NOT LISTED FOR SALE

Estimated Value: $89,000 - $173,000

3 Beds
2 Baths
2,700 Sq Ft
$47/Sq Ft Est. Value

Sale Details

Date Sold: December 14, 2017

Last sale price $65,000 $24 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $779 / mo

124 Days on Market

About This Home

As of December 2017

Very unique, well maintained investment property. The primary residence is occupied by the owner and has 4 bedrooms, 2 bathrooms , kitchen and living area. Nine rooms through out the house are individually rented on a month to month for $340. per month. Currently all rooms are rented. Each room includes flat screen TV with cable microwave and mini refrigerator. There is a common area with stove and large refrigerator for tenants use

Last Agent to Sell the Property

Steve Ordway

RE/MAX Mid-Michigan R.E. License #6501198443 Listed on: 07/12/2017

RE/MAX Mid-Michigan R.E.

Last Buyer's Agent

Steve Ordway

RE/MAX Mid-Michigan R.E. License #6501198443 Listed on: 07/12/2017

RE/MAX Mid-Michigan R.E.

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 Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $674

Year Built

  • Built in 1890

Lot Details

  • 3,920

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,920 Sq Ft Lot

Community Details

Overview

  • 9 Units
  • Fords Eastern Addition Subdivision

Building Details

  • Operating Expense $10,000
  • Gross Income $36,720
  • Net Operating Income $63,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$674

Year Built

Built in 1890

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1890
  • Driveway:Driveway: Gravel
  • Mineral Rights:Mineral Rights: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 75000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: .09

Multi Family

  • Gross Income: 36720.0
  • Net Operating Income: 63440.0
  • Number of Units Total: 9
  • Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 673.66
  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2017
Closed on
Dec 14, 2017
Sold by
Bought by
Seller's Agent
Steve Ordway
RE/MAX Mid-Michigan R.E.
Buyer's Agent
Steve Ordway
RE/MAX Mid-Michigan R.E.
Sold Price
$65,000
Current Estimated Value
$126,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,232
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
May 19, 2017
Sold by
Bought by

Purchase Details

Closed on
May 29, 2015
Sold by
Bought by

Purchase Details

Closed on
Jul 25, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.05%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.05%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$65,000 None Available
-- Attorney
$4,000 None Available
$600 None Available
$600 None Available
-- None Available
-- --
$115,000 Mst
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $103,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/14/2017 12/14/17 Sold $65,000 -- $24 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,022 $39,800 $0 $0
2025 $1,022 $38,800 $0 $0
2024 $10 $50,000 $0 $0
2023 $960 $47,000 $0 $0
2022 $1,232 $31,400 $0 $0
2021 $1,063 $27,300 $0 $0
2020 $1,050 $32,550 $0 $0
2019 $1,021 $18,700 $0 $0
2018 $972 $15,400 $0 $0
2017 $680 $14,950 $0 $0
2016 $586 $10,500 $10,500 $0
2015 $723 $9,900 $9,900 $0
2014 $723 $11,650 $11,650 $0
2013 -- $11,650 $11,650 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21034807

MichRIC

APN: 7-031600000

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