$317,200
SOLD FEB 21, 2025

5631 Lapeer Rd Kimball, MI 48074

10 Beds
5.5 Baths
5,440 Sq Ft
1.72 Acres

Recently Sold

$58 Per Sq Ft

37% Below List Price

225 Days on Market

Highlights

  • 1.72 Acre Lot
  • Jetted Tub in Primary Bathroom
  • Central Air
  • Deck
  • Patio
  • Ceiling Fan

About This Home

As of February 2025

**PRICE IMPROVEMENT**Calling all investors. This 5 unit building is in great condition sitting on almost 2 acres of half manicured/half wooded land with a country feel. Building consist of 2 three bedroom, 1 two bedroom, and 2 one bedroom units. Note one of the 3 bedroom units have connected bedrooms. All units are spacious with kitchens and baths. All appliances stay except extra washer/dryer. Property has huge heated garage with 3 bays in the front and a 4th bay across the back perfect for large boat or RV storage, 2 sheds, irrigation system that draws from well. Buildings common area has a laundry room with coin operated washer/dryer and a private half bath for owners/employees. 4 of the units will be empty on sale with 1 tenant paying month-to-month. Utilities are partially split. Please note this will not qualify for normal financing, must purchase with cash or portfolio loan.

Last Agent to Sell the Property

Christian Rogers

Unique Properties Real Estate License #6501402907 Listed on: 06/28/2024

Last Buyer's Agent

David Martin

KW Platinum License #6501373107

KW Platinum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1981 | Remodeled in 2008

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 5,440 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • Jetted Tub in Primary Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Common Area
  • 1.72 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 74250032025000

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,095

Year Built

Built in 1981 | Remodeled in 2008

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Year Built: 1981
  • State Equalized Value: 203300.0000
  • Year Renovated: 2008
  • Accessibility Features: Common Area
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Jetted Tub, Laundry Facility
  • Total Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Sq Ft Combined: 5440
  • Total Sq Ft: 5440

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Port Huron

Lot Info

  • Lot Size Area: 1.72
  • Lot Dimensions: irreg
  • Parcel Number: 74250032025000
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 4367.0000
  • Tax Amount Winter: 2728.0000
  • Total Tax: 7095.0000

Multi Family

  • Number Of Units Total: 5
  • Number of One Bedroom Units: 2
  • Number of Three Bedroom Units: 2
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Port Huron

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $317,200 -20.7% $58 / Sq Ft
02/08/2025 02/08/25 Pending -- -- --
11/30/2024 11/30/24 Price Changed $399,900 -8.0% $74 / Sq Ft
10/24/2024 10/24/24 Price Changed $434,900 -3.3% $80 / Sq Ft
08/16/2024 08/16/24 Price Changed $449,900 -4.3% $83 / Sq Ft
07/29/2024 07/29/24 Price Changed $469,900 -6.0% $86 / Sq Ft
06/28/2024 06/28/24 For Sale $499,900 -- $92 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240046200

Realcomp

APN: 74-25-003-2025-000