NOT LISTED FOR SALE

Estimated Value: $225,000 - $264,000

5 Beds
2 Baths
2,200 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 23, 2015

Last sale price $96,000 $44 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,504/month

122 Days on Market

Highlights

  • Porch
  • Water Softener is Owned
  • Ceiling Fan
  • 1-Story Property
  • Forced Air Heating System
  • Garage

About This Home

As of January 2015

Great investment opportunity on this duplex. Home has some hard wood floors, new sump pump, new roof . The west unit has 1st floor laundry, and the second unit has laundry in the basement. Land contract terms are available with 20% down, 8% interest, with an 8 year balloon. 35 Year transferable guarantee on water purification system.

Last Agent to Sell the Property

Heidi Waid

Coldwell Banker Professionals License #6501337878 Listed on: 09/19/2014

Coldwell Banker Professionals

Co-Listed By

James Waid

Coldwell Banker Professionals License #6501359370

Last Buyer's Agent

Jeanne McCorkle

Exit Realty Group License #6501288248

Exit Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200x100x200
  • Private Entrance

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Crawl Space

Parking

  • Garage
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 00800201300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,548

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Assessment: 29.01
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Laundry Facility, Water Softener (owned)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Private, Unfinished
  • Sq Ft Combined: 2200
  • Total Sq Ft: 2200
  • Sq Ft Total Bsmt: 728

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Crawl
  • Construction Materials: Aluminum
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Assigned Spaces

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Shared Septic (Common)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Schools

  • School District: Lapeer

Lot Info

  • List Price per Acre: 260652.1739
  • Lot Size Area: 0.46
  • Lot Dimensions: 100x200x100x200
  • Parcel Number: 00800201300
  • Zoning: Residential

Rental Info

  • Deposit Amount: 24980.00
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1275

Tax Info

  • Tax Amount Summer: 379.0000
  • Tax Amount Winter: 1169.0000
  • Total Tax: 1548.0000

Multi Family

  • Gross Scheduled Income: 15300.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2014
Closed on
Jan 23, 2015
Sold by
Storey Gene A and Storey Diana L
Bought by
Hrlic John N
Seller's Agent
Heidi Waid
Coldwell Banker Professionals
Buyer's Agent
Jeanne McCorkle
Exit Realty Group
List Price
$124,900
Sold Price
$96,000
Premium/Discount to List
-$28,900
-23.14%
Current Estimated Value
$240,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,024
Avg. Annual Appreciation
8.03%

Purchase Details

Listed on
Dec 19, 2011
Closed on
Feb 10, 2012
Sold by
Storey Raymond T and Storey Diana L
Bought by
Wilkevich Raymond T
Seller's Agent
Caroline D'Andrea
Coldwell Banker Professionals
Buyer's Agent
Cathy Logan
Temporary Inactive Users
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%

Purchase Details

Closed on
Oct 2, 1995
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
Hrlic John N $96,000 --
Wilkevich Raymond T $75,000 --
-- $88,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2015 01/23/15 Sold $96,000 -23.1% $44 / Sq Ft
01/19/2015 01/19/15 Pending -- -- --
09/19/2014 09/19/14 For Sale $124,900 +66.5% $57 / Sq Ft
02/13/2012 02/13/12 Sold $75,000 -16.6% $34 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
12/19/2011 12/19/11 For Sale $89,900 -- $41 / 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
2025 $2,386 $130,000 $0 $0
2024 $555 $79,500 $0 $0
2023 $530 $77,000 $0 $0
2022 $2,146 $60,900 $0 $0
2021 $2,017 $57,700 $0 $0
2020 $1,996 $58,600 $0 $0
2019 $1,986 $59,100 $0 $0
2018 $467 $48,000 $48,000 $0
2017 $1,951 $48,800 $0 $0
2016 $468 $47,900 $47,900 $0
2015 $2,721 $41,300 $0 $0
2014 $2,721 $39,900 $39,900 $0
2013 $2,721 $38,800 $38,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214098403

Realcomp

APN: 008-002-013-00