NOT LISTED FOR SALE

46465 Willis Rd Belleville, MI 48111

Sumpter Area

Estimated Value: $1,006,852

19 Beds
12 Baths
9,523 Sq Ft
$106/Sq Ft Est. Value

Sale Details

Date Sold: October 22, 2024

Last sale price $930,000 $98 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,072 / mo

50 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Garage
  • Ranch Style House

About This Home

As of October 2024

This charming, fully occupied Sumpter Township 12-unit property is comprised of two duplexes, one triplex, one quad and a stand alone single family all on one parcel. There is also a land space with a garage on the back of the parcel perfect for renting to trailers, boats and other storage seekers. The properties have been well maintained over the years with historically terrific occupancy. Appraised previously at a 6.75% cap rate. Utility meters are separated by unit, and with an already outstanding NOI, there is significant value-add opportunity, too, in both raising rents and renting the land and garage storage spaces. Moreover, this can be done with low capital on the front end as the seller is in the process of passing all city inspections, which will be completed by closing. Huge bonus there as with the property being as turnkey as can be expected for a MF property, post-close, your only job is to maximize the NOI and valuation of the property with efficient operations. Owner statement, rent roll, and walk through videos of recently occupied unit available upon request.

Last Agent to Sell the Property

Joe Hammel

Keller Williams Somerset License #6501422602 Listed on: 06/20/2024

Keller Williams Somerset

Co-Listed By

Michael Helfant

Keller Williams Somerset License #6501430389

Last Buyer's Agent

Joe Hammel

Keller Williams Somerset License #6501422602 Listed on: 06/20/2024

Keller Williams Somerset

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1946

Lot Details

  • 1.38 Acre Lot
  • Lot Dimensions are 95x635x636x96

Parking

  • Garage

Home Design

  • 9,523 Sq Ft Home
  • Colonial Architecture
  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 12 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 81034990004000

Community Details

Overview

  • 12 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,395

Year Built

Built in 1946

Lot Details

1.38 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Ranch
  • Architecture Level: 1 Story
  • Assessment: 16.00
  • Year Built: 1946
  • State Equalized Value: 351800.0000
  • Pets Allowed: Yes
  • AgentOnly_ListPriceByAcre: 681159.4200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 12.00
  • Full Bathrooms: 12
  • Total Sq Ft: 9523

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

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

Lot Info

  • Lot Size Area: 1.38
  • Lot Dimensions: 95x635x636x96
  • Parcel Number: 81034990004000
  • Zoning: Multi-Family, Residential

Rental Info

  • Monthly Rental Income: 11414

Tax Info

  • Tax Amount Summer: 4125.0000
  • Tax Amount Winter: 5270.0000
  • Total Tax: 9395.0000
  • Taxable Value: 351800.0000

Multi Family

  • Gross Scheduled Income: 136968.00
  • Number Of Units Total: 12

MLS Schools

  • School District: Van Buren

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Oct 22, 2024
Sold by
Sharon Ct Properties Llc
Bought by
Seller's Agent
Joe Hammel
Keller Williams Somerset
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$940,000
Sold Price
$930,000
Premium/Discount to List
-$10,000
-1.06%
Views
60
Current Estimated Value
$1,006,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,852
Avg. Annual Appreciation
4.27%
Original Mortgage
$697,500
Outstanding Balance
$682,718
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$324,134

Purchase Details

Closed on
Aug 1, 2022
Sold by
Burnett James and Burnett Robin
Bought by
Sharon Court Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,500
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2022
Sold by
Geery Christina Undine Lydia Hawkins and Commander Jane
Bought by
Burnett James O and Cox-Burnett Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,500
Interest Rate
5.22%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Belleville, MI

  • Kevin Stewart Real Estate Agent - Stewart Team R E Partners Inc

    Kevin Stewart

    Stewart Team R E Partners Inc

    (586) 371-6887

    141 Total Sales

    1 in Sumpter

    $320,000 Price

    Kevin Stewart
     Section Image
  • Susan Weis Real Estate Agent - EXP Realty Main

    Susan Weis

    Responds Quickly

    EXP Realty Main

    (313) 474-8475

    67 Total Sales

    6 in Sumpter

    $225K - $665K Price Range

    Susan Weis
     Section Image
  • Rhonda Cerone Real Estate Agent - Mi Choice Realty

    Rhonda Cerone

    Mi Choice Realty

    (734) 636-2826

    151 Total Sales

    9 in Sumpter

    $135K - $355K Price Range

    Rhonda Cerone
     Section Image
  • Erica Hussey Real Estate Agent - Real Estate One-Southgate

    Erica Hussey

    Real Estate One-Southgate

    (734) 292-8383

    81 Total Sales

    3 in Sumpter

    $230K - $280K Price Range

    Erica Hussey
     Section Image
  • Amanda Gribben Real Estate Agent - Real Estate One Inc Southgate

    Amanda Gribben

    Real Estate One Inc Southgate

    (313) 646-7534

    99 Total Sales

    2 in Sumpter

    $480,000 Price Range

    Amanda Gribben
     Section Image
  • Ron Fox Real Estate Agent - Downriver Homes LLC

    Ron Fox

    Downriver Homes LLC

    (734) 977-0839

    258 Total Sales

    1 in Sumpter

    $240,000 Price

    Ron Fox
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$930,000 None Listed On Document
Sharon Court Properties Llc -- Liberty Title
Sharon Ct Properties Llc $846,000 Liberty Title
Burnett James O $350,000 Liberty Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $697,500
Previous Owner Sharon Ct Properties Llc $634,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/22/2024 10/22/24 Sold $930,000 -1.1% $98 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $940,000 -- $99 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,661 $399,100 $0 $0
2024 $4,325 $389,100 $0 $0
2023 $4,125 $351,800 $0 $0
2022 $6,827 $309,400 $0 $0
2021 $6,664 $302,900 $0 $0
2020 $6,588 $262,000 $0 $0
2019 $6,493 $276,300 $0 $0
2018 $1,430 $233,000 $0 $0
2017 $9,644 $233,300 $0 $0
2016 $5,934 $233,700 $0 $0
2015 $11,761 $211,900 $0 $0
2013 $11,393 $170,100 $0 $0
2012 $1,275 $156,900 $16,400 $140,500
Source: Public Records

Agents Affiliated with this Home

  • Joe Hammel Real Estate Agent - Keller Williams Somerset

    Seller's Agent in 2024

    Joe Hammel

    Keller Williams Somerset

    (248) 422-1685

    1,226 Total Sales

    Joe Hammel
    Section Image
  • Michael Helfant Real Estate Agent - Keller Williams Somerset

    Seller Co-Listing Agent in 2024

    Michael Helfant

    Keller Williams Somerset

    (314) 239-7713

    130 Total Sales

    Michael Helfant
    Section Image
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Map

Source: Realcomp

MLS Number: 20240041672

Realcomp

APN: 81-034-99-0004-000

Michigan Wayne County Belleville 48111

46465 Willis Rd, Belleville, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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