$13,000
SOLD MAR 7, 2013

7246 Kessling St Davison, MI 48423

6 Beds
9 Baths
3,249 Sq Ft
2.61 Acres

Recently Sold

$4 Per Sq Ft

73% Below List Price

212 Days on Market

Highlights

  • 2.61 Acre Lot
  • 1-Story Property
  • Hot Water Heating System
  • Gates Elementary School Rated A-

About This Home

As of July 2016

What a wonderful opportunity! Live in one half rent out the other or just use as a rental unit! The possibilities are endless. And at this price.....WOW! don't let this money maker slip away!

Last Agent to Sell the Property

Ryan McFarlane

McFarlane Group Real Estate LLC License #6501319431 Listed on: 07/11/2012

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 2.61 Acre Lot

Interior Spaces

  • 3,249 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Suprvr's Plat No 30 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0530502079

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 1 Story
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 6.30
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Sq Ft Combined: 3249
  • Total Sq Ft: 3249

Exterior Features

  • Foundation Details: Crawl
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Schools

  • School District: Davison

Lot Info

  • List Price per Acre: 11072.0000
  • Lot Size Area: 2.61
  • Lot Dimensions: IRR
  • Parcel Number: 0530502079
  • Zone Conform: Yes
  • Zoning: Residential
  • Homestead Percent: 0 Percent
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 640.0000
  • Tax Amount Winter: 1286.0000
  • Total Tax: 1926.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Davison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
Jul 7, 2016
Sold by
Gomez Quirino A and Swift Joy
Bought by
Brown Steven C
List Price
$124,900
Sold Price
$129,000
Premium/Discount to List
$4,100
3.28%
Current Estimated Value
$324,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,416
Avg. Annual Appreciation
10.25%
Original Mortgage
$126,663
Outstanding Balance
$105,153
Interest Rate
4.72%
Mortgage Type
FHA
Estimated Equity
$207,686

Purchase Details

Closed on
Jun 18, 2015
Sold by
Weber Kurt S
Bought by
Gomez Quirino A

Purchase Details

Closed on
Sep 16, 2013
Sold by
Weber Kurt S
Bought by
Gomez Quirino A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
4.39%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 11, 2012
Closed on
Feb 11, 2013
Sold by
Federal National Mortgage Association
Bought by
Weber Kurt
Seller's Agent
Ryan McFarlane
McFarlane Group Real Estate LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$48,500
Sold Price
$13,000
Premium/Discount to List
-$35,500
-73.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.19%

Purchase Details

Closed on
Sep 21, 2011
Sold by
Wooten Mickey C
Bought by
Federal National Mortgage Association
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $129,000 Lighthouse Title Inc
Quit Claim Deed -- Lighthouse Title Inc
Land Contract $26,000 None Available
Deed $13,000 Servicelink
Sheriffs Deed $161,154 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $43,000 New Conventional
Closed $7,212 FHA
Open $126,663 FHA
Previous Owner $21,000 Seller Take Back
Previous Owner $165,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2016 07/07/16 Sold $129,000 -0.7% $48 / Sq Ft
06/20/2016 06/20/16 Price Changed $129,900 +4.0% $48 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $124,900 -3.2% $46 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
04/04/2016 04/04/16 Off Market $129,000 -- --
02/17/2016 02/17/16 For Sale $124,900 +860.8% $46 / Sq Ft
03/07/2013 03/07/13 Sold $13,000 -73.2% $4 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
07/11/2012 07/11/12 For Sale $48,500 -- $15 / 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 $1,008 $161,000 $0 $0
2023 $961 $143,400 $0 $0
2022 $3,185 $126,900 $0 $0
2021 $3,158 $110,800 $0 $0
2020 $879 $103,200 $0 $0
2019 $865 $77,100 $0 $0
2018 $3,686 $71,800 $0 $0
2017 $2,556 $71,800 $0 $0
2016 $1,897 $67,600 $0 $0
2015 -- $57,200 $0 $0
2014 -- $49,800 $40,081 $9,719
2012 -- $51,900 $51,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212071000

Realcomp

APN: 05-30-502-079