NOT LISTED FOR SALE

3780 E Millbrook Rd Mount Pleasant, MI 48858

Estimated Value: $117,777 - $235,000

11 Beds
6 Baths
4,150 Sq Ft
$44/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $125,000 $30 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $997/month

98 Days on Market

Highlights

  • Countryside Views
  • Ranch Style House
  • Shed
  • Winn Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

This 2-acre property in the Shepherd School District houses a diverse mix of residences, offering both traditional and manufactured living spaces with considerable income potential. Here’s a brief overview: 1. Single-Wide Manufactured Homes: - A 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit. The smaller unit is currently rented. 2. Double-Wide Manufactured Home: - A larger 3-bedroom, 2-bath home set on a foundation. This unit is also currently rented. 3. Traditional-Built Home: - A 3-bedroom, 1-bath house on a crawl space. This unit is vacant. With two of the homes currently rented and two vacant, there's immediate income and potential for more through renovation and leasing. Though work is needed on the homes, the investment opportunity is ripe, promising both rental income and the possibility of value appreciation in a nice location. Close to Mt. Pleasant and Shepherd. Buyer/Buyer's Agent to verify all measurements/data

Last Agent to Sell the Property

Robin Stressman

PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES License #6502409992 Listed on: 04/11/2024

Last Buyer's Agent

Linda Clouse

Keller Williams of NM Signature Group License #6501446238

Keller Williams of NM Signature Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 266 x 336
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Asphalt Roof
  • Metal Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 4,150 Sq Ft Home
  • Countryside Views
  • Crawl Space
  • Oven or Range

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Style: Manufactured/Single Wide, Manufactured/Double Wide, Ranch, 1 Story
  • Estimated Year Built: 1974
  • Construction: Frame, Manufactured/Hud, Mobile Pre-1976
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1974

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer, Electric Water Heater
  • Interior Amenities: Fixer-Upper
  • Main Floor Primary: Yes
  • Range: R 4W
  • Total Finished Sf Apx: 4150

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Countryside View
  • Exterior Finish: Aluminum Siding, Vinyl Siding
  • Foundation: Crawl Space, Piers
  • Number Of Acres: 2
  • Road: Public Maintained, Gravel
  • Roof: Asphalt, Metal

Utilities

  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well
  • Heating Cooling Type: Forced Air

Lot Info

  • Assessment: Yes
  • Lot Dimensions: 266 x 336
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 939.19
  • Total Taxes: 3282.02
  • Winter Taxes: 2,342.83
  • Year Winter: 2023

Multi Family

  • Total Number Units: 4

MLS Schools

  • School District: Shepherd Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Aug 16, 2024
Sold by
Henkes Donald E
Bought by
Zeneberg Craig
Seller's Agent
Robin Stressman
PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
Buyer's Agent
Linda Clouse
Keller Williams of NM Signature Group
List Price
$200,000
Sold Price
$125,000
Premium/Discount to List
-$75,000
-37.5%
Views
177
Current Estimated Value
$183,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,926
Avg. Annual Appreciation
32.84%
Source: Public Records

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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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
Zeneberg Craig $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $125,000 -37.5% $30 / Sq Ft
04/11/2024 04/11/24 For Sale $200,000 -- $48 / 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 $403 $52,800 $0 $0
2024 $403 $50,200 $0 $0
2023 $403 $47,300 $0 $0
2022 $1,479 $42,300 $0 $0
2021 $1,479 $37,200 $0 $0
2020 $1,460 $32,100 $0 $0
2019 $1,422 $32,000 $0 $0
2017 $1,252 $31,000 $0 $0
2016 $1,275 $30,500 $0 $0
2015 $7,075,110 $31,600 $0 $0
2014 -- $30,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1921050

Northern Great Lakes REALTORS® MLS

APN: 10-003-20-006-00