NOT LISTED FOR SALE

9236 Main St Whitmore Lake, MI 48189

Estimated Value: $363,979

7 Beds
4 Baths
4,200 Sq Ft
$87/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $199,000 $47 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,139/month

22 Days on Market

Highlights

  • Covered patio or porch
  • Water Softener is Owned
  • Baseboard Heating
  • Balcony
  • Ceiling Fan
  • 6 Car Garage

About This Home

As of March 2015

Great income and investment opportunity only 10 minutes from Ann Arbor & Brighton! Gorgeous apartments remodeled in 2010 with restored, period woodwork and flooring. Electrical system upgraded in 2014. Easy to rent, never vacant! Downstairs 2 bedroom apartment is currently owner occupied. Great ROI with projected monthly rents of $3,200! Not a driveby! Must see the inside to appreciate the full charm of this property. Motivated Seller! rent also includes heat

Last Listed By

Jon Niedermeier

White Hat Real Estate LLC License #6501230193 Listed on: 02/02/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920 | Remodeled in 2010

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 48x79x109x105x23
  • Private Entrance

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Rubber Roof
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 4,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior Basement Entry

Parking

  • 6 Car Garage
  • Assigned Parking

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 0205368004

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,734

Year Built

Built in 1920 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1920
  • Year Renovated: 2010
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Water Softener (owned)
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common, Interior Entry (Interior Access), Walk-Up Access
  • Sq Ft Combined: 4200
  • Total Sq Ft: 4200
  • Sq Ft Total Bsmt: 1500

Exterior Features

  • Roof Material: Rubber
  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Block, Brick/Mortar
  • Frontage Feet: 48
  • Porch Type: Balcony, Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage: Yes
  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 6

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Baseboard, Hot Water, Wall/Floor Furnace
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Schools

  • School District: Whitmore Lake

Lot Info

  • List Price per Acre: 1332666.6667
  • Lot Size Area: 0.15
  • Lot Dimensions: 48x79x109x105x23
  • Parcel Number: 0205368004
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Deposit Amount: 50000.00
  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 3200

Tax Info

  • Tax Amount Summer: 800.0000
  • Tax Amount Winter: 2934.0000
  • Total Tax: 3734.0000

Multi Family

  • Gross Scheduled Income: 38400.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 3
  • Number Of Units Leased: 4

MLS Schools

  • School District: Whitmore Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2020
Sold by
Finkbeiner Douglas M and Finkbeiner Amy C
Bought by
Plan B Management And Consulting Llc
Total Days on Market
22
Current Estimated Value
$363,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2020
Sold by
Plan B Management And Consulting Llc
Bought by
Finkbeiner Douglas M and Finkbeiner Amy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2015
Sold by
Finkbeiner Douglas M and Finkbeiner Amy C
Bought by
Plan B Management And Consulting Llc

Purchase Details

Listed on
Feb 2, 2015
Closed on
Mar 31, 2015
Sold by
Adkins Dwight
Bought by
Finkbeiner Douglas M and Finkbeiner Amy C
Seller's Agent
Jon Niedermeier
White Hat Real Estate LLC
Buyer's Agent
Don Von
RE/MAX Platinum
List Price
$215,000
Sold Price
$199,000
Premium/Discount to List
-$16,000
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$149,250
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2010
Sold by
Innovative Procession Solutions Llc
Bought by
Adkins Dwight

Purchase Details

Closed on
Aug 28, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Us Bank Na

Purchase Details

Closed on
Jun 12, 2008
Sold by
Petronella Vanbussel
Bought by
Mortgage Electronic Registration Systems

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
Plan B Management And Consulting Llc -- Liberty Title
Finkbeiner Douglas M -- Liberty Title
Plan B Management And Consulting Llc -- None Available
Finkbeiner Douglas M $199,000 None Available
Adkins Dwight $55,000 None Available
Us Bank Na -- E Title Agency
Mortgage Electronic Registration Systems $146,387 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Plan B Management And Consulting Llc $0
Previous Owner Finkbeiner Douglas M $149,250
Previous Owner Adkins Ii Dwight D $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $199,000 -7.4% $47 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $215,000 -- $51 / Sq Ft
Source: Realcomp

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 $1,228 $126,200 $0 $0
2023 $1,169 $122,800 $0 $0
2022 $6,333 $115,300 $0 $0
2021 $6,171 $111,800 $0 $0
2020 $6,105 $103,500 $0 $0
2019 $5,972 $99,800 $99,800 $0
2018 $6,006 $110,900 $0 $0
2017 $5,777 $104,500 $0 $0
2016 $1,038 $97,700 $0 $0
2015 -- $82,224 $0 $0
2014 -- $79,660 $0 $0
2013 -- $79,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215009691

Realcomp

APN: 02-05-368-004