NOT LISTED FOR SALE

450 Centre St Marcellus, MI 49067

Estimated Value: $155,000 - $212,000

Studio
-- Bath
-- Sq Ft
0.6 Acres

Last Sold January 20, 2022

Last sale price $125,000

Est. 48% increase in value since last sale

Current estimated payment $1,313/month

107 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Level Lot

About This Home

As of January 2022

Great investment property. This Duplex has a great rental history, and is in great condition. The brick building has a new metal roof (2020). There is a 2 bedroom 1 bath unit with approximately 800 square feet and a 3 bedroom 1 bath with approximately 1200 square feet. The larger unit has a laundry room, while there is hook ups for laundry in the full unfinished basement. There is plenty of paved parking. Schedule your showing today!

Last Agent to Sell the Property

Jared Stout

Berkshire Hathaway HomeServices MI Listed on: 08/20/2021

Last Buyer's Agent

Bruce Springsteen

Cressy & Everett Real Estate License #6506042861

Cressy & Everett Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,917

Year Built

  • Built in 1980

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 100x260
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Metal Roof

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 10 Parking Spaces
  • Shared Driveway

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,917

Year Built

Built in 1980

Lot Details

0.6 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1980
  • General Property Info:Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 140000.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Metal
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.5969
  • Lot Size Area: 0.6
  • Lot Dimensions: 100x260
  • Lot Size Sq Ft: 26000.0

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2917.03
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Jan 20, 2022
Sold by
High A J D
Bought by
Elsey David R and Williamson Bethany
Seller's Agent
Jared Stout
Berkshire Hathaway HomeServices MI
Buyer's Agent
Bruce Springsteen
Cressy & Everett Real Estate
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%
Current Estimated Value
$185,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,338
Avg. Annual Appreciation
10.08%

Purchase Details

Closed on
Apr 2, 2015
Sold by
High Construction Llc
Bought by
High A J Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2007
Sold by
Lee Memorial Hospital Corp
Bought by
High Construction Llc

Purchase Details

Closed on
Aug 22, 2007
Sold by
Patel Md J N and Zaman Md M S
Bought by
Lee Memorial Hospital Corp and The Lee Memorial Hospital Corp
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Elsey David R $125,000 Title Resource Agcy
High A J Douglas $100,000 Mtc
High Construction Llc $55,000 Mtc
Lee Memorial Hospital Corp -- Mtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner High A J Douglas $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2022 01/20/22 Sold $125,000 -16.7% --
12/05/2021 12/05/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $150,000 -- --
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 $4,293 $121,100 $0 $121,100
2024 $2,064 $100,900 $0 $100,900
2023 $2,034 $84,300 $0 $0
2022 $1,189 $70,300 $0 $0
2021 $2,982 $58,700 $0 $0
2020 $500 $49,300 $0 $0
2019 $2,858 $47,800 $0 $0
2018 $480 $46,800 $0 $0
2017 $1,061 $46,000 $0 $0
2016 $1,055 $43,400 $0 $0
2015 -- $39,900 $0 $0
2011 -- $63,614 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21101660

MichRIC

APN: 14-051-622-008-00

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