NOT LISTED FOR SALE

620 E Michigan Ave Marshall, MI 49068

Estimated Value: $171,454 - $220,000

4 Beds
3 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold December 12, 2014

Last sale price $63,000

Est. 213% increase in value since last sale

Current estimated payment $1,302/month

135 Days on Market

About This Home

As of December 2014

Call Listing Agent C.J. Shapiro at: (269) 209-4076.INCOME PROPERTY! This cozy 3 unit apartment building sitting on a large city lot is fully rented and waiting for a new owner that would like some extra income. The seller has been very diligent in keeping the building in good repair. There are 2 main floor units and 1 upstairs unit with all units having separate entrances. All 3 (1) bedroom apartments come with stoves and refrigerators. The location is just perfect for those tenants who need to be within walking distance to downtown Marshall. Don't miss the opportunity to own a great investment property that's producing income. We're asking $74,900.

Last Agent to Sell the Property

CJ Shapiro

Berkshire Hathaway HomeServices Michigan Real Estate License #6506033200 Listed on: 06/29/2014

Berkshire Hathaway HomeServices Michigan Real Estate

Last Buyer's Agent

CJ Shapiro

Berkshire Hathaway HomeServices Michigan Real Estate License #6506033200 Listed on: 06/29/2014

Berkshire Hathaway HomeServices Michigan Real Estate

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1860

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1860
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 74900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9583.0

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2199.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2020
Sold by
Fazekas Brian M and Fazekas Heather R
Bought by
Marshall Homes Llc
Current Estimated Value
$197,114

Purchase Details

Listed on
Jun 29, 2014
Closed on
Dec 12, 2014
Sold by
Johnston Phyllis M
Bought by
Fazekas Brian M and Fazekas Heather
Seller's Agent
CJ Shapiro
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
CJ Shapiro
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$85,800
Sold Price
$63,000
Premium/Discount to List
-$22,800
-26.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$50,400
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1992

Purchase Details

Closed on
Jul 1, 1991
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marshall Homes Llc -- None Available
Fazekas Brian M $63,000 Attorneys Title Agency Of Sw
-- $38,000 --
-- $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fazekas Brian M $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2014 12/12/14 Sold $63,000 -26.6% --
11/11/2014 11/11/14 Pending -- -- --
06/29/2014 06/29/14 For Sale $85,800 -- --
Source: MichRIC

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 $3,267 $78,300 $0 $0
2024 $865 $76,800 $0 $0
2023 $2,939 $65,500 $0 $0
2022 $2,133 $58,900 $0 $0
2021 $2,852 $55,800 $0 $0
2020 $2,728 $51,700 $0 $0
2019 $0 $40,500 $0 $0
2018 $0 $40,200 $10,700 $29,500
2017 $0 $38,400 $0 $0
2016 $0 $36,000 $0 $0
2015 -- $35,600 $0 $0
2014 -- $42,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • CJ Shapiro

    Seller's Agent in 2014

    CJ Shapiro

    Berkshire Hathaway HomeServices Michigan Real Estate

    (269) 209-4076

    114 in this area

    153 Total Sales

    CJ Shapiro
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Map

Source: MichRIC

MLS Number: 14036406

MichRIC

APN: 53-001-114-00

Michigan Calhoun County Marshall 49068

620 E Michigan Ave, Marshall, MI

Not Listed for Sale

MultiFamily

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