NOT LISTED FOR SALE

515 5th St Calumet, MI 49913

Estimated Value: $116,867 - $161,000

Studio
-- Bath
5,760 Sq Ft
$24/Sq Ft Est. Value

Last Sold August 25, 2014

Last sale price $60,000 $10 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $620/month

391 Days on Market

Highlights

  • 0.43 Acre Lot
  • Laundry Facilities
  • Wood Siding

About This Home

As of August 2014

This property and it's partner at 514 Fifth Street work every way possible for the smart investor! Four unit apartment building with storage for each tenant, updated kitchens and baths, plenty of parking and a excellent location close to a township waterfront park and 4 season trail system. Maybe you can recognize the other ways to invest in this property...you're a contractor or have the talent to convert this to a single family home and resell. Look at the other adjacent homes...exactly! Maybe you're the actual buyer looking for a home and can't find a modern pre-owned property to call home. Bring your contractor and let's talk about the conversion possibilities!

Last Agent to Sell the Property

Babette JOKELA

SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS License #UPAR Listed on: 06/04/2013

Last Buyer's Agent

Babette JOKELA

SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS License #UPAR Listed on: 06/04/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 100 x 188

Home Design

  • Slab Foundation
  • Wood Siding

Utilities

  • Internet Available

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 014-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Year Built: 1974
  • Mail City: Calumet
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable/Internet Avail.

Exterior Features

  • Construction: Wood
  • Foundation Type: Slab

Utilities

  • Water: Public Water
  • Fuel Type: Electric
  • Heating System: Electric Heat
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 014-00
  • Lot Dimensions: 100 x 188
  • Acreage: 0.43
  • Geo Subdivision: MI

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Public Schools of Calumet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2013
Closed on
Aug 25, 2014
Seller's Agent
Babette JOKELA
SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS
Buyer's Agent
Babette JOKELA
SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS
List Price
$82,500
Sold Price
$60,000
Premium/Discount to List
-$22,500
-27.27%
Current Estimated Value
$116,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,114
Avg. Annual Appreciation
7.65%
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

Date Buyer Sale Price Title Company
-- $120,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2014 08/25/14 Sold $60,000 -27.3% $10 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
06/04/2013 06/04/13 For Sale $82,500 -- $14 / Sq Ft
Source: Upper Peninsula Association 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
2025 -- $0 $0 $0
2024 $146 $0 $0 $0
2023 $146 $0 $0 $0
2022 $146 $0 $0 $0
2020 $146 $0 $0 $0
2019 $146 $2,208 $0 $0
2018 $2,438 $37,500 $0 $0
2017 $2,436 $37,500 $0 $0
2016 -- $37,500 $0 $0
2015 -- $37,500 $0 $0
2014 -- $37,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Babette JOKELA

    Seller's Agent in 2014

    Babette JOKELA

    SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS

    14 in this area

    44 Total Sales

    Babette JOKELA
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071334

Upper Peninsula Association of REALTORS®

APN: 041-128-004-00

Michigan Houghton County Calumet 49913

515 5th St, Calumet, MI

Not Listed for Sale

MultiFamily

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