NOT LISTED FOR SALE

7200 Whitmore Lake Rd Whitmore Lake, MI 48189

Northfield Township Neighborhood

Estimated Value: $502,018 - $612,000

9 Beds
6 Baths
4,715 Sq Ft
$118/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $477,323 $101 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,274/month

25 Days on Market

Highlights

  • 5.98 Acre Lot
  • Ranch Style House
  • 12 Car Garage

About This Home

As of November 2023

4 LARGE RANCH UNITS EACH W/PRIVATE GROUND LEVEL ENTRANCE & OFF STREET PARKING*NEW SEPTIC FIELD & TANKS*NEW ROOF ON MAIN BUILDING & GARAGE**NEWER FURNACE & HWT*UNITS #1-#2-#3 HAS IT"S OWN LAUNDRY HOOK-UP & SEPERATE UTILITY METERS FOR GAS & ELEC*UNIT #4 HAS LAUNDRY HOOK UP ,UTILITIES ARE INCLUDED IN MONTHLY RENT
APT 1, 2 BDRM 1 BATH W/FIREPLACE RENT $1200**APT 2, 1 BDRM,
1 BATH RENT $1200**APT 3, 2BDRM MSTR BATH & 1 BATH RENT $1300**APT 4 3BDRMS 2 FULL BATHS RENT $1600**APPRX SQ. FT OF APT #1 IS 940+/- **APT #2 IS 910 +/-**APT #3 IS 1360 +/-**APT #4 IS 1300 +/- ***BONUS [#1]POTENTIAL ADDED INCOME IN DETACHED 5 CAR GARAGE [65 x 30] NOT INCLUDED IN APT. RENTS**BONUS [#2] 5.98 ACRES W/POSSIABLE SPLITS AVAILABLE*PROPERTY LINES RUNS AT AN ANGLE SOUTHWARD FROM ROAD, POND IS NOT ON PROPERTY.

Last Listed By

Margaret Brannan

Real Estate Connection, Inc License #6501226598 Listed on: 08/28/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1967 | Remodeled in 2022

Lot Details

  • 5.98 Acre Lot
  • Lot Dimensions are 251 x 1321

Parking

  • 12 Car Garage

Home Design

  • 4,715 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Masonry

Bedrooms and Bathrooms

  • 6 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number B00219100019

Community Details

Overview

  • 4 Units

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,738

Year Built

Built in 1967 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1967
  • State Equalized Value: 204400.0000
  • Year Renovated: 2022
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Sq Ft Combined: 4715
  • Total Sq Ft: 4715

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Block/Concrete/Masonry
  • Frontage Feet: 251
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 12

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Separate Meters
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)

Schools

  • School District: Whitmore Lake

Lot Info

  • Lot Size Area: 5.98
  • Lot Dimensions: 251 X 1321
  • Parcel Number: B00219100019
  • Zoning: Agricultural

Rental Info

  • Monthly Rental Income: 5200

Tax Info

  • Tax Amount Summer: 2064.0000
  • Tax Amount Winter: 9674.0000
  • Total Tax: 11738.0000
  • Taxable Value: 197446.0000

Multi Family

  • Gross Scheduled Income: 61000.00
  • Number Of Units Total: 4
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 3
  • Number Of Units Leased: 4

MLS Schools

  • School District: Whitmore Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Oct 25, 2023
Sold by
Dragun Joseph
Bought by
7200 Whitmore Llc
Seller's Agent
Margaret Brannan
Real Estate Connection, Inc
Buyer's Agent
Daffy Duck
Unidentified Office
List Price
$499,900
Sold Price
$477,324
Premium/Discount to List
-$22,577
-4.52%
Total Days on Market
25
Views
72
Current Estimated Value
$556,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,932
Avg. Annual Appreciation
10.82%
Original Mortgage
$357,924
Outstanding Balance
$352,873
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$203,382

Purchase Details

Listed on
Oct 1, 2019
Closed on
Dec 30, 2019
Sold by
Stanfield Pete J and Stanfield Edna
Bought by
D & G Real Estate Llc
Seller's Agent
Dean Gozowsky
Keller Williams Advantage
Buyer's Agent
Margaret Brannan
Real Estate Connection, Inc
List Price
$140,000
Sold Price
$72,000
Premium/Discount to List
-$68,000
-48.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.24%

Purchase Details

Closed on
Dec 6, 2010
Sold by
Stanfield Edna and Stanfield Clyde James
Bought by
Stanfield Edna and Stanfield Pete J

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
7200 Whitmore Llc -- None Listed On Document
Dragun Joseph $477,232 None Listed On Document
D & G Real Estate Llc $72,000 None Available
Stanfield Edna -- Lib
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dragun Joseph $357,924
Previous Owner D & G Real Estates Llc $250,000
Previous Owner Stanfield Pete J $12,732
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $477,324 -4.5% $101 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $499,900 0.0% $106 / Sq Ft
04/19/2022 04/19/22 Rented $800 +6.7% --
04/18/2022 04/18/22 Under Contract -- -- --
04/12/2022 04/12/22 For Rent $750 -31.8% --
04/17/2021 04/17/21 Rented $1,100 -8.3% --
04/01/2021 04/01/21 Under Contract -- -- --
03/15/2021 03/15/21 For Rent $1,200 0.0% --
12/30/2019 12/30/19 Sold $72,000 -44.6% $15 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
10/23/2019 10/23/19 Price Changed $129,900 -7.2% $28 / Sq Ft
10/01/2019 10/01/19 For Sale $140,000 -- $30 / 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
2024 $2,276 $241,900 $0 $0
2023 $2,167 $222,400 $0 $0
2022 $11,739 $204,400 $0 $0
2021 $11,456 $195,500 $0 $0
2020 $11,347 $188,500 $0 $0
2019 $5,606 $173,100 $173,100 $0
2018 $5,452 $175,500 $0 $0
2017 $5,193 $173,800 $0 $0
2016 $1,351 $127,126 $0 $0
2015 -- $126,746 $0 $0
2014 -- $122,790 $0 $0
2013 -- $122,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Margaret Brannan

    Real Estate Connection, Inc

    (734) 476-9972

    3 in this area

    32 Total Sales

    Margaret Brannan
    Section Image

  • D

    Buyer's Agent in 2023

    Daffy Duck

    Unidentified Office

    (248) 123-4567

    6 in this area

    6,604 Total Sales

    Daffy Duck
    Section Image
  • Dean Gozowsky

    Seller's Agent in 2019

    Dean Gozowsky

    Keller Williams Advantage

    (248) 380-8800

    92 Total Sales

    Dean Gozowsky
    Section Image

  • D

    Seller Co-Listing Agent in 2019

    David Garcia

    Elite Realty

    (248) 249-5443

    24 Total Sales

    David Garcia
    Section Image
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Map

Source: Realcomp

MLS Number: 20230071537

Realcomp

APN: 02-19-100-019

Michigan Washtenaw County Whitmore Lake 48189 Northfield Township

7200 Whitmore Lake Rd, Whitmore Lake, MI

Homes for Sale in Whitmore Lake, MI

This home is located at 7200 Whitmore Lake Rd, Whitmore Lake, MI 48189 since 28 August 2023 and is currently estimated at $556,255, approximately $117 per square foot. This property was built in 1967. 7200 Whitmore Lake Rd is a home located in Washtenaw County with nearby schools including Whitmore Lake Elementary School, Whitmore Lake High School, and Livingston Classical Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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