NOT LISTED FOR SALE

4490 Fairway Dr Fort Gratiot, MI 48059

Estimated Value: $139,076 - $222,000

10 Beds
6 Baths
4,600 Sq Ft
$42/Sq Ft Est. Value

Last Sold August 30, 2012

Last sale price $140,000 $30 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,135/month

357 Days on Market

About This Home

As of August 2012

FORT GRATIOT TWP. - 6-Unit Income on the corner of Fairway Drive and Keewahdin Road. Close to Lake Huron and Keewahdin Beach. Large corner lot with plenty of parking. There are 4 Units which are 2 bedrooms and there are 2 Units that are 1 bedroom. Each have 1 full bathroom and Refrigerators and stoves are included in each. The 2 bedroom units are presently renting for $525.00 / month and the 1 bedroom units rent for $450.00. 100% occupancy!

Last Agent to Sell the Property

John Rowling

Berkshire Hathaway HomeServices Kee Realty Ft Gra License #6501126499 Listed on: 09/08/2011

Berkshire Hathaway HomeServices Kee Realty Ft Gra

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Multi-Family

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6 Full Bathrooms
  • 4,600 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Utilities

  • Back Up Electric Heat Pump System
  • Separate Meters

Community Details

  • 6 Units
  • Fairway North Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74209400001000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 9999
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Sq Ft Combined: 4600
  • Total Sq Ft: 4600

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Aluminum, Brick
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Paved

Utilities

  • Heating Fuel: Electric
  • Heating: Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Port Huron

Lot Info

  • Lot Dimensions: 270X195X187X190 APRX
  • Parcel Number: 74209400001000
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Water/Sewer, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 3000

Tax Info

  • Tax Amount Summer: 6156.0000
  • Tax Amount Winter: 1000.0000
  • Total Tax: 7156.0000

Multi Family

  • Gross Scheduled Income: 36000.00
  • Number Of Units Total: 6
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 6

MLS Schools

  • School District: Port Huron

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2011
Closed on
Aug 31, 2012
Sold by
Alonso Daniel C and Alonso Daniel A
Bought by
Fairway North Properties Llc
Seller's Agent
John Rowling
Berkshire Hathaway HomeServices Kee Realty Ft Gra
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$239,900
Sold Price
$140,000
Premium/Discount to List
-$99,900
-41.64%
Current Estimated Value
$192,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,019
Avg. Annual Appreciation
1.76%
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
Fairway North Properties Llc $140,000 Huron Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2012 08/30/12 Sold $140,000 -41.6% $30 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
09/08/2011 09/08/11 For Sale $239,900 -- $52 / 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 $1,066 $42,500 $0 $0
2024 $1,066 $51,500 $0 $0
2023 $999 $35,200 $0 $0
2022 $1,307 $28,600 $0 $0
2021 $1,238 $26,200 $0 $0
2020 $1,238 $26,500 $26,500 $0
2019 $1,209 $25,700 $0 $0
2018 $1,178 $52,000 $0 $0
2017 $1,465 $32,600 $0 $0
2016 $1,063 $32,600 $0 $0
2015 -- $31,200 $31,200 $0
2014 -- $29,300 $29,300 $0
2013 -- $28,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 211095540

Realcomp

APN: 20-940-0003-000