NOT LISTED FOR SALE

896 N Huron Rd Linwood, MI 48634

Estimated Value: $138,000 - $252,000

8 Beds
5 Baths
3,200 Sq Ft
$59/Sq Ft Est. Value

Last Sold September 06, 2022

Last sale price $123,500 $39 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,281/month

62 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating System
  • Wood Siding
  • 1-Story Property

About This Home

As of September 2022

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

Charlene Rupp

Bay Area Real Estate License #BCRA-6506021472 Listed on: 06/15/2022

Last Buyer's Agent

Charlene Rupp

Bay Area Real Estate License #BCRA-6506021472 Listed on: 06/15/2022

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7.85

Parking

  • Detached Garage

Home Design

  • Slab Foundation
  • Wood Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Septic Tank

Additional Features

  • 1-Story Property
  • 7.85 Acre Lot

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 040-027-200-150-01

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Originating MLS: Bay County REALTOR Association
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Total Tax Amount: 1554.5
  • Total Tax Year: 2021
  • Mail City: Linwood
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Bedrooms: 8
  • Full Bathrooms: 5
  • Total Bathrooms: 5

Exterior Features

  • Construction: Aluminum, Wood
  • Sideof Street: E
  • Foundation Type: Slab

Garage/Parking

  • Garage Type: Detached Garage

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Wall Heat, Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Septic

Lot Info

  • Assessor Parcel Number: 040-027-200-150-01
  • Lot Dimensions: Irreg
  • Acreage: 7.85
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $321.25
  • Winter Tax: Year: 2021, Amount: $1,233.25
  • Total Tax: Year: 2021, Amount: $1,554.50

Multi Family

  • Total Units: 5

MLS Schools

  • School District: Pinconning Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 31, 2022
Sold by
Gerald J Isetts J and Gerald Barbara J
Bought by
Rood Ralph R
Seller's Agent
Charlene Rupp
Bay Area Real Estate
Buyer's Agent
Charlene Rupp
Bay Area Real Estate
List Price
$117,500
Sold Price
$123,500
Premium/Discount to List
$6,000
5.11%
Current Estimated Value
$189,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,566
Avg. Annual Appreciation
13.77%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rood Ralph R -- --
Source: Public Records

Property History

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
Source: Bay County Realtor® Association 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
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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay County Realtor® Association MLS

MLS Number: 50078820

Bay County Realtor® Association MLS

APN: 09-040-027-200-150-01