NOT LISTED FOR SALE

7474 N U S 23 Oscoda, MI 48750

16 Beds
8 Baths
5,500 Sq Ft
0.48 Acres

Last Sold January 04, 2021

Last sale price $500,000 $91 Per Sq Ft

313 Days on Market

Highlights

  • Beach Front
  • Cottage
  • 1-Story Property
  • Furnished
  • Accessible Approach with Ramp
  • Forced Air Heating System

About This Home

As of January 2021

Completely turn key investment property on Lake Huron! Eight cozy units, all furnished with a full kitchen sitting on 200 feet of some of the most beautiful beach on the lake. Outdoor seating, playground, shuffle board, well-maintained fire pit and a volleyball court are just some of the amenities. 100% occupancy ALL YEAR ROUND! Over 5000 social media followers and extensive wait list. Far enough to miss the hustle and bustle of downtown but close enough to run into town for a quick bite or grocery run. Do not miss this amazing opportunity to start making money on a well-established resort on the gorgeous Sunrise Coast!

Last Agent to Sell the Property

Benjamin Corcoran

Century 21 Metro Brokers License #6501395931 Listed on: 10/02/2019

Century 21 Metro Brokers

Last Buyer's Agent

Benjamin Corcoran

Century 21 Metro Brokers License #6501395931 Listed on: 10/02/2019

Century 21 Metro Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1952 | Remodeled in 2018

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 180x173x180x175
  • Beach Front
  • 200 Feet of Waterfront
  • Lake Front
  • Home fronts navigable water

Parking

  • 15 Parking Spaces

Home Design

  • Cottage
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 8 Full Bathrooms
  • 5,500 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Crawl Space
  • Carbon Monoxide Detectors

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 064L1000006200

Community Details

Overview

  • 8 Units
  • Lake Huron Sand Beach Sub Subdivision

Recreation

  • Water Sports

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,291

Year Built

Built in 1952 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Cottage
  • Architecture Level: 1 Story
  • Year Built: 1952
  • State Equalized Value: 185000.0000
  • Year Renovated: 2018
  • Accessibility Features: Accessible Approach with Ramp
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), Furnished - Yes, High Spd Internet Avail
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Sq Ft Combined: 5500
  • Total Sq Ft: 5500

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Huron
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Playground
  • Foundation Materials: Block, Poured
  • Frontage Feet: 180
  • Road Frontage Type: Paved
  • Sideof Street: E
  • Water Frontage Feet: 200.00
  • Waterfront Description: Beach Front, Direct Water Frontage, Lake Front

Garage/Parking

  • Total Parking Spaces: 15

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Shared Septic (Common), Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Oscoda

Lot Info

  • Lot Size Area: 0.48
  • Lot Dimensions: 180x173x180x175
  • Parcel Number: 064L1000006200
  • Soil Type: Mixed
  • Zone Conform: Yes
  • Zoning: Commercial

Rental Info

  • Rent Includes: Electric, Trash Collection, Heat, Snow Removal, Water/Sewer, Yard Maintenance
  • Monthly Rental Income: 3400

Tax Info

  • Tax Amount Summer: 5254.0000
  • Tax Amount Winter: 2037.0000
  • Total Tax: 7291.0000
  • Taxable Value: 173343.0000

Multi Family

  • Waterfront Features: All Sports Lake, Navigable
  • Gross Scheduled Income: 125000.00
  • Number Of Units Total: 8
  • Number of Two Bedroom Units: 8
  • Number Of Units Leased: 8

MLS Schools

  • School District: Oscoda

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $500,000 -11.5% $91 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $565,000 0.0% $103 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $565,000 +13.0% $103 / Sq Ft
04/21/2020 04/21/20 Off Market $500,000 -- --
03/09/2020 03/09/20 Price Changed $565,000 +2.7% $103 / Sq Ft
10/02/2019 10/02/19 For Sale $550,000 -- $100 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219101876

Realcomp