NOT LISTED FOR SALE

817 Detroit St Portland, MI 48875

Estimated Value: $259,000 - $290,720

4 Beds
2 Baths
1,536 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $231,750 $151 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,806/month

5 Days on Market

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • Ceiling Fan
  • Cooling Available
  • Forced Air Heating System
  • 3-minute walk to Joe Tichvon Park

About This Home

As of May 2024

Here's your chance to own a rental property in the City of Portland. Both units have 2 Bedrooms, 1 Bathroom and a full basement.817 Detroit rent is $1,125 lease ends 12/5/24 & 819 rent is $1,125 lease ends 11/13/24. 24 hour notice is required for showings.

Last Agent to Sell the Property

Nick Sandborn

Sandborn Real Estate License #6502389114 Listed on: 02/29/2024

Last Buyer's Agent

Nick Sandborn

Sandborn Real Estate License #6502389114 Listed on: 02/29/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 141x78

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Stubbed For A Bathroom

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Tax Year: 2023
  • Levels: One
  • Year Built: 1973
  • Lot Size Acres: 0.25
  • Lot Size: 141x78
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1536.0
  • General Property Info:Lot Size Dimensions: 141x78
  • General Property Info:Above Grade Finished Area: 1536.0
  • Exterior:Aluminum Siding: Yes
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Electric:Circuit Breakers: Yes
  • Tax Info:Taxes2: 6230.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: ranch
  • General Property Info:_pound_ of Units: 2
  • Cooling:Ceiling Fan(s)2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Bath/Stubbed, Concrete, Full
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Concrete2: Yes
  • Basement:BathStubbed: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Attached
  • Attached Garage: Yes
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • General Property Info:Parking Total: 4
  • Parking Features:Garage Spaces2: 2
  • Parking Features:Carport Spaces2: 2

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: Ceiling Fan(s)
  • Electric: Circuit Breakers
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Portland

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 1020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
May 16, 2024
Sold by
Fedewa Troy
Bought by
Schrauben Donald C and Schrauben Gabriel
Seller's Agent
Nick Sandborn
Sandborn Real Estate
Buyer's Agent
Nick Sandborn
Sandborn Real Estate
List Price
$249,900
Sold Price
$231,750
Premium/Discount to List
-$18,150
-7.26%
Views
24
Current Estimated Value
$268,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,930
Avg. Annual Appreciation
14.37%
Original Mortgage
$118,875
Outstanding Balance
$109,392
Interest Rate
0.63%
Mortgage Type
Construction
Estimated Equity
$167,681

Purchase Details

Closed on
Jan 31, 1986
Bought by
Schrauben James T and Schrauben Nancy J
Source: Public Records

Range of Values:

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Average Value
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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
Schrauben Donald C $231,750 Diversified Nat'L Title Agcy
Schrauben James T $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrauben Donald C $118,875
Previous Owner Fedewa Troy $161,250
Previous Owner Schrauben James T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $231,750 -7.3% $151 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $249,900 -- $163 / Sq Ft
Source: Greater Lansing Association of Realtors®

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
2025 $4,495 $115,700 $27,000 $88,700
2024 $5,392 $115,700 $27,000 $88,700
2023 $5,150 $88,400 $15,500 $72,900
2022 $3,921 $88,400 $15,500 $72,900
2021 $3,812 $68,000 $13,300 $54,700
2020 $3,071 $68,000 $13,300 $54,700
2019 $3,697 $67,000 $13,300 $53,700
2018 $3,639 $62,900 $13,300 $49,600
2017 $2,867 $62,900 $13,300 $49,600
2016 $2,842 $59,500 $12,000 $47,500
2015 $2,700 $59,500 $12,000 $47,500
2014 $2,700 $61,100 $14,800 $46,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 278917

Greater Lansing Association of Realtors®

APN: 300-034-000-190-00