NOT LISTED FOR SALE

44720 Davis Dr Utica, MI 48317

Estimated Value: $304,000 - $412,000

4 Beds
3 Baths
2,419 Sq Ft
$146/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $312,500 $129 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,517/month

48 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating System
  • 2-minute walk to Memorial Park
  • Adlai Stevenson High School Rated 9+
  • 4 Car Garage

About This Home

As of August 2024

Great 3-unit apartment building. One currently vacant- great for owner occupant interested in living in the building. The two occupied units are long-term tenants with renewals in place through 5/31/2025. Rents total $1,850/month on the two occupied units. Tenants each have separate DTE and gas meters. Owner pays water (about $2,200 for entirety of 2023). Owner responsible for lawn and snow. Roof 2024. Exterior painting 2024. New windows 2024.

Last Agent to Sell the Property

Jenny Makke

Silverstone Real Estate, LLC License #6502392737 Listed on: 06/12/2024

Last Buyer's Agent

Anila Shkembi

RE/MAX First License #6501374548

RE/MAX First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 98.00 x 160.00

Parking

  • 4 Car Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3 Full Bathrooms
  • 2,419 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1004227004

Community Details

Overview

  • 3 Units
  • A/P # 05 Utica Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,515

Year Built

Built in 1920

Lot Details

0.36 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Assessment: 518.00
  • Year Built: 1920
  • State Equalized Value: 123400.0000
  • Pets Allowed: Yes
  • AgentOnly_ListPriceByAcre: 902500.0000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2419

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Water at Street

Lot Info

  • Lot Size Area: 0.36
  • Lot Dimensions: 98.00 x 160.00
  • Parcel Number: 1004227004
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 1850

Tax Info

  • Tax Amount Summer: 6296.0000
  • Tax Amount Winter: 1219.0000
  • Total Tax: 7515.0000
  • Taxable Value: 123400.0000

Multi Family

  • Gross Scheduled Income: 22200.00
  • Number Of Units Total: 3

MLS Schools

  • School District: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Aug 6, 2024
Sold by
Lambucco Properties Llc
Bought by
Doko Euklid
Seller's Agent
Jenny Makke
Silverstone Real Estate, LLC
Buyer's Agent
Anila Shkembi
RE/MAX First
List Price
$324,900
Sold Price
$312,500
Premium/Discount to List
-$12,400
-3.82%
Views
150
Current Estimated Value
$345,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,125
Avg. Annual Appreciation
7.86%
Original Mortgage
$221,480
Outstanding Balance
$218,158
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$134,271

Purchase Details

Listed on
Dec 16, 2021
Closed on
May 17, 2022
Sold by
Utica Deal Llc
Bought by
Lambucco Properties Llc
Seller's Agent
Jon Wilcox
EXP Realty Main
Buyer's Agent
Lynn Avey
Berkshire Hathaway HomeServices Michigan Real Est
List Price
$334,900
Sold Price
$307,500
Premium/Discount to List
-$27,400
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.70%
Original Mortgage
$215,250
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2019
Sold by
Terence Pelc Trust
Bought by
Utica Deal Llc

Purchase Details

Closed on
Dec 12, 2008
Sold by
Pelc Terence G and House Diane L
Bought by
Pelc Terence G and House Diane L
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
Doko Euklid $316,400 None Listed On Document
Lambucco Properties Llc $307,500 Liberty Title
Utica Deal Llc $163,000 None Listed On Document
Pelc Terence G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doko Euklid $221,480
Previous Owner Lambucco Properties Llc $215,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2024 08/07/24 Sold $312,500 -3.8% $129 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $324,900 +5.7% $134 / Sq Ft
04/21/2022 04/21/22 Sold $307,500 -6.8% $127 / Sq Ft View Prior Sale
04/13/2022 04/13/22 Pending -- -- --
03/23/2022 03/23/22 Price Changed $329,900 -1.5% $136 / Sq Ft
03/12/2022 03/12/22 Price Changed $334,900 0.0% $138 / Sq Ft
03/12/2022 03/12/22 For Sale $334,900 -1.5% $138 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
02/16/2022 02/16/22 Price Changed $339,900 -2.9% $141 / Sq Ft
01/10/2022 01/10/22 Price Changed $349,900 0.0% $145 / Sq Ft
12/16/2021 12/16/21 For Sale $350,000 -- $145 / 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 $8,858 $175,200 $0 $0
2024 $66 $140,500 $0 $0
2023 $6,296 $123,400 $0 $0
2022 $6,634 $106,200 $0 $0
2021 $6,548 $101,000 $0 $0
2020 $5,343 $99,000 $0 $0
2019 $4,660 $91,600 $0 $0
2018 $4,597 $91,800 $0 $0
2017 $4,530 $81,852 $21,508 $60,344
2016 $4,471 $81,852 $0 $0
2015 -- $72,948 $0 $0
2014 -- $63,276 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240041362

Realcomp

APN: 11-10-04-227-004

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