NOT LISTED FOR SALE

415 W State St Corunna, MI 48817

Estimated Value: $131,000 - $247,000

6 Beds
3 Baths
2,268 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $109,900 $48 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,263/month

7 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • Wood Siding
  • Forced Air Heating System

About This Home

As of April 2022

Excellent investment opportunity! This 3-unit apartment building brings in $1500 per month in rent. All units are occupied and have a good pay history. Tenant in unit 1 handles lawn care and snow removal as a part of her rent so regular maintenance is kept to a minimum. Electric and gas are separate and paid by tenants. Water, sewer, and trash are paid by landlord and average $220 per month total. Estimated annual cap rate at the asking price is 9.8%. Call today for more information.

Last Agent to Sell the Property

Howie Ebenhoeh

Re/max TriCounty License #SBR-6501372204 Listed on: 03/08/2022

Re/max TriCounty

Last Buyer's Agent

Mickal Gabler

Keller Williams First License #SBR-6501339221

Keller Williams First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 102 x 145

Parking

  • 3 Car Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Basement
  • Michigan Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 261034003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,629

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Flood Insurance: Not Required
  • Total Tax Amount: 2628.79
  • Total Tax Year: 2020
  • Year Built: 1910
  • Mail City: Corunna
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 2268

Exterior Features

  • Construction: Wood
  • Exterior Features: Porch
  • Frontage: 102
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Ceiling Fan(s)
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 261034003
  • Lot Dimensions: 102 x 145
  • Acreage: 0.32
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes, Trash Removal, Water/Sewer

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,252.56
  • Winter Tax: Year: 2020, Amount: $1,376.23
  • Taxable Value: 48500
  • Total Tax: Year: 2020, Amount: $2,628.79
  • SEV Year: 2021

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Corunna Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2017
Closed on
Aug 27, 2020
Sold by
Mogg Enterprises
Bought by
Dougherty Heidi
Seller's Agent
Mike Selleck
RICHARD SELLECK AGENCY
List Price
$89,900
Sold Price
$79,900
Premium/Discount to List
-$10,000
-11.12%
Current Estimated Value
$176,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,906
Avg. Annual Appreciation
16.44%
Original Mortgage
$59,925
Outstanding Balance
$53,420
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$117,051

Purchase Details

Closed on
Jan 29, 2016
Sold by
Burdette E Alice M
Bought by
Peltier Jeffery
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
Dougherty Heidi $79,900 Ata National Title Group Llc
Peltier Jeffery $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dougherty Heidi $59,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $109,900 0.0% $48 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $109,900 +37.5% $48 / Sq Ft
08/27/2020 08/27/20 Sold $79,900 -11.1% $35 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $89,900 +12.5% $40 / Sq Ft
05/07/2020 05/07/20 Off Market $79,900 -- --
11/11/2017 11/11/17 For Sale $89,900 -- $40 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,597 $64,300 $0 $0
2024 $3,353 $62,200 $0 $0
2023 $1,571 $57,600 $0 $0
2022 $1,383 $53,300 $0 $0
2021 $2,857 $48,900 $0 $0
2020 $2,629 $46,300 $0 $0
2019 $2,538 $43,200 $0 $0
2018 $2,527 $42,200 $0 $0
2017 $2,455 $44,200 $0 $0
2016 -- $44,200 $0 $0
2015 -- $43,000 $0 $0
2014 $14 $41,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Howie Ebenhoeh

    Seller's Agent in 2022

    Howie Ebenhoeh

    RE/MAX Michigan

    (989) 845-4610

    4 in this area

    275 Total Sales

    Section Image

  • M

    Buyer's Agent in 2022

    Mickal Gabler

    Keller Williams First

    (248) 240-2424

    1 in this area

    29 Total Sales

    Section Image
  • Mike Selleck

    Seller's Agent in 2020

    Mike Selleck

    RICHARD SELLECK AGENCY

    (989) 725-2188

    15 in this area

    150 Total Sales

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50067567

Michigan Multiple Listing Service

APN: 026-10-034-003

Michigan Shiawassee County Corunna 48817

415 W State St, Corunna, MI

This home is located at 415 W State St, Corunna, MI 48817 since 08 March 2022 and is currently estimated at $170,471, approximately $75 per square foot. This property was built in 1910. 415 W State St is a home located in Shiawassee County with nearby schools including Corunna High School, St. Paul Catholic School, and St. Joseph School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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