NOT LISTED FOR SALE

409 N Arnold St Mount Pleasant, MI 48858

Estimated Value: $167,000 - $172,000

4 Beds
2 Baths
1,422 Sq Ft
$120/Sq Ft Est. Value

Last Sold June 08, 2014

Last sale price $82,000 $58 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,242/month

307 Days on Market

About This Home

As of June 2014

Great opportunity to live in one side and cover mortgage or rent out both sides for some passive income. Located in nice location north of downtown, but within walking distance of all the amenities downtown and Mission have to offer. Currently rents for $595 and $575. Both units are 2 beds/1 bath, one is upstairs, one downstairs, michigan basement. Current leases run through July/August of 2014. Tenants pay all utilities.

Last Agent to Sell the Property

Keith Cotter

DOUGLAS DAY PROPERTY GROUP Listed on: 07/25/2013

Last Buyer's Agent

Brandon LaBelle

LABELLE REALTY LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 52x138.6
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,422 Sq Ft Home
  • 2-Story Property
  • Michigan Basement
  • Oven or Range

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Net Operating Income $10,427

Listing and Financial Details

  • Rent includes exterior maintenance, snow removal

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (2 Story)
  • Style: 2 Story, Duplex
  • Estimated Year Built: 1909
  • Construction: Frame
  • Section Number: 17
  • Year Updated: 1980
  • Year Renovated: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1909

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Price Per Sq Ft: 57.67
  • Range: R 4W
  • Total Finished Sf Apx: 1422

Exterior Features

  • Exterior Features: Porch
  • Exterior Finish: Vinyl Siding
  • Foundation: Michigan Basement
  • Number Of Acres: 0.17
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv
  • Water: Municipal
  • Heating Cooling Type: Forced Air

Schools

  • School District: Mount Pleasant City School District

Lot Info

  • Lot Dimensions: 52x138.6
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Multi-Family

Rental Info

  • Included In Lease: Exterior Maintenance, Snow Removal

Tax Info

  • Summer Taxes: 2294
  • Total Taxes: 3013
  • Winter Taxes: 718
  • Year Summer: 2012
  • Year Winter: 2012

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Mount Pleasant City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2005
Bought by
Mcfadden Seamus and Mcfadden Cha
Current Estimated Value
$174,944
Source: Public Records

Range of Values:

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Average Value
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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
Mcfadden Seamus $107,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2014 06/08/14 Sold $82,000 -8.9% $58 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
07/25/2013 07/25/13 For Sale $90,000 -- $63 / Sq Ft
Source: Northern Great Lakes REALTORS® 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
2024 $3,315 $60,400 $0 $0
2023 $3,315 $55,200 $0 $0
2021 $775 $55,200 $0 $0
2020 $680 $49,400 $0 $0
2019 $2,219 $47,000 $0 $0
2017 $2,858 $45,500 $0 $0
2016 $2,839 $45,200 $0 $0
2015 $9,025,640 $47,500 $0 $0
2014 -- $46,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1749405

Northern Great Lakes REALTORS® MLS

APN: 17-000-08-515-00