$130,000
SOLD DEC 6, 2019

388 3rd St Manistee, MI 49660

4 Beds
3 Baths
1,900 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

48 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Entrance Foyer
  • Vaulted Ceiling
  • Forced Air Heating and Cooling System
  • Satellite Dish

About This Home

As of August 2021

Well-maintained 3 unit rental property in a great location. Property was a single-family home years ago, and was converted into 3 units (a 2 bedroom on the main level, and two 1 bedroom apartments upstairs). Currently the landlord pays the heat bill (natural gas), water and trash. Tenants pay their own electric. There are no washer/dryer units on site per landlord's choice, however there is availability for a set in the basement. This is a great investment opportunity for someone looking to expand their rental portfolio.

Last Agent to Sell the Property

Emily Waddell

Coldwell Banker Schmidt-Cadillac License #6501390439 Listed on: 10/18/2019

Coldwell Banker Schmidt-Cadillac

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,341

Year Built

  • Built in 1970

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 121 x 42
  • The community has rules related to zoning restrictions

Home Design

  • Triplex
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Fire and Smoke Detector
  • Oven or Range

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Satellite Dish

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash removal, heating/cooling, water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,341

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Triplex
  • Style: 2 Story, Apartment
  • Estimated Year Built: 1970
  • Construction: Frame
  • Section Number: 12
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1970

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Electric Water Heater, Smoke Alarms
  • Interior Amenities: Vaulted Ceilings, Foyer Entrance
  • Price Per Sq Ft: 68.42
  • Range: R 17W
  • Total Finished Sf Apx: 1900

Exterior Features

  • Exterior Features: Deck, Sidewalk, Porch, Covered Porch
  • Exterior Finish: Wood
  • Foundation: Poured Concrete
  • Number Of Acres: 0.11
  • Road: Blacktop
  • Roof: Asphalt

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Dish Tv
  • Water: Municipal
  • Heating Cooling Type: Forced Air

Schools

  • School District: Manistee Area Schools

Lot Info

  • Lot Dimensions: 121 x 42
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Multi-Family

Rental Info

  • Included In Lease: Trash Removal, Heating/Cooling, Water, Sewer

Tax Info

  • Total Taxes: 2341
  • Year Summer: 2018

Multi Family

  • Total Number Units: 3

MLS Schools

  • School District: Manistee Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 13, 2021
Sold by
Bottrell Noah
Bought by
Wilson Stuart Francisco
Seller's Agent
Em Vincent
RE/MAX Bayshore Manistee
Buyer's Agent
Em Vincent
RE/MAX Bayshore Manistee
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$226,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,541
Avg. Annual Appreciation
9.41%

Purchase Details

Listed on
Oct 18, 2019
Closed on
Dec 6, 2019
Sold by
Stanley Guenther
Bought by
Bottrell Noah
Seller's Agent
Emily Waddell
Coldwell Banker Schmidt-Cadillac
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.87%

Purchase Details

Closed on
Mar 1, 1999
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $175,000 --
Grant Deed $130,000 --
Warranty Deed $74,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $175,000 0.0% --
07/15/2021 07/15/21 For Sale $175,000 +34.6% --
12/06/2019 12/06/19 Sold $130,000 +0.1% $68 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $129,900 -- $68 / 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 $4,911 $107,400 $0 $0
2024 $2,765 $90,500 $0 $0
2023 $2,661 $83,700 $0 $0
2022 $4,385 $71,200 $71,200 $0
2021 $3,211 $61,700 $61,700 $0
2020 $3,038 $51,200 $51,200 $0
2019 $2,389 $43,200 $43,200 $0
2018 $2,341 $39,900 $39,900 $0
2017 $2,293 $38,300 $38,300 $0
2016 $1,399 $38,700 $38,700 $0
2015 -- $37,000 $37,000 $0
2014 -- $43,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1868674

Northern Great Lakes REALTORS® MLS

APN: 51-574-712-06