NOT LISTED FOR SALE

832 Warner Ave Unit 832834 Mason, MI 48854

Estimated Value: $185,723 - $216,000

4 Beds
1 Bath
1,520 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $141,900 $93 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,534/month

7 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of September 2020

Great duplex in a family friendly subdivision, with 2 bedrooms, 1 bath , full basement with laundry facilities. Separate utilities for gas, electric,water/sewer. Come take a look,this maybe your year to building wealth with investment real estate.

Last Agent to Sell the Property

Rick Van Houten

Coldwell Banker Professionals -Okemos License #6506042534 Listed on: 07/30/2020

Coldwell Banker Professionals -Okemos

Last Buyer's Agent

Dominic Lee

RE/MAX Real Estate Professionals License #6506048106

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 8,712

Home Design

  • Ranch Style House
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage
  • Private Parking

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $16,080

Community Details

Overview

  • 2 Units
  • Walker Subdivision

Building Details

  • Insurance Expense $920
  • Maintenance Expense $2,783
  • New Taxes Expense $4,122
  • Net Operating Income $8,255

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Gross Rent: 16080.0
  • Net Income: 8255.0
  • Misc Business Info Parking Surface: concrete
  • Tax Year: 2019
  • Levels: One
  • Year Built: 1975
  • Lot Size Acres: 0.2
  • Lot Size: 105 x 88.67 avg.
  • Subdivision Name: Walker
  • Above Grade Finished Sq Ft: 1520.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 105 x 88.67 avg.
  • General Property Info:Above Grade Finished Area: 1520.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Tax Info:Taxes2: 4122.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 832 Warner Ave.
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Insurance4: 920.0
  • Annual Inc Expense:Tax Expense2: 4122.0
  • Annual Inc Expense:Maintenance3: 2783.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: No Garage, Private
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • Parking Features:Private6: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Mason

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 29, 2020
Sold by
Moger Lori J
Bought by
Derry John
Seller's Agent
Rick Van Houten
Coldwell Banker Professionals -Okemos
Buyer's Agent
Dominic Lee
RE/MAX Real Estate Professionals
List Price
$142,900
Sold Price
$141,900
Premium/Discount to List
-$1,000
-0.7%
Current Estimated Value
$200,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,781
Avg. Annual Appreciation
6.53%
Original Mortgage
$120,615
Outstanding Balance
$107,281
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$93,400

Purchase Details

Closed on
Oct 29, 2014
Sold by
Schroeder Randall L and Schroeder Linda M
Bought by
Moger Lori J

Purchase Details

Closed on
Mar 27, 2000
Sold by
Morse Robert H and Morse Judy Karen
Bought by
Schroeder Randall L and Schroeder Linda M

Purchase Details

Closed on
Jun 26, 1986
Sold by
Morse Judy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Derry John $141,900 Tri County Title Agency Inc
Moger Lori J $123,000 Transnation Title Agency
Schroeder Randall L $109,300 --
-- $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derry John $120,615
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2020 09/29/20 Sold $141,900 -0.7% $93 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $142,900 -- $94 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $5,752 $81,260 $35,450 $45,810
2024 $46 $80,520 $33,360 $47,160
2023 $4,774 $71,290 $27,110 $44,180
2022 $4,561 $67,050 $33,060 $33,990
2021 $4,446 $66,140 $33,060 $33,080
2020 $4,159 $66,690 $33,060 $33,630
2019 $4,044 $63,410 $28,930 $34,480
2018 $3,965 $59,900 $20,660 $39,240
2017 $3,648 $59,900 $20,660 $39,240
2016 -- $50,480 $12,400 $38,080
2015 -- $49,850 $24,794 $25,056
2014 -- $50,370 $33,059 $17,311
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 248278

Greater Lansing Association of Realtors®

APN: 19-10-08-329-016

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