$119,000
SOLD FEB 6, 2015
7 Beds
4 Baths
3,000 Sq Ft
0.34 Acres

Recently Sold

$40 Per Sq Ft

26% Below List Price

21 Days on Market

About This Home

As of February 2015

4 Unit Apartment building "PRICED TO SELL QUICK"! 3-2 bedroom units also 1-1 bedroom unit.$2120 total rent income per month (currently). Great Location near Metro Beach Park. Good cash flow opportunity. Live in one unit and let the other 3 pay your payment-almost live for FREE! Special financing available.

Last Agent to Sell the Property

Richard Landuyt

Coldwell Banker Professionals License #MISPE-6506043431 Listed on: 12/19/2014

Coldwell Banker Professionals

Last Buyer's Agent

Jeff Papsdorf

Michigan Homes Group Inc License #MISPE-6502333408

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,401

Year Built

  • Built in 1970

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 120x125

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 1216331040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,401

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Estimated Sq Ft: 3000

Exterior Features

  • Construction: Aluminum, Brick
  • Frontage: 120
  • Foundation Type: Crawl

Utilities

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

Lot Info

  • Assessor Parcel Number: 1216331040
  • Lot Dimensions: 120x125
  • Acreage: 0.34
  • Geo Subdivision: MI

Multi Family

  • Total Units: 4

MLS Schools

  • School District: L'anse Creuse Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Diesel Developments Llc
Bought by
Neal Jodi Lynn and Neal Jacqueline
Current Estimated Value
$390,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$247,621
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$134,516

Purchase Details

Listed on
Nov 7, 2021
Closed on
Dec 2, 2021
Sold by
Epstein Bryan
Bought by
Diesel Developments Llc
Seller's Agent
Bryan Epstein
National Realty Centers, Inc
Buyer's Agent
Bryan Epstein
National Realty Centers, Inc
Sold Price
$775

Purchase Details

Closed on
Jul 2, 2021
Sold by
Harrell Joey and Harrell Karen
Bought by
Epstein Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2014
Closed on
Feb 6, 2015
Sold by
Buffa Chester
Bought by
Harrell Joey and Harrell Karen
Seller's Agent
Richard Landuyt
Coldwell Banker Professionals
Buyer's Agent
Jeff Papsdorf
Michigan Homes Group Inc
List Price
$159,900
Sold Price
$119,000
Premium/Discount to List
-$40,900
-25.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%

Purchase Details

Listed on
Dec 19, 2014
Closed on
Feb 4, 2015
Sold by
Green Tamera L and Muzichuk Tamera L
Bought by
Green Louis
Seller's Agent
Richard Landuyt
Coldwell Banker Professionals
Buyer's Agent
Jeff Papsdorf
Michigan Homes Group Inc
List Price
$159,900
Sold Price
$119,000
Premium/Discount to List
-$40,900
-25.58%
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 Type Sale Price Title Company
Warranty Deed $340,000 Michigan Investment Title
Quit Claim Deed -- None Available
Warranty Deed $280,000 Michigan Investment Ttl Inc
Warranty Deed $119,000 None Available
Warranty Deed $220,000 None Available
Interfamily Deed Transfer -- Lynn Kruger Cislo Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 New Conventional
Previous Owner $210,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Rented $775 0.0% --
11/27/2021 11/27/21 Price Changed $775 -2.5% $1 / Sq Ft
11/07/2021 11/07/21 Price Changed $795 +2.6% $1 / Sq Ft
11/07/2021 11/07/21 For Rent $775 0.0% --
02/06/2015 02/06/15 Sold $119,000 -25.6% $40 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
12/19/2014 12/19/14 For Sale $159,900 -- $53 / 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 $7,401 $150,600 $0 $0
2024 $5,836 $143,000 $0 $0
2023 $5,555 $135,500 $0 $0
2022 $7,047 $135,500 $0 $0
2021 $6,246 $129,200 $0 $0
2020 $4,918 $127,200 $0 $0
2019 $5,874 $132,600 $0 $0
2018 $5,750 $118,200 $0 $0
2017 $5,552 $115,630 $19,440 $96,190
2016 $5,791 $115,630 $0 $0
2015 -- $108,590 $0 $0
2012 $2,990 $83,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31224182

Michigan Multiple Listing Service

APN: 17-12-16-331-040