NOT LISTED FOR SALE

651 Franklin St Linden, MI 48451

Estimated Value: $246,000 - $285,000

2 Beds
2 Baths
1,782 Sq Ft
$148/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $98,000 $55 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $1,641/month

84 Days on Market

Highlights

  • 0.92 Acre Lot
  • Baseboard Heating
  • Wood Siding

About This Home

As of February 2016

Great investment opportunity. Located in the City of Linden. Good schools, walking distance to Downtown Linden and easy access to expressway. One unit is occupied on a month to month. The other unit is newly updated with carpet and paint. Extra deep backyard with privacy fence between units. Plus extra storage sheds and plenty of room for a garden. Tenants pay electric and water. Buyer to assume street paving assessment of 3016.00

Last Agent to Sell the Property

Carol Ray

Berkshire Hathaway HS MI R E Fenton License #FAAR-123468 Listed on: 10/30/2015

Berkshire Hathaway HS MI R E Fenton

Last Buyer's Agent

Jennifer Adrian

Berkshire Hathaway HS MI R E Fenton License #FAAR-125056

Berkshire Hathaway HS MI R E Fenton

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 98x303x50x203

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6120503023

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Originating MLS: East Central Association
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 3085.88
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1782

Exterior Features

  • Construction: Aluminum, Wood
  • Frontage: 98
  • Foundation Type: Basement
  • Frontage Type: Road

Utilities

  • Water: Community
  • Fuel Type: Natural Gas
  • Heating System: Baseboard, Hot Water
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessments: 850
  • Assessor Parcel Number: 6120503023
  • Lot Dimensions: 98x303x50x203
  • Acreage: 0.92

Tax Info

  • Summer Tax: Amount: $2,239.15
  • Winter Tax: Amount: $846.73
  • Total Tax: Amount: $3,085.88

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Linden Comm School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Feb 29, 2016
Sold by
Ward Scott B and Ward Mary Sue
Bought by
Husted Douglas and Husted Marcella
Seller's Agent
Carol Ray
Berkshire Hathaway HS MI R E Fenton
Buyer's Agent
Jennifer Adrian
Berkshire Hathaway HS MI R E Fenton
List Price
$119,000
Sold Price
$98,000
Premium/Discount to List
-$21,000
-17.65%
Current Estimated Value
$264,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,022
Avg. Annual Appreciation
11.03%
Original Mortgage
$78,400
Outstanding Balance
$63,172
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$200,850

Purchase Details

Closed on
Nov 29, 2001
Sold by
Woods Darrin K and Woods Eileen L
Bought by
Ward Scott B and Ward Mary S
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
Husted Douglas $98,000 Title Resource Agency
Ward Scott B $112,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Husted Nicholas $78,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2016 02/29/16 Sold $98,000 -17.6% $55 / Sq Ft
01/30/2016 01/30/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $119,000 -- $67 / 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 $2,434 $119,100 $0 $0
2023 $2,443 $109,600 $0 $0
2022 $3,916 $78,200 $0 $0
2021 $2,988 $71,200 $0 $0
2020 $1,965 $64,800 $0 $0
2019 $1,705 $57,200 $0 $0
2018 $2,285 $57,200 $0 $0
2017 $2,215 $53,800 $0 $0
2016 $1,711 $56,000 $0 $0
2015 $3,116 $50,800 $0 $0
2012 -- $43,154 $43,154 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 30053444

Michigan Multiple Listing Service

APN: 61-20-503-023