NOT LISTED FOR SALE

406 Gregory Terrace Decatur, MI 49045

Estimated Value: $235,000 - $606,000

Studio
1 Bath
-- Sq Ft
0.49 Acre Lot

Sale Details

Date Sold: May 13, 2022

Last sale price $165,000

Est. 155% increase in value since last sale

Current estimated payment $2,491 / mo

173 Days on Market

About This Home

As of May 2022

Beautiful 2 unit duplex on a gorgeous lot 1 block for Lake of the Woods and 2 blocks to Decatur High School Campus. Tenant occupied and great rental history. Note: Listings 21115098, 21115096 and 21096892 are available as a package price. Call listing agent.

Last Agent to Sell the Property

Mark Gale

Gale Realty, LLC License #6502357979 Listed on: 04/21/2022

Last Buyer's Agent

Brian McDonald

RE/MAX Executive License #6502426295

RE/MAX Executive

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1998

Lot Details

  • 0.49

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Utilities

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

Additional Features

  • Crawl Space
  • 21,430 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1998

Lot Details

0.49 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1998
  • General Property Info:Basement: No
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: Cable Available, Natural Gas Available, Public Sewer, Public Water
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 179900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Natural Gas Available
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air

Lot Info

  • Lot Size Acres: 0.492
  • Lot Size Area: 0.49
  • Lot Size Sq Ft: 21430.0

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number of Units Total: 2

Tax Info

  • 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

Listed on
Apr 21, 2022
Closed on
May 19, 2022
Sold by
Bought by
Seller's Agent
Mark Gale
Gale Realty, LLC
Buyer's Agent
Brian McDonald
RE/MAX Executive
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Current Estimated Value
$420,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,622
Avg. Annual Appreciation
25.16%
Original Mortgage
$116,250
Interest Rate
0.051%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2003
Sold by
Bought by

Purchase Details

Closed on
Jan 20, 1998
Sold by
Bought by
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

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
$165,000 Devries Brian T
-- --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $116,250
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
05/13/2022 05/13/22 Sold $165,000 -8.3% --
05/05/2022 05/05/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $179,900 0.0% --
03/09/2022 03/09/22 Pending -- -- --
03/01/2022 03/01/22 For Sale -- -- --
11/21/2021 11/21/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $179,900 -- --
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
2025 $2,382 $304,800 $0 $0
2024 $2,311 $279,500 $0 $0
2023 $6,652 $249,300 $0 $0
2022 $4,038 $94,300 $0 $0
2021 $3,669 $82,800 $10,100 $72,700
2020 $3,697 $67,500 $10,100 $57,400
2019 $3,493 $60,100 $60,100 $0
2018 $3,420 $57,000 $57,000 $0
2017 $3,328 $50,900 $0 $0
2016 $3,296 $50,800 $0 $0
2015 $1,496 $50,800 $0 $0
2014 $1,526 $48,700 $0 $0
2013 -- $51,400 $51,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21115096

MichRIC

APN: 80-43-050-006-00

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