NOT LISTED FOR SALE

511 E Michigan Ave Marshall, MI 49068

Marshall Area

Estimated Value: $220,000 - $257,000

4 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: May 1, 2024

Last sale price $197,000

Est. 19% increase in value since last sale

Current estimated payment $1,474 / mo

111 Days on Market

Highlights

  • Accessible Approach with Ramp
  • Forced Air Heating and Cooling System
  • Level Lot
  • Marshall High School Rated 9+
  • High Speed Internet
  • Wood Siding

About This Home

As of May 2024

Call Matt Davis, 269-967-3321 OH THE POSSIBILITIES. Located just a block East of Main Street Downtown Marshall. This home offers amazing opportunity. Currently set up as a 2 unit, an upstairs apartment, and main floor living, which could easily be returned back to a single family home. With proximity just steps from downtown, income production options as it sits are strong with good long term (upstairs along is $1200/mt) or short term rental (Airbnb) options. Single family living is also an awesome option. Interior condition is updated on both levels, the home retains much of its historical charm and lots of beautiful wood accents, as well as main flor laundry, there a spacious back yard and porches on front and back (screened).

Last Agent to Sell the Property

Matt Davis

Real Estate One Rosemary Davis License #6502412014 Listed on: 12/22/2023

Real Estate One Rosemary Davis

Last Buyer's Agent

Matt Davis

Real Estate One Rosemary Davis License #6502412014 Listed on: 12/22/2023

Real Estate One Rosemary Davis

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,097

Year Built

  • Built in 1905

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66' x 132'
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Accessible Home Design

  • Accessible Approach with Ramp
  • Accessible Ramps

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Additional Features

  • Laundry on main level
  • Michigan Basement

Community Details

  • 8 Units

Listing and Financial Details

  • The owner pays for trash collection, electricity, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,097

Year Built

Built in 1905

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1905
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 121.75
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66' x 132'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 8
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Substructure:Michigan Basement: Yes
  • Accessibility Feat:Ramped Entrance: Yes
  • Laundry Features Main Level: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Phone Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 4097.0
  • Util Avail at Street:High Speed Internet: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Ramped Entrance
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 209900.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Utilities: Phone Available, Cable Available, Phone Connected, Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66' x 132'
  • Lot Size Sq Ft: 8712.0

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 8

Tax Info

  • Tax Annual Amount: 4097.0
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2024
Sold by
Bought by
Current Estimated Value
$233,549

Purchase Details

Listed on
Dec 22, 2023
Closed on
Apr 30, 2024
Sold by
Bought by
Seller's Agent
Matt Davis
Real Estate One Rosemary Davis
Buyer's Agent
Matt Davis
Real Estate One Rosemary Davis
List Price
$209,900
Sold Price
$197,000
Premium/Discount to List
-$12,900
-6.15%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$157,600
Interest Rate
0.0682%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 21, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 29, 2002
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 1994
Sold by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$197,000 Chicago Title
-- None Available
-- None Available
-- --
$39,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $157,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $197,000 -6.1% --
12/22/2023 12/22/23 For Sale $209,900 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,674 $118,000 $0 $0
2025 $5,337 $105,400 $0 $0
2024 $1,135 $99,700 $0 $0
2023 $3,855 $84,500 $0 $0
2022 $2,799 $70,300 $0 $0
2021 $3,742 $66,400 $0 $0
2020 $856 $62,300 $0 $0
2019 $0 $51,100 $0 $0
2018 $0 $51,800 $9,500 $42,300
2017 $0 $50,000 $0 $0
2016 $0 $48,500 $0 $0
2015 -- $49,200 $0 $0
2014 -- $51,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23145556

MichRIC

APN: 53-001-074-00

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