NOT LISTED FOR SALE

Estimated Value: $257,902

Studio
-- Bath
-- Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: January 27, 2022

Last sale price $158,000

Est. 63% increase in value since last sale

Current estimated payment $1,951 / mo

66 Days on Market

Highlights

  • Corner Lot
  • Property is near a preserve or public land
  • High Speed Internet
  • Cooling Available
  • Forced Air Heating System

About This Home

As of January 2022

Investment opportunity. Well cared for Triplex with Garage on large corner lot, large bedrooms, hardwood flooring throughout, full bathrooms, separated gas within walking distance to downtown and beaches. Upper unit is vacant and move in ready. Live in upper unit and rent out rest. Possible vacation rental. Seller is a License Realtor in state of Michigan

Last Agent to Sell the Property

Alan Pierce

Five Star Real Estate - Onekama License #6501435529 Listed on: 12/17/2021

Last Buyer's Agent

Michael Kruse

Essential Real Estate License #6501404936

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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,650

Year Built

  • Built in 1900

Lot Details

  • 11,406 Sq Ft Lot
  • Lot Dimensions are 186.99 x 61
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Window Unit Heating System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for electricity, sewer, trash collection, water

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Property is near a preserve or public land

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $150
  • Utility Expense $2,955
  • Operating Expense $4,305
  • Gross Income $27,300
  • Net Operating Income $22,995

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,650

Year Built

Built in 1900

Lot Details

0.26 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • General Property Info:Basement: Yes
  • Driveway:Driveway: Concrete
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: High Speed Internet, Cable Available, Electricity Available, Natural Gas Available, Public Sewer, Public Water, Storm Sewer, Phone Available
  • Extras:Extras: Garages, Sep Gas Meter, Tenant Storage
  • Lot Description:Lot Description: Adj. to Public Land, Corner Lot, Level, Sidewalk
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 179900.0
  • Lot Features: Adj. to Public Land, Corner Lot, Level, Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air, Wall Furnace
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air, Wall Furnace

Lot Info

  • Lot Size Acres: 0.2618
  • Lot Size Area: 0.26
  • Lot Dimensions: 186.99 x 61
  • Lot Size Sq Ft: 11406.0

Rental Info

  • Owner Pays: Electricity, Sewer, Trash Collection, Water
  • Tenant Pays: Gas

Multi Family

  • Gross Income: 27300.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 150.0
  • Net Operating Income: 22995.0
  • Number of Units Total: 3
  • Operating Expense: 4305.0

Tax Info

  • Tax Annual Amount: 2650.0
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2024
Sold by
Bought by
Current Estimated Value
$257,902

Purchase Details

Listed on
Dec 17, 2021
Closed on
Jan 27, 2022
Sold by
Bought by
Seller's Agent
Alan Pierce
Five Star Real Estate - Onekama
Buyer's Agent
Michael Kruse
Essential Real Estate
List Price
$179,900
Sold Price
$158,000
Premium/Discount to List
-$21,900
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.45%

Purchase Details

Listed on
Jul 25, 2016
Closed on
Mar 23, 2017
Sold by
Bought by
Seller's Agent
Nicole Smith
West Shore Rental Management
Buyer's Agent
Brenda Cronan
Coldwell Banker ALM REALTY
List Price
$96,000
Sold Price
$90,000
Premium/Discount to List
-$6,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%

Purchase Details

Closed on
Aug 1, 2008
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$225,000 --
$158,000 --
$90,000 --
$84,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2022 01/27/22 Sold $158,000 -12.2% --
10/15/2021 10/15/21 For Sale $179,900 +99.9% --
03/23/2017 03/23/17 Sold $90,000 -6.3% -- View Prior Sale
12/19/2016 12/19/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $96,000 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,412 $107,700 $0 $0
2025 $3,601 $103,000 $0 $0
2024 $25 $92,500 $0 $0
2023 $2,439 $68,500 $0 $0
2022 $3,412 $64,100 $64,100 $0
2021 $3,318 $60,000 $60,000 $0
2020 $3,139 $60,800 $60,800 $0
2019 $3,098 $56,200 $56,200 $0
2018 $3,036 $50,700 $50,700 $0
2017 $2,653 $46,300 $46,300 $0
2016 $1,588 $47,800 $47,800 $0
2015 -- $46,200 $46,200 $0
2014 -- $43,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21111111

MichRIC

APN: 51-374-737-01

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