NOT LISTED FOR SALE

417 W Oak St Unit 417419 Mason, MI 48854

Estimated Value: $210,000 - $238,000

4 Beds
1 Bath
2,142 Sq Ft
$102/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $153,000 $71 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,212/month

144 Days on Market

Highlights

  • Covered patio or porch
  • 8 Car Detached Garage
  • Heating Available

About This Home

As of November 2019

What a find with this great income producing duplex with lots of curb appeal and walking distance to downtown Mason. This side-by-side duplex rents at a very modest $750 per side and is fully occupied at this time. Each unit has 2 bedrooms,nice sized living, lots of parking, a nice sun room, and a one-car garage bay to park in per side. Nice-sized wrap-around driveway which leaves private parking for both sides. Overall the place is in good condition. Nice curb appeal. Don't miss out on your opportunity.

Last Listed By

Matthew Bunn

Century 21 Affiliated License #6501323381 Listed on: 06/07/2019

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 99x148.50

Parking

  • 8 Car Detached Garage

Home Design

  • Bi-Level Home
  • Aluminum Siding

Interior Spaces

  • 2,142 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Outdoor Features

  • Covered patio or porch

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $18,000

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $750
  • New Taxes Expense $4,314
  • Net Operating Income $12,936

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Gross Rent: 18000.0
  • Net Income: 12936.0
  • Tax Year: 2019
  • Misc Business Info Overall Building Siz: 2142
  • Year Built: 1967
  • Lot Size Acres: 0.34
  • Lot Size: 99x148.50
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2142.0
  • Architectural Style: Bi-Level
  • General Property Info:Lot Size Dimensions: 99x148.50
  • General Property Info:Above Grade Finished Area: 2142.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style:Bi-Level: Yes
  • Heating Other2: Yes
  • Tax Info:Taxes2: 4314.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Unit 1
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Electric Water Heater2: Yes
  • Annual Inc Expense:Insurance4: 750.0
  • Annual Inc Expense:Tax Expense2: 4314.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Other
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes

Exterior Features

  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Detached
  • Attached Garage: No
  • Parking Features:Detached: Yes
  • Misc Business Info:_pound_ Parking: 8
  • General Property Info:Parking Total: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes

Schools

  • Junior High Dist: Mason

Lot Info

  • Lot Size Sq Ft: 14723.28
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Nov 26, 2019
Sold by
Lantis Bruce E and Lantis Jody L
Bought by
Putman Nicole K
Seller's Agent
Matthew Bunn
Century 21 Affiliated
Buyer's Agent
Connie Ferguson
Howard Hanna Real Estate Executives
List Price
$174,900
Sold Price
$153,000
Premium/Discount to List
-$21,900
-12.52%
Total Days on Market
144
Current Estimated Value
$217,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,960
Avg. Annual Appreciation
6.98%
Original Mortgage
$150,228
Outstanding Balance
$134,775
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$86,416

Purchase Details

Closed on
May 4, 2016
Sold by
Lantis Bruce E and Lantis Jody L
Bought by
Lantis Bruce E and Lantis Jody L

Purchase Details

Closed on
Apr 24, 2012
Sold by
Hopkins Nicholas V and Hopkins Robert
Bought by
Lantis Bruce E and Lantis Jody L

Purchase Details

Closed on
Jan 20, 2006
Sold by
Hoitenga Carl and Hoitenga Frances L
Bought by
Hopkins Nicholas and Hopkins Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,720
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 1, 2005
Sold by
Hoitenga Carl and Hoitenga Frances L
Bought by
Hoitenga Carl and Hoitenga Frances L

Purchase Details

Closed on
Feb 14, 2002
Sold by
Hoitenga Frances L
Bought by
Hoitenga Carl and Hoitenga Frances L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 1997
Sold by
Bowers Dwight and Bowers Laura
Bought by
Hoitenga Carl A and Hoitenga Frances L

Purchase Details

Closed on
Jan 21, 1993
Sold by
Hoitenga Frances

Purchase Details

Closed on
Feb 7, 1986
Sold by
Edward Grobe

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
Putman Nicole K $153,000 None Available
Lantis Bruce E -- None Available
Lantis Bruce E $130,000 Bell Title Company
Hopkins Nicholas $135,900 Fatic
Hoitenga Carl -- None Available
Hoitenga Carl -- --
Frances L Hoitenga Trust -- --
Hoitenga Carl A -- --
-- $85,500 --
-- $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Putman Nicole K $150,228
Previous Owner Hopkins Nicholas $108,720
Previous Owner Hoitenga Carl $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $153,000 -4.3% $71 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
09/30/2019 09/30/19 Price Changed $159,900 -8.6% $75 / Sq Ft
06/07/2019 06/07/19 For Sale $174,900 -- $82 / Sq Ft
Source: Greater Lansing 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
2024 $42 $92,810 $36,310 $56,500
2023 $5,066 $82,420 $29,510 $52,910
2022 $4,832 $72,060 $30,990 $41,070
2021 $4,690 $70,310 $30,990 $39,320
2020 $4,678 $70,310 $30,990 $39,320
2019 $4,400 $68,940 $30,990 $37,950
2018 $4,313 $74,840 $28,610 $46,230
2017 $3,996 $74,840 $28,610 $46,230
2016 -- $55,900 $14,300 $41,600
2015 -- $55,240 $28,606 $26,634
2014 -- $56,010 $38,142 $17,868
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 237386

Greater Lansing Association of Realtors®

APN: 19-10-08-252-003