NOT LISTED FOR SALE

36451 Front St New Baltimore, MI 48047

Estimated Value: $376,936

3 Beds
3 Baths
1,483 Sq Ft
$254/Sq Ft Est. Value

Last Sold December 11, 2017

Last sale price $255,000 $172 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,263/month

28 Days on Market

Highlights

  • 1-Story Property
  • Private Entrance
  • 2-minute walk to Walter and Mary Burke Park
  • Heating System Uses Steam
  • High Speed Internet

About This Home

As of December 2017

Location-Location-Location! This property has the best commercial view on Front Street right in the downtown area where development activity is happening. Solid brick building with three nice one-bedroom units facing Anchor Bay. Potential to build ground level commercial use building with condominiums or rental apartments above. Ample space for parking- front and/or rear. This is a prime spot with varied possibilities for development. All units currently leased. Requires a minimum of 24 hours notice for showings

Last Agent to Sell the Property

George Robertson

Sine & Monaghan, LLC License #6501319217 Listed on: 09/11/2017

Last Buyer's Agent

George Robertson

Sine & Monaghan Realtors Real Living LLC RO License #RCO-6501319217

Sine & Monaghan Realtors Real Living LLC RO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 77x150x77x150
  • Private Entrance

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3 Full Bathrooms
  • 1,483 Sq Ft Home
  • 1-Story Property

Parking

  • 3 Parking Spaces
  • Paved Parking
  • Assigned Parking

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units
  • A/P Blks 6 15 16 25 Ash.Origtn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0913484009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,658

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 1 Story
  • Year Built: 1975
  • Accessibility Features: Disabled Access
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Sq Ft Combined: 1483
  • Total Sq Ft: 1483

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake St Clair
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Private Entry
  • Foundation Materials: Poured
  • Frontage Feet: 77
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces, Paved
  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Radiant, Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Anchor Bay

Lot Info

  • Lot Dimensions: 77x150x77x150
  • Parcel Number: 0913484009
  • Zone Conform: Yes
  • Zoning: Commercial

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Heat, Snow Removal, Water/Sewer, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1455

Tax Info

  • Tax Amount Summer: 1960.6600
  • Tax Amount Winter: 697.4800
  • Total Tax: 2658.1400

Multi Family

  • Gross Scheduled Income: 17460.00
  • Number Of Units Total: 3
  • Unit Count: 1
  • Number of One Bedroom Units: 3
  • Number Of Units Leased: 3

MLS Schools

  • School District: Anchor Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2017
Closed on
Dec 20, 2017
Sold by
Paul Anne P and The Anne P Paul Trust
Bought by
Paul John F and Badamo Mary L
Seller's Agent
George Robertson
Sine & Monaghan, LLC
Buyer's Agent
George Robertson
Sine & Monaghan Realtors Real Living LLC RO
List Price
$300,000
Sold Price
$255,000
Premium/Discount to List
-$45,000
-15%
Current Estimated Value
$376,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,936
Avg. Annual Appreciation
5.55%

Purchase Details

Listed on
Sep 11, 2017
Closed on
Dec 8, 2017
Sold by
Paul Investment Llc
Bought by
Kasco Equities Llc
Seller's Agent
George Robertson
Sine & Monaghan, LLC
Buyer's Agent
George Robertson
Sine & Monaghan Realtors Real Living LLC RO
List Price
$300,000
Sold Price
$255,000
Premium/Discount to List
-$45,000
-15%
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
Paul John F -- Lawyers Title Insurance Corp
Kasco Equities Llc $255,000 Ata National Title Group Llc
Paul John F -- Lawyers Title Insurance Corp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2017 12/11/17 Sold $255,000 -15.0% $172 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $300,000 -- $202 / Sq Ft
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
2024 $1,961 $55,600 $0 $0
2023 $1,860 $55,600 $0 $0
2022 $2,417 $40,400 $0 $0
2021 $2,407 $40,400 $0 $0
2020 $1,796 $40,400 $0 $0
2019 $4,369 $74,500 $0 $0
2018 $3,909 $50,200 $0 $0
2017 $2,704 $49,900 $27,700 $22,200
2016 $2,682 $49,900 $0 $0
2015 -- $47,000 $0 $0
2014 -- $44,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217082318

Realcomp

APN: 06-09-13-484-009