NOT LISTED FOR SALE

711 E Carpenter St Midland, MI 48640

Estimated Value: $120,000 - $135,000

2 Beds
2 Baths
1,085 Sq Ft
$118/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $85,000 $78 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $839/month

85 Days on Market

Highlights

  • Fenced Yard
  • Porch
  • Property is near schools
  • Northeast Middle School Rated A-
  • Bungalow
  • Forced Air Heating System

About This Home

As of December 2021

Duplex investment property located near Downtown Midland and Central Park Elementary School. Rents are currently a total of $1060.00 per month with both units having current leases. Tenants responsible for utility pay back, lawn, and snow removal. Common area laundry in the basement and both units have off street parking.

Last Agent to Sell the Property

Paul Horning

NextHome Park Place Homes Group License #MBR-6501407788 Listed on: 09/13/2021

NextHome Park Place Homes Group

Co-Listed By

Kyle Riddle

NextHome Park Place Homes Group License #MBR-6501267309

Last Buyer's Agent

Paul Horning

NextHome Park Place Homes Group License #MBR-6501407788 Listed on: 09/13/2021

NextHome Park Place Homes Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60 x120
  • Fenced Yard
  • Cleared Lot

Home Design

  • Duplex
  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Covered Parking
  • Lighted Parking

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near schools

Community Details

  • 2 Units
  • Res Midland Neighborhood Area 7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-16-40-312

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,951

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex, Investment
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Styles: Bungalow
  • Total Tax Amount: 2001.42
  • Total Tax Year: 2020
  • Year Built: 1930
  • Mail City: Midland
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Block, MI Basement
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1085

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Fenced Yard, Porch, Sidewalks, Street Lights
  • Frontage: 60
  • Foundation Type: Basement
  • Roads: City/County, Curbed, Paved Street

Garage/Parking

  • Parking: 2 Spaces, 3 Or More Spaces, Covered Parking, Lighted

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Ceiling Fan(s)
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 14-16-40-312
  • Location: Walk To School
  • Lot Dimensions: 60 x120
  • Acreage: 0.16
  • Lot Description: Cleared, Sidewalks
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Pets Allowed

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,386.78
  • Winter Tax: Year: 2020, Amount: $614.64
  • Taxable Value: 33562
  • Total Tax: Year: 2020, Amount: $2,001.42
  • SEV Year: 2021

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Dec 17, 2021
Sold by
Pass Jason D and Pass Robyn J
Bought by
Khani Yashar
Seller's Agent
Paul Horning
NextHome Park Place Homes Group
Buyer's Agent
Paul Horning
NextHome Park Place Homes Group
List Price
$105,000
Sold Price
$85,000
Premium/Discount to List
-$20,000
-19.05%
Current Estimated Value
$127,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,512
Avg. Annual Appreciation
11.20%

Purchase Details

Closed on
Nov 17, 2016
Sold by
Rl And M Properties Llc
Bought by
Pass Jason D and Pass Robyn J
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
Khani Yashar $85,000 None Available
Pass Jason D $69,900 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $85,000 -15.4% $78 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
11/01/2021 11/01/21 Price Changed $100,500 -4.3% $93 / Sq Ft
09/13/2021 09/13/21 For Sale $105,000 -- $97 / Sq Ft
Source: Midland Board of REALTORS®

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 $1,951 $66,600 $0 $0
2024 $1,517 $57,700 $0 $0
2023 $1,446 $50,800 $0 $0
2022 $1,775 $43,500 $0 $0
2021 $1,945 $38,800 $0 $0
2020 $1,924 $37,900 $0 $0
2019 $1,877 $37,800 $10,000 $27,800
2018 $1,826 $38,600 $10,000 $28,600
2017 -- $31,800 $10,000 $21,800
2016 $1,760 $30,900 $10,000 $20,900
2012 -- $30,100 $10,000 $20,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midland Board of REALTORS®

MLS Number: 50054843

Midland Board of REALTORS®

APN: 14-16-40-312