NOT LISTED FOR SALE

Estimated Value: $218,000 - $282,000

4 Beds
2 Baths
1,728 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $117,500 $68 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,605/month

64 Days on Market

Highlights

  • Ranch Style House
  • Baseboard Heating
  • Wood Siding
  • Pine River Elementary School Rated 9+

About This Home

As of December 2018

GREAT INVESTMENT OPPORTUNITY! Well maintained duplex in the city of St. Clair. Each unit has 2 bedrooms and 1 bath. Tenants pay all utilities, and are responsible for snow removal and lawn care. Walking distance to downtown, restaurants, shops and schools.

Last Agent to Sell the Property

Elizabeth Schweihofer

St. Clair Realty License #MISPE-6501364727 Listed on: 09/24/2018

Last Buyer's Agent

Chris Parsons

Fusion Realty LLC License #RCO-6502413444

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,742

Year Built

  • Built in 1970

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 79 x 96

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Wood Siding

Kitchen

  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Separate Meters

Community Details

  • 2 Units
  • 4025 Mid Adams To Fwm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74070940025000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,742

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Year Built: 1970
  • Mail City: Saint Clair
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1728

Exterior Features

  • Construction: Brick, Wood
  • Foundation Type: Crawl

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Baseboard, Electric Heat
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 74070940025000
  • Lot Dimensions: 79 x 96
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $3,153.92
  • Winter Tax: Year: 2017, Amount: $164.96

Multi Family

  • Total Units: 2

MLS Schools

  • School District: East China School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Jan 15, 2019
Sold by
Ppm Investment Llc
Bought by
Roberts Blaine and Roberts Leah
Seller's Agent
Elizabeth Schweihofer
St. Clair Realty
Buyer's Agent
Chris Parsons
Fusion Realty LLC
List Price
$139,900
Sold Price
$117,500
Premium/Discount to List
-$22,400
-16.01%
Current Estimated Value
$237,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,840
Avg. Annual Appreciation
10.40%
Original Mortgage
$88,125
Outstanding Balance
$78,092
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$149,244

Purchase Details

Listed on
Sep 24, 2018
Closed on
Dec 27, 2018
Sold by
Ppm Investment Llc
Bought by
Roberts Blaine and Roberts Leah
Seller's Agent
Elizabeth Schweihofer
St. Clair Realty
Buyer's Agent
Chris Parsons
Fusion Realty LLC
List Price
$139,900
Sold Price
$117,500
Premium/Discount to List
-$22,400
-16.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,125
Outstanding Balance
$78,092
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$149,244

Purchase Details

Closed on
Jun 20, 2008
Sold by
Lacroix Lynne Y
Bought by
The Lynne Y Lacroix Revocable Trust Agre
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
Roberts Blaine $117,500 Ata National Title Group
Roberts Blaine $117,500 Ata National Title Group
The Lynne Y Lacroix Revocable Trust Agre -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Blaine $88,125
Closed Roberts Blaine $88,125
Previous Owner Ppm Investment Llc $63,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2018 12/27/18 Sold $117,500 -16.0% $68 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $139,900 -- $81 / 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
2025 $3,742 $101,400 $0 $0
2024 $3,742 $93,900 $0 $0
2023 $3,529 $93,000 $0 $0
2022 $3,709 $69,200 $0 $0
2021 $3,531 $63,900 $0 $0
2020 $3,520 $63,000 $63,000 $0
2019 $3,367 $59,200 $0 $0
2018 $3,331 $56,200 $0 $0
2017 $3,256 $48,600 $0 $0
2016 $2,483 $48,600 $0 $0
2015 -- $48,000 $48,000 $0
2014 -- $44,100 $44,100 $0
2013 -- $45,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31360894

Michigan Multiple Listing Service

APN: 07-094-0025-000