NOT LISTED FOR SALE

421 E Spruce St Sault Sainte Marie, MI 49783

Sault Sainte Marie Area

Estimated Value: $97,000 - $167,000

4 Beds
2 Baths
841 Sq Ft
$152/Sq Ft Est. Value

Sale Details

Date Sold: July 2, 2018

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

Est. 193% increase in value since last sale

Current estimated payment $884 / mo

Highlights

  • Patio
  • Private Entrance
  • Carpet
  • Storage

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

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 841 Sq Ft Lot
  • Lot Dimensions are 45' x 135'
  • Private Entrance
  • Property is in good condition

Parking

  • 4 Car Parking Spaces

Home Design

  • Duplex
  • Frame Construction
  • Vinyl Siding

Interior Spaces

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

Outdoor Features

  • Patio

Utilities

  • Master Meter
  • Gas Available

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $390
  • Maintenance Expense $500
  • Water Sewer Expense $408
  • Gross Income $12,300
  • Net Operating Income $9,970

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

841 Sq Ft Lot

Listing Details

  • AbvGradeFinSqFt: 841.00
  • Annual Heat Expense: 1032.00
  • Annual Insurance Expense: 390.00
  • Annual Maintenance Expense: 500.00
  • AnnualExpensesWater: 408.00
  • Net Income: 9970.00
  • AnnualIncomeTotalGross: 12300.00
  • BlwGrdeUnfinSqFt: 343.50
  • Directions: North on Ashmun then East on East Spruce to sign on the North side of the street (Between Kimball & Johnston).
  • Homestead: No
  • Listing Member Name: LEANNE MARLOW
  • Number Of Stories: Two
  • OCCUPANCY: Tenant
  • Prop. Type: Multi-Family
  • RealtorCOM Type: Multi-Family
  • Selling Member Short Id: 914
  • Selling Office Short Id: 089
  • Lot Sq Ft: 841.00
  • OFFICELIST_STATE: MI
  • U1Features: Carpet, Com Outside Entrance, Extra Storage, Patio, Private Bath, Pvt Outside Entrance
  • U2Features: Carpet, Com Outside Entrance, Private Bath, Pvt Outside Entrance
  • Unit1AppliancesIncl: range, refrigerator
  • Unit2AppliancesIncl: range, refrigerator
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Yes
  • Insulation: Blown In
  • Source of Sq Ft: Assessor
  • Estimated Total Finished Sq Ft: 841.00
  • Basement Type: Duplex

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Vinyl
  • Property Condition: Good

Garage/Parking

  • Garage Spaces: No
  • Parking: 4-Vehicles

Utilities

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

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Taxes: 1256.05

Schools

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

Lot Info

  • Lot Size: 45' x 135'
  • Zoning: R2

Rental Info

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

Tax Info

  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Jul 2, 2018
Sold by
Bought by
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
$127,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,069
Avg. Annual Appreciation
14.22%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Sault Sainte Marie, MI

  • Tyler Snider Real Estate Agent - COLDWELL BANKER SCHMIDT - CEDARVILLE

    Tyler Snider

    COLDWELL BANKER SCHMIDT - CEDARVILLE

    (218) 395-7857

    19 Total Sales

    2 in Sault Sainte Marie

    $120,000 Price Range

    Tyler Snider
     Section Image
  • David Buckalew Real Estate Agent - COLDWELL BANKER SCHMIDT - CEDARVILLE

    David Buckalew

    COLDWELL BANKER SCHMIDT - CEDARVILLE

    (906) 298-9114

    167 Total Sales

    2 in Sault Sainte Marie

    $347,500 Price Range

    David Buckalew
     Section Image
  • David Gunnell Real Estate Agent - NORTHERN MICHIGAN LAND BROKERS

    David Gunnell

    NORTHERN MICHIGAN LAND BROKERS

    (906) 936-3854

    92 Total Sales

    1 in Sault Sainte Marie

    $97,000 Price

    David Gunnell
     Section Image
  • Tina Kabelman Real Estate Agent - Smith & Company Real Estate

    Tina Kabelman

    Smith & Company Real Estate

    (906) 748-6563

    123 Total Sales

    71 in Sault Sainte Marie

    $50K - $435K Price Range

    Tina Kabelman
     Section Image
  • Garth MacMaster Real Estate Agent - RE/MAX NorthStar Realty

    Garth MacMaster

    RE/MAX NorthStar Realty

    (906) 748-6985

    150 Total Sales

    137 in Sault Sainte Marie

    $10K - $630K Price Range

    Garth MacMaster
     Section Image
  • Sarah Jones Real Estate Agent - Key Realty One

    Sarah Jones

    Key Realty One

    (760) 253-8063

    84 Total Sales

    1 in Sault Sainte Marie

    $240,000 Price

    Sarah Jones
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$43,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/02/2018 07/02/18 Sold $43,500 -- $52 / Sq Ft
Source: Eastern Upper Peninsula Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,182 $48,300 $0 $0
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 Michigan

See All Agents

Map

Source: Eastern Upper Peninsula 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

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