NOT LISTED FOR SALE

9492 Beech St New Lothrop, MI 48460

Estimated Value: $191,000 - $235,000

4 Beds
3 Baths
2,800 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 24, 2019

Last sale price $150,000 $54 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,466/month

7 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Patio
  • Corner Lot
  • Porch
  • Ceiling Fan

About This Home

As of April 2019

Excellent opportunity on this beautiful 3 unit. All units and entire home have been updated within last 7 years. 2 units are 1 bedroom and 1 unit is a 2 bedroom. All occupied and solid renters. Home is in great condition and truly turn key. Great investment in the village of New Lothrop. All 3 units fully applianced. Units 1 & 3 have share of 2 car garage.

Last Agent to Sell the Property

Kris Stratman

Century 21 Signature Realty License #FAAR-123802 Listed on: 03/08/2019

Century 21 Signature Realty

Last Buyer's Agent

Matthew Brown

BHHS Heritage Real Estate License #RCO-6501365661

BHHS Heritage Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 55x160
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Basement
  • Sump Pump
  • Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Separate Meters
  • Internet Available

Community Details

  • 3 Units
  • Village Of New Lothrop Subdivision

Listing and Financial Details

  • Assessor Parcel Number 004-60-003-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,418

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2418
  • Mail City: New Lothrop
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Ceramic Floors, Hardwood Floors, Sump Pump, Window Treatment(s)
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator
  • Basement: Yes
  • Bedrooms: 4
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Estimated
  • Estimated Sq Ft: 2800

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Patio, Porch, Sidewalks
  • Frontage: 55
  • Foundation Type: Basement
  • Roads: Access, City/County

Garage/Parking

  • Garage Type: Basement, Detached Garage
  • Garage Spaces: 2

Utilities

  • Water: Public Water
  • Cooling System: Ceiling Fan(s)
  • Fuel Type: Natural Gas
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary, Public At Street

Condo/Co-op/Association

  • Community Amenities: Sidewalks

Lot Info

  • Assessor Parcel Number: 004-60-003-005
  • Location: Subdivision, Corner Lot
  • Lot Dimensions: 55x160
  • Acreage: 0.2
  • Lot Description: Platted, Sidewalks
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Pets Allowed

Tax Info

  • Summer Tax: Year: 2017, Amount: $772.00
  • Winter Tax: Year: 2017, Amount: $1,646.00
  • Total Tax: Amount: $2,418.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: New Lothrop Area Public School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
May 6, 2019
Sold by
Kendall Patricia and Kendall Patty Kendall
Bought by
Okeefe William
Seller's Agent
Kris Stratman
Century 21 Signature Realty
Buyer's Agent
Matthew Brown
BHHS Heritage Real Estate
List Price
$159,979
Sold Price
$150,000
Premium/Discount to List
-$9,979
-6.24%
Current Estimated Value
$199,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,368
Avg. Annual Appreciation
4.49%
Original Mortgage
$147,283
Outstanding Balance
$130,135
Interest Rate
4.14%
Estimated Equity
$67,768

Purchase Details

Closed on
Jul 30, 2003
Sold by
Kulhanek Scott and Kulhanek Angela
Bought by
Kendall Perry E and Kendall Patricia
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
Okeefe William $150,000 --
Kendall Perry E $95,000 Centennial Title Insurance A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okeefe William $147,283
Closed Okeefe William --
Previous Owner Kendall Perry E $91,000
Previous Owner Kendall Patricia $75,000
Previous Owner Kendall Perry E $98,000
Previous Owner Kulhanek Scott L $90,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2019 04/24/19 Sold $150,000 -6.2% $54 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $159,979 -- $57 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,488 $96,700 $0 $0
2024 $4,018 $87,200 $0 $0
2023 $780 $80,300 $0 $0
2022 $1,459 $72,600 $0 $0
2021 $4,488 $67,600 $0 $0
2020 $4,441 $61,500 $0 $0
2019 $2,767 $43,100 $0 $0
2018 $2,624 $40,700 $0 $0
2017 $2,403 $33,900 $0 $0
2016 -- $33,900 $0 $0
2015 -- $34,500 $0 $0
2014 $5 $32,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31372618

Michigan Multiple Listing Service

APN: 004-60-003-005