NOT LISTED FOR SALE

Estimated Value: $267,000 - $466,000

2 Beds
2 Baths
932 Sq Ft
$385/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $150,000 $161 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,093/month

5 Days on Market

Highlights

  • 4.07 Acre Lot
  • 1-Story Property
  • Water Softener is Owned

About This Home

As of September 2016

Here is your rare opportunity to invest in a beautiful, 4 acre, income producing property! Duplex tenant occupied. Solid rental history! You can live on site in the single family home, or rent it out for additional income.

**Sale includes ranch, single family home as listed in MLS# 216072306. TWO homes, ONE price!

Last Listed By

Theresa McDevitt

Temporary Inactive Users License #6501395004 Listed on: 07/20/2016

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4.07 Acre Lot
  • Lot Dimensions are 169x996x201x1103

Parking

  • Unassigned Parking

Home Design

  • Duplex
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 932 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number B00218100001

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Assessment: 2.56
  • Year Built: 9999
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Water Softener (owned)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 932
  • Total Sq Ft: 932

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 169
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Wall/Floor Furnace
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Schools

  • School District: Whitmore Lake

Lot Info

  • List Price per Acre: 39312.0393
  • Lot Size Area: 4.07
  • Lot Dimensions: 169x996x201x1103
  • Parcel Number: B00218100001
  • Zoning: Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Monthly Rental Income: 950

Tax Info

  • Tax Amount Summer: 763.0000
  • Tax Amount Winter: 3383.0000
  • Total Tax: 4146.0000

Multi Family

  • Gross Scheduled Income: 11400.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Whitmore Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2017
Sold by
Kowalewski Angela
Bought by
Kowalewski Angela and Davidson Wayne Ronald
Total Days on Market
5
Current Estimated Value
$358,553

Purchase Details

Listed on
Jul 20, 2016
Closed on
Sep 16, 2016
Sold by
Koopikka Audrey L and Koopikka Dennis M
Bought by
Kowalewski Angela
Seller's Agent
Theresa McDevitt
Temporary Inactive Users
Buyer's Agent
Julie Benson
Preview Properties PC
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%
Original Mortgage
$110,000
Interest Rate
3.43%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Kowalewski Angela -- None Available
Kowalewski Angela $150,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kowalewski Angela M $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $150,000 -6.3% $161 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $160,000 -- $172 / Sq Ft
Source: Realcomp

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
2024 $1,156 $164,400 $0 $0
2023 $1,101 $126,500 $0 $0
2022 $4,146 $109,800 $0 $0
2021 $4,061 $105,900 $0 $0
2020 $4,021 $105,100 $0 $0
2019 $3,922 $94,000 $94,000 $0
2018 $3,824 $92,000 $0 $0
2017 $5,287 $90,100 $0 $0
2016 $764 $71,852 $0 $0
2015 -- $71,638 $0 $0
2014 -- $69,400 $0 $0
2013 -- $69,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216072372

Realcomp

APN: 02-18-100-001