NOT LISTED FOR SALE

Estimated Value: $73,000 - $109,000

4 Beds
2 Baths
-- Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: March 2, 2018

Last sale price $36,000

Est. 148% increase in value since last sale

Current estimated payment $481 / mo

40 Days on Market

About This Home

As of March 2018

Fully occupied and city certified in December 2017 duplex close to Bennett Elementary School. Upper unit offers 2BR/1BA and appliances rented for $450 per month. Lower unit offers 2BR/1BA, appliances, dining room, enclosed porch and currently rented for $550 per month. Each unit has it's own water heater and furnace. New 100 amp service in upper unit. New roof on front and back of home in 2015. Tenants are month to month.

Last Agent to Sell the Property

Heather Herndon

Howard Hanna Real Estate Services License #6501335416 Listed on: 12/07/2017

Howard Hanna Real Estate Services

Last Buyer's Agent

Mike Kendall

Executive Brokers Residential and Commercial Real Estate License #6506048214

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $541

Year Built

  • Built in 1934

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 33x69

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for trash collection, water

Community Details

Overview

  • 2 Units
  • Geo Webb's Add Subdivision

Building Details

  • Operating Expense $3,307
  • Gross Income $12,000
  • Net Operating Income $22,076

Property Details

Home Type

Apartment

Est. Annual Taxes

$541

Year Built

Built in 1934

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1934
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Lot Description:Lot Description: Sidewalk
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Full

Exterior Features

  • List Price: 39900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air, Space Heater
  • Heating: Yes
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air, Space Heater

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 33x69

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 12000.0
  • Net Operating Income: 22076.14
  • Number of Units Total: 2
  • Operating Expense: 3306.86

Tax Info

  • Tax Annual Amount: 540.86
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2020
Sold by
Bought by
Current Estimated Value
$89,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Outstanding Balance
$30,401
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$58,729

Purchase Details

Listed on
Dec 7, 2017
Closed on
Mar 2, 2018
Sold by
Bought by
Seller's Agent
Heather Herndon
Howard Hanna Real Estate Services
Buyer's Agent
Mike Kendall
Executive Brokers Residential and Commercial Real Estate
Sold Price
$36,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%
Original Mortgage
$27,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2017
Closed on
Feb 27, 2018
Sold by
Bought by
Seller's Agent
Heather Herndon
Howard Hanna Real Estate Services
Buyer's Agent
Mike Kendall
Executive Brokers Residential and Commercial Real Estate
Sold Price
$36,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2008
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 21, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,630
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
-- Devon Title Co
$36,000 None Available
-- None Available
-- --
$60,700 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $35,000
Previous Owner $27,000
Previous Owner $54,630
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/02/2018 03/02/18 Sold $36,000 -- --
01/16/2018 01/16/18 Pending -- -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $36 $900 $0 $0
2025 $36 $700 $0 $0
2024 $0 $600 $0 $0
2023 $49 $1,200 $0 $0
2022 $120 $3,400 $0 $0
2021 $927 $21,400 $0 $0
2020 $916 $22,400 $0 $0
2019 $891 $12,700 $0 $0
2018 $590 $12,150 $0 $0
2017 $541 $11,050 $0 $0
2016 $466 $11,000 $11,000 $0
2015 $509 $11,600 $11,600 $0
2014 $509 $8,200 $8,200 $0
2013 -- $8,200 $8,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21034773

MichRIC

APN: 2-115900000

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