NOT LISTED FOR SALE

402 S Ravine St Sault Sainte Marie, MI 49783

Estimated Value: $132,085 - $232,000

4 Beds
3 Baths
2,800 Sq Ft
$64/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $25,000 $9 Per Sq Ft

Est. 615% increase in value since last sale

Current estimated payment $1,193/month

About This Home

As of October 2017

Triplex in the LSSU area, with a Great Rental History. Within Walking Distance to the University and Downtown. Unit 1 is a 2 Bedroom Potential Rent 575Unit 2 is a 2 Bedroom Potential Rent 550Unit 3 is a 1 Bedroom Potential Rent 410

Last Agent to Sell the Property

ANNA BONACCI SLATER

CENTURY 21 Advantage Plus Listed on: 10/20/2017

Last Buyer's Agent

ANNA BONACCI SLATER

CENTURY 21 Advantage Plus Listed on: 10/20/2017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,055

Year Built

1900

Lot Details

0

Listing Details

  • Construction: Frame, Masonry
  • Directions: Easterday to Pine, right on Pine to Ravine. (Bottom of Ravine Hill)
  • Listing Member Name: ANNA BONACCI SLATER
  • Prop. Type: B
  • Co Selling Member Short Id: 009
  • Selling Office Short Id: 002
  • Tax Year: 2016
  • Lot Description Waterfront: No
  • Master Plan Zoning: Residential
  • Year Built: 1900
  • Net Income: 15840.00
  • Insulation: unkown
  • Number Of Stories: Three or More
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Basement: Yes
  • Source of Sq Ft: Assessor
  • Other Tax Parcel ID: 051-221-010-00
  • Total Finished Sq Ft: 2800.00

Exterior Features

  • Water View: No
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 3 cars
  • Parking Features:Workshop in Garage: No

Utilities

  • Utilities: One Meter
  • Water and Sewer: City Sewer, City Water

Schools

  • Junior High Dist: Sault Ste Marie
  • Elem School Dist Number: 402

Lot Info

  • Lot Size: 73.5 x 100.8
  • Homestead: No
  • Lot Sq Ft: 2800.00

Rental Info

  • Lease V: 35300.00
  • Util Pd By Owner: Applies All Units, Electricity, Gas, Water

Tax Info

  • Taxable Value: 31976.00

Multi Family

  • Total Number Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Gardner Katrina M
Bought by
Cline Kip A
Current Estimated Value
$178,771

Purchase Details

Listed on
Oct 20, 2017
Closed on
Nov 15, 2017
Sold by
Central Savings Bank
Bought by
Gardner Katrina and Gardner Samuel
Seller's Agent
ANNA BONACCI SLATER
CENTURY 21 Advantage Plus
Buyer's Agent
ANNA BONACCI SLATER
CENTURY 21 Advantage Plus
Sold Price
$25,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.84%

Purchase Details

Closed on
Feb 15, 2017
Sold by
Stein Gerald and Stein Lois
Bought by
Central Savings Bank
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 Buyer Sale Price Title Company
Cline Kip A $20,000 --
Gardner Katrina $11,100 None Available
Central Savings Bank -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2017 10/20/17 Sold $25,000 -- $9 / Sq Ft

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 $3,055 $55,900 $0 $0
2024 $2,283 $49,600 $0 $0
2023 $3,901 $39,200 $0 $0
2022 $3,901 $34,800 $0 $0
2021 $1,767 $31,600 $0 $0
2020 $1,737 $29,700 $0 $0
2019 $1,703 $28,000 $0 $0
2018 $1,659 $26,800 $0 $0
2017 $1,460 $35,300 $0 $0
2016 $1,443 $34,500 $0 $0
2011 $1,626 $36,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    ANNA BONACCI SLATER

    CENTURY 21 Advantage Plus

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Map

Michigan Chippewa County Sault Sainte Marie 49783

402 S Ravine St, Sault Sainte Marie, MI

This home is located at 402 S Ravine St, Sault Sainte Marie, MI 49783 since 20 October 2017 and is currently estimated at $178,771, approximately $63 per square foot. This property was built in 1900. 402 S Ravine St is a home located in Chippewa County with nearby schools including Lincoln School, Sault Area Middle School, and Sault Area High School.

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