NOT LISTED FOR SALE

605 N Calhoun St Lapeer, MI 48446

Estimated Value: $331,000 - $387,000

4 Beds
4 Baths
4,000 Sq Ft
$89/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $325,000 $81 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,151/month

171 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • 4-minute walk to Veterans Memorial Park Lapeer Michigan

About This Home

As of November 2021

AMAZING INVESTMENT OPPORTUNITY IN LAPEER. The " Calhoun Apartments" include 4 renovated units in a beautiful historic property. Located in a very desirable neighborhood close to town. The current owner was planning to buy & hold for generations, investing heavily in capital improvements. All tenants are current on rent. Area supports a higher rent rate.

Last Agent to Sell the Property

Lauren Mannor

Oak and Stone Real Estate License #6501429335 Listed on: 04/29/2021

Last Buyer's Agent

Lauren Mannor

Oak and Stone Real Estate License #6501429335 Listed on: 04/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1880 | Remodeled in 2020

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100.00x100.00

Home Design

  • Quadruplex
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 4,000 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number L205250004000

Community Details

Overview

  • 4 Units
  • City Of Lapeer R Original Plat Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,830

Year Built

Built in 1880 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1880
  • State Equalized Value: 89700.0000
  • Year Renovated: 2020
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Sq Ft Combined: 4000
  • Total Sq Ft: 4000
  • Sq Ft Total Bsmt: 1544

Exterior Features

  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Stone
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Separate Meter
  • Heating: Forced Air, Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Lapeer

Lot Info

  • Lot Size Area: 0.25
  • Lot Dimensions: 100.00X100.00
  • Parcel Number: L205250004000
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 3005

Tax Info

  • Tax Amount Summer: 1627.0000
  • Tax Amount Winter: 2203.0000
  • Total Tax: 3830.0000
  • Taxable Value: 82640.0000

Multi Family

  • Gross Scheduled Income: 36060.00
  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Dec 28, 2021
Sold by
Catherine Malmrose
Bought by
Buttercup Properties Llc
Seller's Agent
Lauren Mannor
Oak and Stone Real Estate
Buyer's Agent
Lauren Mannor
Oak and Stone Real Estate
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Total Days on Market
171
Current Estimated Value
$355,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,175
Avg. Annual Appreciation
2.50%

Purchase Details

Listed on
Apr 29, 2021
Closed on
Nov 5, 2021
Sold by
Buttercup Properties Llc
Bought by
Truly In Lapeer Llc
Seller's Agent
Lauren Mannor
Oak and Stone Real Estate
Buyer's Agent
Lauren Mannor
Oak and Stone Real Estate
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%

Purchase Details

Listed on
Jan 22, 2018
Closed on
Jun 26, 2018
Sold by
Rosanne Turcsanyi
Bought by
Malmrose Catherine
Seller's Agent
Jack Smith
Coldwell Banker Professionals
Buyer's Agent
Jack Smith
Coldwell Banker Professionals
List Price
$319,000
Sold Price
$275,000
Premium/Discount to List
-$44,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%

Purchase Details

Listed on
Jan 22, 2018
Closed on
Jun 22, 2018
Sold by
Turcsanyi Rosanne
Bought by
Malmrose Catherine
Seller's Agent
Jack Smith
Coldwell Banker Professionals
Buyer's Agent
Jack Smith
Coldwell Banker Professionals
List Price
$319,000
Sold Price
$275,000
Premium/Discount to List
-$44,000
-13.79%

Purchase Details

Closed on
Nov 21, 1996
Sold by
Bergamo Sam and Bergamo Patricia
Bought by
Turcsanyi Rosanne

Purchase Details

Closed on
Jan 8, 1991
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
Buttercup Properties Llc -- Fidelity National Title
Truly In Lapeer Llc -- Fidelity National Title
Buttercup Properties Llc -- Fidelity National Title
Malmrose Catherine $275,000 Cislo Title
Malmrose Catherine $275,000 Cislo Title
Malmrose Catherine $275,000 Cislo Title
Turcsanyi Rosanne $130,000 --
-- $87,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $325,000 -7.1% $81 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $350,000 0.0% $88 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $350,000 0.0% $88 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $350,000 0.0% $88 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $350,000 +27.3% $88 / Sq Ft
06/22/2018 06/22/18 Sold $275,000 -8.3% $69 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
04/10/2018 04/10/18 Price Changed $299,900 -3.2% $75 / Sq Ft
03/19/2018 03/19/18 Price Changed $309,900 -2.9% $77 / Sq Ft
01/22/2018 01/22/18 For Sale $319,000 -- $80 / 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 $3,186 $177,700 $0 $0
2023 $3,039 $156,000 $0 $0
2022 $7,011 $147,500 $0 $0
2021 $3,877 $136,200 $0 $0
2020 $3,830 $89,700 $0 $0
2019 $3,824 $81,100 $0 $0
2018 $2,752 $82,400 $82,400 $0
2017 $2,698 $75,300 $0 $0
2016 $2,678 $64,500 $64,500 $0
2015 -- $0 $0 $0
2014 -- $55,600 $55,600 $0
2013 -- $54,900 $54,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Lauren Mannor

    Seller's Agent in 2021

    Lauren Mannor

    Oak and Stone Real Estate

    (248) 342-1174

    7 in this area

    42 Total Sales

    Lauren Mannor
    Section Image
  • Jack Smith

    Seller's Agent in 2018

    Jack Smith

    Coldwell Banker Professionals

    (989) 488-0601

    12 in this area

    71 Total Sales

    Jack Smith
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210024671

Realcomp

APN: L20-52-500-040-00

Michigan Lapeer County Lapeer 48446

605 N Calhoun St, Lapeer, MI

This home is located at 605 N Calhoun St, Lapeer, MI 48446 since 29 April 2021 and is currently estimated at $355,175, approximately $88 per square foot. This property was built in 1880. 605 N Calhoun St is a home located in Lapeer County with nearby schools including C.K. Schickler Elementary School, Rolland-Warner Middle School, and Lapeer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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