NOT LISTED FOR SALE

Estimated Value: $270,000 - $330,000

Studio
-- Bath
-- Sq Ft
9,583 Sq Ft Lot

Sale Details

Date Sold: April 3, 2015

Last sale price $100,000

Est. 199% increase in value since last sale

Current estimated payment $1,938 / mo

161 Days on Market

About This Home

As of April 2015

This is a large classic brick two story, built as a 4 family, and has been fully occupied for years. But has potential to be commercial office or business. Near to down town, in an area of rebounding property values... set back off the road, plenty of room for car ports or large garage... buyer to verify all information.

Last Agent to Sell the Property

Thomas Tabor

The Realty Connection Assoc License #6504206584 Listed on: 09/05/2014

Last Buyer's Agent

Aaron Metaj

Bellabay Realty LLC License #6502419485

Bellabay Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,476

Year Built

  • Built in 1900

Lot Details

  • 9,583

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Connected

Additional Features

  • Basement Fills Entire Space Under The House
  • 9,583 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for trash collection, gas
  • The owner pays for water, sewer

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $815
  • Utility Expense $1,522
  • Gross Income $16,200
  • Net Operating Income $12,387

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,476

Year Built

Built in 1900

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 80X120 (est)
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1476.0
  • Tax Info:Zoning3: 401 res improve
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Brick
  • List Price: 120000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9583.0
  • Zoning Description: 401 res improve
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Gross Income: 16200.0
  • Insurance Expense: 815.0
  • Net Operating Income: 12387.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 1476.0
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2018
Sold by
Bought by
Current Estimated Value
$298,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2016
Sold by
Bought by

Purchase Details

Listed on
Sep 5, 2014
Closed on
Apr 3, 2015
Sold by
Bought by
Seller's Agent
Thomas Tabor
The Realty Connection Assoc
Buyer's Agent
Aaron Metaj
Bellabay Realty LLC
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%

Purchase Details

Closed on
Feb 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
0.0725%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 1995
Sold by
Bought by

Purchase Details

Closed on
May 16, 1995
Sold by
Bought by

Purchase Details

Closed on
May 15, 1995
Sold by
Bought by

Purchase Details

Closed on
Jul 29, 1993
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 1984

Purchase Details

Closed on
Mar 26, 1980
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$156,000 Essential Title Agency Llc
-- Attorney
$100,000 Sun Title Agency Of Mi Llc
$89,000 Chicago Title
$44,000 --
$37,600 --
$32,000 --
-- --
$32,000 --
$33,600 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $214,500
Closed $208,500
Closed $210,000
Closed $117,000
Previous Owner $67,500
Previous Owner $86,550
Previous Owner $93,100
Previous Owner $71,200
Previous Owner $18,380
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/03/2015 04/03/15 Sold $100,000 -16.7% --
02/13/2015 02/13/15 Pending -- -- --
09/05/2014 09/05/14 For Sale $120,000 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,712 $124,100 $0 $0
2024 $36 $115,800 $0 $0
2023 $3,587 $99,800 $0 $0
2022 $3,409 $92,700 $0 $0
2021 $3,322 $80,500 $0 $0
2020 $3,211 $70,500 $0 $0
2019 $3,287 $61,600 $0 $0
2018 $2,661 $57,000 $0 $0
2017 $3,053 $43,400 $0 $0
2016 $2,681 $38,700 $0 $0
2015 $1,958 $38,700 $0 $0
2013 -- $41,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 14051296

MichRIC

APN: 41-14-32-301-006

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