NOT LISTED FOR SALE

471 1st St Manistee, MI 49660

Estimated Value: $161,318 - $193,000

-- Bed
-- Bath
-- Sq Ft
2,548 Sq Ft Lot

Last Sold August 25, 2022

Last sale price $137,000

Est. 30% increase in value since last sale

Current estimated payment $1,189/month

21 Days on Market

Highlights

  • Waterfront
  • Forced Air Heating System
  • High Speed Internet
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of August 2022

Duplex Located in Downtown Manistee, MI! Less than 1 mile from Lake Michigan & 1 block from the River Channel & Boardwalk!! Property has a long rental history! Lower Level has an attached garage, 1 bedroom, and 2 bathrooms (one could be converted to main-floor laundry), that currently rents for $650/Month. Upper Level is a 2 bedroom, 1 bath, with laundry that currently rents for $650/Month. Utilities are separated except for water. Each Unit has a NEW Forced Air Furnace & a New Water Heater. NEW 30 Year Roof, paid for & scheduled to be replaced by the end of August 2022. Certificate of Compliance with the City Rental Inspection program is good through June 29th 2025. All tours will be scheduled in advance. Owner is a Licensed Real Estate Broker & Rental Manager in the State of Michigan.

Last Agent to Sell the Property

Therran Ferguson

Essential Real Estate License #6502429562 Listed on: 08/29/2022

Last Buyer's Agent

Cheryl Staszczak

LIGHTHOUSE REALTY-Manistee License #6501141899

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,278

Year Built

  • Built in 1900

Lot Details

  • 2,548 Sq Ft Lot
  • Waterfront

Parking

  • 1 Parking Space

Home Design

  • Composition Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,278

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 152500.0
  • Number of Buildings: 1
  • Roof: Composition
  • Water Body Name: Lake Michigan
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2548.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2278.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Aug 25, 2022
Sold by
Therran Holdings Llc
Bought by
Pamela Daniel V and Mara Daniel L
Seller's Agent
Therran Ferguson
Essential Real Estate
Buyer's Agent
Cheryl Staszczak
LIGHTHOUSE REALTY-Manistee
List Price
$150,000
Sold Price
$137,000
Premium/Discount to List
-$13,000
-8.67%
Current Estimated Value
$177,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,580
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
Feb 1, 1998
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
Pamela Daniel V $137,000 --
-- $47,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $137,000 -3.9% --
08/07/2022 08/07/22 Off Market $142,500 -- --
07/18/2022 07/18/22 Price Changed $142,500 -5.0% --
07/15/2022 07/15/22 For Sale $150,000 -- --
Source: Southwestern Michigan 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 $3,009 $58,700 $0 $0
2024 $1,694 $56,000 $0 $0
2023 $1,630 $45,800 $0 $0
2022 $2,364 $38,400 $38,400 $0
2021 $1,690 $36,400 $36,400 $0
2020 $1,599 $32,500 $32,500 $0
2019 $1,578 $30,100 $30,100 $0
2018 $1,547 $29,600 $29,600 $0
2017 $1,515 $27,200 $27,200 $0
2016 $907 $26,800 $26,800 $0
2015 -- $25,000 $25,000 $0
2014 -- $25,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22029632

Southwestern Michigan Association of REALTORS®

APN: 51-349-712-13