NOT LISTED FOR SALE

Estimated Value: $111,000 - $148,797

1 Bed
2.5 Baths
2,519 Sq Ft
$50/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $113,000 $45 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $809/month

101 Days on Market

About This Home

As of May 2024

Take advantage of this ideal investment opportunity. This duplex is low maintenance and Unit 2 is already occupied ($750/mo). The spacious four-bedroom Unit 1 is ready to rent out (& was previously rented out at $1500/mo). Seller is willing to secure new tenant for Unit 1 if wanted. Several updates have already been taken care of for you, including paint, and kitchen & bathroom updates. Both units have separate utilities. This duplex is a lucrative investment opportunity for discerning investors.

Last Agent to Sell the Property

Jeffrey Hedberg

Help-U-Sell Real Estate Masters Listed on: 01/06/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1898 | Remodeled in 2023

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 62.00 x 101.20

Home Design

  • Duplex
  • Block Foundation

Interior Spaces

  • 2,519 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 74065800028000
  • $3,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Rathfon & Percival's Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,781

Year Built

Built in 1898 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 168.00
  • Year Built: 1898
  • State Equalized Value: 38800.0000
  • Year Renovated: 2023
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2519
  • Total Sq Ft: 2519
  • Sq Ft Total Bsmt: 1334

Exterior Features

  • Foundation Details: Basement, Michigan Basement
  • Foundation Materials: Block
  • Road Frontage Type: Paved
  • Sideof Street: W

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Port Huron

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 62.00 x 101.20
  • Parcel Number: 74065800028000
  • Zoning: Residential

Rental Info

  • Rent Includes: Heat, Electric
  • Monthly Rental Income: 2298

Tax Info

  • Tax Amount Summer: 1654.0000
  • Tax Amount Winter: 127.0000
  • Total Tax: 1781.0000
  • Taxable Value: 27007.0000

Multi Family

  • Gross Scheduled Income: 27576.00
  • Number Of Units Total: 2
  • Number of Four Bedroom Units: 1
  • Number of One Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Port Huron

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
May 16, 2024
Sold by
Jtr Holdings I Llc
Bought by
Foster Benjamin David
Seller's Agent
Jeffrey Hedberg
Help-U-Sell Real Estate Masters
Buyer's Agent
Jeffrey Hedberg
Help-U-Sell Real Estate Masters
List Price
$109,900
Sold Price
$113,000
Premium/Discount to List
$3,100
2.82%
Views
152
Current Estimated Value
$124,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,949
Avg. Annual Appreciation
3.00%
Original Mortgage
$96,050
Outstanding Balance
$95,175
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$21,562

Purchase Details

Closed on
Feb 25, 2020
Sold by
Karin L Langolf Revocable Trust and Langolf Karin L
Bought by
Jtr Holdings I Llc

Purchase Details

Closed on
Feb 10, 2020
Sold by
Karin L Langolf Revocable Trust
Bought by
Jtr Holdings I Llc

Purchase Details

Closed on
Nov 14, 2005
Sold by
Langolf Steven R and Langolf Karin L
Bought by
Langolf Karin L and Karin L Langolf Revocable Trust
Source: Public Records

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Range of Values:

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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
Foster Benjamin David $113,000 None Listed On Document
Jtr Holdings I Llc $43,500 None Listed On Document
Jtr Holdings I Llc -- --
Langolf Karin L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Benjamin David $96,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $113,000 -1.7% $45 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
03/22/2024 03/22/24 Price Changed $114,900 +4.5% $46 / Sq Ft
01/06/2024 01/06/24 For Sale $109,900 -- $44 / 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
2024 $1,359 $44,800 $0 $0
2023 $1,654 $38,800 $0 $0
2022 $1,641 $29,600 $0 $0
2021 $1,677 $24,900 $0 $0
2020 $881 $26,200 $26,200 $0
2019 $999 $18,600 $0 $0
2018 $846 $18,600 $0 $0
2017 $778 $13,000 $0 $0
2016 $681 $13,000 $0 $0
2015 $705 $12,600 $12,600 $0
2014 $705 $13,100 $13,100 $0
2013 -- $13,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240001151

Realcomp

APN: 06-580-0028-000