NOT LISTED FOR SALE

422 W Burr Oak Athens, MI 49011

Estimated Value: $146,000 - $236,000

-- Bed
-- Bath
-- Sq Ft
1 Acres

Last Sold December 19, 2022

Last sale price $117,500

Est. 61% increase in value since last sale

Current estimated payment $1,300/month

20 Days on Market

About This Home

As of December 2022

Calling all investors to this large 2-unit property priced to sell. This large Historical house offers 2 great size units with the whole bottom level offering the 3-bedroom, 1 bath with beautiful wood floors large kitchen and dinning area, full Michigan basement with laundry hook up and a fantastic front porch. Upstairs is the 2 bedrooms, 1 bath unit that offers great size bedrooms and beautiful wood floors. The large yard is fantastic and has a great storage barn/detached garage. There is plenty of parking for both units in separate driveways. At this time tenants would like to stay so you could have income right away. ALL LISTING INFORMATION INCLUDING ANY MEASUREMENTS TO BE VERIFIED BY BUYER

Last Agent to Sell the Property

Crystal Heivilin

Century 21 Affiliated License #6501380871 Listed on: 09/22/2022

Century 21 Affiliated

Last Buyer's Agent

Chip Spranger

RE/MAX Perrett Associates License #6506040636

RE/MAX Perrett Associates

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 1880

Lot Details

  • 1

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Septic System

Additional Features

  • Michigan Basement
  • 1 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas
  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,001

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 126000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Public Water
  • Water Source: Public

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2001.15
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Dec 19, 2022
Sold by
Minor Christina J
Bought by
Hunt Theodore and Hunt Rachel
Seller's Agent
Crystal Heivilin
Century 21 Affiliated
Buyer's Agent
Chip Spranger
RE/MAX Perrett Associates
List Price
$126,000
Sold Price
$117,500
Premium/Discount to List
-$8,500
-6.75%
Total Days on Market
20
Views
9
Current Estimated Value
$188,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,128
Avg. Annual Appreciation
15.29%
Original Mortgage
$88,125
Outstanding Balance
$78,329
Interest Rate
5.98%
Mortgage Type
New Conventional
Estimated Equity
$93,469

Purchase Details

Closed on
Mar 9, 2018
Sold by
Applegate Neil E and Applegate Sharon K
Bought by
Minor Christina J

Purchase Details

Closed on
Mar 8, 1993
Sold by
Henckel Terry and Henckel Kevin
Bought by
Applegate Neil E and Applegate Sharon K
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
Hunt Theodore $117,500 Elevate Title Agency
Minor Christina J $80,000 --
Neil E Applegate And Sharon K Applegate Revoc -- --
Minor Christina J $500 None Available
Applegate Neil E $22,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neil E Applegate And Sharon K Applegate Revoc $88,125
Closed Minor Christina J $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $117,500 -6.7% --
09/22/2022 09/22/22 For Sale $126,000 -- --
Source: Southwestern Michigan 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
2025 $3,269 $94,900 $0 $0
2024 $2,151 $72,400 $0 $0
2023 $2,151 $63,400 $0 $0
2022 $511 $53,800 $0 $0
2021 $1,588 $50,200 $0 $0
2020 $488 $47,100 $0 $0
2019 $0 $41,700 $0 $0
2018 $0 $39,700 $9,000 $30,700
2017 $0 $38,500 $0 $0
2016 $0 $37,500 $0 $0
2015 -- $40,200 $16,375 $23,825
2014 -- $41,000 $16,375 $24,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22040786

Southwestern Michigan Association of REALTORS®

APN: 41-028-017-01