NOT LISTED FOR SALE

7634 Thomas St Central Lake, MI 49622

Estimated Value: $294,595

6 Beds
3 Baths
3,934 Sq Ft
$75/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2021

Last sale price $220,000 $56 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,097 / mo

52 Days on Market

Highlights

  • Public Water Access
  • Porch
  • Satellite Dish
  • Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2021

Rare investment opportunity! This great triplex has 3 spacious units that each have their own single car garage. A short walk to Intermediate Lake, Thurston Park and downtown Central Lake. The complex is well maintained and the current tenants love living there. Keep them and you have income coming in from the start! Rents include water and sewer, electric and gas are metered separately for each unit.

Last Agent to Sell the Property

Stephanie Koppe

REO-TCBellaire-233025 Listed on: 03/01/2021

REO-TCBellaire-233025

Last Buyer's Agent

Sam Flamont

The Mitten Real Estate Group

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,509

Year Built

  • Built in 1940

Lot Details

  • 29,621 Sq Ft Lot
  • Lot Dimensions are 150x200
  • The community has rules related to zoning restrictions

Parking

  • Detached Garage

Home Design

  • Triplex
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,934 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Oven or Range

Outdoor Features

  • Public Water Access
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Satellite Dish
  • Cable TV Available

Community Details

  • 3 Units
  • Village Of Central Lake Community

Listing and Financial Details

  • Rent includes liability insurance, exterior maintenance, snow removal, water, sewer, fire insurance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,509

Year Built

Built in 1940

Lot Details

0.68 Acres

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Triplex
  • Style: 2 Story
  • Estimated Year Built: 1940
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Drywall
  • Range: R 8W
  • Total Finished Sf Apx: 3934

Exterior Features

  • Exterior Features: Porch
  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl Space
  • Number Of Acres: 0.68
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Near Pub.Access W/In 500'

Garage/Parking

  • Primary Garage: Garage For Each Unit, Detached, Concrete Floors

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv, Cable Internet, Dish Tv
  • Water: Municipal
  • Heating Cooling Type: Forced Air

Association/Amenities

  • Development Name: Village of Central Lake

Lot Info

  • Lot Dimensions: 150x200
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Multi-Family

Rental Info

  • Included In Lease: Liability Insurance, Exterior Maintenance, Snow Removal, Water, Sewer, Fire Insurance

Tax Info

  • Other Taxes: 1450.24
  • Summer Taxes: 1494.72
  • Total Taxes: 3508.95
  • Winter Taxes: 563.99
  • Year Winter: 2019

Multi Family

  • Total Number Units: 3

MLS Schools

  • School District: Central Lake Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 30, 2021
Sold by
Bought by
Seller's Agent
Stephanie Koppe
REO-TCBellaire-233025
Buyer's Agent
Sam Flamont
The Mitten Real Estate Group
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%
Current Estimated Value
$294,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,595
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Mar 7, 2014
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 2003
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$220,000 None Available
$220,000 --
$112,173 --
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $220,000 -3.9% $56 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $229,000 +141.1% $58 / Sq Ft
05/28/2015 05/28/15 Sold $95,000 -26.4% $24 / Sq Ft View Prior Sale
05/05/2015 05/05/15 Pending -- -- --
10/07/2014 10/07/14 For Sale $129,000 -- $33 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,741 $106,300 $0 $0
2025 $4,508 $101,900 $0 $0
2024 $42 $129,200 $0 $0
2023 $4,068 $139,100 $0 $0
2022 $3,565 $84,900 $0 $0
2021 $3,368 $80,600 $0 $0
2020 $3,624 $86,500 $0 $0
2019 $2,059 $57,300 $0 $0
2018 $2,588 $48,200 $0 $0
2017 $2,540 $48,200 $0 $0
2016 $2,020 $47,100 $0 $0
2015 -- $61,000 $0 $0
2014 -- $62,900 $0 $0
2013 -- $43,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1884538

Northern Great Lakes REALTORS® MLS

APN: 05-42-010-004-00

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