NOT LISTED FOR SALE

422 Rawson St Dundee, MI 48131

Estimated Value: $162,000 - $621,000

6 Beds
3 Baths
2,860 Sq Ft
$137/Sq Ft Est. Value

Last Sold January 12, 2015

Last sale price $163,800 $57 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,217/month

70 Days on Market

Highlights

  • 0.69 Acre Lot
  • Fireplace
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Attached Garage

About This Home

As of January 2015

Huge side by side duplex in the village of Dundee. Great investment opportunity with the ability to live in one side and supplement your income from renting other unit. Both sides feature 3 bedrooms, attached garage, huge yard, all appliances and open floor plan. Owner suite adds a huge addition on back with a master suite and vaulted ceilings in living room. Sliding glass door leads out to 30x15 deck and private back yard. Smaller unit currently rented at $800/month.

Last Agent to Sell the Property

Michael Begeman

Key Realty One LLC - Ida License #MCAR-6501320982 Listed on: 09/03/2014

Last Buyer's Agent

Nmls Nmls

Non-MLS Member License #MCAR-2753

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1981

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 126 x 239
  • Corner Lot

Parking

  • Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Schools

  • Dundee Elementary School
  • Dundee High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 42 040 461 00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,228

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Year Built: 1981
  • Mail City: Dundee
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Estimated Sq Ft: 2860

Exterior Features

  • Construction: Brick, Vinyl Siding
  • Foundation Type: Crawl

Garage/Parking

  • Garage Type: Attached Garage
  • Parking: Garage

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Schools

  • Elementary School: DUNDEE
  • High School: DUNDEE

Lot Info

  • Assessor Parcel Number: 42 040 461 00
  • Location: Corner Lot
  • Lot Dimensions: 126 x 239
  • Acreage: 0.69
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Snow Removal, Trash Removal
  • Lease Information: Lease Term 1-2 Years

Tax Info

  • Summer Tax: Amount: $953.40
  • Winter Tax: Amount: $2,274.69
  • Total Tax: Amount: $3,228.09

Multi Family

  • Total Units: 2

MLS Schools

  • Elementary School: DUNDEE
  • School District: Dundee Community Schools
  • HighSchool: DUNDEE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2014
Closed on
Jan 5, 2015
Sold by
Karner Joan and Karner Harold L
Bought by
Robinson Terry
Seller's Agent
Michael Begeman
Key Realty One LLC - Ida
Buyer's Agent
Nmls Nmls
Non-MLS Member
List Price
$199,900
Sold Price
$163,800
Premium/Discount to List
-$36,100
-18.06%
Total Days on Market
70
Current Estimated Value
$391,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,700
Avg. Annual Appreciation
8.75%
Original Mortgage
$167,321
Outstanding Balance
$130,467
Interest Rate
3.94%
Mortgage Type
VA
Estimated Equity
$261,033

Purchase Details

Closed on
Jul 8, 2013
Sold by
Monroe Bank & Trust
Bought by
Dundee Castings Company

Purchase Details

Closed on
Dec 21, 1995
Sold by
Burkart Gordon C
Bought by
Joan Harold L and Joan Karner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.28%
Mortgage Type
New Conventional
Source: Public Records

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
Robinson Terry $163,800 First American Title Ins Co
Dundee Castings Company $301,927 --
Joan Harold L $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Terry L $167,321
Previous Owner Joan Harold L $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2015 01/12/15 Sold $163,800 -18.1% $57 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $199,900 -- $70 / 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
2024 $229 $26,950 $0 $0
2023 $111 $19,570 $0 $0
2022 $193 $19,570 $0 $0
2021 $516 $18,870 $0 $0
2020 $509 $8,740 $0 $0
2019 $181 $8,740 $0 $0
2018 $501 $8,740 $0 $0
2017 $492 $8,740 $0 $0
2016 $406 $8,740 $0 $0
2015 $171 $9,610 $0 $0
2014 $441 $9,610 $0 $0
2013 $97 $9,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 20420038

Michigan Multiple Listing Service

APN: 42-040-462-00