Seller's Agent in 2024
Jane Merrell
RE/MAX Michigan
(906) 748-1089
11 in this area
88 Total Sales
511 Cedar St Sault Sainte Marie, MI 49783
Estimated Value: $127,000 - $188,000
--
Bed
--
Bath
2,320
Sq Ft
$68/Sq Ft
Est. Value
Highlights
- Separate Formal Living Room
- Patio
- Garage
- Formal Dining Room
- Storage
- Private Entrance
About This Home
As of May 2024Attention 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
RE/MAX NorthStar Realty License #6501437792 Listed on: 09/15/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,752
Year Built
- Built in 1930
Lot Details
- 2,320 Sq Ft Lot
- Lot Dimensions are 223.76 x 138.18
- Private Entrance
- Fenced
- Property is in good condition
Home Design
- Duplex
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Cedar Siding
Interior Spaces
- 2,320 Sq Ft Home
- 2-Story Property
- Separate Formal Living Room
- Formal Dining Room
- Open Floorplan
- Storage
- Washer and Dryer Hookup
- Utility Room
- Carpet
- Basement
Parking
- Garage
- 4 Car Parking Spaces
Outdoor Features
- Patio
Utilities
- Master Meter
- Gas Available
Listing and Financial Details
- Homestead Exemption
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $1,140
- Water Sewer Expense $1,100
- Gross Income $9,000
- Net Operating Income $9,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 15, 2023
Closed on
May 1, 2024
Sold by
Lewis Bennie F
Bought by
Thomson Christopher and Thomson Jessica
Seller's Agent
Jane Merrell
RE/MAX NorthStar Realty
Buyer's Agent
Jane Merrell
RE/MAX NorthStar Realty
List Price
$195,000
Sold Price
$180,500
Premium/Discount to List
-$14,500
-7.44%
Views
161
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,116
Avg. Annual Appreciation
-9.86%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thomson Christopher | $180,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lewis Bennie F | $31,000 | |
| Previous Owner | Lewis Bennie F | $117,600 |
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 |
| 09/15/2023 09/15/23 | For Sale | $195,000 | -- | $84 / Sq Ft |
Source: Eastern Upper Peninsula Board of REALTORS®
Tax History Compared to Growth
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 | $3,658 | $88,600 | $0 | $0 |
| 2024 | $2,194 | $76,900 | $0 | $0 |
| 2023 | $284 | $70,500 | $0 | $0 |
| 2022 | $284 | $8,000 | $0 | $0 |
| 2021 | $1,186 | $11,200 | $0 | $0 |
| 2020 | $1,204 | $10,200 | $0 | $0 |
| 2019 | $261 | $8,800 | $0 | $0 |
| 2018 | $1,294 | $8,200 | $0 | $0 |
| 2017 | $208 | $5,700 | $0 | $0 |
| 2016 | $219 | $6,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jane Merrell
Map
Source: Eastern Upper Peninsula Board of REALTORS®
MLS Number: 23-883
APN: 051-031-033-00
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