NOT LISTED FOR SALE

511 Cedar St Unit 511 Sault Sainte Marie, MI 49783

Estimated Value: $107,000

5 Beds
2 Baths
2,320 Sq Ft
$46/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $180,500 $78 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $806/month

218 Days on Market

About This Home

As of May 2024

Attention Investors! This unique duplex offers the best of both worlds - an Owner-Occupied Rental in a prime location. Transform it back into a grand 5-6-bedroom home or keep it as is. The main floor boasts a spacious open concept 2-bedroom unit with a new custom kitchen, marble backsplash, granite double sink, and stainless-steel appliances. Enjoy the dining area with a wall of windows overlooking the fenced yard. There's also an enclosed front porch, a rear porch for added storage, access to the organized basement and huge yard. Plus, over half an acre of land, a 30x30 detached double garage, 2 sheds (8x8 & 12x12), and a well-maintained 2-bedroom second-floor apartment with built-ins, original hardwood floors, a lovely yard, and off-street parking. Don't miss this opportunity.

Last Agent to Sell the Property

Jane Merrell

RE/MAX NorthStar Realty License #6501437792 Listed on: 09/25/2023

RE/MAX NorthStar Realty

Last Buyer's Agent

Jane Merrell

RE/MAX NorthStar Realty License #6501437792 Listed on: 09/25/2023

RE/MAX NorthStar Realty

Range of Values:

Collateral Analytics

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ICE

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First American

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Lewis Bennie F $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $180,500 -7.4% $78 / Sq Ft
02/20/2024 02/20/24 Price Changed $195,000 0.0% $84 / Sq Ft
02/20/2024 02/20/24 For Sale $195,000 +8.0% $84 / Sq Ft
11/08/2023 11/08/23 Off Market $180,500 -- --
10/18/2023 10/18/23 Price Changed $185,000 -5.1% $80 / Sq Ft
09/25/2023 09/25/23 For Sale $195,000 -- $84 / Sq Ft
Source: Fayette-Nicholas Board of REALTORS®

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
2024 $2,468 $0 $0 $0
2023 $2,468 $0 $0 $0
2022 $2,468 $53,400 $0 $0
2021 $2,900 $51,500 $0 $0
2020 $2,871 $48,800 $0 $0
2019 $2,277 $48,600 $0 $0
2018 $2,827 $44,000 $0 $0
2017 $1,712 $43,400 $0 $0
2016 $1,692 $42,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jane Merrell

    Seller's Agent in 2024

    Jane Merrell

    RE/MAX NorthStar Realty

    (906) 748-1089

    83 Total Sales

    Jane Merrell
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Map

Source: Fayette-Nicholas Board of REALTORS®

MLS Number: 23-883

APN: 051-031-035-00

Michigan Chippewa County Sault Sainte Marie 49783

511 Cedar St Unit 511, Sault Sainte Marie, MI

This home is located at 511 Cedar St Unit 511, Sault Sainte Marie, MI 49783 since 25 September 2023 and is currently estimated at $107,000, approximately $46 per square foot. This property was built in 1930. 511 Cedar St Unit 511 is a home located in Chippewa County with nearby schools including Lincoln School, Sault Area Middle School, and Sault Area High School.

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