NOT LISTED FOR SALE

8473 Luce St Unit A, B, C, D Alanson, MI 49706

Estimated Value: $155,000 - $308,435

-- Bed
-- Bath
1,168 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $200,000 $171 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,764/month

About This Home

As of July 2019

Great investment opportunity to own a four unit apartment building located between Petoskey and Alanson.

Last Agent to Sell the Property

Tom Mooradian

Berkshire Hathaway HomeServices Michigan Real Estate - HS Listed on: 07/23/2019

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Last Buyer's Agent

Tom Mooradian

Berkshire Hathaway HomeServices Michigan Real Estate - HS Listed on: 07/23/2019

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,994

Lot Details

  • 2.5 Acre Lot

Home Design

  • 1,168 Sq Ft Home
  • Quadruplex
  • Wood Frame Construction

Community Details

  • 4 Units
  • 5 Separate Electric Meters

Listing and Financial Details

  • Assessor Parcel Number 07-17-17-100-030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,994

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multifamily
  • Type 2: Apartments, Four-Plex
  • Lvt Date: 07/26/2019
  • Section: 17
  • Second Address Number: 8473
  • Directions: North on US 31 to Oden, then turn left on Luce St. Continue just passed Moore Rd. and the complex will be on the right corner.
  • Price per Sq Ft: 171.23
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1168
  • Above Grade Finished Sq Ft: 1168

Exterior Features

  • Construction: Wood Frame
  • Waterfront Water Access: Neither

Utilities

  • Number Electric Meters: 5

Schools

  • School District: Littlefield
  • School District: Littlefield

Lot Info

  • Estimated Number of Acres: 2.5
  • Lot: Y
  • Zoning: FF-1

Tax Info

  • Assessor Parcel Number: 07-17-17-100-030

Multi Family

  • Number Of Units: 4

Range of Values:

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ICE

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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

Mortgage History

Date Status Borrower Loan Amount
Closed B & S Rental Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $200,000 -11.1% $171 / Sq Ft
07/23/2019 07/23/19 For Sale $225,000 -- $193 / 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 $1,994 $67,000 $5,200 $61,800
2024 $1,994 $55,200 $5,200 $50,000
2023 $1,801 $49,400 $3,700 $45,700
2022 $1,801 $44,500 $3,400 $41,100
2021 $1,734 $42,300 $3,300 $39,000
2020 $1,704 $40,100 $40,100 $0
2019 -- $39,700 $39,700 $0
2018 -- $36,000 $36,000 $0
2017 -- $36,400 $36,400 $0
2016 -- $36,500 $36,500 $0
2015 -- $36,000 $0 $0
2014 -- $33,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 459605

Northern Michigan MLS

APN: 07-17-17-100-030