NOT LISTED FOR SALE

44505 Davis Dr Utica, MI 48317

Estimated Value: $262,000 - $296,288

5 Beds
4 Baths
1,770 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $245,000 $138 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,110/month

38 Days on Market

Highlights

  • 1.01 Acre Lot
  • Ranch Style House
  • Baseboard Heating
  • Adlai Stevenson High School Rated 9+
  • Forced Air Heating and Cooling System
  • 3 Car Garage

About This Home

As of July 2023

Bring all offers! Motivated seller! Investors welcome to this awesome opportunity to own a triplex in Utica. 3 total units. 44505 Davis- 3 bed 2 bath- this unit has a boiler and baseboard heating and its own washer and dryer. 44507 Davis- 1 bed 1 bath. 44509 Davis - 1 bed 1 bath. Both one bedroom units have its own a/c and furnace with a common washer and dryer. All three units are separately metered. Carpeted and vinyl flooring. Nice sized lot with beautiful matured trees. A detached 3 car garage for extra storage. Currently up to date on city inspections. Great investment for someone that would occupy one unit and rent the other two. Home is being sold as is. All 3 units are currently Tenant Occupied - All tenants are in good standing with the landlord. All tenants currently want to stay and are in a 1 year lease and goes month to month after expiration. No interior showings at this time unless we have an accepted offer, exterior viewing only. Do not approach tenants.

Last Agent to Sell the Property

Jesse Hallac

Top Agent Realty License #6501407851 Listed on: 06/05/2023

Last Buyer's Agent

Jalil Yousif

RE/MAX First License #6501298622

RE/MAX First

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 160.00 x 275.00

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 1,770 Sq Ft Home
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1004209010

Community Details

Overview

  • 3 Units
  • River View Gardens Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

1.01 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch, Triplex
  • Architecture Level: 1 Story
  • Year Built: 1945
  • State Equalized Value: 123900.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Total Sq Ft: 1770

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Vinyl, Wood
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages
  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Window Unit(s)
  • Heating: Baseboard, Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Lot Info

  • List Price per Acre: 257420.7900
  • Lot Size Area: 1.01
  • Lot Dimensions: 160.00 x 275.00
  • Parcel Number: 1004209010
  • Zoning: Residential

Rental Info

  • Rent Includes: Snow Removal, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2600

Tax Info

  • Tax Amount Summer: 6348.0000
  • Tax Amount Winter: 1456.0000
  • Total Tax: 7804.0000
  • Taxable Value: 130095.0000

Multi Family

  • Gross Scheduled Income: 31200.00
  • Number Of Units Total: 3

MLS Schools

  • School District: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jul 20, 2023
Sold by
Hall Myah L
Bought by
Hawel Rana and Eisho Amir
Seller's Agent
Jesse Hallac
Top Agent Realty
Buyer's Agent
Jalil Yousif
RE/MAX First
List Price
$295,000
Sold Price
$245,000
Premium/Discount to List
-$50,000
-16.95%
Views
308
Current Estimated Value
$286,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,126
Avg. Annual Appreciation
5.52%

Purchase Details

Listed on
Jul 13, 2020
Closed on
Jan 25, 2021
Sold by
Peters Dennis R and Peters Dennis Ray
Bought by
Hall Myah L
Seller's Agent
Bruce Krol
Lacuna Group, LLC
Buyer's Agent
Jesse Hallac
Top Agent Realty
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%

Purchase Details

Closed on
Jun 27, 2005
Sold by
Peters Annette Marie
Bought by
Peters Dennis Ray

Purchase Details

Closed on
Apr 21, 2000
Sold by
Morrell John E
Bought by
Peters Dennis R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hawel Rana $245,000 None Listed On Document
Hall Myah L $200,000 Title Resource Agency
Peters Dennis Ray -- None Available
Peters Dennis R $85,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2023 07/20/23 Sold $245,000 -5.8% $138 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/03/2023 07/03/23 Price Changed $259,995 -5.5% $147 / Sq Ft
06/23/2023 06/23/23 Price Changed $275,000 -6.8% $155 / Sq Ft
06/15/2023 06/15/23 For Sale $295,000 0.0% $167 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $295,000 +47.5% $167 / Sq Ft
01/25/2021 01/25/21 Sold $200,000 0.0% $113 / Sq Ft View Prior Sale
11/16/2020 11/16/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $200,000 -- $113 / Sq Ft
Source: Realcomp

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 $7,654 $149,500 $0 $0
2024 $75 $148,900 $0 $0
2023 $6,609 $134,800 $0 $0
2022 $7,804 $123,900 $0 $0
2021 $5,568 $119,500 $0 $0
2020 $4,560 $120,300 $0 $0
2019 $5,363 $114,100 $0 $0
2018 $5,293 $100,000 $0 $0
2017 $5,216 $89,476 $34,663 $54,813
2016 $5,149 $89,476 $0 $0
2015 -- $82,093 $0 $0
2014 -- $73,583 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230041410

Realcomp

APN: 11-10-04-209-010

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