NOT LISTED FOR SALE

825 Summer St Unit 825A and 825B Algonac, MI 48001

Estimated Value: $175,696 - $194,000

2 Beds
2 Baths
1,596 Sq Ft
$117/Sq Ft Est. Value

Last Sold October 29, 2015

Last sale price $75,000 $47 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,079/month

80 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Forced Air Heating System
  • 2 Car Detached Garage
  • Patio

About This Home

As of October 2015

Duplex with established renters on both sides... each unit received new gas furnaces last year as well as new roof. While each unit is a 1 bedroom the first unit utilized as 2 bedroom and has garage usage. Landlord pays water, tenants pay gas and electric. Monthly rent totals $1,025. Landlord pays unit one occupant for exterior maintenance. Bi-annual city inspection completed.. Located walking distance to riverfront park!

Last Agent to Sell the Property

Tom Soulliere

Sine & Monaghan Realtors LLC Algonac License #MISPE-6501251225 Listed on: 06/10/2015

Sine & Monaghan Realtors LLC Algonac

Last Buyer's Agent

Jeff Gates

House Want Realty, Inc. License #MISPE-6502413510

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $420

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x120

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Ranch Style House

Kitchen

  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 74011050074000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$420

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Year Built: 9999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1596

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Patio, Porch
  • Frontage: 60
  • Foundation Type: Crawl

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2

Utilities

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

Lot Info

  • Assessor Parcel Number: 74011050074000
  • Lot Dimensions: 60x120
  • Section: 10
  • Acreage: 0.17
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes, Trash Removal, Water/Sewer
  • Lease Information: Less Than 1 Year

Tax Info

  • Summer Tax: Year: 2015, Amount: $2,395.27
  • Winter Tax: Year: 2014, Amount: $101.55
  • Taxable Value: 38912
  • SEV Year: 2015

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Algonac Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2015
Closed on
Nov 9, 2015
Sold by
Kerr Margery A and Kerr Living Trust
Bought by
Chase John
Seller's Agent
Tom Soulliere
Sine & Monaghan Realtors LLC Algonac
Buyer's Agent
Jeff Gates
House Want Realty, Inc.
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Total Days on Market
80
Current Estimated Value
$186,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,674
Avg. Annual Appreciation
10.51%
Original Mortgage
$75,000
Outstanding Balance
$59,952
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$136,254

Purchase Details

Closed on
Jan 12, 2015
Sold by
Kerr Margery A
Bought by
Kerr Living Trust

Purchase Details

Closed on
Oct 15, 2014
Sold by
Kerr James S
Bought by
Kerr Margery A

Purchase Details

Closed on
Apr 19, 2013
Sold by
Sharrow Michael E
Bought by
Kerr James S and Kerr Margery A
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
Chase John $75,000 --
Kerr Living Trust -- None Available
Kerr Margery A -- None Available
Kerr James S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase John $75,000
Previous Owner Sharrow Edward $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2015 10/29/15 Sold $75,000 -6.1% $47 / Sq Ft
08/29/2015 08/29/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $79,900 -- $50 / 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 $420 $70,400 $0 $0
2023 $2,758 $65,400 $0 $0
2022 $2,827 $58,800 $0 $0
2021 $2,730 $56,000 $0 $0
2020 $1,416 $27,600 $0 $0
2019 $2,686 $51,100 $0 $0
2018 $2,638 $52,900 $0 $0
2017 $2,596 $48,100 $0 $0
2016 $2,441 $48,100 $0 $0
2015 -- $43,300 $10,600 $32,700
2014 -- $38,300 $10,600 $27,700
2013 -- $37,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Soulliere

    Seller's Agent in 2015

    Tom Soulliere

    Sine & Monaghan Realtors LLC Algonac

    (810) 794-5544

    54 Total Sales

    Tom Soulliere
    Section Image
  • Jeff Gates

    Buyer's Agent in 2015

    Jeff Gates

    House Want Realty, Inc.

    (586) 298-1509

    132 Total Sales

    Jeff Gates
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31247703

Michigan Multiple Listing Service

APN: 01-105-0074-000

Michigan St. Clair County Algonac 48001

825 Summer St Unit 825A and 825B, Algonac, MI

This home is located at 825 Summer St Unit 825A and 825B, Algonac, MI 48001 since 10 June 2015 and is currently estimated at $186,674, approximately $116 per square foot. 825 Summer St Unit 825A and 825B is a home located in St. Clair County with nearby schools including Algonac Junior/Senior High School.

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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