NOT LISTED FOR SALE

515 State St Algonac, MI 48001

Estimated Value: $169,000 - $230,412

4 Beds
2 Baths
1,878 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 14, 2019

Last sale price $88,000 $47 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,370/month

4 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Baseboard Heating
  • Corner Lot
  • Laundry in Utility Room

About This Home

As of August 2019

Attention Investors: A little TLC could bring in a good profit. All appliances included, Including Washer and Dryer. Brick construction, Newer Roof.

Last Agent to Sell the Property

Greg Kunnath

Berkshire Hathaway HomeServices Kee Realty NB License #MISPE-6506043958 Listed on: 07/22/2019

Berkshire Hathaway HomeServices Kee Realty NB

Last Buyer's Agent

Greg Kunnath

Berkshire Hathaway HomeServices Kee Realty NB License #MISPE-6506043958 Listed on: 07/22/2019

Berkshire Hathaway HomeServices Kee Realty NB

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater
  • Internet Available

Community Details

  • 2 Units
  • Assessors 1 Algonac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-111-0013-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,654

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: Duplex, Investment
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Flood Plain: Unknown
  • Total Tax Amount: 1654
  • Total Tax Year: 2018
  • Mail City: Algonac
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Sub Room Description: Utility/Laundry Room
  • Estimated Sq Ft: 1878

Exterior Features

  • Construction: Brick
  • Exterior Features: Patio
  • Foundation Type: Slab
  • Roads: City/County, Paved Street

Garage/Parking

  • Parking: 2 Spaces

Utilities

  • Water: Public Water
  • Water Heater: Electric
  • Fuel Type: Electric
  • Heating System: Baseboard
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Sidewalks, Pets-Allowed

Lot Info

  • Assessor Parcel Number: 01-111-0013-000
  • Location: Corner Lot
  • Acreage: 0.21
  • Lot Description: Sidewalks
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $1,581.00
  • Winter Tax: Year: 2018, Amount: $73.00
  • Total Tax: Year: 2018, Amount: $1,654.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Algonac Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2023
Sold by
Weber Michael
Bought by
Ryniak Investment Property Llc
Current Estimated Value
$194,103

Purchase Details

Listed on
Jul 22, 2019
Closed on
Aug 26, 2019
Sold by
Nancy Marracco
Bought by
Weber Michael
Seller's Agent
Greg Kunnath
Berkshire Hathaway HomeServices Kee Realty NB
Buyer's Agent
Greg Kunnath
Berkshire Hathaway HomeServices Kee Realty NB
List Price
$99,900
Sold Price
$88,000
Premium/Discount to List
-$11,900
-11.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%

Purchase Details

Listed on
Jul 22, 2019
Closed on
Aug 14, 2019
Sold by
Nancy Marracco and Marracco Paul
Bought by
Weber Michael
Seller's Agent
Greg Kunnath
Berkshire Hathaway HomeServices Kee Realty NB
Buyer's Agent
Greg Kunnath
Berkshire Hathaway HomeServices Kee Realty NB
List Price
$99,900
Sold Price
$88,000
Premium/Discount to List
-$11,900
-11.91%

Purchase Details

Closed on
Mar 5, 2010
Sold by
Bayly Brian W
Bought by
Marracco Nancy and Marracco Paul

Purchase Details

Closed on
Jun 26, 2008
Sold by
Ackerman James A and Ackerman Jacqueline M
Bought by
National City Real Estate Services Llc
Source: Public Records

Range of Values:

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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
Ryniak Investment Property Llc -- Bell Title
Weber Michael $88,000 New Title Company Name
Weber Michael $88,000 New Title Company Name
Marracco Nancy $27,000 None Available
National City Real Estate Services Llc $118,041 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2019 08/14/19 Sold $88,000 -11.9% $47 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $99,900 -- $53 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,573 $62,000 $0 $0
2024 $3,573 $59,100 $0 $0
2023 $2,191 $49,200 $0 $0
2022 $2,204 $41,400 $0 $0
2021 $2,141 $36,000 $0 $0
2020 $2,142 $31,600 $5,500 $26,100
2019 $1,681 $26,800 $0 $0
2018 $1,654 $25,800 $0 $0
2017 $1,590 $26,000 $0 $0
2016 $1,516 $26,000 $0 $0
2015 -- $24,900 $5,500 $19,400
2014 -- $21,900 $5,500 $16,400
2013 -- $22,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31388029

Michigan Multiple Listing Service

APN: 01-111-0013-000