NOT LISTED FOR SALE

8844 Sams Dr Unit 8852 Maybee, MI 48159

Estimated Value: $166,000 - $250,602

-- Bed
2 Baths
1,800 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 08, 2013

Last sale price $72,000 $40 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,241/month

2 Days on Market

About This Home

As of October 2013

Nice duplex with positive cash flow. Roof new in 2012. Furnaces new in 2011.Country setting with city services. Call today.

Last Agent to Sell the Property

Tom Paterson

NOW Realty of Michigan-Monroe License #MCAR-6504381925 Listed on: 07/30/2013

Last Buyer's Agent

Ted Vavrick

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501367709

Coldwell Banker Haynes R.E. in Monroe

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 1

Home Design

  • Duplex
  • Vinyl Siding

Schools

  • Raisinville Elementary School
  • Monroe High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Internet Available

Additional Features

  • Oven or Range
  • Dryer
  • 1 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 584620004100

Community Details

Overview

  • 2 Units
  • Maybee Village Plat Subdivision

Building Details

  • Net Operating Income $10,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Total Tax Amount: 2394
  • Year Built: 1988
  • Mail City: Maybee
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dryer, Range/Oven, Refrigerator
  • Estimated Sq Ft: 1800

Exterior Features

  • Construction: Vinyl Siding
  • Foundation Type: Crawl

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Schools

  • Elementary School: RAISINVILLE
  • High School: MONROE

Lot Info

  • Assessor Parcel Number: 584620004100
  • Lot Dimensions: 153x318 irreg.
  • Acreage: 1
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes, Water/Sewer
  • Lease Information: Lease Term 1-2 Years, Month-To-Month

Tax Info

  • Summer Tax: Amount: $802.00
  • Winter Tax: Amount: $1,592.00
  • Total Tax: Amount: $2,394.00

Multi Family

  • Total Units: 2

MLS Schools

  • Elementary School: RAISINVILLE
  • School District: Monroe Public Schools
  • HighSchool: MONROE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2017
Sold by
Monnie Holt
Bought by
Drew Thomas and Drew Kelsey
Current Estimated Value
$197,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,804
Outstanding Balance
$54,087
Interest Rate
3.88%
Estimated Equity
$138,146

Purchase Details

Listed on
Jul 30, 2013
Closed on
Oct 15, 2013
Sold by
Roy Lawrence F and Roy Brenda S
Bought by
Ellison Don K
Seller's Agent
Tom Paterson
NOW Realty of Michigan-Monroe
Buyer's Agent
Ted Vavrick
Coldwell Banker Haynes R.E. in Monroe
List Price
$72,000
Sold Price
$72,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%
Original Mortgage
$54,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Drew Thomas $566,000 --
Ellison Don K $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drew Thomas $64,804
Closed Drew Thomas --
Previous Owner Ellison Don K $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2013 10/08/13 Sold $72,000 0.0% $40 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $72,000 -- $40 / 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
2025 $1,974 $58,150 $0 $58,150
2024 $484 $64,550 $0 $0
2023 $461 $43,350 $0 $0
2022 $1,746 $43,350 $0 $0
2021 $1,964 $40,950 $0 $0
2020 $2,082 $38,800 $0 $0
2019 $1,847 $38,800 $0 $0
2018 $1,800 $39,600 $0 $0
2017 $1,900 $39,050 $0 $0
2016 $1,484 $39,050 $0 $0
2015 $1,670 $35,700 $0 $0
2014 $1,670 $35,700 $0 $0
2013 $1,291 $35,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 20365695

Michigan Multiple Listing Service

APN: 46-025-001-00