NOT LISTED FOR SALE

604 W Mt Morris St Mount Morris, MI 48458

Estimated Value: $126,000 - $169,000

4 Beds
3 Baths
1,638 Sq Ft
$92/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $54,900 $34 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,029/month

About This Home

As of August 2017

Well maintained 3 unit corner location with lots of parking and circle drive. Complimentary washer/dryer use. Many updates. Long term tenants. 1 and 2 bedroom units. Vinyl windows. Stoves and refrigerators included. Close to shopping and schools. Landlord pays gas, sewer and water (1 furnace). Tenant pays electric (4 meters) except seller pays common area electric.

Last Agent to Sell the Property

Lucy Ham

Ham Group Realty License #FAAR-122522 Listed on: 05/03/2016

Last Buyer's Agent

Justin Villaire

Keller Williams First License #FAAR-125580

Keller Williams First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 99 x 165

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 1.5-Story Property
  • Porch
  • Forced Air Heating System
  • Finished Basement

Community Details

  • 3 Units
  • Frederick Walker Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5712528006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,262

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1262.3
  • Year Built: 1900
  • Mail City: Mount Morris
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Estimated Sq Ft: 1638

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Porch
  • Frontage: 99
  • Foundation Type: Basement
  • Frontage Type: Road

Utilities

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

Lot Info

  • Assessor Parcel Number: 5712528006
  • Lot Dimensions: 99 x 165
  • Acreage: 0.38
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer

Tax Info

  • Summer Tax: Amount: $692.90
  • Winter Tax: Amount: $569.40
  • Total Tax: Amount: $1,262.30

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Mt.Morris Consolidated Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2019
Sold by
Cole Shelley
Bought by
Richards Todd
Current Estimated Value
$150,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Outstanding Balance
$34,589
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$116,228

Purchase Details

Listed on
May 3, 2016
Closed on
Aug 11, 2017
Sold by
Advanced Asset Investments Llc
Bought by
Cole Shelley
Seller's Agent
Lucy Ham
Ham Group Realty
Buyer's Agent
Justin Villaire
Keller Williams First
List Price
$74,900
Sold Price
$54,900
Premium/Discount to List
-$20,000
-26.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%

Purchase Details

Closed on
Nov 19, 2010
Sold by
Forsmark James D and Forsmark Joy
Bought by
Advanced Asset Investments Llc

Purchase Details

Closed on
May 31, 2005
Sold by
Miller Gary and Miller Angel
Bought by
Forsmark James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2001
Sold by
Mantie Werner C
Bought by
Steinley Matthew A and Steinley Lorrie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
9.25%
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
Richards Todd $60,000 None Available
Cole Shelley $54,900 None Available
Advanced Asset Investments Llc $40,000 Sargents Title Company
Forsmark James D $118,000 Cislo Title Company
Miller Gary $70,000 Cislo Title Company
Steinley Matthew A $56,750 First American Title Ins Co
Mantei Werner C -- First American Title Ins Co
Mantei Werner C $45,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Todd $45,000
Previous Owner Miller Gary $88,500
Previous Owner Steinley Matthew A $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2017 08/11/17 Sold $54,900 0.0% $34 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
05/26/2017 05/26/17 Price Changed $54,900 -15.4% $34 / Sq Ft
03/07/2017 03/07/17 Price Changed $64,900 -7.2% $40 / Sq Ft
02/20/2017 02/20/17 Price Changed $69,900 -6.7% $43 / Sq Ft
05/03/2016 05/03/16 For Sale $74,900 -- $46 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,855 $64,800 $0 $0
2024 $1,468 $61,300 $0 $0
2023 $1,402 $52,900 $0 $0
2022 $2,631 $41,800 $0 $0
2021 $2,576 $37,200 $0 $0
2020 $1,369 $35,700 $0 $0
2019 $1,106 $34,600 $0 $0
2018 $1,115 $28,400 $0 $0
2017 $1,274 $26,200 $0 $0
2016 $1,262 $20,900 $0 $0
2015 -- $18,800 $0 $0
2014 -- $19,800 $0 $0
2012 -- $25,900 $25,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 30057785

Michigan Multiple Listing Service

APN: 57-12-528-006