NOT LISTED FOR SALE

8160 N Dixie Hwy Newport, MI 48166

Berlin Township Neighborhood

Estimated Value: $328,222 - $441,000

22 Beds
12 Baths
8,524 Sq Ft
$47/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $635,000 $74 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $2,371/month

81 Days on Market

Highlights

  • 1.14 Acre Lot
  • Forced Air Heating System
  • Hot Water Heating System
  • 2 Car Detached Garage

About This Home

As of June 2022

This is a 1 party listing and sale. For informational purposes only. This sale includes 2 parcels 8160 N. Dixie Hwy and 8174 N. Dixie Hwy. 12 apartments total, 2 separate parcel ID#'s . 8174 N. Dixie 5803 006 052 10- 8 units. 8160 N. Dixie 5803 006 052 00- 4 units. Tenants pay own gas and electric. Landlord pays water. 1 bedroom and 2 bedroom units 8160 N. Dixie - include washer and dryer. Upstairs units have central air, downstairs units have window air conditioners. Forced Air heat 8174 N. Dixie - units have window air conditioners. Boiler unit in basement. 2 car detached garage.

Last Agent to Sell the Property

Annette Perna-Taormina

Gerweck Real Estate in Monroe License #MCAR-6502357318 Listed on: 03/17/2022

Last Buyer's Agent

Annette Perna-Taormina

Gerweck Real Estate in Monroe License #MCAR-6502357318 Listed on: 03/17/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 1.14 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 12 Full Bathrooms

Basement

  • Michigan Basement
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Boiler Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • Association fees include heating
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 5803 006 052 10 5803 006 052 0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,987

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1900
  • Mail City: Newport
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block, MI Basement
  • Bedrooms: 22
  • Full Bathrooms: 12
  • Total Bathrooms: 12
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 8524

Exterior Features

  • Construction: Vinyl Siding
  • Foundation Type: Basement, Crawl
  • Roads: City/County, Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Boiler, Forced Air, Hot Water
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • HOA Fee Includes: Heating

Lot Info

  • Assessor Parcel Number: 5803 006 052 10 5803 006 052 0
  • Lot Dimensions: 137x193 irr 98.33x183
  • Acreage: 1.14
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes, Water/Sewer

Tax Info

  • Summer Tax: Year: 2022, Amount: $2,033.48
  • Winter Tax: Year: 2021, Amount: $5,953.11
  • Total Tax: Amount: $7,986.59

Multi Family

  • Total Units: 12

MLS Schools

  • School District: Jefferson Schools-Monroe Co

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Jun 17, 2022
Sold by
Mark And Deborah Masserant Living Trust
Bought by
S & J Real Estate Property Management Llc
Seller's Agent
Annette Perna-Taormina
Gerweck Real Estate in Monroe
Buyer's Agent
Annette Perna-Taormina
Gerweck Real Estate in Monroe
List Price
$635,000
Sold Price
$635,000
Current Estimated Value
$401,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$233,593
Avg. Annual Appreciation
-7.10%
Original Mortgage
$480,000
Outstanding Balance
$231,664
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$275,954

Purchase Details

Closed on
Feb 17, 2021
Sold by
Masserant Mark M and Masserant Deborah L
Bought by
Masserant Mark M and Masserant Deborah L
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
S & J Real Estate Property Management Llc $635,000 Lawyers Title
Masserant Mark M -- None Available
Masserant Mark M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & J Real Estate Property Management Llc $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $635,000 0.0% $74 / Sq Ft
03/17/2022 03/17/22 For Sale $635,000 -- $74 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,622 $176,700 $0 $0
2023 $1,545 $127,500 $0 $0
2022 $3,281 $127,500 $0 $0
2021 $3,168 $103,200 $0 $0
2020 $3,900 $95,700 $0 $0
2019 $3,000 $95,700 $0 $0
2018 $2,982 $86,200 $0 $0
2017 $2,923 $86,200 $0 $0
2016 $2,944 $82,500 $0 $0
2015 $2,878 $67,818 $0 $0
2014 $2,788 $67,818 $0 $0
2013 -- $65,842 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Annette Perna-Taormina

    Seller's Agent in 2022

    Annette Perna-Taormina

    Gerweck Real Estate in Monroe

    (734) 242-8716

    2 in this area

    104 Total Sales

    Annette Perna-Taormina
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50098298

Michigan Multiple Listing Service

APN: 03-006-052-00

Michigan Monroe County Newport 48166 Berlin Township

8160 N Dixie Hwy, Newport, MI

This home is located at 8160 N Dixie Hwy, Newport, MI 48166 since 17 March 2022 and is currently estimated at $401,407, approximately $47 per square foot. This property was built in 1900. 8160 N Dixie Hwy is a home located in Monroe County with nearby schools including Jefferson High School and St. Charles Borromeo Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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