NOT LISTED FOR SALE

Estimated Value: $267,000 - $289,000

3 Beds
2 Baths
1,693 Sq Ft
$164/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $240,000 $142 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,545/month

148 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Great Room with Fireplace
  • Ranch Style House
  • Whirlpool Bathtub
  • 2 Car Attached Garage

About This Home

As of June 2024

Phenomenal Investment Opportunity, long standing TENANT OCCUPIED until July of 2025. Asking 15% below Market Value and Seller is giving $15,000 at closing to compensate Cash Flow. Boasting a PRIME LOCATION located near numerous amenities in the Clayton Twp/Swartz Creek area. New Roof (2022) and New Deck (2023) Property is currently occupied by a longstanding tenant and the lease is valid until July of 2025. THIS IS AN “EQUITY” PLAY INVESTMENT, NOT CASH FLOW, ANTICIPATED RATE OF RETURN ON INVESTMENT OVER 2 YEARS ESTIMATED TO BE OVER 40% Analysis value range of $300,000-$325,000 Priced at $259,250, Approximately $45,750 instant equity

Last Agent to Sell the Property

Mark Hasse

Hasse-L-Free Realty License #MISPE-6502105192 Listed on: 11/29/2023

Last Buyer's Agent

Mark Hasse

Hasse-L-Free Realty License #MISPE-6502105192 Listed on: 11/29/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2001

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100 x 188

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Trim

Interior Spaces

  • 1,693 Sq Ft Home
  • Gas Fireplace
  • Great Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Crosswinds North Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-24-584-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,525

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 3525
  • Total Tax Year: 2022
  • Year Built: 2001
  • Mail City: Swartz Creek
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, Grt Rm Fireplace
  • Basement: Yes
  • Basement: Egress/Daylight Windows, Full
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 18 x 15
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 1st Floor, Dimensions: 18 x 11
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 1st Floor, Dimensions: 12 x 10
  • Bedroom 3 Floor Covering: Wood
  • Bathrooms Description: Whirlpool/Hot Tub
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First, Flooring: Ceramic
  • Bathroom 2: On Level: First, Flooring: Ceramic
  • Room Types: First Floor Laundry, First Flr Primary Bedroom, Great Room, First Flr Full Bathroom, Eat-In Kitchen
  • Dining Room: On 1st Floor, Dimensions: 13 x 11
  • Dining Room Floor Covering: Wood
  • Great Room: On 1st Floor, Dimensions: 21 x 13
  • Great Room Floor Covering: Carpet
  • Kitchen: On 1st Floor, Dimensions: 12 x 10
  • Kitchen Floor Covering: Wood
  • Laundry: On 1st Floor
  • Laundry Room Floor Covering: Wood
  • Below Grade Sq Ft: 1693
  • Above Grade Finished Sq Ft: 1693
  • Total Finished Sq Ft: 1693

Exterior Features

  • Exterior: Brick, Vinyl Trim
  • Exterior Features: Deck
  • Foundation: Basement
  • Frontage: 100
  • Road: Paved Street
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 04-24-584-014
  • Zoning: Residential
  • Lot Description: Deep Lot - 150+ Ft.
  • Lot Dimensions: 100 X 188
  • Acreage: 0.5
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision

Rental Info

  • Lease Terms: 1-2 Years

Tax Info

  • Summer Tax: Year: 2022, Amount: $749.00
  • Winter Tax: Year: 2022, Amount: $2,776.00
  • Total Tax: Year: 2022, Amount: $3,525.00

MLS Schools

  • School District: Swartz Creek Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Jun 10, 2024
Sold by
Phung Mindy and Phung Batuoc
Bought by
Komar Sabrina M
Seller's Agent
Mark Hasse
Hasse-L-Free Realty
Buyer's Agent
Mark Hasse
Hasse-L-Free Realty
List Price
$259,250
Sold Price
$240,000
Premium/Discount to List
-$19,250
-7.43%
Views
295
Current Estimated Value
$277,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,366
Avg. Annual Appreciation
6.58%
Original Mortgage
$183,150
Outstanding Balance
$181,673
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
$78,399

Purchase Details

Closed on
Mar 24, 2006
Sold by
Dereski David G and Abbott Dereski Frances
Bought by
Phung Battuoc and Phung Mindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 10, 2001
Sold by
Valley Development Inc
Bought by
Dereski David G
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
Komar Sabrina M $240,000 Devon Title
Phung Battuoc $207,000 Guaranty Title Company
Dereski David G $37,900 Cislo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Komar Sabrina M $183,150
Previous Owner Phung Mindy $154,000
Previous Owner Phung Mindy $165,600
Previous Owner Phung Batuoc $31,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $240,000 -7.4% $142 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
11/29/2023 11/29/23 For Sale $259,250 -- $153 / 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 $801 $126,000 $0 $0
2023 $764 $120,400 $0 $0
2022 $4,881 $102,900 $0 $0
2021 $4,860 $99,100 $0 $0
2020 $699 $91,000 $0 $0
2019 $687 $91,600 $0 $0
2018 $3,369 $77,100 $0 $0
2017 $3,193 $77,100 $0 $0
2016 $2,934 $69,400 $0 $0
2015 $2,710 $62,800 $0 $0
2014 $634 $55,100 $0 $0
2012 -- $66,100 $66,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50128903

Michigan Multiple Listing Service

APN: 04-24-584-014