NOT LISTED FOR SALE

511 Cedar St Unit 511 Sault Sainte Marie, MI 49783

-- Bed
-- Bath
2,320 Sq Ft
1930 Built

Last Sold May 01, 2024

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

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,752

Year Built

  • Built in 1930

Lot Details

  • 2,320 Sq Ft Lot

Parking

  • Garage

Home Design

  • Cedar

Interior Spaces

  • 2,320 Sq Ft Home
  • 2-Story Property
  • Basement

Community Details

  • 2 Units
  • Electric Expense $1,140

Listing and Financial Details

  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 051-031-033-00; 051-031-035-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,752

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Construction: Frame
  • Directions: Johnston street north over canal bridge, left onto Cedar Street, 1st home on left side.
  • Listing Member Name: Jane Merrell
  • Listing Office Short Id: 089
  • Prop. Type: B
  • Co Selling Member Short Id: 7792
  • Selling Office Short Id: 089
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Master Plan Zoning: Residential
  • Annual Electric: 1140.00
  • Year Built: 1930
  • Net Income: 9000.00
  • Number Of Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Source of Sq Ft: Appraisal
  • Other Tax Parcel ID: 051-031-033-00; 051-031-035-00
  • Total Finished Sq Ft: 2320.00

Exterior Features

  • Water View: No
  • Exterior: Asphalt Shingle, Cedar, Wood

Garage/Parking

  • Garage/Parking: 4
  • Parking Features:Workshop in Garage: Yes

Utilities

  • Utilities: One Meter
  • Water and Sewer: City Sewer, City Water

Schools

  • School District: Sault Ste Marie
  • Junior High Dist: Sault Ste Marie
  • Elem School Dist Number: 511

Lot Info

  • Lot Size: 223.76 x 138.18
  • Homestead: Yes
  • Lot Sq Ft: 2320.00

Rental Info

  • Lease V: 70500.00
  • Util Pd By Owner: Electricity, Gas, Water

Tax Info

  • Taxable Value: 56564.00

Multi Family

  • Total Number Units: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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

Agents Affiliated with this Home

  • Jane Merrell

    Seller's Agent in 2024

    Jane Merrell

    RE/MAX NorthStar Realty

    (906) 748-1089

    11 in this area

    88 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. 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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