NOT LISTED FOR SALE

505 Ramsdell St Manistee, MI 49660

Estimated Value: $96,867 - $184,000

-- Bed
-- Bath
1,800 Sq Ft
$67/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $20,000 $11 Per Sq Ft

Est. 501% increase in value since last sale

Current estimated payment $711/month

77 Days on Market

About This Home

As of December 2019

Great Investment Opportunity! In town duplex home or turn it back into a single family. Live in part & rent out the rest. Fixer Upper. Will not finance. Likely a cash purchase. But think of the return on investment! Make sure to check it out!

Last Agent to Sell the Property

Dewayne Kirkman

REO-TCRandolph-233022 License #6506042472 Listed on: 09/19/2019

REO-TCRandolph-233022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Fixer Upper
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Rent includes not for lease

Community Details

Overview

  • 2 Units
  • City Of Manistee Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (2 Story)
  • Style: 2 Story, Duplex
  • Estimated Year Built: 1950
  • Construction: Frame
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Interior Amenities: Fixer-Upper
  • Range: R 18E
  • Total Finished Sf Apx: 1800

Exterior Features

  • Exterior Features: Porch, Covered Porch
  • Exterior Finish: Vinyl Siding
  • Foundation: Full, Unfinished
  • Number Of Acres: 0.1
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv, Cable Internet, Wifi
  • Water: Municipal
  • Heating Cooling Type: Forced Air

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: City of Manistee

Lot Info

  • Lot Dimensions: 50 x 100
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential

Rental Info

  • Included In Lease: Not For Lease

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Manistee Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Dec 19, 2019
Sold by
Huntington National Bank
Bought by
Tedder Bryan J
Seller's Agent
Dewayne Kirkman
REO-TCRandolph-233022
List Price
$31,900
Sold Price
$20,000
Premium/Discount to List
-$11,900
-37.3%
Current Estimated Value
$120,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,217
Avg. Annual Appreciation
34.84%

Purchase Details

Closed on
Sep 1, 1999
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
Tedder Bryan J $20,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2019 12/31/19 Sold $20,000 +18.3% $11 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
11/20/2019 11/20/19 Price Changed $16,900 -19.1% $9 / Sq Ft
10/14/2019 10/14/19 Price Changed $20,900 -22.9% $12 / Sq Ft
09/23/2019 09/23/19 Price Changed $27,115 -15.0% $15 / Sq Ft
09/19/2019 09/19/19 For Sale $31,900 -- $18 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $999 $43,400 $0 $0
2024 $976 $39,000 $0 $0
2023 $940 $34,500 $0 $0
2022 $1,548 $33,200 $33,200 $0
2021 $1,505 $26,000 $26,000 $0
2020 $1,424 $24,000 $24,000 $0
2019 $1,077 $23,700 $23,700 $0
2018 $1,308 $21,300 $21,300 $0
2017 $1,034 $19,300 $19,300 $0
2016 $619 $17,300 $17,300 $0
2015 -- $17,800 $17,800 $0
2014 -- $16,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1867615

Northern Great Lakes REALTORS® MLS

APN: 51-648-703-03