NOT LISTED FOR SALE

603 Franklin St Linden, MI 48451

Estimated Value: $266,000 - $324,000

4 Beds
2 Baths
1,560 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $300,000 $192 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,921/month

1 Day on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Private Entrance
  • Porch
  • 1 Car Garage
  • Laundry Facilities

About This Home

As of June 2023

Super well-maintained Ranch Duplex in the city of Linden. Large lot, detached 2.5 car garage, private entrances and basements with both side by side units. Rent one side out for economical living as your primary residence. One side currently rented. Lovely deep lot, appliances, laundry and half bath in the basement, roof 7 years old, newer furnace, air conditioner , water heater in 603 unit. Tenant lease is through March 2024. Sale also includes 601 Franklin.

Last Agent to Sell the Property

Yvonne Perry

Keller Williams First License #6502139563 Listed on: 06/07/2023

Keller Williams First

Last Buyer's Agent

Jerry Weaver

EXP Realty LLC License #RCO-6501375322

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1973 | Remodeled in 1997

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 74.00 x 200.00
  • Private Entrance

Parking

  • 1 Car Garage

Home Design

  • 1,560 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • 2 Full Bathrooms
  • Porch
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 6120503018

Community Details

Overview

  • 2 Units
  • Close Add Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,071

Year Built

Built in 1973 | Remodeled in 1997

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1973
  • State Equalized Value: 108600.0000
  • Year Renovated: 1997
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1560
  • Total Sq Ft: 1560
  • Sq Ft Total Bsmt: 1560

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 74
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages, Carports
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Linden

Lot Info

  • List Price per Acre: 794117.6400
  • Lot Size Area: 0.34
  • Lot Dimensions: 74.00 x 200.00
  • Parcel Number: 6120503018
  • Zoning: Residential

Rental Info

  • Rent Includes: Water/Sewer, Trash Collection (Garbage Pickup), Water
  • Monthly Rental Income: 950

Tax Info

  • Tax Amount Summer: 1828.0000
  • Tax Amount Winter: 1243.0000
  • Total Tax: 3071.0000
  • Taxable Value: 49392.0000

Multi Family

  • Gross Scheduled Income: 11400.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Linden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2024
Sold by
Govan Steven
Bought by
Govan Steven P and Govan Jessica Gail
Current Estimated Value
$294,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Outstanding Balance
$182,495
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$111,696

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jun 16, 2023
Sold by
Smith Canice L
Bought by
Govan Steven
Seller's Agent
Yvonne Perry
Keller Williams First
Buyer's Agent
Jerry Weaver
EXP Realty LLC
List Price
$270,000
Sold Price
$300,000
Premium/Discount to List
$30,000
11.11%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.88%

Purchase Details

Closed on
Oct 30, 2018
Sold by
Schue Donna L and Wood Donna L
Bought by
Schue Donna L and Wood Donna L

Purchase Details

Closed on
May 25, 2011
Sold by
Schue Donna L
Bought by
Schue Donna L

Purchase Details

Closed on
May 4, 2010
Sold by
Schue Donna L
Bought by
Schue Donna L and Wood Nicholas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2010
Sold by
Mcdougal Ronald G
Bought by
Schue Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2005
Sold by
Horan Margaret M
Bought by
Liv Horan Margaret M and Margaret M Horan Revocable Living Trust

Purchase Details

Closed on
Dec 23, 1998
Sold by
Mcdougal Vallie
Bought by
Mcdougal Valie M and Valie M Mcdougal Trust
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Govan Steven P -- Independent Title
Govan Steven P -- Independent Title
Govan Steven $300,000 Mason Burgess Title
Schue Donna L -- None Available
Schue Donna L -- None Available
Schue Donna L -- None Available
Schue Donna L $70,000 Parks Title
Liv Horan Margaret M -- --
Mcdougal Valie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Govan Steven P $186,000
Closed Govan Steven P $186,000
Previous Owner Schue Donna L $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $300,000 +11.1% $192 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $270,000 -- $173 / Sq Ft
Source: Realcomp

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
2024 $3,820 $118,400 $0 $0
2023 $1,916 $108,600 $0 $0
2022 $3,071 $85,100 $0 $0
2021 $2,757 $75,600 $0 $0
2020 $1,745 $70,300 $0 $0
2019 $1,738 $53,700 $0 $0
2018 $2,573 $53,700 $0 $0
2017 $2,502 $53,500 $0 $0
2016 $2,505 $57,100 $0 $0
2015 $2,482 $50,700 $0 $0
2012 -- $47,677 $47,677 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230044773

Realcomp

APN: 61-20-503-018