NOT LISTED FOR SALE

Estimated Value: $16,088 - $139,000

Studio
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: September 8, 2021

Last sale price $92,000

Est. 20% decrease in value since last sale

Current estimated payment $416 / mo

25 Days on Market

About This Home

As of September 2021

Fully occupied 3-unit investment opportunity in the Edison Neighborhood! Large main level one bed, main level studio, and an upper level 1-bedroom. Private access into each apartment. 2/3 units pay for gas/electric/water utilizing the Ratio Utility Billing method (RUBs). 2 units are on fixed leases and the other is on month-to-month. Photos are of 601.5 upper unit - the lower units have not turned over recently.

Last Agent to Sell the Property

Matt Conlee

Community Relocation, REALTORS License #6501416966 Listed on: 06/18/2021

Last Buyer's Agent

Rob Ernsberger

Live Local Properties

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,715

Year Built

  • Built in 1901

Lot Details

  • 8,712

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Phone Connected
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • 8,712 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • The owner pays for electricity, gas, sewer, trash collection, water

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,715

Year Built

Built in 1901

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1901
  • General Property Info:Basement: Yes
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: Cable Available, Electricity Available, Natural Gas Available, Public Sewer, Public Water, Storm Sewer, Phone Available
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 95000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Composition

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Heating: Wall Furnace
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Wall Furnace

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 50.10ft x 172ft
  • Lot Size Sq Ft: 8712.0

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas, Sewer, Water

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1715.18
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2023
Sold by
Bought by
Current Estimated Value
$74,022

Purchase Details

Listed on
Jun 18, 2021
Closed on
Sep 7, 2021
Sold by
Bought by
Seller's Agent
Matt Conlee
Community Relocation, REALTORS
Buyer's Agent
Rob Ernsberger
Live Local Properties
List Price
$95,000
Sold Price
$92,000
Premium/Discount to List
-$3,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.39%
Original Mortgage
$69,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2016
Sold by
Bought by
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$15,000 Chicago Title Of Michigan
$92,000 None Available
$40,000 Essential Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $69,000
Closed $45,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/08/2021 09/08/21 Sold $92,000 -3.2% --
07/13/2021 07/13/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $95,000 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $186 $7,700 $0 $0
2024 $181 $6,300 $0 $0
2023 $1,221 $42,900 $0 $0
2022 $2,533 $36,600 $0 $0
2021 $1,748 $36,500 $0 $0
2020 $1,715 $32,400 $0 $0
2019 $1,901 $26,700 $0 $0
2018 $2,060 $23,900 $0 $0
2017 $1,667 $24,400 $0 $0
2016 $1,667 $23,900 $0 $0
2015 $1,667 $23,600 $0 $0
2014 $1,667 $21,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21023512

MichRIC

APN: 06-27-236-105

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