Seller's Agent in 2022
Bernard Shamow
EXP Realty Main
(248) 413-9003
2 in this area
289 Total Sales
832 Farnsworth Rd White Lake, MI 48386
Estimated Value: $282,000 - $381,843
7
Beds
4
Baths
1,406
Sq Ft
$230/Sq Ft
Est. Value
Highlights
- 0.79 Acre Lot
- Lake Privileges
- Covered Patio or Porch
- Clifford H. Smart Middle School Rated A-
- Ranch Style House
- Forced Air Heating System
About This Home
As of December 2022Incredible INVESTMENT opportunity in a great location where you will find this gem, a rare 4-Unit Multi-Family Quadplex in White Lake Twp. w/ beautiful All sports Cedar Island Lake views in plain sight!! This professionally managed property has FOUR income – generating units with four separate entrances. Three of the units are 2-bedroom 1bath, and the fourth unit is 1 bedroom, 1 bath. Current owner recently renovated with over $80,000 in new updates including a NEW ROOF, NEW WELL, and NEW DRAINS in addition to recent updates including fresh paint, laminate flooring, and a newer kitchen.
**A minimum of 2 units will be available during showing requests from 5pm -8pm on weekdays. 1 unit ( unit #1 ) will be available to show at anytime ) Please email proof of funds or pre approval to have your showing request confirmed. Full access to all units will be arranged for inspection**
Last Agent to Sell the Property
EXP Realty Main License #6501406529 Listed on: 10/10/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1930 | Remodeled in 2020
Lot Details
- 0.79 Acre Lot
- Lot Dimensions are 80 x 180.00
Parking
- 7 Parking Spaces
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Roof
- Stone Siding
- Vinyl Construction Material
Interior Spaces
- 4 Full Bathrooms
- 1,406 Sq Ft Home
- Finished Basement
- Walk-Out Basement
Outdoor Features
- Lake Privileges
- Covered Patio or Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 1235201036
Community Details
Overview
- 4 Units
- Cedar Lake Park No 1 Subdivision
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2022
Closed on
Dec 22, 2022
Sold by
Bubba & Rocky Enterprises Llc
Bought by
Martinez Stephanie and Martinez Omar
Seller's Agent
Bernard Shamow
EXP Realty Main
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$325,000
Sold Price
$250,000
Premium/Discount to List
-$75,000
-23.08%
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,461
Avg. Annual Appreciation
10.09%
Purchase Details
Closed on
Apr 8, 2018
Sold by
Browo Ryan
Bought by
Bubb A & Rocky Enterprises Llc
Purchase Details
Listed on
May 9, 2017
Closed on
Sep 18, 2017
Sold by
Camill Shirley A
Bought by
Camill Shirley A
Seller's Agent
Karen Helland
KW Showcase Realty
Buyer's Agent
Karen Helland
Signature Sotheby's International Realty Bham
List Price
$224,900
Sold Price
$223,000
Premium/Discount to List
-$1,900
-0.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$167,250
Interest Rate
3.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 1999
Sold by
Shirley A Camill Tr
Bought by
Camill Shirley A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martinez Stephanie | $250,000 | -- | |
| Bubb A & Rocky Enterprises Llc | -- | None Available | |
| Camill Shirley A | -- | Sterling Title Agency | |
| Brown Ryan | $223,000 | Sterling Title Agency | |
| Camill Shirley A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martinez Omar | $175,000 | |
| Previous Owner | Brown Ryan | $167,250 | |
| Previous Owner | Camill Shirley A | $91,341 | |
| Previous Owner | Camill Shirley A | $119,094 | |
| Closed | Camill Shirley A | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/22/2022 12/22/22 | Sold | $250,000 | -23.1% | $178 / Sq Ft |
| 12/01/2022 12/01/22 | Pending | -- | -- | -- |
| 10/10/2022 10/10/22 | For Sale | $325,000 | 0.0% | $231 / Sq Ft |
| 06/01/2022 06/01/22 | Rented | $795 | 0.0% | -- |
| 05/27/2022 05/27/22 | Under Contract | -- | -- | -- |
| 05/17/2022 05/17/22 | For Rent | $795 | 0.0% | -- |
| 09/18/2017 09/18/17 | Sold | $223,000 | 0.0% | $159 / Sq Ft |
| 08/08/2017 08/08/17 | Off Market | $223,000 | -- | -- |
| 05/24/2017 05/24/17 | Pending | -- | -- | -- |
| 05/09/2017 05/09/17 | For Sale | $224,900 | -- | $160 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $4,269 | $140,280 | $0 | $0 |
| 2023 | $4,045 | $112,350 | $0 | $0 |
| 2022 | $5,394 | $100,590 | $0 | $0 |
| 2021 | $5,131 | $99,640 | $0 | $0 |
| 2020 | $3,324 | $93,200 | $0 | $0 |
| 2019 | $4,979 | $90,420 | $0 | $0 |
| 2018 | $4,915 | $61,990 | $0 | $0 |
| 2017 | $2,695 | $61,990 | $0 | $0 |
| 2016 | $2,683 | $53,260 | $0 | $0 |
| 2015 | -- | $51,350 | $0 | $0 |
| 2014 | -- | $45,000 | $0 | $0 |
| 2011 | -- | $45,480 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bernard Shamow
-
Kathleen Cracraft
K
Seller's Agent in 2022
Kathleen Cracraft
North Bloomfield Properties
(248) 986-7731
1 Total Sale
-
Joe Hammel
Buyer's Agent in 2022
Joe Hammel
Keller Williams Somerset
(330) 844-5209
5 in this area
1,020 Total Sales
-
Tim Redman
T
Buyer's Agent in 2022
Tim Redman
North Bloomfield Properties
(248) 366-8484
22 Total Sales
-
Karen Helland
Seller's Agent in 2017
Karen Helland
KW Showcase Realty
(248) 330-5904
8 in this area
173 Total Sales
Map
Source: Realcomp
MLS Number: 20221050381
APN: 12-35-201-036
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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