NOT LISTED FOR SALE

503 S Clay St Greenville, MI 48838

Estimated Value: $155,000 - $253,000

-- Bed
-- Bath
-- Sq Ft
15 Acres

Last Sold September 15, 2017

Last sale price $69,000

Est. 209% increase in value since last sale

Current estimated payment $1,607/month

5 Days on Market

Highlights

  • Corner Lot: Yes
  • Forced Air Heating System
  • Wood Siding

About This Home

As of September 2017

Looking for an inexpensive investment opportunity? Here is your chance to own a cash producing 4 unit home in downtown Greenville. Two 1 bedroom units and two 2 bedroom units metered separately. This fully occupied home needs work inside and out. Great purchase for handy/fixer upper type buyer. Cash sale only, no land contracts.

Last Agent to Sell the Property

Timothy Hullinger

616 Realty LLC License #6501388729 Listed on: 09/01/2017

616 Realty LLC

Last Buyer's Agent

Don Kloostra II

Five Star Real Estate (Rock)

Five Star Real Estate (Rock)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 15 Acre Lot
  • Lot Dimensions are 66x99
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Michigan Basement
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Carport
  • Unpaved Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Wall Furnace
  • Phone Connected
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x99
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2800.0
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Heat Type:Radiant: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Driveway:Shared Unpaved: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 69900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Carports: Yes

Utilities

  • Heating: Natural Gas, Electric, Wall Furnace, Radiant, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 15.0
  • Lot Size Area: 15.0
  • Lot Size Sq Ft: 653400.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2800.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2023
Sold by
Zs Properties Llc
Bought by
Bowser Jessica
Current Estimated Value
$212,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Outstanding Balance
$134,892
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$78,049

Purchase Details

Listed on
Sep 1, 2017
Closed on
Sep 15, 2017
Sold by
K T Hullinger Properties Llc
Bought by
Z S Properties Llc
Seller's Agent
Timothy Hullinger
616 Realty LLC
Buyer's Agent
Don Kloostra II
Five Star Real Estate (Rock)
List Price
$69,900
Sold Price
$69,000
Premium/Discount to List
-$900
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%
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
Bowser Jessica $191,500 Chicago Title
Z S Properties Llc $69,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowser Jessica $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2017 09/15/17 Sold $69,000 -1.3% --
09/06/2017 09/06/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $69,900 +39.8% --
09/22/2016 09/22/16 Sold $50,000 -37.4% -- View Prior Sale
08/06/2016 08/06/16 Pending -- -- --
05/22/2016 05/22/16 For Sale $79,900 -- --
Source: MichRIC

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 $5,836 $113,100 $0 $0
2024 $3,401 $104,900 $0 $0
2023 -- $93,700 $0 $0
2022 $3,367 $77,900 $0 $0
2021 $3,234 $70,400 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2014 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 17044453

MichRIC

APN: 052-104-006-00