$100,000
SOLD APR 1, 2016 RENTED OCT 3, 2024

489 Dixie Blvd Algonac, MI 48001

4 Beds
4 Baths
2,288 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

5% Below List Price

63 Days on Market

Highlights

  • Covered patio or porch
  • Baseboard Heating
  • Laundry Facilities
  • Ceiling Fan
  • Private Entrance
  • 4-minute walk to Algonac Lions Field

About This Home

As of April 2016

This is a very nice 4-unit rental. It has a covered porch, and the vacant lot next door is being sold with the home. You can access the park behind the home, which is a plus. There is a separate coin laundry room, and all units have stoves and refrigerators with a shed out back and room to park for the tenants. You can live in one unit and rent the other three units out! This is an excellent rental property with good returns!

Last Agent to Sell the Property

James Moss

RC Platinum Inc License #6501375312 Listed on: 01/13/2016

Last Buyer's Agent

Jimmy Moss

RC Platinum Inc License #RCO-6501375312

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 100x120
  • Private Entrance

Parking

  • Unassigned Parking

Home Design

  • Quadruplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 2,288 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Outdoor Features

  • Covered patio or porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74011230008000

Community Details

Overview

  • 4 Units
  • Bungalow Gardens Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 9999
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Combined: 2288
  • Total Sq Ft: 2288

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Exterior Features: Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 100
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Algonac

Lot Info

  • List Price per Acre: 749285.7143
  • Lot Size Area: 0.14
  • Lot Dimensions: 100x120
  • Parcel Number: 74011230008000
  • Zoning: Residential

Rental Info

  • Rent Includes: Water/Sewer
  • Monthly Rental Income: 1810

Tax Info

  • Tax Amount Summer: 3896.0000
  • Tax Amount Winter: 161.0000
  • Total Tax: 4057.0000

Multi Family

  • Gross Scheduled Income: 21720.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Algonac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2013
Closed on
Feb 4, 2014
Sold by
Norman H Foster Property Mgmt Llc
Bought by
Lai Anthony
Seller's Agent
Greg Kunnath
Berkshire Hathaway HomeServices Kee Realty NB
Buyer's Agent
Greg Kunnath
Berkshire Hathaway HomeServices Kee Realty NB
List Price
$86,000
Sold Price
$79,000
Premium/Discount to List
-$7,000
-8.14%
Current Estimated Value
$290,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,219
Avg. Annual Appreciation
12.11%

Purchase Details

Closed on
Dec 14, 2000
Sold by
Foster Norman and Foster Norman H
Bought by
Norman H Foster Property Management Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $79,000 Lighthouse Title Inc
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Rented $900 +5.9% --
10/03/2024 10/03/24 Under Contract -- -- --
08/29/2024 08/29/24 For Rent $850 0.0% --
04/07/2023 04/07/23 Rented $850 0.0% --
04/06/2023 04/06/23 Under Contract -- -- --
02/10/2023 02/10/23 For Rent $850 +13.3% --
10/24/2021 10/24/21 Rented $750 0.0% --
09/21/2021 09/21/21 Price Changed $750 +20.0% $0 / Sq Ft
09/01/2021 09/01/21 For Rent $625 0.0% --
04/01/2016 04/01/16 Sold $100,000 -4.7% $44 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $104,900 +32.8% $46 / Sq Ft
02/06/2014 02/06/14 Sold $79,000 -8.1% $35 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
11/03/2013 11/03/13 For Sale $86,000 -- $38 / Sq Ft
Source: Realcomp

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 $5,217 $129,000 $0 $0
2023 $4,838 $112,100 $0 $0
2022 $4,871 $99,200 $0 $0
2021 $4,728 $91,200 $0 $0
2020 $4,731 $87,300 $10,000 $77,300
2019 $4,638 $77,700 $0 $0
2018 $4,557 $66,700 $0 $0
2017 $4,382 $66,300 $0 $0
2016 $3,943 $66,300 $0 $0
2015 -- $61,700 $10,000 $51,700
2014 -- $60,700 $10,000 $50,700
2013 -- $63,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216003936

Realcomp

APN: 01-123-0008-000