NOT LISTED FOR SALE

570 E 40 Rd Cadillac, MI 49601

Estimated Value: $186,000 - $227,000

4 Beds
4 Baths
2,200 Sq Ft
$95/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $72,653 $33 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $1,320/month

2 Days on Market

Highlights

  • Countryside Views
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Forest View Elementary School Rated 9+
  • Shed

About This Home

As of August 2019

Calling all landlords and investment buyers! This 4-unit property has a great rental history! Priced to sell, and priced accordingly knowing the property is in need of a new roof. Property has a newer furnace. Buyer to verify all info.

Last Agent to Sell the Property

Betsy Kirkby

ERA Greater North Properties Listed on: 07/23/2019

Last Buyer's Agent

Sean Dextrom

ERA Greater North Properties License #6501402647

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 1.17 Acre Lot
  • The community has rules related to zoning restrictions

Home Design

  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Countryside Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Propane
  • Well

Community Details

  • 4 Units
  • Rural Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: 4 - Plex
  • Style: 2 Story, Quad
  • Estimated Year Built: 1982
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1982

Interior Features

  • Range: R 10W
  • Total Finished Sf Apx: 2200

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Countryside View
  • Exterior Finish: Wood
  • Foundation: Full, Entrance Inside, Unfinished
  • Number Of Acres: 1.17
  • Road: Public Maintained, Gravel
  • Roof: Asphalt

Utilities

  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well
  • Heating Cooling Type: Forced Air
  • Monthly Electricity Expense: 160

Association/Amenities

  • Development Name: Rural

Lot Info

  • Lot Dimensions: Irr
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Unknown

Tax Info

  • Summer Taxes: 1095
  • Winter Taxes: 1067
  • Year Winter: 2018

Multi Family

  • Total Number Units: 4

MLS Schools

  • School District: Cadillac Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Aug 2, 2019
Sold by
Mckinley Christina I
Bought by
Csd Leasing Llc
Seller's Agent
Betsy Kirkby
ERA Greater North Properties
Buyer's Agent
Sean Dextrom
ERA Greater North Properties
List Price
$74,900
Sold Price
$72,653
Premium/Discount to List
-$2,247
-3%
Current Estimated Value
$209,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,209
Avg. Annual Appreciation
17.82%

Purchase Details

Listed on
Jul 23, 2019
Closed on
Aug 1, 2019
Sold by
Fenner Rentals Llc
Bought by
Mckinley Christina I
Seller's Agent
Betsy Kirkby
ERA Greater North Properties
Buyer's Agent
Sean Dextrom
ERA Greater North Properties
List Price
$74,900
Sold Price
$72,653
Premium/Discount to List
-$2,247
-3%
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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Purchase History

Date Buyer Sale Price Title Company
Csd Leasing Llc $72,653 Lakeside Title
Mckinley Christina I $80,000 Lakeside Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2019 08/02/19 Sold $72,653 -3.0% $33 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $74,900 -- $34 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $2,810 $88,800 $0 $0
2024 $14 $78,300 $0 $0
2023 $2,585 $68,600 $0 $0
2022 $2,585 $59,300 $0 $0
2021 $2,452 $55,800 $0 $0
2020 $2,425 $48,200 $0 $0
2019 $2,195 $49,100 $0 $0
2018 -- $42,600 $0 $0
2017 -- $42,400 $0 $0
2016 -- $42,000 $0 $0
2015 -- $42,300 $0 $0
2013 -- $56,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1864856

Northern Great Lakes REALTORS® MLS

APN: 2110-07-1202