$119,900
SOLD OCT 1, 2024

401 Madison St Caro, MI 48723

3 Beds
4 Baths
2,000 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

23 Days on Market

Highlights

  • Colonial Architecture
  • Laundry Facilities
  • 2-minute walk to Caro Recreation Department
  • Forced Air Heating System

About This Home

As of October 2024

4 unit quadruplex, 1 studio apartment, 3- 1 bedroom units 2 up 2 down. All in fair condition each comes with range and refrigerator, their is a laundry room all have access to. These are coin operated.Seller says dry basement and building seems very solid.

Last Agent to Sell the Property

Paul Coulter

Realty Executives Main St LLC License #6501267690 Listed on: 08/23/2024

Realty Executives Main St LLC

Last Buyer's Agent

Nathan Ptaszenski

Motivated Real Estate License #6501448069

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 100x66x100x66

Home Design

  • Quadruplex
  • Colonial Architecture
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 2,000 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 050500605010000

Community Details

Overview

  • 4 Units
  • W E Shermans Add Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,809

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 9999
  • State Equalized Value: 57100.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2000
  • Total Sq Ft: 2000

Exterior Features

  • Foundation Details: Michigan Basement
  • Construction Materials: Aluminum, Vinyl
  • Foundation Materials: Stone
  • Frontage Feet: 166
  • Road Frontage Type: Paved
  • Sideof Street: E

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Fee Information

  • Operating Expense: 4000.00

Schools

  • School District: Caro

Lot Info

  • Lot Size Area: 0.15
  • Lot Dimensions: 100x66x100x66
  • Parcel Number: 050500605010000
  • Zoning: Residential

Rental Info

  • Rent Includes: Heat, Electric, Water/Sewer, Water
  • Monthly Rental Income: 2330

Tax Info

  • Tax Amount Summer: 785.0000
  • Tax Amount Winter: 1024.0000
  • Total Tax: 1809.0000
  • Taxable Value: 29791.0000

Multi Family

  • Gross Scheduled Income: 28000.00
  • Number Of Units Total: 4
  • Number of Efficiency Units: 1
  • Number of One Bedroom Units: 3
  • Number Of Units Leased: 3

MLS Schools

  • School District: Caro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Oct 1, 2024
Sold by
Ward Ronald B
Bought by
Ptaszenski Nathan W and Ptaszenski Nicole R
Seller's Agent
Paul Coulter
Realty Executives Main St LLC
Buyer's Agent
Nathan Ptaszenski
Motivated Real Estate
List Price
$119,900
Sold Price
$119,900
Views
24
Current Estimated Value
$129,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,726
Avg. Annual Appreciation
10.38%
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 $119,900 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $119,900 0.0% $60 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $119,900 -- $60 / Sq Ft
Source: Realcomp

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 $1,852 $52,900 $0 $0
2024 $1,852 $57,100 $0 $0
2023 $1,771 $52,300 $0 $0
2022 $1,688 $40,400 $0 $0
2021 $1,634 $35,300 $0 $0
2020 $1,612 $34,400 $0 $0
2019 $1,580 $31,700 $0 $0
2018 $1,547 $31,400 $0 $0
2017 $1,515 $28,300 $0 $0
2016 $1,469 $24,000 $0 $0
2015 $8 $25,400 $0 $0
2014 $8 $23,900 $0 $0
2013 $8 $23,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240062611

Realcomp

APN: 050-500-605-0100-00