Seller's Agent in 2022
Charlene Rupp
Bay Area Real Estate
(989) 233-3301
164 Total Sales
Estimated Value: $138,000 - $252,000
Unique and rare opportunity! 5 Individual rentals on 1 property. Each rental has its own storage shed. There are two 2 bedrooms,one 3 bedroom, two 1 bedroom rentals. Long term tenants, rents are low due to owner feeling they've been good long term tenants. Property was previously a trailer park with 50 sites, but now overgrown, future trailer parks or RV/campgrounds are not allowed. Located not far from Saginaw Bay. Wooded to rear of property. Tenants pay own gas & electric, owner pays water-which was $132 last quarter-not been higher than $200 per quarter, has septic. Square feet is a combination of units and only approximate. Lot size is irregular, survey on file. 3 BR Unit rents $450/month, $350 security deposit, been there approx 3 years. 2 BR small home $400/mo, $375 security deposit, been there since 2003. 2 BR trailer $400/mo, $300 security deposit, been there since 2003. 1 BR trailer rents for $450/month. 1 BR rents for $350/month. Rents are low and should be adjusted to market rates, but Seller has appreciated long term tenants. Seller pay $26.01/quarterly fee for sewer line on Huron Road, but has chosen not to connect. Would be required to connect if septic system were to fail in future, the assessment was paid in full in 2019. Per zoning official of Fraser Township, no new structures or trailers can be brought in and will need to be deed restriction, current rentals/trailer can be maintained, just no new ones allowed.
Last Agent to Sell the Property
Bay Area Real Estate License #BCRA-6506021472 Listed on: 06/15/2022
Last Buyer's Agent
Bay Area Real Estate License #BCRA-6506021472 Listed on: 06/15/2022
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rood Ralph R | -- | -- |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/06/2022 09/06/22 | Sold | $123,500 | +5.1% | $39 / Sq Ft |
| 08/16/2022 08/16/22 | Pending | -- | -- | -- |
| 06/15/2022 06/15/22 | For Sale | $117,500 | -- | $37 / Sq Ft |
| 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 | $3,450 | $73,200 | $0 | $0 |
| 2024 | $3,301 | $68,600 | $0 | $0 |
| 2023 | $707 | $59,800 | $0 | $0 |
| 2022 | $1,647 | $52,500 | $0 | $0 |
| 2021 | $1,555 | $52,900 | $52,900 | $0 |
| 2020 | $1,531 | $49,900 | $49,900 | $0 |
| 2019 | $1,696 | $45,200 | $0 | $0 |
| 2018 | $1,670 | $45,800 | $0 | $0 |
| 2017 | $1,651 | $42,500 | $0 | $0 |
| 2016 | $1,380 | $38,500 | $0 | $38,500 |
Seller's Agent in 2022
Charlene Rupp
Bay Area Real Estate
(989) 233-3301
164 Total Sales
Source: Bay County Realtor® Association MLS
MLS Number: 50078820
APN: 09-040-027-200-150-01