NOT LISTED FOR SALE

536 Cypress St Manistee, MI 49660

Estimated Value: $150,000 - $187,000

Studio
-- Bath
-- Sq Ft
6,151 Sq Ft

Last Sold May 25, 2022

Last sale price $125,000

Est. 37% increase in value since last sale

Current estimated payment $1,059/month

2 Days on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • Wood Siding
  • Forced Air Heating System

About This Home

As of May 2022

Duplex! Great starter home and/or investment property alike! Large home located on corner with 2 apartments. The freshly painted lower level, 954 sq. ft. unit offers 2 bedrooms, 1 bath and has access to the basement for storage and W/D hookups. The lower level has been left vacant so that the new owner can decide who they'd like to place in the unit. Estimated rent for the lower level as it currently stands will be $850-$900. The upper level 706 sq. ft. 1 bedroom, 1 bath unit currently pays $550. This building had a complete new roof replacement in approximately 2017. Newer Furnace & Water heater. Breaker Panel.

Last Agent to Sell the Property

Therran Ferguson

Essential Real Estate License #6502429562 Listed on: 04/13/2022

Last Buyer's Agent

Jermaine Sullivan

Dwelling Realty - KW Northern Michigan License #6501365101

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,504

Year Built

  • Built in 1900

Lot Details

  • 6,152 Sq Ft Lot
  • Lot Dimensions are 86 x 71
  • Corner Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,504

Year Built

Built in 1900

Lot Details

6,152 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • General Property Info:Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • List Price: 137500.0
  • Lot Features: Corner Lot, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.1412
  • Lot Size Area: 0.14
  • Lot Dimensions: 86 X 71
  • Lot Size Sq Ft: 6152.0

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2504.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 25, 2022
Sold by
Therran Holdings Llc
Bought by
Meyers Jon
Seller's Agent
Therran Ferguson
Essential Real Estate
Buyer's Agent
Jermaine Sullivan
Dwelling Realty - KW Northern Michigan
List Price
$137,500
Sold Price
$125,000
Premium/Discount to List
-$12,500
-9.09%
Current Estimated Value
$171,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,671
Avg. Annual Appreciation
8.80%

Purchase Details

Closed on
Feb 1, 2021
Sold by
Vavra David S
Bought by
Therran Holdings Llc

Purchase Details

Closed on
Jul 1, 1997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meyers Jon $125,000 --
Therran Holdings Llc $410,000 --
-- $31,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $125,000 -9.1% --
04/13/2022 04/13/22 For Sale $137,500 -- --
Source: MichRIC

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 $2,104 $70,500 $0 $0
2024 $21 $72,000 $0 $0
2023 $1,979 $55,600 $0 $0
2022 $2,598 $42,200 $42,200 $0
2021 $1,800 $39,800 $39,800 $0
2020 $1,703 $40,300 $40,300 $0
2019 $1,681 $36,900 $36,900 $0
2018 $1,647 $36,100 $36,100 $0
2017 $1,613 $33,000 $33,000 $0
2016 $965 $33,900 $33,900 $0
2015 -- $33,000 $33,000 $0
2014 -- $30,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22012251

MichRIC

APN: 51-647-704-09

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