$265,000
SOLD DEC 9, 2024

5938 Loeb Rd Charlevoix, MI 49720

-- Bed
-- Bath
1,472 Sq Ft
1.5 Acres

Recently Sold

$180 Per Sq Ft

10% Below List Price

56 Days on Market

About This Home

As of December 2024

Investment opportunity, or live in one unit and collect income from other unit. Just outside Charlevoix City limits, 1 mile from public access and boat launch. Each unit has two bedrooms and one bath. Also basement for each unit and a 1/1/2 car garage with paved driveway.

Last Agent to Sell the Property

Gregory Bryan

Pat O'Brien & Associates - Charlevoix License #65060399390 Listed on: 10/14/2024

Co-Listed By

Spencer Bryan

Pat O'Brien & Associates - Charlevoix License #6501427326

Last Buyer's Agent

Spencer Bryan

Pat O'Brien & Associates - Charlevoix License #6501427326

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,543

Year Built

  • Built in 1975

Lot Details

  • 1.5 Acre Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,472 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 009-002-017-00

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • Gross Income $24

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,543

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multifamily
  • Type 2: Duplex
  • Estimated Year Built: 1975
  • Lvt Date: 10/14/2024
  • Section: 2
  • Survey: y
  • Second Address Number: 5938
  • Directions: South on M-66 towards East Jordan, first road on your right, Across from Bergmann Marine.
  • Price per Sq Ft: 180.03
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Basement: Full
  • Total Sq Ft: 1472
  • Above Grade Finished Sq Ft: 1472

Exterior Features

  • Construction: Wood Frame
  • Roof: Asphalt Shingles
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Septic
  • Water: Well
  • Number Electric Meters: 2

Schools

  • School District: Charlevoix
  • School District: Charlevoix

Lot Info

  • Estimated Number of Acres: 1.5
  • Zoning: Community Service

Tax Info

  • Assessor Parcel Number: 009-002-017-00

Multi Family

  • Number Of Units: 2

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 List to Sale Price per Sq Ft
12/09/2024 12/09/24 Sold $265,000 -10.2% $180 / Sq Ft
10/14/2024 10/14/24 For Sale $295,000 -- $200 / Sq Ft
Source: Northern Michigan 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 $3,543 $153,600 $0 $0
2024 $2,534 $105,400 $0 $0
2023 $2,422 $82,700 $0 $0
2022 $2,305 $77,000 $0 $0
2021 $3,272 $72,000 $0 $0
2020 $2,430 $68,000 $0 $0
2019 $2,439 $68,000 $0 $0
2018 $2,377 $59,900 $0 $0
2017 $2,292 $59,900 $0 $0
2016 $2,206 $58,500 $0 $0
2015 $52,600 $55,600 $0 $0
2014 $52,600 $52,600 $0 $0
2013 -- $51,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 475146

Northern Michigan MLS

APN: 00900201700