NOT LISTED FOR SALE

6983 Thelman Ave Brown City, MI 48416

Estimated Value: $678,703

12 Beds
8 Baths
6,144 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $570,000 $93 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,441/month

About This Home

As of October 2022

8 Unit apartment building

Last Agent to Sell the Property

Frank Locricchio

Realty Executives Home Towne License #6502367355 Listed on: 09/29/2022

Realty Executives Home Towne

Last Buyer's Agent

David Griffor

Realty Executives Home Towne Shelby License #6501227547

Realty Executives Home Towne Shelby

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,103

Year Built

  • Built in 1972

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 153x147

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 8 Full Bathrooms
  • 6,144 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 8 Units
  • Belzair Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30011000002200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,103

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Year Built: 1972
  • State Equalized Value: 149837.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Sq Ft Combined: 6144
  • Total Sq Ft: 6144

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Brown City

Lot Info

  • Lot Size Area: 0.52
  • Lot Dimensions: 153x147
  • Parcel Number: 30011000002200
  • Zoning: Commercial
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 9999

Tax Info

  • Taxable Value: 105037.0000

Multi Family

  • Gross Scheduled Income: 9999.00
  • Number Of Units Total: 8
  • Number of One Bedroom Units: 4
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 7

MLS Schools

  • School District: Brown City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Oct 4, 2022
Sold by
Kennedy Apartments Llc
Bought by
6983 Thelman Llc
Seller's Agent
Frank Locricchio
Realty Executives Home Towne
Buyer's Agent
David Griffor
Realty Executives Home Towne Shelby
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%
Current Estimated Value
$678,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,703
Avg. Annual Appreciation
5.93%
Original Mortgage
$362,500
Outstanding Balance
$350,788
Interest Rate
6.9%
Mortgage Type
Construction
Estimated Equity
$327,915

Purchase Details

Closed on
Dec 30, 2015
Sold by
Quality Investments Llc
Bought by
Kennedy Apartments Llc

Purchase Details

Closed on
Jan 21, 2011
Sold by
Tri County Bank
Bought by
Quality Investments Llc

Purchase Details

Closed on
Mar 18, 2010
Sold by
Lipka Properties Llc
Bought by
Tri-County Bank

Purchase Details

Closed on
Apr 19, 2002
Sold by
Liebler John and Liebler Phyllis
Bought by
Lipka Properties
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
6983 Thelman Llc $510,000 --
Kennedy Apartments Llc $255,000 --
Quality Investments Llc $162,000 --
Tri-County Bank $150,976 --
Tri County Bank $151,000 --
Lipka Properties $576,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 6983 Thelman Llc $362,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2022 10/04/22 Sold $570,000 -4.8% $93 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $599,000 -- $97 / Sq Ft
Source: Realcomp

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 $10,103 $177,500 $0 $0
2024 $1,679 $165,431 $0 $0
2023 $1,658 $163,383 $0 $0
2022 $6,558 $147,803 $0 $0
2021 $2,132 $149,837 $0 $0
2020 $6,285 $150,605 $0 $0
2019 $6,069 $130,236 $0 $0
2018 $5,919 $99,274 $0 $0
2017 $990 $97,505 $0 $0
2016 $1,012 $99,724 $0 $0
2015 -- $90,922 $0 $0
2014 -- $90,401 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Locricchio

    Seller's Agent in 2022

    Frank Locricchio

    Realty Executives

    (810) 300-1650

    114 Total Sales

    Frank Locricchio
    Section Image

  • D

    Buyer's Agent in 2022

    David Griffor

    Realty Executives

    (586) 484-8901

    19 Total Sales

    David Griffor
    Section Image
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Map

Source: Realcomp

MLS Number: 20221046897

Realcomp

APN: 300-110-000-022-00

Michigan Sanilac County Brown City 48416

6983 Thelman Ave, Brown City, MI

This home is located at 6983 Thelman Ave, Brown City, MI 48416 since 29 September 2022 and is currently estimated at $678,703, approximately $110 per square foot. This property was built in 1972. 6983 Thelman Ave is a home located in Sanilac County with nearby schools including Brown City Elementary School and Brown City High School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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