NOT LISTED FOR SALE

Estimated Value: $132,000 - $171,156

3 Beds
2 Baths
-- Sq Ft
0.27 Acres

Last Sold July 15, 2021

Last sale price $88,500

Est. 70% increase in value since last sale

Current estimated payment $1,031/month

Highlights

  • 0.27 Acre Lot
  • Forced Air Heating System
  • 3-minute walk to Sparks Foundation County Park
  • Sharp Park Academy Rated A-

About This Home

As of July 2021

Solid very spacious duplex (city inspection compliant), in a friendly neighborhood, with existing good renters who pay their own gas and electric, and garbage. The tenants have a friendly working relationship. New garage roof. Half of the plumbing is new, electric is up to code. call 36 hours in advance to schedule a showing. legal description:E 63 FT OF LOT 19 & W 27 FT OF LOT 20 BLK 5 SOUTH PARK SUB DIV OF BLKS 1,2,5,6,9 PARTS OF BLKS 7 & 8 GRISWOLD'S ADD

Last Agent to Sell the Property

Jay Horsfall

Jackson Property Manager License #6502356714 Listed on: 04/19/2021

Last Buyer's Agent

CINDY KERN

PRODUCTION REALTY - GRASS LAKE License #6501384197

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,476

Year Built

  • Built in 1910

Lot Details

  • 0.27 Acre Lot

Utilities

  • Forced Air Heating System
  • Space Heater

Community Details

Overview

  • South Park Subdivision

Building Details

  • Operating Expense $2,700
  • Net Operating Income $14,200

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,476

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 92500.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air, Space Heater
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11761.2

Multi Family

  • Net Operating Income: 14200.0
  • Operating Expense: 2700.0

Tax Info

  • Tax Annual Amount: 1476.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jul 15, 2021
Sold by
Brown William H
Bought by
Aalizadeh Majid
Seller's Agent
Jay Horsfall
Jackson Property Manager
Buyer's Agent
CINDY KERN
PRODUCTION REALTY - GRASS LAKE
Sold Price
$88,500
Current Estimated Value
$150,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,289
Avg. Annual Appreciation
12.69%
Original Mortgage
$75,225
Outstanding Balance
$68,317
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$82,472

Purchase Details

Closed on
Nov 19, 2002
Sold by
Trudell Michael and Planeta Mary L
Bought by
Brown William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
8.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2000
Sold by
Desvoignes Richard W and Desvoignes Janine K
Bought by
Planeta Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,400
Interest Rate
8.24%
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

Date Buyer Sale Price Title Company
Aalizadeh Majid $88,500 None Available
Brown William H $102,000 --
Planeta Mary L $82,025 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aalizadeh Majid $75,225
Previous Owner Brown William H $81,600
Previous Owner Planeta Mary L $61,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $88,500 -- --
04/15/2021 04/15/21 Pending -- -- --
Source: MichRIC

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 $2,888 $67,600 $0 $0
2024 $2,439 $57,500 $0 $0
2023 $2,343 $52,000 $0 $0
2022 $2,643 $44,000 $0 $0
2021 $1,495 $29,950 $0 $0
2020 $1,477 $26,750 $0 $0
2019 $1,437 $23,950 $0 $0
2018 $1,371 $21,750 $0 $0
2017 $1,257 $23,550 $0 $0
2016 $1,083 $23,400 $23,400 $0
2015 $1,421 $19,350 $19,350 $0
2014 $1,421 $22,900 $0 $0
2013 -- $22,900 $22,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21034748

MichRIC

APN: 3-263000000