NOT LISTED FOR SALE

516 W Main St Manchester, MI 48158

Estimated Value: $276,000 - $356,000

-- Bed
-- Bath
-- Sq Ft
0.61 Acres

Last Sold November 15, 2021

Last sale price $225,000

Est. 44% increase in value since last sale

Current estimated payment $2,018/month

28 Days on Market

Highlights

  • 0.61 Acre Lot
  • Community Storage Space
  • 4-minute walk to Carr Park
  • Laundry Facilities

About This Home

As of November 2021

This home is located at 516 W Main St, Manchester, MI 48158 since 14 October 2021 and is currently estimated at $315,684. This property was built in 1870. 516 W Main St is a home located in Washtenaw County with nearby schools including Luther C. Klager Elementary School, Riverside Intermediate School, and Manchester Junior & High School.

Last Agent to Sell the Property

Pat Fielder

Keller Williams Ann Arbor Mrkt License #6501346465 Listed on: 10/14/2021

Keller Williams Ann Arbor Mrkt

Last Buyer's Agent

Jeffrey Post

@properties Christie's Int'lAA License #6501358845

@properties Christie's Int'lAA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,577

Year Built

  • Built in 1870

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 116' 231' x116' x 231'

Parking

  • 6 Parking Spaces

Home Design

  • Slab Foundation

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Partial Basement
  • Crawl Space

Listing and Financial Details

  • Tenant pays for electric

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Insurance Expense $1,500
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,577

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1870
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 116' 231' x116' x 231'
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4577.0
  • Tax Info:Zoning3: RI
  • General Property Info:Total _pound_ Units: 3
  • Substructure:Full: Yes
  • Substructure:Partial: Yes
  • Substructure:Slab: Yes
  • Substructure:Walk Out: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Michigan Basement, Slab, Walk Out, Full, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 224700.0

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Storage: Yes

Lot Info

  • Lot Size Acres: 0.61
  • Lot Size Area: 0.61
  • Lot Dimensions: 116' 231' x116' x 231'
  • Lot Size Sq Ft: 26572.0
  • Zoning Description: RI
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 30000.0
  • Insurance Expense: 1500.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 4577.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2024
Sold by
Lemmer Peter L and Lemmer Alice G
Bought by
516 W Main Llc
Current Estimated Value
$324,548

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 12, 2021
Sold by
Miller Carol M
Bought by
Lemmer Peter L
Seller's Agent
Pat Fielder
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Jeffrey Post
@properties Christie's Int'lAA
List Price
$224,700
Sold Price
$225,000
Premium/Discount to List
$300
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%

Purchase Details

Closed on
Mar 28, 2007
Sold by
Miller Glenn N
Bought by
Miller Carol M
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
516 W Main Llc -- None Listed On Document
Lemmer Peter L $225,000 Liberty Title
Miller Carol M -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $225,000 +0.1% --
11/11/2021 11/11/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $224,700 -- --
Source: Southwestern Michigan 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 $2,893 $131,000 $0 $0
2024 $2,893 $126,100 $0 $0
2023 $2,662 $112,650 $0 $0
2022 $6,911 $104,850 $0 $0
2021 $4,170 $96,900 $0 $0
2020 $4,577 $94,900 $0 $0
2019 $5,482 $92,050 $92,050 $0
2018 $5,374 $86,800 $0 $0
2017 $3,930 $85,800 $0 $0
2016 $2,065 $76,166 $0 $0
2015 -- $75,939 $0 $0
2014 -- $73,567 $0 $0
2013 -- $73,567 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Pat Fielder

    Keller Williams Ann Arbor Mrkt

    Section Image
  • Jeffrey Post

    Buyer's Agent in 2021

    Jeffrey Post

    @properties Christie's Int'lAA

    (734) 476-8326

    1 in this area

    114 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20047

Southwestern Michigan Association of REALTORS®

APN: 16-02-363-012

Michigan Washtenaw County Manchester 48158

516 W Main St, Manchester, MI

This home is located at 516 W Main St, Manchester, MI 48158 since 14 October 2021 and is currently estimated at $315,684. This property was built in 1870. 516 W Main St is a home located in Washtenaw County with nearby schools including Luther C. Klager Elementary School, Riverside Intermediate School, and Manchester Junior & High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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