NOT LISTED FOR SALE

821 S Clay St Greenville, MI 48838

Estimated Value: $617,277

-- Bed
-- Bath
-- Sq Ft
0.8 Acres

Last Sold January 17, 2018

Last sale price $338,000

Est. 83% increase in value since last sale

Current estimated payment $3,958/month

282 Days on Market

Highlights

  • 1 Fireplace
  • 16 Car Garage
  • Laundry Facilities
  • Baseboard Heating

About This Home

As of January 2018

8 unit in the City of Greenville. Fully occupied with many long term tenants. All large 2 bedroom apartments. Each unit has a garage and off-street parking. Community washer/dryer which brought income of $1780 in 2016. Building is all electric, owner pays lights and heat in common areas. Rent ranges from $540 to $700 per month

Last Agent to Sell the Property

Katrina Southwick

Coldwell Banker Schmidt Realtors Listed on: 02/04/2017

Last Buyer's Agent

Michael Satterlee

Greenridge Realty (Greenvl) License #6501331673

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,354

Year Built

  • Built in 1974

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 198x145x66x36x132x181

Parking

  • 16 Car Garage

Additional Features

  • 1 Fireplace
  • Baseboard Heating
  • Basement

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for trash collection, electricity, water, sewer

Community Details

Building Details

  • Insurance Expense $2,503
  • Utility Expense $4,700

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,354

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1974
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 198x145x66x36x132x181
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 8354.0
  • Tax Info:Zoning3: 201 Commercial
  • General Property Info:Total _pound_ Units: 8
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Baseboard: Yes
  • Extras:Laundry Facility: Yes
  • Utilities Attached Electricity Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Other
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 349900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 16.0
  • General Property Info:Total Parking Spaces: 16.0
  • Extras:Garages: Yes

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Utilities: Electricity Connected
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.8
  • Lot Size Area: 0.8
  • Lot Dimensions: 198x145x66x36x132x181
  • Lot Size Sq Ft: 34848.0
  • Zoning Description: 201 Commercial
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer
  • Tenant Pays: Electric

Multi Family

  • Insurance Expense: 2503.0
  • Number of Units Total: 8

Tax Info

  • Tax Annual Amount: 8354.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2007
Sold by
Clay St Arms Llc
Bought by
Heethuis Holdings Llc
Current Estimated Value
$617,277

Purchase Details

Closed on
Oct 13, 1999
Sold by
Younis Ahmad
Bought by
Jankowiak Scott P
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
Heethuis Holdings Llc $380,000 --
Jankowiak Scott P $225,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2018 01/17/18 Sold $338,000 -24.9% --
11/13/2017 11/13/17 Pending -- -- --
02/04/2017 02/04/17 For Sale $449,900 -- --
Source: MichRIC

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 $8,531 $176,300 $0 $0
2024 $8,324 $157,100 $0 $0
2023 -- $146,500 $0 $0
2022 $8,240 $139,100 $0 $0
2021 $8,436 $143,500 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2014 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Katrina Southwick

    Coldwell Banker Schmidt Realtors

  • Michael Satterlee

    Buyer's Agent in 2018

    Michael Satterlee

    Greenridge Realty (Greenvl)

    (616) 225-2888

    156 Total Sales

    Michael Satterlee
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Map

Source: MichRIC

MLS Number: 17004218

MichRIC

APN: 052-422-004-50

Michigan Montcalm County Greenville 48838

821 S Clay St, Greenville, MI

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MichRIC Information is deemed reliable but not guaranteed.
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