NOT LISTED FOR SALE

50961 Taylor St New Baltimore, MI 48047

Estimated Value: $474,692 - $613,000

15 Beds
11 Baths
4,724 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $300,000 $64 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,686/month

177 Days on Market

Highlights

  • 0.48 Acre Lot
  • Forced Air Heating System
  • 5-minute walk to Walter and Mary Burke Park

About This Home

As of April 2017

This sale includes 2 buildings: a duplex and building with 6 units. The unit breakdown for the larger building is: (2) 1 bed, 1 bath; 3 bed, 2 bath; (3) 2 bed, 1 bath. For the duplex: (2) 2 bed, 1 1/2 bath. The duplex is townhouse style. The middle 4 units are colonial and each end unit is a ranch in the larger building. Laundry facility is on site. There is a parking lot for tenants' use and each unit has a storage unit outside. Appliances are included.

Last Agent to Sell the Property

Samantha Hickey

Janis DeGregory & Associates License #6501373117 Listed on: 09/29/2016

Co-Listed By

Janis DeGregory

Janis DeGregory & Associates License #6502373048

Last Buyer's Agent

Shatay Acevedo

5th Avenue Realty Inc. License #RCO-6501390684

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1965

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 117.00x177.00

Parking

  • Paved Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,724 Sq Ft Home
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 8 Units
  • A/P # 12 New Baltimore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0913468009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,464

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Assessment: 16.18
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 9.20
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Sq Ft Combined: 4724
  • Total Sq Ft: 4724

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Anchor Bay

Lot Info

  • List Price per Acre: 729166.6667
  • Lot Size Area: 0.48
  • Lot Dimensions: 117.00X177.00
  • Parcel Number: 0913468009
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Water/Sewer, Yard Maintenance
  • Monthly Rental Income: 4320

Tax Info

  • Tax Amount Summer: 5506.0000
  • Tax Amount Winter: 1958.0000
  • Total Tax: 7464.0000

Multi Family

  • Gross Scheduled Income: 51840.00
  • Number Of Units Total: 8
  • Number of One Bedroom Units: 2
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 5
  • Number Of Units Leased: 7

MLS Schools

  • School District: Anchor Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2018
Sold by
Cali Arthur and Coli Artur
Bought by
Ishell Investments Llc
Current Estimated Value
$533,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$136,558
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$396,615

Purchase Details

Listed on
Sep 29, 2016
Closed on
Apr 14, 2017
Sold by
Sobczalc Family Ltd Partnership
Bought by
Cali Arthur
Seller's Agent
Samantha Hickey
Janis DeGregory & Associates
Buyer's Agent
Shatay Acevedo
5th Avenue Realty Inc.
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
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
Ishell Investments Llc -- Mason Burgess Title Agency
Cali Arthur $300,000 Mason Burgess Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ishell Investments Llc $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $300,000 -14.3% $64 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
09/29/2016 09/29/16 For Sale $350,000 -- $74 / Sq Ft
Source: Realcomp

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 $10,303 $242,100 $0 $0
2024 $7,587 $243,200 $0 $0
2023 $7,242 $219,600 $0 $0
2022 $9,387 $191,700 $0 $0
2021 $9,052 $189,700 $0 $0
2020 $6,676 $187,500 $0 $0
2019 $8,663 $156,000 $0 $0
2018 $0 $141,000 $0 $0
2017 $7,513 $138,800 $37,300 $101,500
2016 $7,453 $138,800 $0 $0
2015 -- $138,500 $0 $0
2012 -- $159,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216096267

Realcomp

APN: 06-09-13-468-009