NOT LISTED FOR SALE

895 Farrar St Cadillac, MI 49601

Estimated Value: $113,000 - $152,000

-- Bed
-- Bath
2,896 Sq Ft
$47/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $70,000 $24 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $879/month

94 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Walk-In Closet

About This Home

As of June 2021

Great opportunity with this multi-family property. Currently 2 apartments have tenants with one unit being a 1 bedroom 1 bath and the other being a 2 bedroom 1 bath. The other area is currently being used as a schooling or religious services room as it is an open room of 840 sq ft and includes a half bath. Multiple zoning options as single/multiple family and commercial, buyer to verify with city for their intended use.

Last Agent to Sell the Property

Marianne Quist

REMAX Central License #6502124217 Listed on: 02/08/2021

REMAX Central

Co-Listed By

Daryl Quist

REMAX Central License #6506049052

Last Buyer's Agent

Sara Crawford

EXIT Realty Land and Lakes License #6502415009

EXIT Realty Land and Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,423

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x144
  • Fenced Yard

Home Design

  • Triplex
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • 2,896 Sq Ft Home
  • 1-Story Property
  • Oven or Range
  • Washer and Dryer Hookup

Basement

  • Michigan Basement
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes not for lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,423

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Triplex
  • Style: 1 Story
  • Estimated Year Built: 1900
  • Construction: Frame
  • Section Number: 33
  • Year Updated: 2003
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Walk-In Closets, Laundry Hook-Up, Drywall
  • Price Per Sq Ft: 24.17
  • Range: R 9W
  • Total Finished Sf Apx: 2896

Exterior Features

  • Exterior Features: Fenced Yard
  • Exterior Finish: Aluminum Siding, Vinyl Siding
  • Foundation: Michigan Basement, Crawl Space, Slab
  • Number Of Acres: 0.17
  • Road: Blacktop
  • Roof: Asphalt

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Unknown
  • Water: Municipal
  • Heating Cooling Type: Forced Air
  • Monthly Electricity Expense: 100
  • Monthly Heat Expense: 90

Schools

  • School District: Cadillac Area Public Schools

Lot Info

  • Lot Dimensions: 50x144

Rental Info

  • Included In Lease: Not For Lease

Multi Family

  • Total Number Units: 3

MLS Schools

  • School District: Cadillac Area Public Schools

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

Mortgage History

Date Status Borrower Loan Amount
Closed New Hope Apostolic Tabernacle $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $70,000 -12.4% $24 / Sq Ft
05/10/2021 05/10/21 Price Changed $79,900 -20.0% $28 / Sq Ft
02/08/2021 02/08/21 For Sale $99,900 -- $34 / Sq Ft
Source: Northern Great Lakes REALTORS® 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
2024 $1,423 $54,200 $0 $0
2023 $1,859 $45,100 $0 $0
2022 $1,859 $40,800 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 -- $0 $0 $0
2018 -- $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1883998

Northern Great Lakes REALTORS® MLS

APN: 10-061-00-152-00