$370,000
SOLD NOV 21, 2024

9429 Main St Whitmore Lake, MI 48189

4 Beds
4 Baths
2,948 Sq Ft
0.54 Acres

Recently Sold

$126 Per Sq Ft

18% Below List Price

33 Days on Market

Highlights

  • Colonial Architecture
  • Awning
  • 6 Car Garage
  • Porch
  • Forced Air Heating System

About This Home

As of February 2025

Great opportunity to own a Multi-Family property located in downtown Whitmore Lake! Built in 1850, this 2 story home was converted into a 5 unit income property with 2 - One Bedroom Units, 1 - Two Bedroom Units and a large studio/efficiency unit. Across the street, property has 10' deeded access to lake (separate tax ID#). For extra income there is a traditional 484 SF 2 car detached garage and a newer 1344 SF 4 car detached garage with 9' doors. Each unit has its own heat/gas and electric meter. Property is zoned WLD-D (Whitmore Lake Downtown Development). Property is vacant and needs to be completed. It is a conforming 5 unit multifamily. However with the zoning, the municipality would allow someone to have retail on the first floor and apartments upstairs.

Last Agent to Sell the Property

Nicholas Schultz

RE/MAX Classic License #6501389010 Listed on: 09/17/2024

RE/MAX Classic

Last Buyer's Agent

Nathan Oake

Griffith Realty License #6501409302

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1850

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 94.40 x 83.10

Parking

  • 6 Car Garage

Home Design

  • Colonial Architecture
  • Poured Concrete

Interior Spaces

  • 4 Full Bathrooms
  • 2,948 Sq Ft Home
  • 2-Story Property
  • Awning
  • Finished Basement

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number B00205328018

Community Details

Overview

  • 4 Units

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,643

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1850
  • State Equalized Value: 125400.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 4498
  • Sq Ft Lower Floor: 1550
  • Total Sq Ft: 2948
  • Sq Ft Total Bsmt: 1618

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Wood
  • Exterior Features: Awning/Overhang(s), Lighting
  • Foundation Materials: Poured
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 6

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Well (Existing)

Schools

  • School District: Whitmore Lake

Lot Info

  • Lot Size Area: 0.54
  • Lot Dimensions: 94.40 x 83.10
  • Parcel Number: B00205328018
  • Zoning: Commercial, Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Deposit Amount: 100000.00

Tax Info

  • Tax Amount Summer: 1304.0000
  • Tax Amount Winter: 6339.0000
  • Total Tax: 7643.0000
  • Taxable Value: 124740.0000

Multi Family

  • Number Of Units Total: 4
  • Number of Efficiency Units: 1
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Whitmore Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Feb 13, 2025
Sold by
Schultz Nicholas G
Bought by
9429 Mian St Llc
Seller's Agent
Nicholas Schultz
RE/MAX Classic
Buyer's Agent
Jonathan Zaia
EXP Z Real Estate
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Views
94
Current Estimated Value
$376,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,522
Avg. Annual Appreciation
5.06%

Purchase Details

Listed on
Sep 17, 2024
Closed on
Dec 11, 2024
Sold by
Taft Ryan
Bought by
Schultz Nicholas G
Seller's Agent
Nicholas Schultz
RE/MAX Classic
Buyer's Agent
Nathan Oake
Griffith Realty
List Price
$450,000
Sold Price
$370,000
Premium/Discount to List
-$80,000
-17.78%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.67%

Purchase Details

Listed on
Sep 17, 2024
Closed on
Nov 21, 2024
Sold by
Schultz Nicholas G
Bought by
Taft Ryan
Seller's Agent
Nicholas Schultz
RE/MAX Classic
Buyer's Agent
Nathan Oake
Griffith Realty
List Price
$450,000
Sold Price
$370,000
Premium/Discount to List
-$80,000
-17.78%
Views
47

Purchase Details

Listed on
Jun 16, 2020
Closed on
Nov 9, 2020
Sold by
Chudnow Properties Investment Llc
Bought by
Schultz Nicholas G
Seller's Agent
Michael Watcke
Bradbury Development Co.
Buyer's Agent
Nicholas Schultz
RE/MAX Classic
List Price
$499,111
Sold Price
$290,000
Premium/Discount to List
-$209,111
-41.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%

Purchase Details

Listed on
Mar 13, 2018
Closed on
May 22, 2018
Sold by
Zimmer Theodore J and Zimmer Keith W
Bought by
Chudnow Properties Investments Llc
Seller's Agent
Russ Hagy
Berkshire Hathaway HomeSvcs.
Buyer's Agent
No Member
Non Member Sales
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.88%

Purchase Details

Closed on
Nov 8, 2017
Sold by
Ziimer Theodore J and Ziimmer Julieann M
Bought by
Zimmer Theodore J and Zimmer Keith W

Purchase Details

Closed on
Sep 11, 2006
Sold by
Zimmer Theodore J and Zimmer Julieann W
Bought by
Mcguire Brad W and Lewandowski Eric W

Purchase Details

Closed on
Nov 18, 1998
Sold by
Guise Richard
Bought by
Zimmer Theodore J and Zimmer Julieann W
Source: Public Records

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 Type Sale Price Title Company
Contract Of Sale -- None Listed On Document
Contract Of Sale -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Contract Of Sale -- None Listed On Document
Warranty Deed $290,000 None Listed On Document
Warranty Deed $375,000 Liberty Title
Warranty Deed -- Liberty Title
Warranty Deed $4,080 None Available
Warranty Deed $95,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 Sold $350,000 -6.7% $119 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $375,000 +1.4% $127 / Sq Ft
11/21/2024 11/21/24 Sold $370,000 -9.5% $126 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
09/24/2024 09/24/24 Price Changed $409,000 -9.1% $139 / Sq Ft
09/17/2024 09/17/24 For Sale $450,000 +55.2% $153 / Sq Ft
11/09/2020 11/09/20 Sold $290,000 -3.3% $98 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/22/2020 08/22/20 Price Changed $300,000 -20.4% $102 / Sq Ft
08/06/2020 08/06/20 Price Changed $377,000 -11.1% $128 / Sq Ft
07/16/2020 07/16/20 Price Changed $424,244 -15.0% $144 / Sq Ft
06/16/2020 06/16/20 For Sale $499,111 +33.1% $169 / Sq Ft
05/23/2018 05/23/18 Sold $375,000 -6.0% $122 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $399,000 -- $129 / 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
2025 $2,218 $135,800 $0 $0
2024 $1,365 $130,600 $0 $0
2023 $1,304 $125,400 $0 $0
2022 $7,063 $118,800 $0 $0
2021 $6,332 $115,900 $0 $0
2020 $6,264 $106,700 $0 $0
2019 $6,127 $102,400 $102,400 $0
2018 $4,563 $99,500 $0 $0
2017 $4,389 $94,100 $0 $0
2016 $789 $74,227 $0 $0
2015 -- $74,005 $0 $0
2014 -- $71,700 $0 $0
2013 -- $71,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240068040

Realcomp

APN: 02-05-328-018