NOT LISTED FOR SALE

421 E Spruce St Sault Sainte Marie, MI 49783

Estimated Value: $114,398 - $190,000

4 Beds
2 Baths
841 Sq Ft
$179/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $43,500 $52 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $969/month

About This Home

As of July 2018

Duplex ~ Now Available for Sale ~ A 2-Bedroom, 1-Bath Unit on the Main Floor and a 1-Bedroom, 1-Bath Unit on the 2nd Floor. Two separate meters serve the units with tenants paying for electricity, trash and the owner paying for the heat & water/sewer. Updates include: newer windows, insulation, electrical and an energy efficient furnace installed in 2016. This duplex has a great history of occupancy throughout the years with the present owners with a trend of long term tenants on the main floor and short term tenants in the upper level so if you are in the market for an investment property with ample parking this may just be the perfect fit. Call today for your private showing before this priced to sell unit slips away!

Last Agent to Sell the Property

LEANNE MARLOW

CENTURY 21 Advantage Plus License #6506043485 Listed on: 07/02/2018

Last Buyer's Agent

Kip Cline

RE/MAX NorthStar Realty License #6501406914

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 841 Sq Ft Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 841 Sq Ft Home
  • 2-Story Property
  • Basement

Community Details

  • 2 Units
  • Insurance Expense $390

Listing and Financial Details

  • The owner pays for applies all units, gas, water
  • Assessor Parcel Number 051-298-008-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Construction: Frame
  • Directions: North on Ashmun then East on East Spruce to sign on the North side of the street (Between Kimball & Johnston).
  • Listing Member Name: LEANNE MARLOW
  • Listing Office Short Id: 002
  • Prop. Type: B
  • Co Selling Member Short Id: 914
  • Selling Office Short Id: 089
  • Tax Year: 2017
  • Master Plan Zoning: R2
  • Year Built: 1900
  • Annual Heat Expense: 1032.00
  • Annual Insurance Expense: 390.00
  • Annual Maintenance Expense: 500.00
  • Net Income: 9970.00
  • Insulation: Blown In
  • Number Of Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Source of Sq Ft: Assessor
  • Other Tax Parcel ID: 051-298-008-00
  • Total Finished Sq Ft: 841.00

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 4-Vehicles
  • Parking Features:Workshop in Garage: No

Utilities

  • Utilities: One Meter
  • Water and Sewer: City Sewer, City Water

Schools

  • School District: Sault Ste Marie
  • Junior High Dist: Sault Ste Marie
  • Elem School Dist Number: 421

Lot Info

  • Lot Size: 45' x 135'
  • Homestead: No
  • Lot Sq Ft: 841.00

Rental Info

  • Lease V: 30000.00
  • Util Pd By Owner: Applies All Units, Gas, Water

Tax Info

  • Taxable Value: 20725.00

Multi Family

  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Jul 2, 2018
Sold by
Blaskowski David A
Bought by
Cline Kip A and Cline Avery R
Seller's Agent
LEANNE MARLOW
CENTURY 21 Advantage Plus
Buyer's Agent
Kip Cline
RE/MAX NorthStar Realty
Sold Price
$43,500
Current Estimated Value
$150,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,850
Avg. Annual Appreciation
18.55%
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
Cline Kip A $43,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2018 07/02/18 Sold $43,500 -- $52 / Sq Ft
Source: Fayette-Nicholas Board 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
2025 $2,051 $43,100 $0 $0
2024 $1,533 $41,900 $0 $0
2023 $1,898 $38,400 $0 $0
2022 $1,898 $32,200 $0 $0
2021 $1,822 $31,300 $0 $0
2020 $1,791 $29,100 $0 $0
2019 $1,756 $28,300 $0 $0
2018 $1,265 $30,000 $0 $0
2017 $927 $29,700 $0 $0
2016 $916 $28,800 $0 $0
2011 $821 $22,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    LEANNE MARLOW

    CENTURY 21 Advantage Plus

  • K

    Buyer's Agent in 2018

    Kip Cline

    RE/MAX NorthStar Realty

See All Agents

Map

Source: Fayette-Nicholas Board of REALTORS®

MLS Number: 18-735

APN: 051-298-008-00

Michigan Chippewa County Sault Sainte Marie 49783

421 E Spruce St, Sault Sainte Marie, MI

This home is located at 421 E Spruce St, Sault Sainte Marie, MI 49783 since 02 July 2018 and is currently estimated at $150,350, approximately $178 per square foot. This property was built in 1900. 421 E Spruce St is a home located in Chippewa County with nearby schools including Lincoln School, Sault Area Middle School, and Sault Area High School.

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