NOT LISTED FOR SALE

Estimated Value: $361,452 - $383,000

-- Bed
-- Bath
-- Sq Ft
4,225 Sq Ft Lot

Last Sold July 31, 2024

Last sale price $350,000

Est. 6% increase in value since last sale

Current estimated payment $2,225/month

14 Days on Market

Highlights

  • 1 Fireplace
  • 5 Car Garage
  • 5-minute walk to Cherry Park
  • Forced Air Heating System
  • Wood Siding

About This Home

As of July 2024

Opportunity sits here at 857 Fairmount with this 2 unit property in Fairmount Square. This prime location offers walking distance to some of the hottest spots in the Cherry business district, the Wealthy business district, Eastown, and much more. This up/down duplex offers tall ceilings, and large rooms with the main floor being a 2 bed, 1 bath unit with large living area, and the upper unit offers 3 bedrooms and 1 bath, and has potential to add more finished square footage in the massive attic. There is great off street parking and also includes a 2 stall garage. Whether strictly an investment, or live in one and rent out the other, this is a must see.

Last Agent to Sell the Property

Christian Huyge

Polaris Real Estate LLC License #6501379474 Listed on: 06/26/2024

Last Buyer's Agent

Stacey Tilley

The Local Element License #6501421957

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,127

Year Built

  • Built in 1880

Lot Details

  • 4,225 Sq Ft Lot
  • Lot Dimensions are 37 x 105

Parking

  • 5 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Michigan Basement
  • Laundry in Basement

Utilities

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

Community Details

  • 37 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,127

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1880
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 37 x 105
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3127.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 37
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Laundry Features In Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 350000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Heating: Forced Air
  • Laundry Features: In Basement, See Remarks
  • Sewer: Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 37 x 105
  • Lot Size Sq Ft: 4225.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 37

Tax Info

  • Tax Annual Amount: 3127.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2025
Sold by
Familia Diana and Familia Ruben
Bought by
Farod Llc
Current Estimated Value
$370,113

Purchase Details

Listed on
Jun 26, 2024
Closed on
Jul 31, 2024
Sold by
Bajema Philip H and Bajema Edith L
Bought by
Familia Diana and Familia-Guerrero Ruben
Seller's Agent
Christian Huyge
Polaris Real Estate LLC
Buyer's Agent
Stacey Tilley
The Local Element
List Price
$350,000
Sold Price
$350,000
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$162,995
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2019
Sold by
Bajema Philip and Bajema Edith
Bought by
Bajema Philip H and Bajema Edith L

Purchase Details

Closed on
Jul 28, 2005
Sold by
Robinson Leonard and Robinson Pamela
Bought by
Bajema Philip and Bajema Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,488
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 30, 1997
Bought by
Bajema Robinson L and Bajema Philip Edith

Purchase Details

Closed on
Nov 24, 1993
Sold by
Marler Marler A A and Marler Deisting H
Bought by
Bajema Philip Edith

Purchase Details

Closed on
May 31, 1990
Sold by
Marler Marler A A and Marler A
Bought by
Bajema Philip Edith
Source: Public Records

Range of Values:

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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
Farod Llc -- None Listed On Document
Familia Diana $350,000 Sun Title
Bajema Philip H -- None Available
Bajema Philip $118,320 --
Bajema Robinson L $48,000 --
Bajema Philip Edith $25,500 --
Bajema Philip Edith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Familia Diana $162,995
Previous Owner Bajema Philip $106,488
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $350,000 0.0% --
07/10/2024 07/10/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $350,000 -- --
Source: Southwestern Michigan Association of REALTORS®

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 $3,148 $175,700 $0 $0
2024 $3,148 $156,800 $0 $0
2023 $3,009 $135,300 $0 $0
2022 $2,968 $122,900 $0 $0
2021 $2,892 $115,900 $0 $0
2020 $2,795 $109,800 $0 $0
2019 $2,862 $96,900 $0 $0
2018 $2,774 $88,100 $0 $0
2017 $2,706 $65,600 $0 $0
2016 $2,719 $60,300 $0 $0
2015 $2,591 $60,300 $0 $0
2013 -- $49,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24032707

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-353-025