NOT LISTED FOR SALE

608 W Michigan Ave Marshall, MI 49068

Estimated Value: $52,000 - $242,000

4 Beds
3 Baths
2,217 Sq Ft
$62/Sq Ft Est. Value

Last Sold September 16, 2024

Last sale price $50,000 $23 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $977/month

62 Days on Market

Highlights

  • 1 Car Detached Garage
  • High Speed Internet
  • 4-minute walk to Shearman School Playground
  • Forced Air Heating System

About This Home

As of September 2024

Affordable financing available, 1-year balloon mortgage with 20% down, 6% interest and a 30-year amortization schedule. This charming duplex in Marshall, Michigan is a fantastic opportunity. Ideal for either living in one unit and renting the other, or generating rental income from both. Currently vacant, the property boasts spacious units, each with 2-3 bedrooms, 1 full bath, a kitchen, and a living room. The front unit offers two stories of living space, while the back unit provides a convenient single-story layout. A detached one-car garage and ample driveway parking provide off-street convenience. Great location within walking distance to downtown for dining, parks and entertainment. Minutes from amenities, interstate and schools. Call us to schedule your private showing today. A licensed agent must be present during showings.

Last Agent to Sell the Property

Neal Sanford

KW Realty Living License #6506046488 Listed on: 06/20/2024

KW Realty Living

Last Buyer's Agent

Dustin Damon

Re/Max Perrett Assoc. License #6501341086

Re/Max Perrett Assoc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1860

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 132 x 82

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,217 Sq Ft Home
  • 2-Story Property
  • Michigan Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1860

Lot Details

0

Parking

1

Listing Details

  • Tax Year: 2022
  • Levels: Two
  • Year Built: 1860
  • Lot Size Acres: 0.25
  • Lot Size: 132 x 82
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2217.0
  • General Property Info:Lot Size Dimensions: 132 x 82
  • General Property Info:Above Grade Finished Area: 2217.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 2643.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Duplex; unit 1: front unit - 2 story
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Basement:Michigan: Yes

Exterior Features

  • Roof: Shingle
  • RoadFrontageType: City Street, State Road
  • RoadSurfaceType: Gravel
  • Construction Type: Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Detached, Driveway
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Detached: Yes
  • General Property Info:Parking Total: 4
  • Parking Features:Garage Spaces2: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: None
  • Utilities: High Speed Internet Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Marshall

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Zoning Description: Zoning

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Sep 16, 2024
Sold by
604 W Michigan Avenue Llc and 608 W Michigan Avenue Llc
Bought by
Davenport Property Group Llc
Seller's Agent
Neal Sanford
KW Realty Living
Buyer's Agent
Dustin Damon
Re/Max Perrett Assoc.
List Price
$149,000
Sold Price
$50,000
Premium/Discount to List
-$99,000
-66.44%
Views
40
Current Estimated Value
$138,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,182
Avg. Annual Appreciation
168.30%

Purchase Details

Closed on
Jan 17, 2023
Sold by
Ayers Russell A
Bought by
608 W Michigan Avenue Llc

Purchase Details

Closed on
Nov 30, 2010
Sold by
Ayers Laurel
Bought by
Ayers Russell

Purchase Details

Closed on
Mar 26, 1999
Sold by
Heath Sharon A
Bought by
Ayers Russell A and Ayers Laurel B

Purchase Details

Closed on
May 18, 1995
Sold by
Sorgi Eugene
Bought by
Creative Financial Partners

Purchase Details

Closed on
Jan 1, 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
Davenport Property Group Llc $50,000 Ata National Title Group
608 W Michigan Avenue Llc -- --
Ayers Russell -- None Available
Ayers Russell A $67,000 --
Heath Sharon A $67,000 --
Creative Financial Partners -- --
-- $28,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $50,000 -49.5% $23 / Sq Ft
08/13/2024 08/13/24 Price Changed $99,000 -15.4% $45 / Sq Ft
08/02/2024 08/02/24 Price Changed $117,000 -7.9% $53 / Sq Ft
07/20/2024 07/20/24 Price Changed $127,000 -1.6% $57 / Sq Ft
07/09/2024 07/09/24 Price Changed $129,000 -13.4% $58 / Sq Ft
06/20/2024 06/20/24 For Sale $149,000 -- $67 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $2,938 $93,900 $0 $0
2024 $778 $91,100 $0 $0
2023 $2,643 $82,000 $0 $0
2022 $1,919 $73,000 $0 $0
2021 $2,565 $63,100 $0 $0
2020 $2,454 $44,300 $0 $0
2019 $0 $37,700 $0 $0
2018 $0 $35,100 $14,300 $20,800
2017 $0 $32,400 $0 $0
2016 $0 $32,200 $0 $0
2015 -- $43,300 $0 $0
2014 -- $40,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 281384

Greater Lansing Association of Realtors®

APN: 53-000-471-00