NOT LISTED FOR SALE

530 E Frank St Caro, MI 48723

Estimated Value: $77,000 - $154,000

7 Beds
2 Baths
2,000 Sq Ft
$55/Sq Ft Est. Value

Sale Details

Date Sold: April 25, 2025

Last sale price $79,900 $40 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $739 / mo

64 Days on Market

About This Home

As of April 2025

Rental home with 2 units with separate entrances. Vinyl siding, large lot, both units have renters, AC in lower unit. Needs work. priced accordingly.

Last Agent to Sell the Property

Walt Wandzilak

Real Estate One-Caro License #6501100591 Listed on: 08/30/2024

Real Estate One-Caro

Last Buyer's Agent

Walt Wandzilak

Real Estate One-Caro License #6501100591 Listed on: 08/30/2024

Real Estate One-Caro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Lot Details

  • 17,424 Sq Ft Lot
  • Lot Dimensions are 66 x 264 x 66 x 264

Home Design

  • Colonial Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,000 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 050003400130000

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,770

Lot Details

0.4 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 9999
  • State Equalized Value: 58800.0000
  • Pets Allowed: Yes
  • AgentOnly_ListPriceByAcre: 199750.0000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.40
  • Lot Dimensions: 66 x 264 x 66 x 264
  • Parcel Number: 050003400130000
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 768.0000
  • Tax Amount Winter: 1002.0000
  • Total Tax: 1770.0000
  • Taxable Value: 29166.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • Number Of Units Total: 3

MLS Schools

  • School District: Caro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Apr 25, 2025
Sold by
Vielhaber Janine A and Vielhaber Vincent E
Bought by
Sylvester Chyna and Sylvester David
Seller's Agent
Walt Wandzilak
Real Estate One-Caro
Buyer's Agent
Walt Wandzilak
Real Estate One-Caro
List Price
$85,000
Sold Price
$79,900
Premium/Discount to List
-$5,100
-6%
Views
84
Current Estimated Value
$110,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,033
Avg. Annual Appreciation
38.84%
Original Mortgage
$77,503
Outstanding Balance
$76,948
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$33,985
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
Sylvester Chyna $79,900 None Listed On Document
Sylvester Chyna $79,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sylvester Chyna $77,503
Closed Sylvester Chyna $77,503
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2025 04/25/25 Sold $79,900 0.0% $40 / Sq Ft
11/02/2024 11/02/24 Pending -- -- --
09/30/2024 09/30/24 Price Changed $79,900 -6.0% $40 / Sq Ft
08/30/2024 08/30/24 For Sale $85,000 -- $43 / Sq Ft
Source: Realcomp

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 $1,813 $58,400 $0 $0
2024 $1,813 $58,800 $0 $0
2023 $1,734 $52,700 $0 $0
2022 $1,652 $40,800 $0 $0
2021 $1,600 $36,000 $0 $0
2020 $1,578 $34,700 $0 $0
2019 $1,547 $32,700 $0 $0
2018 $1,515 $30,300 $0 $0
2017 $1,484 $27,600 $0 $0
2016 $1,438 $23,500 $0 $0
2015 $5 $24,800 $0 $0
2014 $5 $27,100 $0 $0
2013 $10 $26,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240064830

Realcomp

APN: 050-003-400-1300-00

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