NOT LISTED FOR SALE

54 Merritt St Battle Creek, MI 49017

Estimated Value: $127,000 - $151,000

-- Bed
2 Baths
-- Sq Ft
9,278 Sq Ft Lot

Last Sold November 27, 2019

Last sale price $77,000

Est. 74% increase in value since last sale

Current estimated payment $936/month

16 Days on Market

About This Home

As of November 2019

Fully occupied side by side duplex! Mirrored floor plans each offer 3 bedrooms/1 bath. Separately metered for electric and gas (tenants pay), owner pays water/sewer/trash through City of Battle Creek.
Main floor laundry, new kitchens and baths, SS appliances, refinished hardwood floors in living and dining rooms, new carpet in bedrooms, fresh paint. Exterior freshly painted in 2018. Newer furnaces. 54 has 2 new porch/decks. Separate basements, separate driveways. Large attic space could be converted to additional living space or rented for storage. This is a great investment opportunity with great cash flow!

Last Agent to Sell the Property

Jaimee Hart

Khoury Real Estate License #6501409686 Listed on: 09/21/2019

Last Buyer's Agent

Jaimee Hart

Khoury Real Estate License #6501409686 Listed on: 09/21/2019

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,620

Year Built

  • Built in 1920

Lot Details

  • 9,278

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • Michigan Basement
  • 9,278 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,620

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 80000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9278.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1619.6
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Mason Nestin C and Mason Bryan T
Bought by
Mason Nestin C and Mason Bryan T
Total Days on Market
16
Current Estimated Value
$134,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Outstanding Balance
$103,563
Interest Rate
1.8%
Mortgage Type
New Conventional
Estimated Equity
$28,654

Purchase Details

Listed on
Sep 21, 2019
Closed on
Jan 10, 2020
Sold by
Hernandez Aljenis
Bought by
Hernandez Aljenis and Mason Nestin C
Seller's Agent
Jaimee Hart
Khoury Real Estate
Buyer's Agent
Jaimee Hart
Khoury Real Estate
List Price
$80,000
Sold Price
$77,000
Premium/Discount to List
-$3,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$75,605
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 21, 2019
Closed on
Nov 27, 2019
Sold by
Hart Real Estate Llc
Bought by
Hernandez Aljenis
Seller's Agent
Jaimee Hart
Khoury Real Estate
Buyer's Agent
Jaimee Hart
Khoury Real Estate
List Price
$80,000
Sold Price
$77,000
Premium/Discount to List
-$3,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,605
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2016
Sold by
Dummer Frederick J and Dummer Janet Faye
Bought by
Hart Real Estate Llc
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
Mason Nestin C -- None Listed On Document
Hernandez Aljenis -- None Available
Hernandez Aljenis $77,000 None Available
Hart Real Estate Llc $19,000 Attorneys Title Agency Sw Mi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Nestin C $107,200
Previous Owner Hernandez Aljenis $75,605
Previous Owner Hart Real Estate Llc $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $77,000 -3.8% --
10/07/2019 10/07/19 Pending -- -- --
09/21/2019 09/21/19 For Sale $80,000 -- --
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
2024 $2,196 $57,292 $0 $0
2023 $2,478 $52,705 $0 $0
2022 $1,761 $41,203 $0 $0
2021 $2,355 $39,167 $0 $0
2020 $1,586 $30,015 $0 $0
2019 $1,769 $27,119 $0 $0
2018 $1,769 $24,518 $676 $23,842
2017 $1,358 $27,960 $0 $0
2016 $1,015 $32,620 $0 $0
2015 $995 $40,580 $3,439 $37,141
2014 $995 $40,580 $3,439 $37,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19046366

Southwestern Michigan Association of REALTORS®

APN: 1650-00-019-0