NOT LISTED FOR SALE

Estimated Value: $174,000 - $196,000

4 Beds
2 Baths
-- Sq Ft
8,189 Sq Ft Lot

Last Sold April 12, 2024

Last sale price $180,000

Est. 4% increase in value since last sale

Current estimated payment $1,247/month

5 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 4 Car Garage
  • High Speed Internet

About This Home

As of April 2024

Explore this beautifully remodeled duplex in the charming town of Parchment, MI! This fantastic investment opportunity features two spacious units, each thoughtfully updated for modern living.
Each unit has 1 large bedroom and 1 full bathroom, a bright and airy living room & spacious kitchen. Enjoy private outdoor space perfect for relaxing or entertaining. Both units showcase fresh paint, new flooring throughout, updated fixtures, and ample natural light flooding in. Additional highlights include separate utility meters, storage, off-street parking, and a convenient location near local shops, restaurants, schools, major commuting roads and MORE! Whether you're looking to live in one unit and rent out the other, or add to your investment portfolio, this remodeled duplex is a must-see!

Last Agent to Sell the Property

Angela Worth

Bellabay Realty (North) License #6506048923 Listed on: 02/29/2024

Bellabay Realty (North)

Co-Listed By

Neil DeMeester

Bellabay Realty LLC

Last Buyer's Agent

Missy Alkema

M2 Real Estate Collective License #6501452923

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,202

Year Built

  • Built in 1950

Lot Details

  • 8,189 Sq Ft Lot
  • Lot Dimensions are 62x132

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,202

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1950
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 124.93
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 62x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R-T RES
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Extras:Sep Gas Meter: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 179900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 62x132
  • Lot Size Sq Ft: 8189.0
  • Zoning Description: R-T RES

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4201.89
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 12, 2024
Sold by
Holdridge Stephanie A
Bought by
Wills Trevor and Wills Anna
Seller's Agent
Angela Worth
Bellabay Realty (North)
Buyer's Agent
Missy Alkema
M2 Real Estate Collective
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%
Views
43
Current Estimated Value
$187,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,341
Avg. Annual Appreciation
1.50%
Original Mortgage
$153,000
Outstanding Balance
$150,714
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$34,162

Purchase Details

Listed on
Oct 31, 2019
Closed on
Jan 7, 2020
Sold by
Degoede John P
Bought by
Holdridge Stephanie A
Seller's Agent
Jeff Lee
Berkshire Hathaway HomeServices MI
Buyer's Agent
Kerry Fischer
Five Star Real Estate
List Price
$109,907
Sold Price
$105,000
Premium/Discount to List
-$4,907
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.49%
Original Mortgage
$99,750
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wills Trevor $180,000 Lighthouse Title
Holdridge Stephanie A $105,000 Chicago Title Of Mi Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wills Trevor $153,000
Previous Owner Holdridge Stephanie A $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2024 04/12/24 Sold $180,000 +0.1% --
03/06/2024 03/06/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $179,900 +71.3% --
01/08/2020 01/08/20 Sold $105,000 -4.5% -- View Prior Sale
10/31/2019 10/31/19 For Sale $109,907 -- --
10/30/2019 10/30/19 Pending -- -- --
Source: MichRIC

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 $3,281 $79,200 $0 $0
2024 $3,037 $77,000 $0 $0
2023 $3,833 $71,700 $0 $0
2022 $3,995 $66,900 $0 $0
2021 $3,883 $62,500 $0 $0
2020 $2,738 $61,900 $0 $0
2019 $3,018 $43,500 $0 $0
2018 $2,930 $43,700 $0 $0
2017 -- $43,700 $0 $0
2016 -- $42,949 $0 $0
2015 -- $41,664 $0 $0
2014 -- $40,423 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24008858

MichRIC

APN: 06-02-110-060