$60,000
SOLD MAR 2, 2021

510 W Main St Durand, MI 48429

4 Beds
3 Baths
1,753 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$34 Per Sq Ft

14% Below List Price

214 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 2 Car Garage
  • Covered Patio or Porch

About This Home

As of August 2022

Great investment opportunity. This spacious 1 & 3 bedroom rental is located in downtown. Updates in 2018 include; new roof/gutters and furnace. Updated kitchen in lower unit. New toilet installed upstairs. Both units occupied. Please allow 24 hr advance notice for showing. Landlord pay gas/electric for upper unit which ranges about $150 per month, downstairs tenant pays for their gas/electric. Landlord pays water/sewer which is around $150 month.

Last Agent to Sell the Property

Joni Shore

Coldwell Banker Professionals License #6501416162 Listed on: 06/20/2020

Coldwell Banker Professionals

Last Buyer's Agent

Matthew Brown

BHHS Heritage Real Estate License #6501365661

BHHS Heritage Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 66 x 132

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3 Full Bathrooms
  • 1,753 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Sump Pump

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • J C Brands 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0202000200200

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Duplex
  • Architecture Level: 2 Story
  • Year Built: 1900
  • State Equalized Value: 33780.0000
  • Foundation Features: Sump Pump
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Type: Unfinished
  • Sq Ft Combined: 1753
  • Total Sq Ft: 1753

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Michigan Basement
  • Construction Materials: Wood
  • Foundation Materials: Block
  • Frontage Feet: 66
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Durand

Lot Info

  • List Price per Acre: 368421.0526
  • Lot Size Area: 0.19
  • Lot Dimensions: 66 x 132
  • Parcel Number: 0202000200200
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1300

Tax Info

  • Tax Amount Summer: 1089.0000
  • Tax Amount Winter: 1106.0000
  • Total Tax: 2195.0000
  • Taxable Value: 31805.0000

Multi Family

  • Gross Scheduled Income: 15600.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Durand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 11, 2022
Sold by
Mandi Ettinger
Bought by
Ropp Bryce
Seller's Agent
Brooke Locke
Keller Williams Realty Lansing
Buyer's Agent
Non Member
Non Member Office
List Price
$100,000
Sold Price
$90,952
Premium/Discount to List
-$9,048
-9.05%
Views
3
Current Estimated Value
$133,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,615
Avg. Annual Appreciation
13.47%

Purchase Details

Listed on
Jun 20, 2020
Closed on
Mar 2, 2021
Sold by
Gokee Thomas and Gokee Stephanie
Bought by
Ettinger Mandi
Seller's Agent
Joni Shore
Coldwell Banker Professionals
Buyer's Agent
Matthew Brown
BHHS Heritage Real Estate
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-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
33.23%

Purchase Details

Closed on
May 4, 2017
Sold by
Garner June M
Bought by
Emerald Angel Properties Llc

Purchase Details

Closed on
Apr 24, 2014
Sold by
Garner June M and Garner Bruce W
Bought by
Garner June M and Garner Bruce W
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 Type Sale Price Title Company
Warranty Deed $90,952 None Listed On Document
Warranty Deed $60,000 Liberty Title
Warranty Deed $60,000 Liberty Title
Warranty Deed $20,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $71,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $90,952 -9.0% $52 / Sq Ft
07/14/2022 07/14/22 For Sale $100,000 +66.7% $57 / Sq Ft
03/02/2021 03/02/21 Sold $60,000 -14.3% $34 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
12/12/2020 12/12/20 For Sale $70,000 0.0% $40 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
09/18/2020 09/18/20 Price Changed $70,000 -6.7% $40 / Sq Ft
08/31/2020 08/31/20 Price Changed $75,000 -6.3% $43 / Sq Ft
06/20/2020 06/20/20 For Sale $80,000 -- $46 / 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 $4,523 $71,310 $0 $0
2024 $4,523 $67,190 $0 $0
2023 $3,603 $60,270 $0 $0
2022 $2,378 $51,700 $0 $0
2021 $2,378 $44,070 $0 $0
2020 $2,304 $38,180 $0 $0
2019 $2,207 $31,060 $0 $0
2018 $2,212 $30,980 $0 $0
2017 $1,900 $30,270 $0 $0
2016 -- $30,270 $0 $0
2015 -- $27,700 $0 $0
2014 -- $28,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200046069

Realcomp

APN: 020-20-002-002-00