NOT LISTED FOR SALE

68095 S Main St Richmond, MI 48062

Estimated Value: $171,134

2 Beds
2 Baths
4,368 Sq Ft
$39/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $112,500 $26 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,096/month

123 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Fireplace
  • Will L. Lee School Rated A-
  • 3 Car Detached Garage
  • Ceiling height of 9 feet or more

About This Home

As of May 2017

OPPORTUNITY AWAITS! Great location in heart of charming downtown. Option to have your home and business all in one. Upstairs currently has living space w/2 bedrooms, kitchen, living room, bath and private entrance from outside. Large area upstairs with bath could be used for additional living space or office space. Main level over 2000 sq. ft., perfect for office, retail or restaurant. Hardwood floors and carpet, gas fireplace, high ceilings. Separate electric meters. MANY updates in past 5 years inside and out. Detached 3 car garage. Zoned B2. Located in TIFA district.

Last Agent to Sell the Property

Lori Sheridan

Realty Executives Home Towne Chesterfield License #MISPE-6506044057 Listed on: 09/16/2016

Realty Executives Home Towne Chesterfield

Last Buyer's Agent

Michael Bachler

J. A. Bachler Realtor License #MISPE-6502347170

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,299

Year Built

  • Built in 1897

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 27 x 166
  • Corner Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Fireplace
  • Wood Flooring
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Boiler Heating System
  • Separate Meters
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 06-01-165-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,299

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1897
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 9 Ft + Ceilings, Cable/Internet Avail., Hardwood Floors
  • Fireplace: Yes
  • Fireplace Features: Grt Rm Fireplace
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Half Bathrooms: 2
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 4368

Exterior Features

  • Construction: Brick
  • Frontage: 27
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 3
  • Parking: Garage

Utilities

  • Water: Public Water
  • Cooling System: Window Unit(s)
  • Fuel Type: Natural Gas
  • Heating System: Boiler
  • Separate Electric: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Sidewalks

Lot Info

  • Assessor Parcel Number: 06-01-165-001
  • Location: Corner Lot
  • Lot Dimensions: 27 X 166
  • Acreage: 0.08
  • Zoning: Mixed Use, Commercial
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $3,890.00
  • Winter Tax: Year: 2015, Amount: $110.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Richmond Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2017
Sold by
68095 Main Street Llc
Bought by
Blakely Investment Llc
Current Estimated Value
$171,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$108,574
Interest Rate
4.17%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$83,043

Purchase Details

Closed on
Jan 5, 2011
Sold by
First State Bank Of East Edtroit
Bought by
Michigan Limited Liability Company

Purchase Details

Closed on
Mar 7, 2008
Sold by
Osebold Bernard C and Osebold Kathleen R
Bought by
First State Bank Of East Detroit

Purchase Details

Closed on
Aug 26, 1999
Sold by
Verbrugge Shirley A
Bought by
Osebold Bernard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.87%
Mortgage Type
Commercial
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
Blakely Investment Llc $112,500 None Available
Michigan Limited Liability Company $25,000 None Available
First State Bank Of East Detroit $145,737 None Available
Osebold Bernard C $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blakely Investments Llc $130,000
Previous Owner 68095 Main Street Llc $94,363
Previous Owner Osebold Bernard C $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $112,500 -29.6% $26 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
09/16/2016 09/16/16 For Sale $159,900 -- $37 / 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 $6,299 $139,300 $0 $0
2024 $6,041 $162,100 $0 $0
2023 $5,745 $129,200 $0 $0
2022 $5,745 $124,600 $0 $0
2021 $5,449 $115,200 $0 $0
2020 $5,167 $110,900 $0 $0
2019 $3,881 $109,300 $0 $0
2018 $5,061 $87,000 $0 $0
2017 $0 $80,700 $5,200 $75,500
2016 $3,881 $80,700 $0 $0
2015 -- $74,600 $0 $0
2013 $3,930 $68,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Sheridan

    Seller's Agent in 2017

    Lori Sheridan

    Realty Executives

    (586) 405-7497

    1 in this area

    96 Total Sales

    Lori Sheridan
    Section Image
  • Michael Bachler

    Buyer's Agent in 2017

    Michael Bachler

    J. A. Bachler Realtor

    (586) 615-1911

    159 Total Sales

    Michael Bachler
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31303288

Michigan Multiple Listing Service

APN: 07-06-01-165-001

Michigan Macomb County Richmond 48062

68095 S Main St, Richmond, MI

This home is located at 68095 S Main St, Richmond, MI 48062 since 16 September 2016 and is currently estimated at $171,134, approximately $39 per square foot. This property was built in 1897. 68095 S Main St is a home located in Macomb County with nearby schools including Will L. Lee School, Richmond Middle School, and Richmond Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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