NOT LISTED FOR SALE

8485 Secor Rd Lambertville, MI 48144

Estimated Value: $154,281 - $174,000

3 Beds
2 Baths
1,072 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $140,000 $131 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $985/month

4 Days on Market

Highlights

  • 1 Acre Lot
  • Shed
  • 1-Story Property
  • Living Room

About This Home

As of December 2021

Two homes on 1 acre of property. 8485 Secor has 2 bedrooms, Living room, Kitchen, Dining room and full bath; new furance in 2020, new well in 2016, updated electrical, new hotwater heater and updated bathroom in 2016. 8487 Secor has 1 bedroom, Lining room, Kitchen and full bath; updated bathroom 2018, new baseboard heaters 2017, updated electrical 2016. Both units have beed recently painted, very clean and move-in ready at closing. 8485 Secor rents for $850 a month and 8487 Secor rents for $550 month, with tenants paying their own gas and electric utilities. Great investment or live in one home and rent the other out to pay the mortgage payments.

Last Agent to Sell the Property

Mike Sprott

Real Estate Solutions/MI, LLC - Temperance License #MCAR-6502139835 Listed on: 11/11/2021

Last Buyer's Agent

Sadie Vervoort

The Danberry Company - Temperance License #MCAR-6501424719

The Danberry Company - Temperance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 85 x 512

Parking

  • 3 Car Parking Spaces

Home Design

  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Shed
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 02-019-176-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,764

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Sub Structure Types: Shed
  • Year Built: 1930
  • Mail City: Lambertville
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Sub Room Description: First Floor Bedroom, Living Room
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1072

Exterior Features

  • Frontage: 85
  • Sideof Street: W
  • Foundation Type: Slab
  • Roads: Paved Street

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Private Well
  • Fuel Type: Natural Gas
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 02-019-176-00
  • Location: Main Street
  • Lot Dimensions: 85 x 512
  • Acreage: 1

Rental Info

  • Landlord Pays: Taxes, Water/Sewer

Tax Info

  • Summer Tax: Year: 2021, Amount: $441.12
  • Winter Tax: Year: 2020, Amount: $1,322.53
  • Total Tax: Year: 2020, Amount: $1,763.65

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Bedford Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 23, 2021
Sold by
Jeff Tross
Bought by
Coppens Kenneth J and Coppens Sarah
Seller's Agent
Mike Sprott
Real Estate Solutions/MI, LLC - Temperance
Buyer's Agent
Sadie Vervoort
The Danberry Company - Temperance
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Total Days on Market
4
Current Estimated Value
$166,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,570
Avg. Annual Appreciation
6.84%
Original Mortgage
$105,000
Outstanding Balance
$97,606
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$78,496

Purchase Details

Listed on
Oct 29, 2015
Closed on
May 16, 2016
Sold by
Zimmerman Carolyn M and Marjorie Steffens Trust
Bought by
Jgn Properties Llc
Seller's Agent
Robin Lehmann
Key Realty One LLC - Lambertville
Buyer's Agent
Erika Fowler
Real Estate 4U - Lambertville
List Price
$64,000
Sold Price
$45,000
Premium/Discount to List
-$19,000
-29.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.51%
Source: Public Records

Range of Values:

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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
Coppens Kenneth J $140,000 Lawyers Title
Jgn Properties Llc $45,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coppens Kenneth J $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $140,000 -6.7% $131 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $150,000 +233.3% $140 / Sq Ft
05/16/2016 05/16/16 Sold $45,000 -29.7% $66 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
03/09/2016 03/09/16 Price Changed $64,000 0.0% $94 / Sq Ft
03/09/2016 03/09/16 For Sale $64,000 -8.4% $94 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
12/08/2015 12/08/15 Price Changed $69,900 -6.7% $103 / Sq Ft
10/29/2015 10/29/15 For Sale $74,900 -- $110 / Sq Ft
Source: Michigan Multiple Listing Service

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
2024 $597 $64,500 $0 $0
2023 $568 $49,900 $0 $0
2022 $2,228 $49,900 $0 $0
2021 $1,813 $46,500 $0 $0
2020 $1,758 $40,900 $0 $0
2019 $1,736 $40,900 $0 $0
2018 $1,615 $38,000 $0 $0
2017 $1,567 $38,000 $0 $0
2016 $1,414 $38,300 $0 $0
2015 $1,394 $34,100 $0 $0
2014 $1,394 $34,100 $0 $0
2013 $1,396 $35,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50060526

Michigan Multiple Listing Service

APN: 02-019-176-00