NOT LISTED FOR SALE

5060 Peck Rd Unit 5050 East Peck Road Croswell, MI 48422

Estimated Value: $264,680

16 Beds
13 Baths
5,260 Sq Ft
$50/Sq Ft Est. Value

Last Sold May 20, 2019

Last sale price $169,000 $32 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,713/month

Highlights

  • 1.47 Acre Lot
  • Porch
  • Forced Air Heating System
  • Ranch Style House
  • 1 Car Attached Garage
  • Many Trees

About This Home

As of May 2019

The Commercial Property has approximately 250 ft combined frontage in high traffic area, including on site residence for an owner/manager. The motel could offer an extended stay for its customers/ employees. There are multiple uses possible under commercial status. See attached Zoning Ordinance from City of Croswell. These two parcels could be purchased individually or as a full package - Single Family Home, & Motel complex. This property is located on a busy main road with daily traffic that counts over 7,000 vehicles. With the purchase of one or both of these two properties you could turn your vision into reality.

Last Agent to Sell the Property

Larry Palleschi

Premier Properties Inc License #MISPE-6506041487 Listed on: 07/24/2017

Premier Properties Inc

Last Buyer's Agent

Larry Palleschi

Premier Properties Inc License #MISPE-6506041487 Listed on: 07/24/2017

Premier Properties Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,768

Year Built

  • Built in 1960

Lot Details

  • 1.47 Acre Lot
  • Lot Dimensions are 150x206x120x160x100x116
  • Many Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 13 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Oven or Range
  • Porch

Community Details

  • 13 Units

Listing and Financial Details

  • Assessor Parcel Number 310-160-100-040-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,768

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: Duplex, Investment, Apartment
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Year Built: 1960
  • Mail City: Croswell
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 16
  • Full Bathrooms: 13
  • Total Bathrooms: 13
  • Source of Sq Ft: Estimated
  • Estimated Sq Ft: 5260

Exterior Features

  • Construction: Aluminum, Brick
  • Exterior Features: Porch
  • Sideof Street: S
  • Foundation Type: Crawl, Slab
  • Roads: Paved Street, City/County

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Spaces: 1
  • Parking: 3 Or More Spaces

Utilities

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

Lot Info

  • Assessor Parcel Number: 310-160-100-040-00
  • Location: Main Street
  • Lot Dimensions: 150x206x120x160x100x116
  • Acreage: 1.47
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Treed
  • Zoning: Residential, Commercial
  • Geo Subdivision: MI

Multi Family

  • Total Units: 13

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Empress Llc
Bought by
Gielow Properties Llc
Current Estimated Value
$264,680

Purchase Details

Closed on
Oct 8, 2019
Sold by
Maples Kasey and Maples Stevey
Bought by
Empress Llc

Purchase Details

Listed on
Jul 24, 2017
Closed on
May 20, 2019
Sold by
Deer Pine Line Llc
Bought by
Maples Kasey and Maples Stevey
Seller's Agent
Larry Palleschi
Premier Properties Inc
Buyer's Agent
Larry Palleschi
Premier Properties Inc
List Price
$199,700
Sold Price
$169,000
Premium/Discount to List
-$30,700
-15.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Jun 6, 1994
Sold by
Detary Detary C C and Detary Holbrook C
Bought by
Hughes John and Hughes Frances
Source: Public Records

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
Gielow Properties Llc $375,000 Attorney Only
Empress Llc -- --
Maples Kasey -- --
Hughes John $87,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2019 05/20/19 Sold $169,000 -15.4% $32 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $199,700 +18.2% $38 / Sq Ft
01/24/2019 01/24/19 Off Market $169,000 -- --
10/15/2018 10/15/18 Price Changed $199,700 0.0% $38 / Sq Ft
10/15/2018 10/15/18 For Sale $199,700 +18.2% $38 / Sq Ft
06/24/2018 06/24/18 Off Market $169,000 -- --
01/30/2018 01/30/18 For Sale $295,000 +74.6% $56 / Sq Ft
01/24/2018 01/24/18 Off Market $169,000 -- --
07/24/2017 07/24/17 For Sale $295,000 -- $56 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,768 $66,900 $0 $0
2024 $1,843 $65,900 $0 $0
2023 $1,949 $68,600 $0 $0
2022 $3,114 $59,600 $0 $0
2021 $3,019 $52,300 $0 $0
2020 $2,988 $51,700 $0 $0
2019 $3,167 $54,800 $0 $0
2018 $3,156 $54,600 $0 $0
2017 $3,299 $59,300 $0 $0
2016 $1,616 $60,200 $0 $0
2015 -- $72,800 $0 $0
2014 -- $66,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31326334

Michigan Multiple Listing Service

APN: 310-160-100-040-00