NOT LISTED FOR SALE

741 E Michigan Ave Marshall, MI 49068

Estimated Value: $192,138 - $246,000

4 Beds
2 Baths
-- Sq Ft
5,759 Sq Ft Lot

Last Sold January 25, 2021

Last sale price $170,000

Est. 30% increase in value since last sale

Current estimated payment $1,622/month

44 Days on Market

About This Home

As of January 2021

Beautiful multi-family rental. The home is a townhouse with two units, each unit has one bathroom and two bedrooms. Both sides have been recently remodeled. The plumbing was completely replaced with PVC, new breakers, new 200 amp service. Kitchens were both completely remodeled as well as both bathrooms. Currently, both units are occupied and the rental can generate rents of around $2,000/ month. Tenants pay for heat and electricity. This home would be great for a first time homebuyer/ new couple to live in one unit and rent out the other.

Last Agent to Sell the Property

Justin Tibble

REOZOM REAL ESTATE SERV Listed on: 11/21/2020

Last Buyer's Agent

Brian Fazekas

Berkshire Hathaway HomeServices Michigan Real Estate License #6506047758

Berkshire Hathaway HomeServices Michigan Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,278

Year Built

  • Built in 1890

Lot Details

  • 5,759 Sq Ft Lot

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 2 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,278

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 179000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5759.0
  • Zoning Description: Multi-family
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2278.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2022
Sold by
Ryan Ziegler
Bought by
Ziegler Evan G and Ziegler Ashley N
Current Estimated Value
$221,134

Purchase Details

Listed on
Nov 21, 2020
Closed on
Jan 22, 2021
Sold by
Lodestone Investments Llc
Bought by
Ziegler Ryan
Seller's Agent
Justin Tibble
REOZOM REAL ESTATE SERV
Buyer's Agent
Brian Fazekas
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$144,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2018
Sold by
Cope Aaron W
Bought by
Lodestone Investment Llc

Purchase Details

Listed on
Jan 8, 2018
Closed on
Feb 28, 2018
Sold by
Maher James C and Maher Marcia
Bought by
Cope Aaron W
Seller's Agent
Sally Bulgarelli
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Max Brundage
Real Estate One Rosemary Davis
List Price
$105,000
Sold Price
$95,000
Premium/Discount to List
-$10,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$97,600
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2011
Sold by
Maher James C and Maher Marcia
Bought by
Star Properties Of Marshall Llc

Purchase Details

Closed on
Aug 6, 2010
Sold by
Star Properties Of Marshall Llc
Bought by
Maher James C and Maher Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2005
Sold by
Johnston Phyllis M
Bought by
Star Properties Of Marshall Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2001
Sold by
Johnston Phyllis M
Bought by
Star Properties Of Marshall Llc
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 Buyer Sale Price Title Company
Ziegler Evan G $170,000 None Listed On Document
Ziegler Ryan $170,000 None Available
Lodestone Investment Llc -- None Available
Cope Aaron W $95,000 None Available
Star Properties Of Marshall Llc -- None Available
Maher James C -- None Available
Star Properties Of Marshall Llc $90,000 Mbt Title Services Llc
Star Properties Of Marshall Llc $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ziegler Evan Gene $0
Previous Owner Ziegler Ryan $144,500
Previous Owner Cope Aaron W $97,600
Previous Owner Maher Marcia K $84,000
Previous Owner Star Properties Of Marshall Llc $86,000
Closed Ziegler Evan G $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $170,000 -5.0% --
01/04/2021 01/04/21 Pending -- -- --
11/21/2020 11/21/20 For Sale $179,000 +88.4% --
02/28/2018 02/28/18 Sold $95,000 -9.5% --
01/15/2018 01/15/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $105,000 -- --
Source: Southwestern Michigan Association 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 $4,941 $81,000 $0 $0
2024 $1,308 $80,700 $0 $0
2023 $3,897 $68,000 $0 $0
2022 $2,953 $60,800 $0 $0
2021 $2,449 $57,100 $0 $0
2020 $2,297 $51,000 $0 $0
2019 $0 $36,900 $0 $0
2018 $0 $53,400 $11,800 $41,600
2017 $0 $46,700 $0 $0
2016 $0 $45,100 $0 $0
2015 -- $45,800 $0 $0
2014 -- $47,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Tibble

    Seller's Agent in 2021

    Justin Tibble

    REOZOM REAL ESTATE SERV

    (248) 943-4801

    2 in this area

    721 Total Sales

    Section Image

  • B

    Buyer's Agent in 2021

    Brian Fazekas

    Berkshire Hathaway HomeServices Michigan Real Estate

    (269) 209-2286

    134 in this area

    195 Total Sales

    Section Image

  • S

    Seller's Agent in 2018

    Sally Bulgarelli

    Berkshire Hathaway HomeServices Michigan Real Estate

  • M

    Buyer's Agent in 2018

    Max Brundage

    Real Estate One Rosemary Davis

    (269) 967-9816

    46 in this area

    83 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20048396

Southwestern Michigan Association of REALTORS®

APN: 53-001-968-01

Michigan Calhoun County Marshall 49068

741 E Michigan Ave, Marshall, MI

This home is located at 741 E Michigan Ave, Marshall, MI 49068 since 21 November 2020 and is currently estimated at $218,535. This property was built in 1890. 741 E Michigan Ave is a home located in Calhoun County with nearby schools including Harrington Elementary School, Marshall High School, and Marshall 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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