Jennifer Hemstrom
Thrive Realty Company
(947) 224-7983
234 Total Sales
1 in Algonac
$185,000 Price
521 State St Algonac, MI 48001
Algonac AreaEstimated Value: $467,601
16
Beds
12
Baths
7,552
Sq Ft
$62/Sq Ft
Est. Value
About This Home
As of August 2022Twelve unit Multi-Family building featuring (Eight) One bedrooms units & (Four) Two bedroom units. Eight of the Twelve units have been updated. Newer roof & mechanicals. Algonac is a great location for rentals with a demanding market and low inventory of availability. Current owner has always been proactive on maintenance & repairs. Do not miss this opportunity on a great income producing asset.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Kee Realty Washin License #6506046630 Listed on: 05/03/2022
Last Buyer's Agent
Berkshire Hathaway HomeServices Kee Realty Washin License #6506046630 Listed on: 05/03/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1970 | Remodeled in 2020
Lot Details
- 17,860 Sq Ft Lot
- Lot Dimensions are 150.00x120.00
Home Design
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
Interior Spaces
- 12 Full Bathrooms
- 7,552 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Parking
- Paved Parking
- Unassigned Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 74011110012000
Community Details
Overview
- 12 Units
- Assessors Plat No 1 Algonac Subdivision
Pet Policy
- Dogs and Cats Allowed
- Breed Restrictions
- The building has rules on how big a pet can be within a unit
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
Listed on
May 3, 2022
Closed on
Aug 25, 2022
Sold by
Paramount 521 State Llc
Bought by
Seller's Agent
Ron Trombetti
Berkshire Hathaway HomeServices Kee Realty Washin
Buyer's Agent
Ron Trombetti
Berkshire Hathaway HomeServices Kee Realty Washin
List Price
$624,900
Sold Price
$400,000
Premium/Discount to List
-$224,900
-35.99%
Views
2
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
$67,601
Avg. Annual Appreciation
3.91%
Purchase Details
Closed on
Aug 26, 2017
Sold by
Kralik Trust
Bought by
Varney Ronald
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 23, 2017
Sold by
Ronald J Varney Estate
Bought by
Larko Edwin F and Larko Jaqueline
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 15, 2017
Sold by
Lanko Edwin F and Lanko Jacqueline
Bought by
Paramount 521 State Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 26, 2013
Sold by
The Mary E Kralik Revocable Living Trust
Bought by
Varney Ronald
Purchase Details
Closed on
Aug 15, 2013
Sold by
521 State Stree Llc
Bought by
Kralik Mary E
Purchase Details
Closed on
Nov 20, 2007
Sold by
Kralik Mary E
Bought by
521 State Street Llc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Algonac, MI
-
Jennifer Hemstrom
-
Eric Rasmussen
Eric Rasmussen
Berkshire Hathaway HomeServices Kee Realty NB
(517) 701-3397
152 Total Sales
4 in Algonac
$167K - $335K Price Range
-
Dawn Waldrip Bertani
Dawn Waldrip Bertani
Real Estate One Inc-Shelby
(586) 571-8718
81 Total Sales
1 in Algonac
$225,000 Price
-
Troy Zibkowski
Troy Zibkowski
Real Estate One Inc-Shelby
(586) 281-5704
133 Total Sales
1 in Algonac
$159,900 Price
-
Kimberly Agemy
Kimberly Agemy
EXP Realty Shelby Twp
(586) 257-2570
139 Total Sales
1 in Algonac
$191,000 Price
-
Andrea Zoet
Andrea Zoet
Epique Realty
(616) 512-1898
68 Total Sales
1 in Algonac
$166,000 Price
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 |
|---|---|---|---|
| $400,000 | First Premier Title | ||
| Kizy Mike | $400,000 | First Premier Title | |
| Paramount 521 State Llc | $337,000 | Fidelity National Title | |
| Paramount 521 State Llc | $337,000 | Fidelity National Title | |
| Varney Ronald | $200,000 | -- | |
| Varney Ronald | $200,000 | -- | |
| Larko Edwin F | $300,000 | Ata National Title | |
| Larko Edwin F | $300,000 | Ata National Title | |
| Varney Ronald | -- | None Available | |
| Kralik Mary E | -- | None Available | |
| Varney Ronald | -- | None Available | |
| Kralik Mary E | -- | None Available | |
| Kralik Mary E | -- | None Available | |
| Kralik Mary E | -- | None Available | |
| 521 State Street Llc | -- | None Available | |
| 521 State Street Llc | -- | None Available |
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 | $492,000 |
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 |
|---|---|---|---|---|
| 08/29/2022 08/29/22 | Sold | $400,000 | -36.0% | $53 / Sq Ft |
| 08/26/2022 08/26/22 | Pending | -- | -- | -- |
| 07/26/2022 07/26/22 | For Sale | $624,900 | +56.2% | $83 / Sq Ft |
| 07/10/2022 07/10/22 | Pending | -- | -- | -- |
| 05/08/2022 05/08/22 | Off Market | $400,000 | -- | -- |
| 05/08/2022 05/08/22 | Pending | -- | -- | -- |
| 05/03/2022 05/03/22 | For Sale | $624,900 | 0.0% | $83 / Sq Ft |
| 01/06/2022 01/06/22 | Rented | $600 | +4.3% | -- |
| 01/01/2022 01/01/22 | Under Contract | -- | -- | -- |
| 12/02/2021 12/02/21 | Price Changed | $575 | -4.2% | $1 / Sq Ft |
| 11/12/2021 11/12/21 | For Rent | $600 | -7.7% | -- |
| 08/31/2021 08/31/21 | Rented | $650 | 0.0% | -- |
| 08/21/2021 08/21/21 | For Rent | $650 | -- | -- |
Source: Realcomp
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 | $8,516 | $249,800 | $0 | $0 |
| 2025 | $6,030 | $211,400 | $0 | $0 |
| 2024 | $7,751 | $145,300 | $0 | $0 |
| 2023 | $7,455 | $141,300 | $0 | $0 |
| 2022 | $6,555 | $135,600 | $0 | $0 |
| 2020 | $6,336 | $121,900 | $35,200 | $86,700 |
| 2019 | $6,192 | $120,300 | $0 | $0 |
| 2018 | $6,094 | $99,300 | $0 | $0 |
| 2017 | $3,728 | $90,500 | $0 | $0 |
| 2016 | $3,510 | $90,500 | $0 | $0 |
| 2015 | -- | $84,700 | $23,500 | $61,200 |
| 2014 | -- | $65,300 | $23,500 | $41,800 |
| 2013 | -- | $71,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Trombetti
Seller's Agent in 2022
Ron Trombetti
Berkshire Hathaway HomeServices Kee Realty Washin
(248) 565-7673
233 Total Sales
-
DM
Seller's Agent in 2022
David Meesseman
Berkshire Hathaway HomeServices Kee Realty
-
AG
Seller's Agent in 2021
Ashley Gittler
Berkshire Hathaway HomeServices Kee Realty NB
Map
Source: Realcomp
MLS Number: 2220032279
APN: 01-111-0012-000
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IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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