NOT LISTED FOR SALE

46 Baltic Ave South Range, MI 49963

Estimated Value: $228,900

-- Bed
5 Baths
2,720 Sq Ft
$84/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $130,000 $48 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,599/month

272 Days on Market

Highlights

  • Hot Water Heating System
  • South Range Elementary School Rated 9+
  • Laundry Facilities

About This Home

As of February 2017

Excellent income producing property. Close to Houghton with solid rental history. Several updated features including a new boiler in December of 2015. Newer carpeting in common area. Each apartment has a stove and fridge to stay. Coin operated laundry in the basement brings in approximately $100 a month. Currently 4 of the 5 units are rented. Tenant’s rights apply. Showings to start April 25th, 2016. Pre-qualification letter required before showings and review of any financial information.

Last Agent to Sell the Property

Tina DeForge

CENTURY 21 AFFILIATED License #UPAR Listed on: 04/19/2016

CENTURY 21 AFFILIATED

Last Buyer's Agent

Andi Goriesky

SELECT REALTY License #UPAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,674

Year Built

  • Built in 1968

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100x100

Parking

  • 3 Car Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System

Community Details

  • 5 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 045-132-001-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,674

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Manufactured/Modular
  • Year Built: 1968
  • Mail City: South Range
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 2720

Exterior Features

  • Construction: Vinyl Siding
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 045-132-001-00
  • Lot Dimensions: 100x100
  • Acreage: 0.23
  • Geo Subdivision: MI

Multi Family

  • Total Units: 5

MLS Schools

  • School District: Adams Twp School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2016
Closed on
Feb 24, 2017
Sold by
Kahkonen Terrence W and Kahkonen Suzanne D
Bought by
Joseph Williams Llc
Seller's Agent
Tina DeForge
CENTURY 21 AFFILIATED
Buyer's Agent
Andi Goriesky
SELECT REALTY
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%
Current Estimated Value
$228,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,900
Avg. Annual Appreciation
6.73%
Original Mortgage
$110,500
Outstanding Balance
$92,599
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$134,591

Purchase Details

Closed on
Jul 1, 1999
Bought by
Kahkonen Terrence W
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
Joseph Williams Llc $130,000 Copper Range Abs & Title
Kahkonen Terrence W $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Williams Llc $110,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2017 02/24/17 Sold $130,000 -7.1% $48 / Sq Ft
01/16/2017 01/16/17 Pending -- -- --
04/19/2016 04/19/16 For Sale $140,000 -- $51 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $4,674 $106,847 $0 $0
2024 $5,584 $93,211 $0 $0
2023 $5,324 $87,668 $0 $0
2022 $5,505 $84,312 $0 $0
2021 $5,609 $84,957 $0 $0
2020 $5,584 $84,128 $0 $0
2019 $8,166 $159,342 $0 $0
2018 $7,967 $120,086 $0 $0
2017 $3,852 $115,626 $0 $0
2016 -- $121,749 $0 $0
2015 -- $126,339 $0 $0
2014 -- $122,899 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071765

Upper Peninsula Association of REALTORS®

APN: 045-132-001-00