NOT LISTED FOR SALE

602 E Center St Ithaca, MI 48847

Estimated Value: $127,000 - $148,000

4 Beds
2 Baths
2,046 Sq Ft
$67/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $123,100 $60 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $958/month

32 Days on Market

Highlights

  • Covered patio or porch
  • Detached Garage
  • Water Softener is Owned
  • Ithaca High School Rated 9+
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of December 2023

Welcome to 602 E Center Ithaca, a beautiful blue updated and remodeled duplex in Ithaca, with a 2 car garage and large .30 acre city lot. The lower level unit has 3 bedrooms and 1 bath with very spacious bedrooms and living areas. The upstairs has an inside entry (no wet stairs to go up) and has 1 bed, 1 bath and an office. This is one of the cleanest, well maintained duplexes I have seen. The property is move in ready and a good opportunity for investors or those looking to live in one unit while generating income from another. It has two new furnaces (2020), two new electric boxes (2020). The roof was replaced in 2019 and the new gutters were put on in 2022. Exterior was recently painted as well. Each unit has their own gas/electric meter. There is a laundry room that both units can use. This property is close to Downtown Ithaca where you can visit the bakery, restaurants, dime store, bank, spa, and so many other fine businesses. For an easy commute you will be less than one mile from US 127. There is plenty of room for parking. House may qualify for VA and FHA financing as well as a conventional loan.

Last Agent to Sell the Property

Patti Warnke

Patti Warnke Real Estate Group License #6501403010 Listed on: 10/26/2023

Last Buyer's Agent

Brandon Tilson

FIVE STAR REAL ESTATE - MT. PLEASANT License #6501444345

FIVE STAR REAL ESTATE - MT. PLEASANT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,316

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 82.5 x 165
  • The community has rules related to zoning restrictions

Parking

  • Detached Garage

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,046 Sq Ft Home
  • 1.5-Story Property
  • Michigan Basement
  • Oven or Range

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • 2 Units
  • Net Operating Income $14,404

Listing and Financial Details

  • Rent includes exterior maintenance, trash removal, snow removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,316

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (2 Story)
  • Style: 1.5 Story
  • Estimated Year Built: 1900
  • Construction: Frame
  • Section Number: 16
  • Univs Design Barrier Free: Main Floor Access, Covered Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Water Softener (Owned), Natural Gas Water Heater
  • Main Floor Primary: No
  • Price Per Sq Ft: 60.17
  • Range: R 13W
  • Total Finished Sf Apx: 2046

Exterior Features

  • Exterior Features: Porch, Covered Porch
  • Exterior Finish: Vinyl Siding, Wood
  • Foundation: Michigan Basement
  • Number Of Acres: 0.31
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: Two Car, Detached

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv, Wifi
  • Water: Municipal
  • Heating Cooling Type: Forced Air, Window Air Conditioner

Schools

  • School District: Ithaca Public Schools

Lot Info

  • Assessment: Yes
  • Lot Dimensions: 82.5 x 165
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential

Rental Info

  • Included In Lease: Exterior Maintenance, Trash Removal, Snow Removal
  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 1204.
  • Taxable Value: 39263
  • Total Taxes: 2316
  • Winter Taxes: 1110.
  • Year Summer: 2022
  • Year Winter: 2022

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Ithaca Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Dec 15, 2023
Sold by
Klaus Jacob P
Bought by
Jones Adam
Seller's Agent
Patti Warnke
Patti Warnke Real Estate Group
Buyer's Agent
Brandon Tilson
FIVE STAR REAL ESTATE - MT. PLEASANT
List Price
$139,900
Sold Price
$123,100
Premium/Discount to List
-$16,800
-12.01%
Views
83
Current Estimated Value
$136,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,791
Avg. Annual Appreciation
6.86%

Purchase Details

Listed on
Oct 15, 2020
Closed on
Dec 15, 2020
Sold by
Pruitt Dolores L
Bought by
Klaus Jacob P
Seller's Agent
Janell Dunham
Century 21 Affiliated
Buyer's Agent
William McQueary
Keller Williams Realty Lansing
List Price
$64,900
Sold Price
$54,000
Premium/Discount to List
-$10,900
-16.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.37%
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
Jones Adam $123,100 --
Klaus Jacob P $54,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $123,100 -5.2% $60 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/18/2023 11/18/23 Price Changed $129,900 -3.8% $63 / Sq Ft
11/10/2023 11/10/23 Price Changed $135,000 -3.5% $66 / Sq Ft
10/26/2023 10/26/23 For Sale $139,900 +159.1% $68 / Sq Ft
12/14/2020 12/14/20 Sold $54,000 -16.8% $31 / Sq Ft
10/14/2020 10/14/20 For Sale $64,900 -- $37 / 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 $2,424 $53,600 $0 $0
2024 $2,424 $51,400 $0 $0
2023 $626 $43,900 $0 $0
2022 $626 $37,800 $0 $0
2021 $626 $36,200 $0 $0
2020 -- $33,100 $0 $0
2019 -- $32,300 $0 $0
2018 -- $32,100 $0 $0
2017 -- $31,800 $0 $0
2016 -- $31,600 $0 $0
2015 -- $31,600 $0 $0
2014 -- $29,800 $0 $0
2013 -- $29,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1917174

Northern Great Lakes REALTORS® MLS

APN: 52-201-008-00