NOT LISTED FOR SALE

403 E Cayuga St Bellaire, MI 49615

Estimated Value: $243,000 - $411,000

3 Beds
3 Baths
1,460 Sq Ft
$212/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $252,500 $173 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,000/month

176 Days on Market

About This Home

As of April 2024

Renovated Bellaire Village duplex located within 3 blocks from downtown and all it has to offer. This property opens itself to multiple uses (income rental, retail, business office, residential, etc). Features include att garage, newer roof, windows, flooring and more. Deep lot stretches from road to back alley. Units currently rented on month to month basis. Each unit is separately metered. Great investment opportunity in prime location.

Last Agent to Sell the Property

Walt Mann

REO - Bellaire Listed on: 10/10/2023

REO - Bellaire

Last Buyer's Agent

Bill Gareiss

Keller Williams - Northern Michigan

Keller Williams - Northern Michigan

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 10,019

Home Design

  • Duplex
  • Asphalt Shingled Roof

Interior Spaces

  • 1,460 Sq Ft Home
  • Crawl Space
  • Range

Location

  • Ground Level

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • Assessor Parcel Number 05-041-010-046-10

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multifamily
  • Type 2: Duplex
  • Estimated Year Built: 1950
  • Lvt Date: 10/10/2023
  • Section: 19
  • Second Address Number: 403
  • Directions: 4 blocks East of Bridge Street on E Cayuga
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Features: Cable, Range, Refrigerator
  • Basement: Crawl
  • Total Sq Ft: 1460
  • Above Grade Finished Sq Ft: 1460

Exterior Features

  • Roof: Asphalt Shingles
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas, Forced Air, Electric
  • Sewer: City
  • Water: City
  • Number Electric Meters: 2

Schools

  • School District: Bellaire

Lot Info

  • Zoning: Multi family, Commercial

Tax Info

  • Assessor Parcel Number: 05-041-010-046-10

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Mar 25, 2024
Sold by
North Country Investments Llc
Bought by
Sutherland Hunter
Seller's Agent
Walt Mann
REO - Bellaire
Buyer's Agent
Bill Gareiss
Keller Williams - Northern Michigan
List Price
$264,500
Sold Price
$252,500
Premium/Discount to List
-$12,000
-4.54%
Views
134
Current Estimated Value
$309,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,536
Avg. Annual Appreciation
12.16%
Original Mortgage
$247,926
Outstanding Balance
$243,693
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$65,343

Purchase Details

Closed on
Sep 29, 2015
Sold by
Mdf Investments Llc and Trembley Brook Christine
Bought by
Guy Maurice L and Livi Carol

Purchase Details

Closed on
Sep 16, 2008
Bought by
Guy Maurice L and Guy Carol
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
Sutherland Hunter $252,500 Attorney Only
Guy Maurice L -- None Available
Guy Maurice L $100 --
Guy Maurice L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutherland Hunter $247,926
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2024 04/03/24 Sold $252,500 -4.5% $173 / Sq Ft
10/10/2023 10/10/23 For Sale $264,500 -- $181 / Sq Ft
Source: Northern Michigan MLS

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 $4,604 $93,600 $0 $0
2024 $21 $88,400 $0 $0
2023 $2,055 $81,700 $0 $0
2022 $2,283 $52,100 $0 $0
2021 $1,589 $48,500 $0 $0
2020 $827 $45,300 $0 $0
2019 $2,119 $41,100 $0 $0
2018 $2,069 $41,400 $0 $0
2017 $2,027 $36,500 $0 $0
2016 $1,790 $34,900 $0 $0
2015 -- $32,700 $0 $0
2014 -- $35,300 $0 $0
2013 -- $31,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Walt Mann

    Seller's Agent in 2024

    Walt Mann

    REO - Bellaire

    (231) 676-0680

    166 Total Sales

    Walt Mann
    Section Image

  • B

    Buyer's Agent in 2024

    Bill Gareiss

    Keller Williams - Northern Michigan

    (231) 947-8200

    45 Total Sales

    Bill Gareiss
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 472443

Northern Michigan MLS

APN: 05-41-010-046-10

Michigan Antrim County Bellaire 49615

403 E Cayuga St, Bellaire, MI

Not Listed for Sale

MultiFamily

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