NOT LISTED FOR SALE

607 & 609 Jefferson St Lapeer, MI 48446

Estimated Value: $176,490 - $192,000

5 Beds
2 Baths
2,311 Sq Ft
$80/Sq Ft Est. Value

Last Sold May 21, 2015

Last sale price $61,120 $26 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,208/month

13 Days on Market

Highlights

  • Covered Patio or Porch
  • 4 Car Garage
  • Fenced
  • Forced Air Heating System

About This Home

As of May 2015

Two for the price of one on this nicely located duplex. Unit 1 is a 1287 sq.ft. 3 bedroom 1 bath and the shed. While unit 2 is smaller at 1024 sq. ft. 2 bedroom 1 bath it does have a new furnace and water heater along with the garage. Also new windows throughout the duplex.
Currently both units are rented out. All utilities and water are paid by the tennants. Seller requesting a 48 hr. notice to show appointments only no lockbox.

Last Agent to Sell the Property

Matt Crum

Real Estate One Gardner & Assoc License #6501371049 Listed on: 03/13/2015

Last Buyer's Agent

Thomas Hoyt

Coulter Real Estate License #6501380765

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1865

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 86x98x86x98
  • Fenced

Home Design

  • Duplex
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Asphalt

Interior Spaces

  • 2 Full Bathrooms
  • 2,311 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Garage
  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Community Details

  • 2 Units
  • City Of Lapeer Original Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number L205620004000
  • $1,830 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,419

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1865
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Sq Ft Combined: 2311
  • Total Sq Ft: 2311
  • Sq Ft Total Bsmt: 1332

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Asphalt
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block, Stone
  • Frontage Feet: 86
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: W

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages, On Street, Unassigned/General
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Lapeer

Lot Info

  • List Price per Acre: 324500.0000
  • Lot Size Area: 0.20
  • Lot Dimensions: 86x98x86x98
  • Parcel Number: L205620004000
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1260

Tax Info

  • Tax Amount Summer: 603.0000
  • Tax Amount Winter: 816.0000
  • Total Tax: 1419.0000

Multi Family

  • Gross Scheduled Income: 15120.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2020
Sold by
Lovell Jr James W
Bought by
Gadley Mark
Current Estimated Value
$184,873

Purchase Details

Closed on
Apr 2, 2020
Sold by
Lovell James W
Bought by
Gadley Mark

Purchase Details

Listed on
Mar 13, 2015
Closed on
Jun 2, 2015
Sold by
Donald L Mcqueen Living Trust and Mcqueen Donald L
Bought by
Lovell James W
Seller's Agent
Matt Crum
Real Estate One Gardner & Assoc
Buyer's Agent
Thomas Hoyt
Coulter Real Estate
List Price
$64,900
Sold Price
$61,120
Premium/Discount to List
-$3,780
-5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$60,012
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 1999
Sold by
Gee Harold G and Gee Mary V
Bought by
Mcqueen Donald L

Purchase Details

Closed on
Jul 30, 1993
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
Gadley Mark $129,900 Cislo Title
Gadley Mark $129,900 Cislo Title Company
Gadley Mark $129,900 Cislo Title
Lovell James W $61,120 --
Mcqueen Donald L $115,000 --
-- $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lovell James W $82,600
Previous Owner Lovell James W $82,600
Previous Owner Lovell James W $60,012
Previous Owner Donald L Mcqueen Living Trust $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2015 05/21/15 Sold $61,120 -5.8% $26 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $64,900 -- $28 / 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
2025 $2,401 $79,400 $0 $0
2024 $988 $57,800 $0 $0
2023 $943 $59,000 $0 $0
2022 $2,175 $66,600 $0 $0
2021 $2,050 $44,300 $0 $0
2020 $1,547 $45,100 $0 $0
2019 $1,545 $41,800 $0 $0
2018 $1,509 $39,000 $39,000 $0
2017 $1,479 $39,200 $0 $0
2016 $1,185 $38,400 $38,400 $0
2015 -- $0 $0 $0
2014 -- $31,700 $31,700 $0
2013 -- $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215021851

Realcomp

APN: L20-56-200-040-00