NOT LISTED FOR SALE

3993 U S 12 Clinton, MI 49236

Estimated Value: $246,000 - $312,000

Studio
4 Baths
2,840 Sq Ft
$95/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $166,000 $58 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,901/month

8 Days on Market

About This Home

As of August 2020

Exceptional investment/income opportunity! Fully renovated and rented duplex. Duplex features two spacious updated 2-3 bedroom apartments with long-standing, good tenants. Plenty of parking. Plus storage units! Priced to sell! Great location!

Last Agent to Sell the Property

Mark Riggle

RE/MAX IRISH HILLS REALTY License #6501168133 Listed on: 05/29/2020

RE/MAX IRISH HILLS REALTY

Last Buyer's Agent

Shaney Gorrell

Your Premiere Properties LLC License #6502432743

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 1980

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 620x208
  • Corner Lot

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • The owner pays for trash collection

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $391
  • Net Operating Income $3,851

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,699

Year Built

Built in 1980

Lot Details

2 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Partial, Slab

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 159900.0
  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront Features: Other
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Acres: 2.0
  • Lot Size Area: 2.0
  • Lot Dimensions: 620X208

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Gross Income: 391.0
  • Net Operating Income: 3851.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2699.3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Oct 2, 2020
Sold by
Bearce David and Bearce Karen
Bought by
Us 12 Storage Llc
Seller's Agent
Mark Riggle
RE/MAX IRISH HILLS REALTY
Buyer's Agent
Shaney Gorrell
Your Premiere Properties LLC
Sold Price
$166,000
Current Estimated Value
$268,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,986
Avg. Annual Appreciation
9.14%
Original Mortgage
$132,800
Outstanding Balance
$106,180
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$162,806

Purchase Details

Listed on
May 29, 2020
Closed on
Aug 18, 2020
Sold by
Thomas S Fisher Ret
Bought by
Bearce David and Bearce Karen
Seller's Agent
Mark Riggle
RE/MAX IRISH HILLS REALTY
Buyer's Agent
Shaney Gorrell
Your Premiere Properties LLC
Sold Price
$166,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Outstanding Balance
$106,180
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$162,806

Purchase Details

Closed on
Mar 17, 2003
Bought by
Fisher, Thomas F, Revoc Trust
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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Purchase History

Date Buyer Sale Price Title Company
Us 12 Storage Llc -- None Available
Bearce David $166,000 Misc Company
Fisher, Thomas F, Revoc Trust $80,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bearce David $132,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2020 08/18/20 Sold $166,000 -- $58 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
Source: MichRIC

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 $6,178 $126,300 $0 $0
2024 $15 $130,800 $0 $0
2022 $3,735 $84,000 $0 $0
2021 $3,705 $81,200 $0 $0
2020 $2,553 $129,100 $0 $0
2019 $157,800 $54,200 $0 $0
2018 $2,478 $10,000 $0 $0
2017 $2,347 $10,000 $0 $0
2016 $2,343 $10,000 $0 $0
2014 -- $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Riggle

    Seller's Agent in 2020

    Mark Riggle

    RE/MAX Michigan

    (517) 467-3003

    303 Total Sales

    Mark Riggle
    Section Image

  • S

    Buyer's Agent in 2020

    Shaney Gorrell

    Your Premiere Properties LLC

    (517) 474-1298

    60 Total Sales

    Shaney Gorrell
    Section Image
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Map

Source: MichRIC

MLS Number: 21034667

MichRIC

APN: FR0-103-1000-00

Michigan Lenawee County Clinton 48158

3993 U S 12, Clinton, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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