NOT LISTED FOR SALE

4270 Lapeer Rd Burton, MI 48509

Estimated Value: $180,000 - $240,000

6 Beds
4 Baths
3,942 Sq Ft
$55/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $134,500 $34 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,649/month

85 Days on Market

About This Home

As of September 2021

4 unit home that is fully rented out. Over $2000 in gross rent - tenant occupied

Last Agent to Sell the Property

Darren Petersi

Exclusive House of Real Estate License #6502432523 Listed on: 04/20/2021

Co-Listed By

April Elliott

Exclusive House of Real Estate License #6501429464

Last Buyer's Agent

Noelle Heller

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 132.00x300.00

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,942 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5915552034

Community Details

Overview

  • 3 Units
  • Suburban Homesites Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Assessment: 61.18
  • Year Built: 1932
  • State Equalized Value: 70500.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 3942
  • Total Sq Ft: 3942

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Foundation Materials: Block
  • Frontage Feet: 123
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Bentley

Lot Info

  • List Price per Acre: 164725.2700
  • Lot Size Area: 0.91
  • Lot Dimensions: 132.00X300.00
  • Parcel Number: 5915552034
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Heat, Electric, Water/Sewer, Water
  • Monthly Rental Income: 2075

Tax Info

  • Tax Amount Summer: 2864.0000
  • Tax Amount Winter: 1085.0000
  • Total Tax: 3949.0000
  • Taxable Value: 55535.0000

Multi Family

  • Gross Scheduled Income: 24900.00
  • Number Of Units Total: 3
  • Unit Count: 3
  • Number of One Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 3

MLS Schools

  • School District: Bentley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Mccall Sam and Martinez Mccall Altagracia
Bought by
Mccall Sam and Martinez Mccall Altagracia
Current Estimated Value
$215,955

Purchase Details

Listed on
Apr 20, 2021
Closed on
Oct 6, 2021
Sold by
Petrucha Russel and Petrucha Russ
Bought by
Mccall Sam and Martinez Mccall Altagracia
Seller's Agent
Darren Petersi
Exclusive House of Real Estate
Buyer's Agent
Noelle Heller
List Price
$149,900
Sold Price
$134,500
Premium/Discount to List
-$15,400
-10.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%
Original Mortgage
$100,875
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2021
Closed on
Sep 27, 2021
Sold by
Russel Petrucha
Bought by
Mccall Sam and Martinez-Mccall Altagracia
Seller's Agent
Darren Petersi
Exclusive House of Real Estate
Buyer's Agent
Noelle Heller
List Price
$149,900
Sold Price
$134,500
Premium/Discount to List
-$15,400
-10.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,875
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2000
Sold by
Shaw Eric V and Shaw Linda
Bought by
Petrucha Russ
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
Mccall Sam -- None Available
Mccall Sam $133,000 None Available
Mccall Sam $133,000 None Listed On Document
Petrucha Russ $84,850 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccall Sam $100,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $134,500 -10.3% $34 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $149,900 0.0% $38 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $149,900 0.0% $38 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $149,900 -- $38 / Sq Ft
Source: Realcomp

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 $5,988 $122,000 $0 $0
2024 $4,187 $110,000 $0 $0
2023 $4,057 $83,200 $0 $0
2022 $3,182 $82,600 $0 $0
2021 $1,559 $69,500 $0 $0
2020 $2,974 $70,500 $0 $0
2019 $2,771 $70,000 $0 $0
2018 $3,762 $69,600 $0 $0
2017 $3,636 $69,600 $0 $0
2016 $3,598 $64,900 $0 $0
2015 $3,606 $0 $0 $0
2012 -- $52,400 $52,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210027581

Realcomp

APN: 59-15-552-034