NOT LISTED FOR SALE

Estimated Value: $98,000 - $153,000

4 Beds
2 Baths
-- Sq Ft
5,097 Sq Ft Lot

Last Sold March 19, 2021

Last sale price $58,000

Est. 111% increase in value since last sale

Current estimated payment $783/month

8 Days on Market

About This Home

As of March 2021

Fully occupied performing 2 unit. Both units are 2 bed 1 bath. Both tenants will be MTM by closing.
Property can be packaged with up to 6 other properties. 1303 E Stockbridge, 1315 E Stockbridge, 1402 E Main, 1408 E Main, 550 Phelps and 527 Phelps. 18 Units in all.

Last Agent to Sell the Property

Matt Clouse

Weichert REALTORS Plat (Main) Listed on: 12/02/2020

Weichert REALTORS Plat (Main)

Last Buyer's Agent

Matt Clouse

Weichert REALTORS Plat (Main) Listed on: 12/02/2020

Weichert REALTORS Plat (Main)

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1912

Lot Details

  • 5,097 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 60000.0
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5097.0
  • Zoning Description: unknown
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1665.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Mar 29, 2021
Sold by
Mec Properties Llc
Bought by
Bleka Kristofer Stanislaw
Seller's Agent
Matt Clouse
Weichert REALTORS Plat (Main)
Buyer's Agent
Matt Clouse
Weichert REALTORS Plat (Main)
List Price
$60,000
Sold Price
$58,000
Premium/Discount to List
-$2,000
-3.33%
Current Estimated Value
$122,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,553
Avg. Annual Appreciation
19.79%
Original Mortgage
$43,500
Outstanding Balance
$39,322
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$88,834

Purchase Details

Closed on
Jun 10, 2016
Sold by
Smc Ventures Llc
Bought by
Mec Properties Llc

Purchase Details

Closed on
Apr 15, 2011
Sold by
Commerce Real Estate Llc
Bought by
Smc Ventures Llc

Purchase Details

Closed on
Jun 28, 2006
Sold by
Carlin Mark and Carlin Elissa
Bought by
Commerce Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2006
Sold by
Dodson Deug and Dodson Jean M
Bought by
Carlin Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Bleka Kristofer Stanislaw $58,000 Bell Title Agency
Mec Properties Llc -- None Available
Smc Ventures Llc $165,000 First American Title Ins Co
Commerce Real Estate Llc -- Devon Title
Carlin Mark $65,000 Devon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bleka Kristofer Stanislaw $43,500
Previous Owner Smc Ventures Llc $275,000
Previous Owner Carlin Mark $51,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $58,000 -3.3% --
12/10/2020 12/10/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $60,000 -- --
Source: Southwestern Michigan 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 $1,268 $55,600 $0 $0
2024 $1,268 $46,400 $0 $0
2023 $1,091 $42,300 $0 $0
2022 $2,505 $36,200 $0 $0
2021 $1,700 $32,600 $0 $0
2020 $2,292 $29,600 $0 $0
2019 $1,607 $23,800 $0 $0
2018 $1,641 $24,300 $0 $0
2017 $1,552 $24,900 $0 $0
2016 $1,552 $22,300 $0 $0
2015 $1,552 $22,300 $0 $0
2014 $1,552 $21,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20049238

Southwestern Michigan Association of REALTORS®

APN: 06-14-267-002