$109,000
SOLD NOV 27, 2017

4122 Huron St North Branch, MI 48461

6 Beds
3 Baths
2,500 Sq Ft
0.35 Acres

Recently Sold

$44 Per Sq Ft

5% Below List Price

22 Days on Market

Highlights

  • Balcony
  • Forced Air Heating System
  • Ceiling Fan
  • Porch

About This Home

As of April 2022

Great Investment property on this great triplex in the heart of downtown North Branch. The owners have taken great pride in maintaining this home with updates including newer furnaces, newer roof, gutter guards and they ran a sewer line camera in the fall of 2015 which showed everything looking great!! North Branch village inspection agency passes on the home regularly. Each unit has it's own private entrance and the entry level units have access to the basement with plenty of storage for both units. Each unit has it's own separate water heaters ,meters and furnaces. It also features 6 parking spaces, central air, main level laundry and ceiling fans in both entry levels. Kitchen appliances stay with the home. One tenant has been in the home for 6 years and the other tenant over 1 year. One tenant is section 8.. The upper level is a one bedroom and is also tenanted. Don't pass this up... Pick up the phone and schedule your showing today!! 24 hour notice.

Last Agent to Sell the Property

Kimberly Kreiner

Michpro Realty LLC License #6501379173 Listed on: 09/22/2017

Last Buyer's Agent

Valarie Moore

Solutions Realty Group LLC License #6501356916

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 121x132x121x132

Home Design

  • Triplex
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Crawl Space

Parking

  • 6 Parking Spaces
  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Liquid Propane Gas Water Heater

Community Details

  • 3 Units
  • Village Of North Branch Henry Banker's Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04632300200
  • $6,540 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 2 Story
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2500
  • Total Sq Ft: 2500
  • Sq Ft Total Bsmt: 300

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Crawl
  • Construction Materials: Aluminum
  • Exterior Features: Lighting
  • Foundation Materials: Block, Stone
  • Frontage Feet: 121
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S

Garage/Parking

  • MF Parking: Assigned Spaces, On Street
  • Total Parking Spaces: 6

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Separate Meter
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: LP Gas/Propane
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: North Branch

Lot Info

  • List Price per Acre: 328571.4286
  • Lot Size Area: 0.35
  • Lot Dimensions: 121x132x121x132
  • Parcel Number: 04632300200
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1625

Tax Info

  • Tax Amount Summer: 1785.0000
  • Tax Amount Winter: 2594.0000
  • Total Tax: 4379.0000

Multi Family

  • Gross Scheduled Income: 19500.00
  • Number Of Units Total: 3
  • Number of One Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: North Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Apr 29, 2022
Sold by
James Bonner Cody and Lee Chelsea
Bought by
Sunflower Hill Llc
Seller's Agent
Rehne Voss
Coldwell Banker Professionals
Buyer's Agent
Cody Bonner
B & B Realty Solutions
List Price
$250,000
Sold Price
$155,000
Premium/Discount to List
-$95,000
-38%
Current Estimated Value
$197,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,438
Avg. Annual Appreciation
7.04%
Original Mortgage
$116,250
Outstanding Balance
$111,087
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$83,304

Purchase Details

Listed on
Sep 22, 2017
Closed on
Nov 27, 2017
Sold by
P & J Rental Props 1 Llc
Bought by
Mead Tatum M
Seller's Agent
Kimberly Kreiner
Michpro Realty LLC
Buyer's Agent
Valarie Moore
Solutions Realty Group LLC
List Price
$115,000
Sold Price
$109,000
Premium/Discount to List
-$6,000
-5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$107,025
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 6, 2002
Sold by
Patrick Janet
Bought by
P 7 J Rental Properties 1 Llc
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 Type Sale Price Title Company
Quit Claim Deed -- Cislo Title
Warranty Deed $155,000 Cislo Title
Warranty Deed $109,000 --
Warranty Deed $152,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $116,250 New Conventional
Previous Owner $107,025 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $155,000 -25.8% $62 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
01/10/2022 01/10/22 Price Changed $209,000 -2.8% $84 / Sq Ft
12/05/2021 12/05/21 Price Changed $215,000 -6.1% $86 / Sq Ft
11/16/2021 11/16/21 Price Changed $229,000 -8.4% $92 / Sq Ft
10/25/2021 10/25/21 For Sale $250,000 +129.4% $100 / Sq Ft
11/27/2017 11/27/17 Sold $109,000 -5.2% $44 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $115,000 -- $46 / Sq Ft
Source: Realcomp

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 $4,378 $108,100 $0 $0
2024 $2,189 $110,600 $0 $0
2023 $2,176 $90,900 $0 $0
2022 $4,101 $82,600 $0 $0
2021 $3,874 $79,500 $0 $0
2020 $3,829 $73,500 $0 $0
2019 $3,845 $72,400 $0 $0
2018 $3,520 $83,149 $83,149 $0
2017 $3,380 $86,000 $0 $0
2016 $720 $77,869 $77,869 $0
2015 -- $0 $0 $0
2014 -- $71,608 $71,608 $0
2013 -- $74,045 $74,045 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217085529

Realcomp

APN: 046-323-002-00