NOT LISTED FOR SALE

8430 N Conway Rd Alanson, MI 49706

Estimated Value: $437,774 - $633,000

8 Beds
4 Baths
3,360 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 17, 2015

Last sale price $185,000 $55 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $3,035/month

5 Days on Market

Highlights

  • Deck
  • Laundry Room
  • Ceiling Fan
  • Thermal Windows

About This Home

As of June 2015

Investment property located just north of Petoskey. This 4-plex includes a 2 bedroom, 1 bath house, a duplex-one with 2 bedrooms and 2 baths; one with 2 bedrooms and 1 bath, and a small one bedroom, 1 bath cabin plus a storage building and onsite laundry. The following are new: appliances, electrical panels, meters, waterlines, well pump, pressure tank, tile work, windows, some new metal roofs.... See listing agent for full list of upgrades. Natural gas to be run to all buildings in June 2015.

Last Agent to Sell the Property

Kevin Olson

Graham Real Estate Listed on: 05/13/2015

Last Buyer's Agent

Deborah Graham

Berkshire Hathaway HomeServices Michigan Real Estate - Petoskey

Berkshire Hathaway HomeServices Michigan Real Estate - Petoskey

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1.61

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof

Interior Spaces

  • 3,360 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Insulated Windows

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Propane
  • Well

Listing and Financial Details

  • Assessor Parcel Number 08-16-13-100-015

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multifamily
  • Type 2: Four-Plex
  • Measurement Source: Agent
  • Section: 13
  • Mult Un Res Condo: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Features: Built In Microwave, Ceiling Fans, Deck, Dishwasher, Dryer, Range, Refrigerator, Washer
  • Basement: Slab
  • Total Sq Ft: 3360
  • Above Grade Finished Sq Ft: 3360
  • Windows: Thermo, Insulated
  • Laundry Room: Y

Exterior Features

  • Construction: Wood Frame
  • Roof: Asphalt Shingles, Metal
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: LP Gas
  • Water: Well
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Heaters: 4

Lot Info

  • Lot: Y
  • Zoning: Multi

Tax Info

  • Assessor Parcel Number: 08-16-13-100-015

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2015
Closed on
Jun 17, 2015
Sold by
Pine Haven Properties Llc
Bought by
B & S Rentals Llc
Seller's Agent
Kevin Olson
Graham Real Estate
Buyer's Agent
Deborah Graham
Berkshire Hathaway HomeServices Michigan Real Estate - Petoskey
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$504,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,694
Avg. Annual Appreciation
10.01%
Original Mortgage
$139,313
Outstanding Balance
$108,171
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$396,523

Purchase Details

Closed on
Jun 9, 2011
Sold by
Luepnitz Enterprises Llc
Bought by
Pine Haven Properties Llc

Purchase Details

Closed on
Jan 22, 2004
Sold by
Woods Hubbard Lawrence Estate C and Woods O
Bought by
Luepnitz Enterprises Llc

Purchase Details

Closed on
Dec 27, 2000
Bought by
Hubbard Lawrence

Purchase Details

Closed on
Apr 1, 1991
Bought by
Hubbard

Purchase Details

Closed on
Jun 1, 1987
Sold by
Croff 20000 Dn 9% Int
Bought by
Fite +5000P Rps
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
B & S Rentals Llc -- None Available
Pine Haven Properties Llc -- --
Luepnitz Enterprises Llc $155,000 --
Hubbard Lawrence -- --
Hubbard $135,000 --
Fite +5000P Rps $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B & S Rentals Llc $139,313
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2015 06/17/15 Sold $185,000 -7.5% $55 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $199,900 -- $59 / Sq Ft
Source: Northern Michigan MLS

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
2025 $4,592 $203,200 $203,200 $0
2024 $4,592 $188,600 $188,600 $0
2023 $4,138 $146,600 $146,600 $0
2022 $4,138 $130,900 $130,900 $0
2021 $4,017 $109,200 $109,200 $0
2020 $3,936 $115,300 $115,300 $0
2019 $3,701 $106,200 $106,200 $0
2018 $3,704 $91,800 $91,800 $0
2017 -- $92,800 $92,800 $0
2016 -- $96,200 $96,200 $0
2015 -- $95,000 $0 $0
2014 -- $82,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Olson

    Seller's Agent in 2015

    Kevin Olson

    Graham Real Estate

    (231) 881-7303

    64 in this area

    102 Total Sales

    Kevin Olson
    Section Image

  • D

    Buyer's Agent in 2015

    Deborah Graham

    Berkshire Hathaway HomeServices Michigan Real Estate - Petoskey

    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 444451

Northern Michigan MLS

APN: 08-16-13-100-015

Michigan Emmet County Alanson 49706

8430 N Conway Rd, Alanson, MI

Not Listed for Sale

MultiFamily

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