NOT LISTED FOR SALE

5093 N M 37 Mesick, MI 49668

Estimated Value: $204,000 - $228,000

Studio
-- Bath
1,152 Sq Ft
$187/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $166,000 $144 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,221/month

10 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Ceiling Fan
  • Shed

About This Home

As of June 2022

Investment and or business opportunity! Well kept up to date duplex located just outside the Village of Mesick on N M-37. Unit A is 1 bedroom, and 1 bathroom, with a nice size living, kitchen, and dining area. Unit C is a studio, with an open and spacious floor area. Unit B is designated as storage. The Seller just installed a new storage barn so, there is some flexibility if a new buyer would want to charge a tenant for storage. The Seller has meticulously maintained these units through the years. The property in the past was zoned as commercial. With the appropriate approval, a buyer could possibly have a small business and a rental income in one place. Sale is subject to signed lease agreements.

Last Agent to Sell the Property

Michelle Maidens

REO-Cadillac-233028 Listed on: 04/10/2022

REO-Cadillac-233028

Last Buyer's Agent

Jennifer Edson

Five Star Real Estate - Front St TC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 146x254
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Propane
  • Well
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (Side X Side)
  • Style: Duplex, 1 Story
  • Estimated Year Built: 1993
  • Construction: Frame
  • Univs Design Barrier Free: Grab Bars, Hand Rails
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1993

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Ceiling Fan
  • Range: R 12W
  • Total Finished Sf Apx: 1152

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Finish: Rough-Sawn
  • Foundation: Slab
  • Number Of Acres: 0.94
  • Road: Public Maintained, Concrete
  • Roof: Metal/Steel

Utilities

  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable Tv
  • Water: Private Well
  • Heating Cooling Type: Forced Air, Ductless A/C

Lot Info

  • Lot Dimensions: 146x254
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Rental History

Rental Info

  • Rent Spree Y N: No

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Mesick Consolidated Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2022
Closed on
Jun 7, 2022
Sold by
Cascagnett Sandra K
Bought by
Lukas Ronald R
Seller's Agent
Michelle Maidens
REO-Cadillac-233028
Buyer's Agent
Jennifer Edson
Five Star Real Estate - Front St TC
List Price
$169,900
Sold Price
$166,000
Premium/Discount to List
-$3,900
-2.3%
Current Estimated Value
$215,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,313
Avg. Annual Appreciation
7.39%
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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Purchase History

Date Buyer Sale Price Title Company
Lukas Ronald R $166,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 Sold $166,000 -2.3% $144 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/10/2022 04/10/22 For Sale $169,900 -- $147 / 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 $1,237 $72,200 $0 $0
2024 $3 $53,400 $0 $0
2023 $491 $25,700 $0 $0
2022 $491 $23,200 $0 $0
2021 $782 $18,600 $0 $0
2020 $776 $20,400 $0 $0
2019 $746 $21,800 $0 $0
2018 -- $19,900 $0 $0
2017 -- $20,400 $0 $0
2016 -- $15,500 $0 $0
2015 -- $23,600 $0 $0
2013 -- $17,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Maidens

    Seller's Agent in 2022

    Michelle Maidens

    Real Estate One

    (231) 878-8777

    259 Total Sales

    Michelle Maidens
    Section Image
  • Jennifer Edson

    Buyer's Agent in 2022

    Jennifer Edson

    Five Star Real Estate - Front St TC

    (231) 883-2648

    82 Total Sales

    Jennifer Edson
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1898423

Northern Great Lakes REALTORS® MLS

APN: 2312-01-4402

Michigan Wexford County Mesick 49668

5093 N M 37, Mesick, MI

Not Listed for Sale

MultiFamily

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Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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