$87,000
SOLD SEP 1, 2015

621 N Mill St Clio, MI 48420

6 Beds
4 Baths
1,635 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$53 Per Sq Ft

13% Below List Price

316 Days on Market

About This Home

As of February 2020

Attention investors! 4-unit money maker in Clio. Units inspected by the city yearly, excellent condition. Two 2-bedroom units and two 1-bedroom units. Positive cash flow, always occupied!

Last Agent to Sell the Property

David Taljonick

REMAX Right Choice License #FAAR-123837 Listed on: 09/15/2014

REMAX Right Choice

Last Buyer's Agent

David Taljonick

REMAX Right Choice License #FAAR-123837 Listed on: 09/15/2014

REMAX Right Choice

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 31x121

Home Design

  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 4 Units
  • Net Operating Income $12,732

Listing and Financial Details

  • Assessor Parcel Number 51-15-577-061

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Originating MLS: East Central Association
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2250.24
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Walk Out
  • Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Estimated Sq Ft: 1635

Exterior Features

  • Construction: Stone
  • Frontage: 31
  • Foundation Type: Basement
  • Frontage Type: Road

Utilities

  • Water: Community
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 51-15-577-061
  • Lot Dimensions: 31x121
  • Acreage: 0.22
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Electric, Water/Sewer

Tax Info

  • Summer Tax: Amount: $1,572.16
  • Winter Tax: Amount: $678.08
  • Total Tax: Amount: $2,250.24

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Clio Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Feb 2, 2020
Sold by
Melzan Assets Llc
Bought by
Richards Todd Alan
Seller's Agent
Shelly Wolin
WEICHERT, REALTORS - Grant Hamady
Buyer's Agent
Jonny Mydock
REMAX Prime Properties
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%
Current Estimated Value
$153,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,092
Avg. Annual Appreciation
7.95%
Original Mortgage
$75,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2017
Closed on
Apr 5, 2018
Sold by
Michigan Bluebird Llc
Bought by
Meizan Assets Llc
Seller's Agent
Shelly Wolin
WEICHERT, REALTORS - Grant Hamady
Buyer's Agent
Terri Hutchison
Elite Real Estate Professionals, Inc.
List Price
$119,000
Sold Price
$87,000
Premium/Discount to List
-$32,000
-26.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%

Purchase Details

Listed on
Nov 22, 2017
Closed on
Mar 28, 2018
Sold by
429 Mead Investment Llc
Bought by
Michigan Blue Bird Llc
Seller's Agent
Shelly Wolin
WEICHERT, REALTORS - Grant Hamady
Buyer's Agent
Terri Hutchison
Elite Real Estate Professionals, Inc.
List Price
$119,000
Sold Price
$87,000
Premium/Discount to List
-$32,000
-26.89%

Purchase Details

Listed on
Nov 22, 2017
Closed on
Mar 27, 2018
Sold by
Howell Audrey A
Bought by
429 Mead Investment Llc
Seller's Agent
Shelly Wolin
WEICHERT, REALTORS - Grant Hamady
Buyer's Agent
Terri Hutchison
Elite Real Estate Professionals, Inc.
List Price
$119,000
Sold Price
$87,000
Premium/Discount to List
-$32,000
-26.89%

Purchase Details

Closed on
Jan 7, 2016
Sold by
Childs Thomas A and Childs Anne E
Bought by
429 Mead Investments Llc

Purchase Details

Listed on
Sep 15, 2014
Closed on
Sep 1, 2015
Sold by
Howell Audrey A
Bought by
Childs Thomas A
Seller's Agent
David Taljonick
REMAX Right Choice
Buyer's Agent
David Taljonick
REMAX Right Choice
List Price
$99,900
Sold Price
$87,000
Premium/Discount to List
-$12,900
-12.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
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 Type Sale Price Title Company
Warranty Deed $100,000 Crossroads Title
Warranty Deed -- None Available
Warranty Deed $87,000 None Available
Warranty Deed $87,000 None Available
Quit Claim Deed -- Attorney
Land Contract -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $78,300 New Conventional
Closed $75,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $100,000 -20.0% $54 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $125,000 +43.7% $68 / Sq Ft
03/30/2018 03/30/18 Sold $87,000 -26.9% $53 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
12/29/2017 12/29/17 For Sale $119,000 0.0% $73 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
11/22/2017 11/22/17 For Sale $119,000 +36.8% $73 / Sq Ft
09/01/2015 09/01/15 Sold $87,000 -12.9% $53 / Sq Ft
08/02/2015 08/02/15 Pending -- -- --
09/15/2014 09/15/14 For Sale $99,900 -- $61 / Sq Ft
Source: Michigan Multiple Listing Service

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
2024 $2,200 $55,700 $0 $0
2023 $2,106 $51,700 $0 $0
2022 $3,035 $46,000 $0 $0
2021 $3,116 $47,100 $0 $0
2020 $2,009 $47,100 $0 $0
2019 $1,928 $44,800 $0 $0
2018 $2,049 $31,600 $0 $0
2017 $1,977 $31,600 $0 $0
2016 $2,509 $40,100 $0 $0
2015 $2,270 $35,800 $0 $0
2012 -- $36,700 $11,300 $25,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 30041453

Michigan Multiple Listing Service

APN: 51-15-577-061