NOT LISTED FOR SALE

601 Hercules St Gwinn, MI 49841

Estimated Value: $122,000 - $166,000

6 Beds
4 Baths
2,500 Sq Ft
$59/Sq Ft Est. Value

Last Sold November 05, 2012

Last sale price $60,000 $24 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $786/month

136 Days on Market

Highlights

  • 1 Car Attached Garage
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of November 2012

Land contract Land Contract Land contract! This duplex available on a land contract is currently rented on one side. Rent out one side, and let the tenant pay for most of your mortgage! 603 Side is TURN KEY Ready - home is being sold as a Land contract - if you can get a standard mortgage, then you shouldn't be looking at this one! Otherwise, if you are looking for a land contract, this home is for you! Land contract terms is $6000 down, $615 / month, payoff in 15 years with NO BALLOON payment!!!! When you rent out one side for $400 / month, it means that your mortgage payment is as little as $215!!!! What a great opportunity!!! land Contract / Seller Financing Available. Seller is a licensed REALTOR@ ONLINE VIDEO AVAILBLE.

Last Agent to Sell the Property

Joshua Thatcher

NORTHERN EAGLE REALTORS License #UPAR Listed on: 05/27/2012

Last Buyer's Agent

Joshua Thatcher

NORTHERN EAGLE REALTORS License #UPAR Listed on: 05/27/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3

Year Built

  • Built in 1965

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 75x150

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Partial Basement

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 52-003-012-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Total Tax Year: 2011
  • Year Built: 1965
  • Mail City: Gwinn
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Estimated Sq Ft: 2500

Exterior Features

  • Construction: Vinyl Siding
  • Foundation Type: Slab

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Spaces: 1
  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-003-012-01
  • Lot Dimensions: 75x150
  • Acreage: 0.3

Tax Info

  • Total Tax: Year: 2011

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Gwinn Area Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2005
Bought by
Paparizos Petros
Current Estimated Value
$148,160
Source: Public Records

Range of Values:

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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
Paparizos Petros $92,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2012 11/05/12 Sold $60,000 0.0% $24 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
05/27/2012 05/27/12 For Sale $60,000 -- $24 / Sq Ft
Source: Upper Peninsula 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
2025 $3 $47,600 $0 $0
2024 $3 $39,100 $0 $0
2023 $321 $33,900 $0 $0
2022 $1,002 $29,600 $0 $0
2021 $971 $34,000 $0 $0
2020 $957 $29,600 $0 $0
2019 $915 $24,100 $0 $0
2018 $893 $18,550 $0 $0
2017 $852 $18,550 $0 $0
2016 $682 $18,150 $0 $0
2015 -- $18,150 $0 $0
2014 -- $18,450 $0 $0
2012 -- $19,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071192

Upper Peninsula Association of REALTORS®

APN: 52-05-520-042-00