NOT LISTED FOR SALE

Estimated Value: $239,000 - $254,973

Studio
-- Bath
-- Sq Ft
6,621 Sq Ft Lot

Sale Details

Date Sold: February 3, 2023

Last sale price $196,000

Est. 27% increase in value since last sale

Current estimated payment $1,765 / mo

16 Days on Market

About This Home

As of February 2023

Investment opportunity with this 2 unit! Both units are similar in square footage, 2 bedrooms and one bathroom. Upper unit is currently vacant but rental market of $1,200 and lower unit is renting for $700 far below the market value of $1,200. Contact me today to schedule a showing!

Last Agent to Sell the Property

Jason Johnston

Compass Realty Services License #6502408828 Listed on: 12/21/2022

Compass Realty Services

Last Buyer's Agent

Neil DeMeester

Bellabay Realty (North) License #6502406029

Bellabay Realty (North)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,692

Year Built

  • Built in 1915

Lot Details

  • 6,621

Parking

  • 4 Parking Spaces

Home Design

  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Individual Gas Meter

Additional Features

  • Michigan Basement
  • 6,621 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,692

Year Built

Built in 1915

Lot Details

6,621 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1915
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50 by 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Water: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 1692.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 214999.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 50 by 132
  • Lot Size Sq Ft: 6621.0
  • Zoning Description: Residential

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1692.12
  • Tax Year: 2022

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

Listed on
Dec 21, 2022
Closed on
Feb 7, 2023
Sold by
Bought by
Seller's Agent
Jason Johnston
Compass Realty Services
Buyer's Agent
Neil DeMeester
Bellabay Realty (North)
List Price
$214,999
Sold Price
$196,000
Premium/Discount to List
-$18,999
-8.84%
Views
32
Current Estimated Value
$248,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,993
Avg. Annual Appreciation
7.14%
Original Mortgage
$147,000
Interest Rate
0.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 21, 2022
Closed on
Jan 27, 2023
Sold by
Bought by
Seller's Agent
Jason Johnston
Compass Realty Services
Buyer's Agent
Neil DeMeester
Bellabay Realty (North)
List Price
$214,999
Sold Price
$196,000
Premium/Discount to List
-$18,999
-8.84%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
0.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 10, 1999
Sold by
Bought by

Purchase Details

Closed on
May 1, 1996
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 1989
Bought by

Purchase Details

Closed on
Sep 24, 1985
Bought by
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

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
$196,000 --
-- --
-- None Available
-- --
-- --
$25,000 --
$25,300 --
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 $147,000
Previous Owner $88,200
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
02/03/2023 02/03/23 Sold $196,000 -8.8% --
01/06/2023 01/06/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $214,999 -- --
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 $4,901 $104,400 $0 $0
2024 $48 $95,700 $0 $0
2023 $1,716 $85,200 $0 $0
2022 $1,692 $71,000 $0 $0
2021 $1,649 $64,300 $0 $0
2020 $1,594 $55,200 $0 $0
2019 $1,632 $46,800 $0 $0
2018 $1,582 $38,600 $0 $0
2017 $1,543 $32,400 $0 $0
2016 $1,551 $28,900 $0 $0
2015 $1,477 $28,900 $0 $0
2013 -- $30,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22051184

MichRIC

APN: 41-14-32-301-009

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