NOT LISTED FOR SALE

3930 Smith Rd Lambertville, MI 48144

Estimated Value: $275,000 - $328,000

4 Beds
4 Baths
2,180 Sq Ft
$138/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $285,000 $131 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,677/month

24 Days on Market

Highlights

  • 4 Car Attached Garage
  • En-Suite Primary Bedroom
  • Forced Air Heating and Cooling System
  • Walk-In Closet

About This Home

As of October 2023

This is an amazing investment opportunity, an updated duplex/rental in Bedford School Disctrict. The units have been vacated to allow the new owner to pick its tenants and set its rate. When the units were rented, they rented for $1200/month, comparable units in the area currently rent for more. With a very appealong floor plan, 2 car attached garage, and large yard, this property will be one of the easiest rentals to fill in the area. Add it to your portfolio today!

Last Agent to Sell the Property

Emanuel Evola

The Danberry Company - Temperance License #MCAR-6502388845 Listed on: 08/25/2023

Last Buyer's Agent

Jacob Steenrod

Serenity Realty LLC License #MCAR-6501439362

Serenity Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 2000

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 87 x 246

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Gas Water Heater
  • Septic Tank
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5802-031-086-10

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,342

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 4341.8
  • Year Built: 2000
  • Mail City: Lambertville
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Walk-In Closet
  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 4
  • Bathroom Description: Master Bedroom Bath
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Source of Sq Ft: Public Records

Exterior Features

  • Construction: Brick, Vinyl Siding
  • Frontage: 87
  • Foundation Type: Crawl

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Spaces: 4

Utilities

  • Water: Private Well
  • Water Heater: Gas
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Septic

Lot Info

  • Assessments: Yes
  • Assessor Parcel Number: 5802-031-086-10
  • Lot Dimensions: 87 x 246
  • Acreage: 0.51
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,096.70
  • Winter Tax: Year: 2022, Amount: $3,245.10
  • Total Tax: Amount: $4,341.80

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Bedford Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Oct 24, 2023
Sold by
Ghh Properties Llc
Bought by
Shah Hardik and Shah Kanan
Seller's Agent
Emanuel Evola
The Danberry Company - Temperance
Buyer's Agent
Jacob Steenrod
Serenity Realty LLC
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Views
135
Current Estimated Value
$299,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,769
Avg. Annual Appreciation
2.34%
Original Mortgage
$213,750
Outstanding Balance
$209,400
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$90,369

Purchase Details

Closed on
Dec 4, 2017
Sold by
Nagy Steven K
Bought by
Ghh Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shah Hardik $285,000 None Listed On Document
Ghh Properties Llc $200,000 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Hardik $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2023 10/24/23 Sold $285,000 -5.0% $131 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $299,900 0.0% $138 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $299,900 -- $138 / 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 $1,268 $125,100 $125,100 $0
2024 $1,230 $113,400 $0 $0
2023 $1,097 $97,700 $0 $0
2022 $4,290 $97,700 $0 $0
2021 $4,144 $93,200 $0 $0
2020 $4,382 $99,400 $0 $0
2019 $4,362 $99,400 $0 $0
2018 $4,101 $91,100 $0 $0
2017 $2,292 $91,100 $0 $0
2016 $2,268 $90,500 $0 $0
2015 $2,183 $74,900 $0 $0
2014 $2,183 $74,900 $0 $0
2013 $2,660 $74,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50120177

Michigan Multiple Listing Service

APN: 02-031-086-10