NOT LISTED FOR SALE

607 S Main St Olivet, MI 49076

Olivet Area

Estimated Value: $212,000 - $246,430

Studio
-- Bath
-- Sq Ft
0.94 Acre Lot

Sale Details

Date Sold: July 8, 2024

Last sale price $170,000

Est. 33% increase in value since last sale

Current estimated payment $1,779 / mo

110 Days on Market

Highlights

  • Window Unit Cooling System
  • Accessible Approach with Ramp
  • Forced Air Heating System

About This Home

As of July 2024

Investment opportunity for a lucky new owner. Located near The University of Olivet, this home features 4 units, each w/kitchen, bath, 2+ bedrooms & living room. 2 units are currently occupied w/ leases, 2 are vacant and ready to be occupied. 2 of the apartments are on the main floor & 2 on the upper. Steady stream of income where your tenants will have a large yard to enjoy, in a great location, and a place to call home! For more information, Call Clint today! 269-317-0127

Last Agent to Sell the Property

Clint Burghdorf

Berkshire Hathaway HomeServices Michigan Real Estate License #6501394875 Listed on: 05/15/2024

Berkshire Hathaway HomeServices Michigan Real Estate

Last Buyer's Agent

Ignacio Peralta

Bellabay Realty LLC License #6501429975

Bellabay Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 40,946 Sq Ft Lot
  • Lot Dimensions are 158x158

Home Design

  • Composition Roof
  • Vinyl Siding

Laundry

  • Laundry located on main level

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 12 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Accessible Home Design

  • Accessible Approach with Ramp
  • Accessible Ramps

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0.94 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1880
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 67.82
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 158x158
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Driveway:Unpaved: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Accessibility Feat:Ramped Entrance: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features In Basement: Yes
  • Laundry Features Lower Level: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 4771.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Ramped Entrance
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 189900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 12.0
  • General Property Info:Total Parking Spaces: 12.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement, Lower Level, Main Level
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.94
  • Lot Size Area: 0.94
  • Lot Dimensions: 158x158
  • Lot Size Sq Ft: 40946.0

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4771.0
  • Tax Year: 2022

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

Listed on
May 15, 2024
Closed on
Jul 8, 2024
Sold by
Bought by
Seller's Agent
Clint Burghdorf
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Ignacio Peralta
Bellabay Realty LLC
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%
Views
12
Current Estimated Value
$226,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,108
Avg. Annual Appreciation
14.93%
Original Mortgage
$161,500
Interest Rate
0.0699%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
0.035%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
0.0675%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
$170,000 None Listed On Document
$155,000 None Available
$90,000 Midstate Title Co
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
Open $161,500
Previous Owner $124,000
Previous Owner $67,500
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
07/08/2024 07/08/24 Sold $170,000 -10.5% --
06/03/2024 06/03/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $189,900 -5.0% --
05/15/2024 05/15/24 Price Changed $199,900 0.0% --
05/15/2024 05/15/24 For Sale $199,900 -4.8% --
02/20/2024 02/20/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $209,900 -- --
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
2026 $6,558 $114,300 $0 $0
2025 $2,722 $107,200 $0 $0
2024 $2,034 $96,921 $0 $0
2023 $5,021 $86,279 $0 $0
2022 $2,927 $76,729 $0 $0
2021 $4,592 $72,768 $0 $0
2020 $4,552 $68,368 $0 $0
2019 $2,407 $63,713 $0 $0
2018 $0 $57,597 $0 $0
2017 -- $69,831 $0 $0
2016 -- $64,263 $0 $0
2015 -- $64,698 $0 $0
2014 -- $60,264 $0 $0
2013 -- $63,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24007493

MichRIC

APN: 600-040-601-580-00

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