NOT LISTED FOR SALE

409 Chippewa St Ontonagon, MI 49953

Estimated Value: $98,880 - $155,000

-- Bed
-- Bath
1,920 Sq Ft
$71/Sq Ft Est. Value

Last Sold April 06, 2012

Last sale price $23,000 $12 Per Sq Ft

Est. 490% increase in value since last sale

Current estimated payment $811/month

70 Days on Market

About This Home

As of April 2012

Income producing property. If you are looking for an investment property this could be the one for you. It is a two-story, two-unit, apartment building. Rent both units out, or reside in one and utilize the other for additional income. The seller is HIGHLY motivated so take a look before it is gone. At this price you could have it paid for in no time. The current renters have been in the building for over 2 years, each with great rental history.

Last Agent to Sell the Property

Donny Domitrovich

DOMITROVICH REALTY, INC License #UPAR Listed on: 01/18/2012

Last Buyer's Agent

Karen Lahti

RE/MAX DOUGLASS R.E.-H License #UPAR

RE/MAX DOUGLASS R.E.-H

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,099

Year Built

  • Built in 1979

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 50x100

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4140800500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,099

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1979
  • Mail City: Ontonagon
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 1920

Utilities

  • Water: Public Water
  • Cooling System: Window Unit(s)
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 4140800500
  • Lot Dimensions: 50x100
  • Acreage: 0.5
  • Geo Subdivision: MI

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ontonagon Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2014
Sold by
Kaczmarczyk Stanislaw and Kaczmarczyk Kazimiera
Bought by
Olszewski Jacek and Olszewski Urszula
Current Estimated Value
$135,627

Purchase Details

Listed on
Jan 18, 2012
Closed on
Apr 5, 2012
Sold by
Kaczmarczyk Stanislaw
Bought by
Kaczmarczyk Stanislaw and Kaczmarczyk Kazimiera
Seller's Agent
Donny Domitrovich
DOMITROVICH REALTY, INC
Buyer's Agent
Karen Lahti
RE/MAX DOUGLASS R.E.-H
List Price
$25,900
Sold Price
$23,000
Premium/Discount to List
-$2,900
-11.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.02%

Purchase Details

Closed on
Jul 21, 2009
Sold by
Secretary Of Veterans Affairs
Bought by
Tucker Shannon

Purchase Details

Closed on
Jul 2, 2008
Sold by
Good John C Per Rep For James A

Purchase Details

Closed on
Dec 1, 2003
Sold by
Voyce Thomas M and Voyce Frances H
Bought by
Good James A
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
Olszewski Jacek -- --
Kaczmarczyk Stanislaw -- --
Kaczmarczyk Stanislaw $23,000 --
Tucker Shannon $21,900 --
-- -- --
Good James A $37,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2012 04/06/12 Sold $23,000 -11.2% $12 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $25,900 -- $13 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $1,099 $58,350 $0 $0
2024 $361 $52,350 $0 $0
2023 $758 $37,900 $0 $0
2022 $721 $32,900 $0 $0
2021 $970 $28,800 $0 $0
2020 $862 $25,550 $0 $0
2019 $630 $24,850 $0 $0
2018 -- $22,550 $0 $0
2017 -- $21,200 $0 $0
2016 -- $20,400 $0 $0
2015 -- $19,150 $0 $0
2014 -- $19,150 $0 $0
2013 -- $19,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071117

Upper Peninsula Association of REALTORS®

APN: 41-408-005-00