NOT LISTED FOR SALE

450 Centre St Marcellus, MI 49067

Estimated Value: $147,000 - $193,000

Studio
-- Bath
-- Sq Ft
0.6 Acres

Last Sold January 20, 2022

Last sale price $125,000

Est. 38% increase in value since last sale

Current estimated payment $1,260/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 Buyer's Agent

Bruce Springsteen

Cressy & Everett Real Estate License #6506042861

Cressy & Everett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,917

Year Built

  • Built in 1980

Lot Details

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

Parking

  • 10 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Metal Roof

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,917

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1980
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 66.67
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100x260
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2917.03
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Roofing:Metal: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Brick
  • List Price: 140000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Metal
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 10.0
  • General Property Info:Total Parking Spaces: 10.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.6
  • Lot Size Area: 0.6
  • Lot Size Sq Ft: 26000.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

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

Closed on
Apr 2, 2015
Sold by
High Construction Llc
Bought by
High A J Douglas
Current Estimated Value
$172,670

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
Outstanding Balance
$29,330
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$143,340

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
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
Open 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 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 $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