NOT LISTED FOR SALE

402 E Mcarthur St Corunna, MI 48817

Estimated Value: $145,355 - $182,000

4 Beds
2 Baths
1,344 Sq Ft
$125/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $60,000 $45 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,182/month

1 Day on Market

Highlights

  • 1-Story Property
  • Baseboard Heating
  • 3-minute walk to Louise Peacock Elementary School

About This Home

As of January 2020

Great opportunity to live in one side and rent the other in this side-by-side duplex. Nice location and income potential!

Last Listed By

Kori Shook

Kori Shook & Associates License #FAAR-125623 Listed on: 01/01/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,935

Year Built

  • Built in 1971

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 120x86

Interior Spaces

  • 1-Story Property
  • Block Basement Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 026-22-020-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,935

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Year Built: 1971
  • Mail City: Corunna
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement Type: Block
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1344

Exterior Features

  • Construction: Aluminum
  • Frontage: 120
  • Foundation Type: Crawl
  • Roads: Paved Street

Utilities

  • Water: Public Water
  • Fuel Type: Electric
  • Heating System: Baseboard
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 026-22-020-000
  • Lot Dimensions: 120x86
  • Acreage: 0.21
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,276.00
  • Winter Tax: Amount: $1,271.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Corunna Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Hendricks Capital Holdings Llc
Bought by
Morris Allyson
Total Days on Market
1
Current Estimated Value
$168,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Outstanding Balance
$118,440
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$40,550

Purchase Details

Closed on
May 5, 2005
Sold by
Morel George A
Bought by
Cooper Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 29, 2005
Sold by
Moiles David O and Moiles Judy K
Bought by
Morel George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Similar Home in Corunna, MI

  • 119 N Bachus St, Corunna, MI 48817

    $159,900

    • 5 Beds
    • 2.5 Baths
    • 2,600 Sq Ft
    • 119 N Bachus St
    • Corunna, MI

    Nice duplex with great income potential! The larger unit is 3 beds, 1.5 baths with a huge family room and is currently vacant- move right in! The second unit is 2 beds, 1 bath and has a current tenant. Separately metered for gas/electric/water and sewer. Owner currently pays water/sewer, while tenant pays gas/electric. Updates include: Electrical service panels in 2021, furnaces and a/c in 2021,

    Kori Shook Kori Shook & Associates

    Section Image

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
Morris Allyson $125,000 None Listed On Document
Cooper Mary M $85,000 --
Morel George A $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Allyson $118,750
Previous Owner Cooper Mary M $59,900
Closed Cooper Mary M $25,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Sold $60,000 0.0% $45 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
01/01/2020 01/01/20 For Sale $60,000 -- $45 / 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
2024 $2,935 $57,900 $0 $0
2023 $1,401 $53,500 $0 $0
2022 $1,338 $49,600 $0 $0
2021 $2,923 $45,600 $0 $0
2020 $1,844 $43,100 $0 $0
2019 $1,726 $30,500 $0 $0
2018 $1,780 $29,800 $0 $0
2017 $2,557 $30,700 $0 $0
2016 -- $30,700 $0 $0
2015 -- $29,100 $0 $0
2014 $9 $27,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50018931

Michigan Multiple Listing Service

APN: 026-22-020-000