NOT LISTED FOR SALE

42644 Wilson Memorial Dr Chassell, MI 49916

Estimated Value: $146,100 - $200,000

-- Bed
2 Baths
1,352 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $49,000 $36 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $1,019/month

110 Days on Market

Highlights

  • Shed
  • Forced Air Heating System
  • Wood Siding
  • 1-Story Property

About This Home

As of October 2016

PRICE REDUCED!!! Investors: Turn-Key Rental! This Chassell Duplex set on 1/2 acre lot is a perfect addition for your investment portfolio or an excellent opportunity to start one! Both units have a strong rental history and are currently tenant occupied. Generating $800 in monthly income plus an annual income from leasing the billboard. Unit 1 is approx. 615 sq. ft., one bedroom, 1 bath, open living room, dining room and kitchen, currently rented for $350. Unit 2 is approx. 650 sq. ft., two bedrooms, 1 bath, open living room, dining room and kitchen, washer/dryer hookups and currently rented for $450. Tenants pay all utilities. Buy today, profit tomorrow!

Last Agent to Sell the Property

Donna Kemppainen

RE/MAX DOUGLASS R.E.-H License #UPAR Listed on: 04/22/2016

Last Buyer's Agent

Diann Michaelson

STATE WIDE OF HOUGHTON License #UPAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,565

Lot Details

  • 0.5

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating System
  • Internet Available

Additional Features

  • 1-Story Property
  • Shed
  • 0.5 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 003-132-043-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,565

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Sub Structure Types: Shed
  • Total Tax Year: 2015
  • Year Built: 19
  • Mail City: Chassell
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Estimated Sq Ft: 1352

Exterior Features

  • Construction: Wood
  • Lake Name: Portage Lake
  • Foundation Type: Crawl

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 003-132-043-00
  • Lot Dimensions: will update
  • Acreage: 0.5
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2015

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Chassell Twp School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2016
Closed on
Oct 19, 2016
Sold by
Paterson Wade M
Bought by
Jacobson John
Seller's Agent
Donna Kemppainen
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Diann Michaelson
STATE WIDE OF HOUGHTON
List Price
$60,000
Sold Price
$49,000
Premium/Discount to List
-$11,000
-18.33%
Current Estimated Value
$168,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,367
Avg. Annual Appreciation
15.40%
Original Mortgage
$36,750
Outstanding Balance
$17,464
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$157,811
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
Jacobson John $49,000 Copper Range Abs & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobson John $36,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2016 10/26/16 Sold $49,000 -18.3% $36 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $60,000 -- $44 / Sq Ft
Source: Upper Peninsula 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 $1,565 $62,600 $0 $0
2024 $1,474 $53,700 $0 $0
2023 $1,175 $44,300 $0 $0
2022 $1,404 $39,600 $0 $0
2021 $1,454 $39,700 $0 $0
2020 $1,483 $38,600 $0 $0
2019 $1,482 $37,200 $0 $0
2018 $1,431 $30,500 $0 $0
2017 $1,790 $36,600 $0 $0
2016 -- $35,900 $0 $0
2015 -- $35,900 $0 $0
2014 -- $37,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Donna Kemppainen

    RE/MAX DOUGLASS R.E.-H

  • D

    Buyer's Agent in 2016

    Diann Michaelson

    STATE WIDE OF HOUGHTON

See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071815

Upper Peninsula Association of REALTORS®

APN: 003-132-043-00

Michigan Houghton County Chassell 49916

42644 Wilson Memorial Dr, Chassell, MI

This home is located at 42644 Wilson Memorial Dr, Chassell, MI 49916 since 22 April 2016 and is currently estimated at $168,367, approximately $124 per square foot. 42644 Wilson Memorial Dr is a home located in Houghton County with nearby schools including Chassell Township School and Copper Country Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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