NOT LISTED FOR SALE

912 N State Rd Davison, MI 48423

Davison Area

Estimated Value: $591,524

Studio
1 Bath
500 Sq Ft
$1,183/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2025

Last sale price $850,000 $1,700 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $3,500 / mo

12 Days on Market

Highlights

  • 0.79 Acre Lot
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of May 2025

11 Unit, well maintained, multi-family building. Large, shared parking lot with tidy common way hallway. Low rents currently with opportunity for value add and increased cap rate! Currently receiving over $87,000/ year in rents! PLEASE EMAIL TEAMGOTCHER@GMAIL.COM WITH ALL QUESTIONS/ OFFERS.

Last Agent to Sell the Property

Larry Gotcher

Resource Realty Group License #6502431234 Listed on: 04/16/2025

Last Buyer's Agent

Andrea Stephan

The Stephan Group License #6502432679

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,918

Year Built

  • Built in 1970

Lot Details

  • 34,412 Sq Ft Lot
  • Lot Dimensions are 172.00x200.00

Parking

  • 20 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Additional Features

  • Basement

Community Details

  • 11 Units
  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,918

Year Built

Built in 1970

Lot Details

0.79 Acres

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1970
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 172.00X200.00
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 11
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Substructure:Slab: Yes
  • Laundry Features Common Area: Yes
  • Utilities Attached Electricity Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 2917.57
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 800000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 20.0
  • General Property Info:Total Parking Spaces: 20.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.79
  • Lot Size Area: 0.79
  • Lot Dimensions: 172.00X200.00
  • Lot Size Sq Ft: 34412.0

Rental Info

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

Multi Family

  • Number of Units Total: 11

Tax Info

  • Tax Annual Amount: 2917.57
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
May 27, 2025
Sold by
Bought by
Seller's Agent
Larry Gotcher
Resource Realty Group
Buyer's Agent
Andrea Stephan
The Stephan Group
List Price
$800,000
Sold Price
$850,000
Premium/Discount to List
$50,000
6.25%
Views
79
Current Estimated Value
$591,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$258,476
Avg. Annual Appreciation
-26.07%

Purchase Details

Listed on
May 17, 2019
Closed on
Jan 24, 2020
Sold by
Bought by
Seller's Agent
Edward Constable
Tremaine Real Estate
Buyer's Agent
Angie Ridley
Complete Realty, LLC
List Price
$490,000
Sold Price
$384,900
Premium/Discount to List
-$105,100
-21.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.96%

Purchase Details

Closed on
Apr 4, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.21%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 13, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 20, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Davison, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Liberty Title
$384,900 Liberty Title
-- None Available
$275,000 First American Title Ins Co
$200,000 None Available
-- None Available
-- Cislo Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $220,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2025 05/29/25 Sold $850,000 +6.3% $1,700 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $800,000 +107.8% $1,600 / Sq Ft
01/24/2020 01/24/20 Sold $384,900 +77657.6% $167 / Sq Ft View Prior Sale
01/14/2020 01/14/20 Pending -- -- --
10/21/2019 10/21/19 Rented $495 -10.0% --
10/18/2019 10/18/19 Under Contract -- -- --
09/30/2019 09/30/19 Rented $550 +11.1% --
09/23/2019 09/23/19 For Rent $495 -10.0% --
09/20/2019 09/20/19 Under Contract -- -- --
08/20/2019 08/20/19 For Rent $550 0.0% --
07/17/2019 07/17/19 Price Changed $400,000 -18.4% $174 / Sq Ft
05/17/2019 05/17/19 For Sale $490,000 0.0% $213 / Sq Ft
10/01/2018 10/01/18 Rented $500 -4.8% --
07/02/2018 07/02/18 Under Contract -- -- --
06/18/2018 06/18/18 For Rent $525 +5.0% --
02/26/2018 02/26/18 Rented $500 0.0% --
02/14/2018 02/14/18 Under Contract -- -- --
01/08/2018 01/08/18 For Rent $500 +1.0% --
12/15/2017 12/15/17 Rented $495 0.0% --
12/11/2017 12/11/17 Under Contract -- -- --
11/07/2017 11/07/17 For Rent $495 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,992 $115,100 $0 $0
2024 $2,918 $115,100 $0 $0
2023 $2,781 $115,100 $0 $0
2022 $6,132 $115,100 $0 $0
2021 $5,813 $89,900 $0 $0
2020 $2,444 $89,900 $0 $0
2019 $4,880 $89,900 $0 $0
2018 $5,500 $89,900 $0 $0
2017 $5,233 $89,900 $0 $0
2016 $5,187 $88,400 $0 $0
2015 $5,190 $84,100 $0 $0
2012 -- $84,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 25015642

MichRIC

APN: 52-03-300-014

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