell the Property

Kathy Neveu

REO-TCBeulah-Frankfort-233027 Listed on: 09/17/2013

REO-TCBeulah-Frankfort-233027

Last Buyer's Agent

Rick Cooper

Lakeshore Properties License #6502391243

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 10,454 Sq Ft Lot
  • The community has rules related to zoning restrictions

Parking

  • Attached Garage

Home Design

  • Fixer Upper
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,876 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Loft
  • No Kitchen Appliances
  • Washer and Dryer Hookup

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • 4 Units
  • Village Of Elberta Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: 4 - Plex
  • Style: 2 Story, Quad
  • Estimated Year Built: 1952
  • Construction: Frame
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1952
  • Year Renovated: 1975

Interior Features

  • Appliances Equipment: No Appliances
  • Interior Amenities: Laundry Hook-Up, Vaulted Ceilings, Loft, Fixer-Upper
  • Range: R 16W
  • Total Finished Sf Apx: 3876

Exterior Features

  • Exterior Features: Deck, Balcony
  • Exterior Finish: Press Board Siding
  • Foundation: Full, Walkout, Finished Rooms, Entrance Outside, Egress Windows
  • Number Of Acres: 0.24
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: Two Car, Attached

Utilities

  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Municipal
  • Heating Cooling Type: Hot Water, Baseboard
  • Fireplace And Stoves: Fireplace

Association/Amenities

  • Development Name: Village of Elberta

Lot Info

  • Lot Dimensions: irreg
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Rental History

Multi Family

  • Total Number Units: 4

MLS Schools

  • School District: Frankfort-Elberta Area Schools

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2014 04/18/14 Sold $102,000 -18.4% $26 / Sq Ft
03/14/2014 03/14/14 Pending -- -- --
09/17/2013 09/17/13 For Sale $125,000 -- $32 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $2,370 $238,800 $0 $0
2024 $23 $152,800 $0 $0
2023 $2,206 $140,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Neveu

    Seller's Agent in 2014

    Kathy Neveu

    Real Estate One

    (231) 342-0921

    128 Total Sales

    Kathy Neveu
    Section Image

  • R

    Buyer's Agent in 2014

    Rick Cooper

    Lakeshore Properties

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1776429

Northern Great Lakes REALTORS® MLS

APN: 06-506-009-00

Michigan Benzie County Elberta

363 Crapo St, Elberta, MI

Not Listed for Sale

MultiFamily

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Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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