NOT LISTED FOR SALE

9264 E 18 Rd Manton, MI 49663

Estimated Value: $278,000 - $355,000

5 Beds
4 Baths
2,720 Sq Ft
$120/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $169,900 $62 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,830/month

15 Days on Market

Highlights

  • Countryside Views
  • Mud Room
  • Attached Garage
  • Ranch Style House
  • Covered patio or porch
  • In-Law or Guest Suite

About This Home

As of April 2019

Multi-Family Tri-Plex on 8.31 country acres just 9 miles north of Cadillac in the city of Manton. There are currently three separate apartments, each with their own garage. Units B and C are both 2 bedroom, 1.5 bathroom with approximately 1,150 sq feet in each unit. The first story has kitchen, dining and living rooms are all open to one another. There is a 1/2 bath on the first floor. The second story has 2 bedrooms, full bath, washer and dryer and rear exits from that second story. Unit A is a single story with approximately 416 sq ft with 1 bedroom and 1 bath. All units have covered porches for sitting out and enjoying the nice country scenery. Good, long-standing rental history. Easy commute to Cadillac or Traverse City. Come check out this unique investment property with excellent income potential! Priced well below appraised value!

Last Agent to Sell the Property

Sue Whipple

City2Shore Real Estate Northern Michigan License #6501416177 Listed on: 02/24/2019

Last Buyer's Agent

Jaimie Fellows-Garno

City2Shore Real Estate Northern Michigan License #6501325941

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,121

Year Built

  • Built in 1998

Lot Details

  • 8.31 Acre Lot
  • Lot Dimensions are 488x690
  • The community has rules related to zoning restrictions

Parking

  • Attached Garage

Property Views

  • Countryside Views
  • Seasonal Views

Home Design

  • Triplex
  • Ranch Style House
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • In-Law or Guest Suite
  • 2,720 Sq Ft Home
  • Mud Room
  • Walk-Out Basement
  • Oven or Range

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Propane
  • Well
  • Satellite Dish

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,121

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Triplex
  • Style: In-Law Suite/Apt, Ranch
  • Estimated Year Built: 1998
  • Construction: Frame
  • Section Number: 15
  • Univs Design Barrier Free: Covered Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1998

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer
  • Interior Amenities: Mud Room, Drywall
  • Price Per Sq Ft: 62.46
  • Range: R 9W
  • Total Finished Sf Apx: 2720

Exterior Features

  • Exterior Features: Countryside View, Seasonal View, Covered Porch
  • Exterior Finish: Vinyl Siding
  • Foundation: Walkout, Slab
  • Number Of Acres: 8.31
  • Road: Public Maintained
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: Garage For Each Unit, Attached

Utilities

  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable Internet, Dish Tv
  • Water: Private Well
  • Heating Cooling Type: Hot Water, Wall

Schools

  • School District: Manton Consolidated Schools

Lot Info

  • Lot Dimensions: 488x690
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 656.92
  • Winter Taxes: 912.73
  • Year Summer: 2017
  • Year Winter: 2017

Multi Family

  • Total Number Units: 3

MLS Schools

  • School District: Manton Consolidated Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2019
Closed on
Apr 15, 2019
Sold by
Ommen Justin A
Bought by
Birgy Kaylie M
Seller's Agent
Sue Whipple
City2Shore Real Estate Northern Michigan
Buyer's Agent
Jaimie Fellows-Garno
City2Shore Real Estate Northern Michigan
List Price
$169,000
Sold Price
$169,900
Premium/Discount to List
$900
0.53%
Total Days on Market
15
Current Estimated Value
$327,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,308
Avg. Annual Appreciation
10.22%
Original Mortgage
$166,822
Outstanding Balance
$151,655
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$156,921

Purchase Details

Listed on
Feb 24, 2019
Closed on
Apr 13, 2019
Sold by
Ommen Justin A
Bought by
Birgy Kaylie M
Seller's Agent
Sue Whipple
City2Shore Real Estate Northern Michigan
Buyer's Agent
Jaimie Fellows-Garno
City2Shore Real Estate Northern Michigan
List Price
$169,000
Sold Price
$169,900
Premium/Discount to List
$900
0.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,822
Outstanding Balance
$151,655
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$156,921

Purchase Details

Listed on
Jun 5, 2016
Closed on
Apr 24, 2017
Sold by
Raymer Darrell Richard and Raymer Darrell Richard
Bought by
Ommen Justin A
Seller's Agent
Sara Hoffman
Five Star Real Estate - Mitchell St Cadillac
List Price
$164,900
Sold Price
$140,000
Premium/Discount to List
-$24,900
-15.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Birgy Kaylie M $169,900 Lakeside Title
Birgy Kaylie M $169,900 --
Ommen Justin A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Birgy Kaylie M $166,822
Previous Owner Ommen Justin A $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2019 04/15/19 Sold $169,900 +0.5% $62 / Sq Ft
02/24/2019 02/24/19 For Sale $169,000 +20.7% $62 / Sq Ft
04/24/2017 04/24/17 Sold $140,000 -15.1% $51 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
06/05/2016 06/05/16 For Sale $164,900 -- $61 / 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 $1,121 $123,900 $0 $0
2023 $2,325 $118,000 $0 $0
2022 $2,325 $102,100 $0 $0
2021 $2,333 $93,300 $0 $0
2020 $2,394 $76,400 $0 $0
2019 $2,160 $74,100 $0 $0
2018 -- $67,300 $0 $0
2017 -- $69,100 $0 $0
2016 -- $66,700 $0 $0
2015 -- $64,400 $0 $0
2013 -- $54,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1857406

Northern Great Lakes REALTORS® MLS

APN: 2309-15-2102