NOT LISTED FOR SALE

3758 W Water St Port Huron, MI 48060

Estimated Value: $234,000 - $782,205

2 Beds
1 Bath
1,139 Sq Ft
$511/Sq Ft Est. Value

Last Sold November 02, 2013

Last sale price $393,600 $346 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,039/month

16 Days on Market

About This Home

As of November 2013

GREAT INVESTMENT PROPERTY. 16 UNIT APARTMENT COMPLEX PLUS 1457 SQFT HOME IN PORT HURON TWP. TOTAL OF 4 BULIDINGS PLUS HOUSE. EACH COMPLEX IS APPOX 3360 SQFT WITH SEPERATE UTILITIES. LANDLORD PAYS WATER. EACH APT UNIT HAS LIVING RM,KITCHEN,DINING AREA, 2BED, 1BATH, 8X8DECK, LAUNDRY HOOKUPS IN EACH UNIT. THE HOME WAS BUILT IN 1945 AND HAS 3 BED 1 BATH AND BASEMENT. LANDLORD REMODELED MOST UNITS WITHIN THE PAST 2 YEARS. ALL 16 UNITS ARE RENTED FOR MIN OF $575. PER MONTH THE HOME IS AT $700.

Last Agent to Sell the Property

Jeffrey Kakos

HANGING GARDENS REAL ESTATE LLC License #MCAR-6502377002 Listed on: 09/24/2013

Last Buyer's Agent

Jeffrey Kakos

HANGING GARDENS REAL ESTATE LLC License #MCAR-6502377002 Listed on: 09/24/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,701

Year Built

  • Built in 1998

Lot Details

  • 2.48 Acre Lot
  • Lot Dimensions are 179x604

Interior Spaces

  • 2-Story Property
  • Washer

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Separate Meters

Community Details

  • 17 Units

Listing and Financial Details

  • Assessor Parcel Number 74280323005000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,701

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Originating MLS: Monroe
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Estimated Sq Ft: 1139

Exterior Features

  • Foundation Type: Crawl

Utilities

  • Water: Public Water
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Association Fee Includes: Exterior Maintenance, Grounds Maintenance, Snow Removal, Trash Removal, Water

Lot Info

  • Assessor Parcel Number: 74280323005000
  • Lot Dimensions: 179X604
  • Acreage: 2.48
  • Map Side Numeric: 74044
  • Map Top Alpha: 74044
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Less Than 1 Year, Month-To-Month, Lease Required, Water Included

Multi Family

  • Total Units: 17

MLS Schools

  • School District: Port Huron Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2013
Closed on
Nov 1, 2013
Sold by
Marlee Enterprises Llc
Bought by
West Water Pines Llc
Seller's Agent
Jeffrey Kakos
HANGING GARDENS REAL ESTATE LLC
Buyer's Agent
Jeffrey Kakos
HANGING GARDENS REAL ESTATE LLC
List Price
$650,000
Sold Price
$393,600
Premium/Discount to List
-$256,400
-39.45%
Current Estimated Value
$582,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,468
Avg. Annual Appreciation
3.97%

Purchase Details

Listed on
Sep 24, 2013
Closed on
Oct 31, 2013
Sold by
Dave & Chris Llc
Bought by
Marlee Enterprises Llc
Seller's Agent
Jeffrey Kakos
HANGING GARDENS REAL ESTATE LLC
Buyer's Agent
Jeffrey Kakos
HANGING GARDENS REAL ESTATE LLC
List Price
$650,000
Sold Price
$393,600
Premium/Discount to List
-$256,400
-39.45%

Purchase Details

Listed on
Aug 9, 2012
Closed on
Aug 9, 2012
Sold by
Ck Simnmons Investments Llc
Bought by
Dave & Chris Llc
Seller's Agent
Mark Lashbrook
Temporary Inactive Users
Buyer's Agent
Jeff Kakos
Hanging Gardens Real Estate LLC
List Price
$500,000
Sold Price
$346,000
Premium/Discount to List
-$154,000
-30.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%
Original Mortgage
$276,800
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2004
Sold by
Simmons Karen S and Simmons Charles D
Bought by
Ck Simmons Investments Llc
Source: Public Records

Range of Values:

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Average Value
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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
West Water Pines Llc -- None Available
Marlee Enterprises Llc $393,600 Liberty Title
Dave & Chris Llc $346,000 Huron Title Company
Ck Simmons Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dave & Chris Llc $276,800
Previous Owner Ck Simmons Investments Llc $682,500
Previous Owner Simmons Charles D $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2013 11/02/13 Sold $393,600 -39.4% $346 / Sq Ft
10/10/2013 10/10/13 Pending -- -- --
09/24/2013 09/24/13 For Sale $650,000 +87.9% $571 / Sq Ft
08/09/2012 08/09/12 Sold $346,000 -30.8% $22 / Sq Ft
08/09/2012 08/09/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $500,000 -- $31 / 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
2025 $10,701 $463,800 $0 $0
2024 $10,701 $498,100 $0 $0
2023 $10,032 $419,800 $0 $0
2022 $14,018 $366,700 $0 $0
2021 $13,021 $336,500 $0 $0
2020 $13,021 $335,600 $10,300 $325,300
2019 $12,779 $286,900 $0 $0
2018 $12,479 $286,900 $0 $0
2016 $8,360 $257,100 $0 $0
2015 -- $243,100 $21,500 $221,600
2014 -- $230,400 $21,500 $208,900
2013 -- $312,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jeffrey Kakos

    HANGING GARDENS REAL ESTATE LLC

  • M

    Seller's Agent in 2012

    Mark Lashbrook

    Temporary Inactive Users

  • Jeff Kakos

    Buyer's Agent in 2012

    Jeff Kakos

    Hanging Gardens Real Estate LLC

    (810) 434-8005

    22 in this area

    291 Total Sales

    Jeff Kakos
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31167096

Michigan Multiple Listing Service

APN: 28-032-3005-000

Michigan St. Clair County Port Huron 48060

3758 W Water St, Port Huron, MI

This home is located at 3758 W Water St, Port Huron, MI 48060 since 24 September 2013 and is currently estimated at $582,068, approximately $511 per square foot. This property was built in 1998. 3758 W Water St is a home located in St. Clair County with nearby schools including Michigamme Elementary School, Central Middle School, and Port Huron High School.

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Michigan Multiple Listing Service Source MLS: MiRealSource
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