NOT LISTED FOR SALE

4880 Main St Onekama, MI 49675

Estimated Value: $365,639

-- Bed
-- Bath
-- Sq Ft
0.51 Acres

Last Sold August 20, 2021

Last sale price $304,000

Est. 20% increase in value since last sale

Current estimated payment $2,308/month

9 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • 3-minute walk to Onekama Village Park

About This Home

As of August 2021

Apartment complex right in the Village of Onekama and located just a short walk to the Village park on Portage Lake. Four active units with potential for a fifth unit. Current tenants are long term and have lived in the units from between 3 to 14 years making for a secure and reliable income. Included in the sale is a detached garage behind the building which has a separate tax id number. Gross income is almost $30,000 per year with the four units, finish off the fifth unit and increase your income by almost $10,000 per year. This is a great investment with significant upside. Total above grade area is 4170 sq ft and the garage is 24 x 64

Last Listed By

Charles Smith

RE/MAX Bayshore Manistee License #6502348024 Listed on: 07/23/2021

RE/MAX Bayshore Manistee

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,310

Year Built

  • Built in 1900

Lot Details

  • 0.51

Parking

  • 5 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Well
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Crawl Space
  • 0.51 Acre Lot

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • The owner pays for sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,310

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 329000.0
  • Number of Buildings: 2
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.51
  • Lot Size Area: 0.51
  • Lot Size Sq Ft: 22216.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer

Multi Family

  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 3310.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2005
Total Days on Market
9
Current Estimated Value
$365,639

Range of Values:

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Average Value
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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
-- $150,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $304,000 -7.6% --
07/23/2021 07/23/21 For Sale $329,000 -- --
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
2024 -- $0 $0 $0
2023 $3,367 $0 $0 $0
2022 $3,367 $0 $0 $0
2021 $3,367 $65,400 $13,900 $51,500
2020 $5,510 $61,200 $13,900 $47,300
2019 $5,488 $60,500 $13,900 $46,600
2018 $5,492 $60,500 $13,900 $46,600
2017 $5,566 $61,700 $13,900 $47,800
2016 $4,762 $62,400 $13,900 $48,500
2015 -- $62,000 $13,900 $48,100
2014 -- $63,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles Smith

    Seller's Agent in 2021

    Charles Smith

    RE/MAX Michigan

    (231) 794-0800

    78 Total Sales

    Charles Smith
    Section Image

  • O

    Buyer's Agent in 2021

    Out of Area Agent

    Out of Area Office

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21095340

Southwestern Michigan Association of REALTORS®

APN: 41-050-019-00

Michigan Manistee County Onekama 49675

4880 Main St, Onekama, MI

Homes for Sale in Onekama, MI

This home is located at 4880 Main St, Onekama, MI 49675 since 23 July 2021 and is currently estimated at $365,639. This property was built in 1900. 4880 Main St is a home located in Manistee County with nearby schools including Pleasant View Mennonite School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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