NOT LISTED FOR SALE

7550 Driggs Rd Palmyra, MI 49268

Estimated Value: $226,000 - $469,756

11 Beds
6 Baths
4,254 Sq Ft
$80/Sq Ft Est. Value

Sale Details

Date Sold: July 26, 2018

Last sale price $135,000 $32 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $2,134 / mo

39 Days on Market

Highlights

  • Barn or Stable
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Deck
  • Farmhouse Style Home
  • Tankless Water Heater

About This Home

As of July 2018

Unique multi unit rental sits on 1.72 acres of pure country living. The 1602 sqft duplex offers 3 bedrooms 1 bath each and both rentals have laundry hookups. One unit offers air while the other does not. 7550 1/2 has a newer demand on tankless water heater. The duplex shares a well and septic, but offers separate meters for gas and electric. Front mobile home has 1596sqft of living space with 3 bedrooms 2 full baths with a large master suite. Island in kitchen area. Spacious living room and dining area combined with a wood burning fireplace. Home also has a laundry room. The back mobile home is approximately 1096 sqft and also offers 3 bedrooms 2 full baths and master suite. The mobile homes share a well and have separate septic systems, plus their own utility. Great income potential.

Last Agent to Sell the Property

Chuck Davis

Xsell Realty License #LCAR-6501260741 Listed on: 05/10/2018

Last Buyer's Agent

Christopher Powers

EXP Realty LLC License #RCO-6501389628

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1.72 Acre Lot
  • 183 Ft Wide Lot
  • Rural Setting

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Farmhouse Style Home
  • Pillar, Post or Pier Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 6 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Tankless Water Heater
  • Septic Tank

Additional Features

  • Deck
  • Barn or Stable

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number PA0-123-4100-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

1.72 Acres

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Farm House, Manufactured/Modular
  • Sub Structure Types: Barn
  • Total Tax Amount: 4020.87
  • Total Tax Year: 2017
  • Year Built: 1900
  • Mail City: Palmyra
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Features: Livroom Fireplace
  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 11
  • Bathroom Description: First Flr Bath Lav/Half, Master Bedroom Bath
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Dining Kitchen: Eat-In Kitchen, Formal Dining Room
  • Sub Room Description: First Floor Bedroom, First Floor Laundry, First Floor Mstr Bedroom, Living Room, Master W/Bath
  • Source of Sq Ft: Estimated

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Deck
  • Frontage: 183
  • Foundation Type: Basement, Piller/Post/Pier
  • Roads: Paved Street, Country

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces, Garage

Utilities

  • Water: Private Well
  • Water Heater: Tankless Hot Water
  • Cooling System: Ceiling Fan(s), Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Septic

Lot Info

  • Assessor Parcel Number: PA0-123-4100-00
  • Location: Rural
  • Lot Dimensions: 183
  • Acreage: 1.72
  • Zoning: Multi-Family, Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $1,065.49
  • Winter Tax: Year: 2017, Amount: $2,955.36
  • Total Tax: Year: 2017, Amount: $4,020.87

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Blissfield Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Shoemaker Kevin D and Shoemaker Nancy A
Bought by
Powers Crystal
Current Estimated Value
$338,939

Purchase Details

Listed on
May 10, 2018
Closed on
Jul 16, 2018
Sold by
George R Grau T
Bought by
Shoemaker Kevin D and Shoemaker Nancy A
Seller's Agent
Chuck Davis
Xsell Realty
Buyer's Agent
Christopher Powers
EXP Realty LLC
List Price
$138,500
Sold Price
$135,000
Premium/Discount to List
-$3,500
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Powers Crystal $135,000 Misc Company
Shoemaker Kevin D $177,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2018 07/26/18 Sold $135,000 -2.5% $32 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $138,500 -- $33 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,192 $178,500 $0 $0
2024 $17 $171,900 $0 $0
2023 $3,246 $153,200 $0 $0
2022 $1,475 $131,100 $0 $0
2021 $3,162 $130,300 $0 $0
2020 $2,052 $88,000 $0 $0
2019 $287,258 $104,400 $0 $0
2018 $2,412 $82,553 $0 $0
2017 $4,041 $83,056 $0 $0
2016 $4,011 $83,223 $0 $0
2014 -- $83,388 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31347268

Michigan Multiple Listing Service

APN: PA0-123-4100-00

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