NOT LISTED FOR SALE

47640 Gratiot Ave Chesterfield, MI 48051

Estimated Value: $2,418,231

10 Beds
5 Baths
4,125 Sq Ft
$586/Sq Ft Est. Value

Highlights

  • 2.55 Acre Lot
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • L'Anse Creuse High School - North Rated 9+
  • Wheelchair Access

About This Home

As of August 2013

Newer 1 story 10 bedroom building , zoned C-3, RM3 Multi Family Residential District . 4125 sq ft perfect for Group/Foster home, and /or Rehab home, half way house etc. Current use is a Group home. Building sits on 2.55 acres has part fin. bsmt, large living area & kitchen. Building is well maintained . Min. one year lease, rent is $4000.00 per mo. sec, dep is neg. (triple net lease)

Last Agent to Rent the Property

Cynthia Borowy-Megalizzi

Deed Realtors License #MISPE-6502320664 Listed on: 07/18/2012

Last Renter's Agent

Cynthia Borowy-Megalizzi

Deed Realtors License #MISPE-6502320664 Listed on: 07/18/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $66,710

Year Built

  • Built in 1990

Lot Details

  • 2.55 Acre Lot
  • 43 Ft Wide Lot

Home Design

  • Ranch Style House

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Wheelchair Access
  • Forced Air Heating and Cooling System
  • Partially Finished Basement

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 0090303260140000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$66,710

Year Built

Built in 1990

Lot Details

0

Rental Info

  • Lease: Yes
  • Lease Information: Lease Term 1-2 Years, Lease Term 3-5 Years, Lease Term 6-10 Years, Security Deposit

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Partially Finished
  • Bedrooms: 10
  • Bathroom Description: Shared
  • Full Bathrooms: 5
  • Total Bathrooms: 7
  • Half Bathrooms: 2
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 4125

Exterior Features

  • Exterior Features: Wheelchair Access
  • Frontage: 43
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Cooling System: Central A/C
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 0090303260140000
  • Lot Dimensions: 1930
  • Acreage: 2.55
  • Zoning: Multi-Family
  • Map Side Numeric: 14
  • Geo Subdivision: MI

Multi Family

  • Total Units: 10

MLS Schools

  • School District: L'anse Creuse Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2021
Sold by
Dsl Real Estate Group 10 Llc
Bought by
Rsr Serenity Re Llc
Current Estimated Value
$2,418,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$985,000
Outstanding Balance
$891,795
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,526,436

Purchase Details

Closed on
Mar 31, 2015
Sold by
St Pierre Cecil D and St Pierre Lisa J
Bought by
Dsl Real Estate Group 10 Llc

Purchase Details

Closed on
Mar 23, 2015
Sold by
Erie Canal Llc
Bought by
St Pierre Jr Cecil D and Ghanam April

Purchase Details

Closed on
Aug 1, 1997
Sold by
Booster Multi-Cap
Bought by
Pierre C
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
Rsr Serenity Re Llc $1,970,000 Devon Title Agency
Dsl Real Estate Group 10 Llc $355,000 Fidelity National Title
St Pierre Jr Cecil D -- Fidelity National Title
Pierre C $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rsr Serenity Re Llc $985,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2013 08/26/13 Rented $4,000 0.0% --
08/26/2013 08/26/13 Under Contract -- -- --
07/18/2012 07/18/12 For Rent $4,000 -- --
Source: Michigan Multiple Listing Service

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 $66,710 $1,294,900 $0 $0
2024 $52,798 $1,290,700 $0 $0
2023 $50,253 $1,239,200 $0 $0
2022 $60,493 $1,167,500 $0 $0
2021 $57,370 $1,122,400 $0 $0
2020 $44,974 $1,109,800 $0 $0
2019 $53,901 $1,082,500 $0 $0
2018 $33,420 $667,300 $94,300 $573,000
2014 -- $273,950 $85,650 $188,300
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31111657

Michigan Multiple Listing Service

APN: 15-09-30-326-014