NOT LISTED FOR SALE

814 S Main St Ste 6-A Lapeer, MI 48446

Estimated Value: $316,381

2 Beds
1.5 Baths
1,970 Sq Ft
$125/mo HOA Fee

Last Sold November 29, 2021

Last sale price $265,000 $135 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,036/month

86 Days on Market

Highlights

  • End Unit
  • Accessible Approach with Ramp
  • Forced Air Heating and Cooling System
  • Covered patio or porch
  • 1-Story Property
  • High Speed Internet

About This Home

As of November 2021

Great Investment property! Large commercial Space on high-traffic M24, less than a mile from I69. It is currently split into 2 units with separate utilities in each. Water is shared on one meter. Units are currently rented to amazing tenants with 1 year leases each with 2 year renewal option. Cap Rate is at around 10%. Could easily be made into one large unit again. Partially finished basement with another full floor of office spaces. Basement has a door that locks on each side to connect the units. So many possibilities. Rear access to each unit and additional parking in the rear of the building. PLEASE DO NOT DISTURB TENANTS. Seller is a licensed agent.

Last Agent to Sell the Property

Andrew Hall

EXP Realty Main License #6501417974 Listed on: 07/12/2021

EXP Realty Main

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1986 | Remodeled in 2019

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,970 Sq Ft Home
  • 1-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

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

Additional Features

  • Accessible Approach with Ramp
  • Covered patio or porch
  • End Unit
  • Ground Level

Community Details

  • Heritage Park Condo Association
  • Heritage Square Prof Bldg Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number L216460604000

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,783

Year Built

Built in 1986 | Remodeled in 2019

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit
  • Architecture Level: 1 Story
  • Year Built: 1986
  • State Equalized Value: 83300.0000
  • Year Renovated: 2019
  • Accessibility Features: Accessible Approach with Ramp
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail, Cable Available
  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 3940
  • Sq Ft Lower Floor: 1970
  • Total Sq Ft: 1970
  • Sq Ft Total Bsmt: 1970

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exclusions: Yes
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Trash
  • Association Fee Frequency: Quarterly
  • Association Fee: 375
  • Association Contact: Heritage Park Condo
  • Association Fee: Yes

Schools

  • School District: Lapeer

Lot Info

  • Parcel Number: L216460604000

Tax Info

  • Tax Amount Summer: 1607.0000
  • Tax Amount Winter: 2176.0000
  • Total Tax: 3783.0000
  • Taxable Value: 81621.0000

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Nov 29, 2021
Sold by
Abh Dev Properties Llc
Bought by
Barkley Street Properties Llc
Seller's Agent
Andrew Hall
EXP Realty Main
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$309,000
Sold Price
$265,000
Premium/Discount to List
-$44,000
-14.24%
Current Estimated Value
$316,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,381
Avg. Annual Appreciation
4.53%

Purchase Details

Closed on
Oct 23, 2017
Sold by
Elling Dorothy A and Campbell-Beyer Kimberly A
Bought by
Abh Dev Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2012
Sold by
Elling Charles D
Bought by
Elling Dorothy A

Purchase Details

Closed on
Jun 3, 1992
Sold by
Equivest Ltd
Bought by
Elling Charles and Elling Dorothy
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
Barkley Street Properties Llc $265,000 Land Castle Title Llc
Abh Dev Properties Llc $120,000 --
Elling Dorothy A -- --
Elling Charles $5,568 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abh Dev Properties Llc $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $265,000 -14.2% $135 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $309,000 -- $157 / 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 $1,960 $103,100 $0 $0
2023 $1,870 $95,300 $0 $0
2022 $4,396 $92,500 $0 $0
2021 $3,762 $81,300 $0 $0
2020 $3,783 $83,300 $0 $0
2019 $3,881 $80,100 $0 $0
2018 $3,758 $79,700 $79,700 $0
2017 $3,319 $81,000 $0 $0
2016 $3,294 $82,000 $82,000 $0
2015 -- $0 $0 $0
2014 -- $68,400 $68,400 $0
2013 -- $77,200 $77,200 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andrew Hall

    EXP Realty Main

    Section Image

  • N

    Buyer's Agent in 2021

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2021

    Unidentified Agent

    Unidentified Office

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Map

Source: Realcomp

MLS Number: 2210051406

Realcomp

APN: L21-64-606-040-00

Michigan Lapeer County Lapeer 48446

814 S Main St Ste 6-A, Lapeer, MI

This home is located at 814 S Main St Ste 6-A, Lapeer, MI 48446 since 12 July 2021 and is currently estimated at $316,381, approximately $160 per square foot. This property was built in 1986. 814 S Main St Ste 6-A is a home located in Lapeer County with nearby schools including Rolland-Warner Middle School, Lapeer High School, and Chatfield School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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