NOT LISTED FOR SALE

5230 Pointe Dr Unit 5232 Pointe Drive; 5 East China, MI 48054

East China Township Neighborhood

Estimated Value: $158,000 - $277,000

8 Beds
8 Baths
10,560 Sq Ft
$21/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $700,000 $66 Per Sq Ft

Current estimated payment $1,272/month

Highlights

  • Balcony
  • Patio
  • Maintained Community
  • Marine City High School Rated 9+
  • Baseboard Heating

About This Home

As of September 2021

East China Township 2- 8 Unit Investment Properties must be SOLD as One package. Broken down as 2 units - 4 up 4 down (8 units) 5230 Pointe Dr. ABCD, 5232 Pointe Dr ABCD in back bldg which is 2 buildings attached into one larger building. Plus Front building 5236 Pointe Dr, Units A,B,C,D; 5238 Pointe Dr Units ABCD. 4 up,4 units down again in each of 2 buildings. Each has 1 bedroom, 1 bath, most have laundry closet, 2 storage closets, Living room, kitchen with stove and refrigerator. Total 16 units. Each unit has separate tax ID. So this could be converted to condos at some point and sold. All Tenants are month to month. Most tenants have been there for years. Tenants pay security, their own water and electric. Owner pays common hall electric. snow removal, lawn cutting, exterior maintenance. Mail boxes on premises, ample parking. Upper units have balconies, lower units have patios. Can be purchased for $900,000 if closed within 30 days of acceptance. All offers must be guaranteed .

Last Agent to Sell the Property

Wynne Achatz

Real Estate One Westrick-Marine City License #MISPE-6502118195 Listed on: 04/14/2021

Real Estate One Westrick-Marine City

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1980

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100x200

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater

Community Details

  • Association fees include exterior maintenance, snow removal
  • 8 Units
  • Sunset Manor Condo Sub Plat Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 18-970-0009-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,440

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: Attached
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 14440
  • Total Tax Year: 2020
  • Year Built: 1980
  • Mail City: East China
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 8
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Dining Kitchen: Dining "L"
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 10560

Exterior Features

  • Construction: Brick, Vinyl Siding
  • Exterior Features: Patio, Exterior Balcony
  • Foundation Type: Slab
  • Roads: Paved Street

Utilities

  • Water: Public Water
  • Water Heater: Electric
  • Cooling System: Wall/Window A/C
  • Fuel Type: Electric
  • Heating System: Baseboard, Electric Heat
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal
  • Community Amenities: Grounds Maintenance

Lot Info

  • Assessor Parcel Number: 18-970-0009-000
  • Lot Dimensions: 100x200
  • Acreage: 0.5
  • Lot Description: Deep Lot - 150+ Ft.
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Snow Removal
  • Lease Information: Security Deposit

Tax Info

  • Summer Tax: Year: 2020, Amount: $11,552.00
  • Winter Tax: Year: 2020, Amount: $2,888.00
  • Total Tax: Year: 2020, Amount: $14,440.00

Multi Family

  • Total Units: 8

MLS Schools

  • School District: East China School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Sep 1, 2021
Sold by
Tecc Llc
Bought by
5230 Pointe East China Llc
Seller's Agent
Wynne Achatz
Real Estate One Westrick-Marine City
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$450,000
Sold Price
$700,000
Premium/Discount to List
$250,000
55.56%
Current Estimated Value
$217,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$482,500
Avg. Annual Appreciation
-24.81%
Original Mortgage
$606,475
Outstanding Balance
$551,847
Interest Rate
2.8%
Mortgage Type
Unknown
Estimated Equity
-$334,347

Purchase Details

Closed on
Dec 31, 2015
Sold by
Dyson Estates Llc Ii
Bought by
Tecc Llc

Purchase Details

Closed on
Jun 22, 2010
Sold by
Potts Josephine I and Lafave Christine A
Bought by
Dyson Estates Llc Ii
Source: Public Records

Range of Values:

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Average Value
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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
5230 Pointe East China Llc $700,000 None Available
Tecc Llc $330,000 None Available
Dyson Estates Llc Ii -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5230 Pointe East China Llc $606,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2021 09/08/21 Sold $700,000 -22.2% $66 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
04/14/2021 04/14/21 Price Changed $900,000 +100.0% $85 / Sq Ft
04/14/2021 04/14/21 For Sale $450,000 -- $43 / 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 $1,426 $38,200 $0 $0
2024 $1,110 $34,500 $0 $0
2023 $1,039 $33,200 $0 $0
2022 $1,325 $28,700 $0 $0
2021 $990 $27,000 $0 $0
2020 $990 $26,100 $26,100 $0
2019 $944 $23,900 $0 $0
2018 $951 $21,300 $0 $0
2017 $937 $20,500 $0 $0
2016 $740 $20,500 $0 $0
2015 -- $18,800 $18,800 $0
2014 -- $17,500 $17,500 $0
2013 -- $17,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wynne Achatz

    Seller's Agent in 2021

    Wynne Achatz

    Real Estate One Westrick-Marine City

    (586) 260-7653

    27 in this area

    202 Total Sales

    Wynne Achatz
    Section Image

  • .

    Buyer's Agent in 2021

    . Non Mls Member

    NON MLS Member

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50038888

Michigan Multiple Listing Service

APN: 18-970-0009-000

Michigan St. Clair County East China 48054 East China Township

5230 Pointe Dr Unit 5232 Pointe Drive; 5, East China, MI

This home is located at 5230 Pointe Dr Unit 5232 Pointe Drive; 5, East China, MI 48054 since 14 April 2021 and is currently estimated at $217,500, approximately $20 per square foot. This property was built in 1980. 5230 Pointe Dr Unit 5232 Pointe Drive; 5 is a home located in St. Clair County with nearby schools including Belle River Elementary School, Marine City Middle School, and Marine City 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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