NOT LISTED FOR SALE

7050 Birch Run Rd Birch Run, MI 48415

Estimated Value: $159,000 - $236,000

5 Beds
3 Baths
2,031 Sq Ft
$103/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $85,000 $42 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,208/month

109 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • Shed
  • Ceiling Fan

About This Home

As of May 2018

Great investment opportunity in Birch Run. Three unit rental. Each tenant pays their own gas & electric. Lower unit has been recently remodeled and is move in ready. Nice rural location, yet close enough to town to enjoy the amenities that Birch Run has to offer.

Last Agent to Sell the Property

Rhonda Barber

BOMIC Real Estate License #SBR-6501381372 Listed on: 12/28/2017

Last Buyer's Agent

Tom Schaffer

RE/MAX New Image License #BCRA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 136 x 300

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Basement
  • Michigan Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Separate Meters
  • Gas Water Heater
  • Septic Tank

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 05106302010000

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Sub Structure Types: Shed
  • Total Tax Amount: 2214
  • Total Tax Year: 2017
  • Year Built: 1910
  • Mail City: Birch Run
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplace Features: Livroom Fireplace
  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Dining Kitchen: Formal Dining Room
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 2031

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Deck, Porch
  • Frontage: 136
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Ceiling Fan(s), Window Unit(s), Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Septic

Lot Info

  • Assessor Parcel Number: 05106302010000
  • Lot Dimensions: 136 x 300
  • Acreage: 0.84
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Trash Removal, Water/Sewer

Tax Info

  • Summer Tax: Year: 2017, Amount: $457.99
  • Winter Tax: Year: 2017, Amount: $1,756.01
  • Taxable Value: 41772
  • Total Tax: Year: 2017, Amount: $2,214.00
  • SEV Year: 2017

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Birch Run Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2017
Closed on
May 14, 2018
Sold by
Cassiday Robert D and Cassiday Penny L
Bought by
Rumptz Gary and Rumptz Allison
Seller's Agent
Rhonda Barber
BOMIC Real Estate
Buyer's Agent
Tom Schaffer
RE/MAX New Image
List Price
$96,000
Sold Price
$85,000
Premium/Discount to List
-$11,000
-11.46%
Current Estimated Value
$209,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,016
Avg. Annual Appreciation
13.61%
Original Mortgage
$83,460
Outstanding Balance
$71,220
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$140,942

Purchase Details

Closed on
Feb 26, 2015
Sold by
Cassiday Penny and Cassiday Robert
Bought by
Bob Dale & Penny Leona Cassiday Trust

Purchase Details

Closed on
Jul 25, 2007
Sold by
Blackmer, F C & P D Trust
Bought by
Cassiday Robert and Cassiday Penny

Purchase Details

Closed on
May 10, 2001
Sold by
Blackmer Frederick C and Blackmer Patricia D
Bought by
Blackmer Frederick C and Blackmer Patricia D
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
Rumptz Gary $85,000 --
Bob Dale & Penny Leona Cassiday Trust -- --
Cassiday Robert $54,000 --
Blackmer Frederick C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rumptz Gary $83,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $85,000 -1.2% $42 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
02/21/2018 02/21/18 Price Changed $86,000 -10.4% $42 / Sq Ft
12/28/2017 12/28/17 For Sale $96,000 -- $47 / 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 $646 $79,100 $0 $0
2023 $615 $72,100 $0 $0
2022 $2,072 $62,000 $0 $0
2021 $1,976 $57,500 $0 $0
2020 $1,943 $52,600 $0 $0
2019 $1,863 $50,100 $11,900 $38,200
2018 $468 $46,500 $0 $0
2017 $2,273 $45,000 $0 $0
2016 $2,210 $41,400 $0 $0
2014 -- $42,600 $0 $33,800
2013 -- $42,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31337350

Michigan Multiple Listing Service

APN: 05106302010000