NOT LISTED FOR SALE

5000 Elmer Dr Midland, MI 48640

Estimated Value: $130,000 - $180,000

4 Beds
2 Baths
1,440 Sq Ft
$102/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $126,500 $88 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $992/month

161 Days on Market

Highlights

  • Ranch Style House
  • Jefferson Middle School Rated A
  • Forced Air Heating System

About This Home

As of March 2024

Looking for a great investment? Or a new home with a built in mortgage payment? Come check out this duplex that's in such a great location. Home does need some updates, but has a great yard and super floor plan. Moth to moth tenants currently occupying both sides.

Last Agent to Sell the Property

Monique Gilbert

Keller Williams Preferred License #MBR-6506048015 Listed on: 08/08/2023

Keller Williams Preferred

Last Buyer's Agent

Gordon Hall

RE/MAX of Midland License #MBR-6506040757

RE/MAX of Midland

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 96x199

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 13-13-70-442

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0.43 Acres

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Total Tax Amount: 3110
  • Total Tax Year: 2022
  • Year Built: 1971
  • Mail City: Midland
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Construction: Aluminum
  • Foundation Type: Crawl

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessments: Yes
  • Assessor Parcel Number: 13-13-70-442
  • Lot Dimensions: 96x199
  • Acreage: 0.43

Tax Info

  • Summer Tax: Year: 2023, Amount: $2,265.00
  • Winter Tax: Year: 2022, Amount: $845.00
  • Total Tax: Year: 2022, Amount: $3,110.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Feb 15, 2024
Sold by
Maria Theresa Chiu Trust
Bought by
Dog Pen Holdings Llc
Seller's Agent
Monique Gilbert
Keller Williams Preferred
Buyer's Agent
Gordon Hall
RE/MAX of Midland
List Price
$145,000
Sold Price
$126,500
Premium/Discount to List
-$18,500
-12.76%
Views
280
Current Estimated Value
$147,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,614
Avg. Annual Appreciation
7.72%
Original Mortgage
$101,200
Outstanding Balance
$99,415
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$47,699

Purchase Details

Listed on
Jul 27, 2020
Closed on
May 14, 2021
Sold by
Maria Theresa Chiu Trust and Chiu Maria Theresa
Bought by
Cupal Peter Alan
Seller's Agent
Bruce Owens
Century 21 Signature Realty Midland
Buyer's Agent
Bruce Owens
Century 21 Signature Realty Midland
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.95%
Original Mortgage
$114,400
Interest Rate
3%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Listed on
Jul 27, 2020
Closed on
May 3, 2021
Sold by
Chiu Maria Theresa and Maria Theresa Chiu Trust
Bought by
Cupal Peter Alan
Seller's Agent
Bruce Owens
Century 21 Signature Realty Midland
Buyer's Agent
Bruce Owens
Century 21 Signature Realty Midland
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
3%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dog Pen Holdings Llc $126,500 None Listed On Document
Cupal Peter Alan -- None Listed On Document
Cupal Peter Alan -- None Listed On Document
Cupal Peter Alan $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dog Pen Holdings Llc $101,200
Previous Owner Cupal Peter Alan $114,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2024 03/07/24 Sold $126,500 -12.8% $88 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
09/05/2023 09/05/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $145,000 +7.4% $101 / Sq Ft
08/08/2023 08/08/23 Price Changed $135,000 0.0% $94 / Sq Ft
08/08/2023 08/08/23 For Sale $135,000 +3.8% $94 / Sq Ft
04/30/2021 04/30/21 Sold $130,000 0.0% $90 / Sq Ft View Prior Sale
04/22/2021 04/22/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $130,000 0.0% $90 / Sq Ft
12/31/2020 12/31/20 Off Market $130,000 -- --
07/27/2020 07/27/20 For Sale $130,000 -- $90 / Sq Ft
Source: Midland Board of REALTORS®

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 $2,628 $67,500 $0 $0
2024 $1,821 $52,800 $0 $0
2023 $2,266 $42,800 $0 $0
2022 $2,882 $44,600 $0 $0
2021 $2,287 $37,100 $0 $0
2020 $2,275 $36,100 $0 $0
2019 $2,235 $33,500 $8,800 $24,700
2018 $2,400 $44,700 $8,800 $35,900
2017 $0 $35,600 $8,800 $26,800
2016 $2,410 $36,500 $8,800 $27,700
2012 -- $37,200 $8,800 $28,400
Source: Public Records

Agents Affiliated with this Home

  • Monique Gilbert

    Seller's Agent in 2024

    Monique Gilbert

    Keller Williams Preferred

    (989) 475-2958

    6 in this area

    171 Total Sales

    Monique Gilbert
    Section Image

  • G

    Buyer's Agent in 2024

    Gordon Hall

    RE/MAX Michigan

    (989) 600-1802

    21 in this area

    29 Total Sales

    Gordon Hall
    Section Image
  • Bruce Owens

    Seller's Agent in 2021

    Bruce Owens

    Century 21 Signature Realty Midland

    (989) 205-2074

    11 in this area

    12 Total Sales

    Bruce Owens
    Section Image
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Map

Source: Midland Board of REALTORS®

MLS Number: 50118162

Midland Board of REALTORS®

APN: 13-13-70-442

Michigan Midland County Midland 48640

5000 Elmer Dr, Midland, MI

Not Listed for Sale

MultiFamily

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