NOT LISTED FOR SALE

968 E Main St Vanderbilt, MI 49795

Estimated Value: $214,000 - $249,000

6 Beds
3 Baths
1,875 Sq Ft
$125/Sq Ft Est. Value

Last Sold March 26, 2025

Last sale price $219,000 $117 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,404/month

125 Days on Market

About This Home

As of March 2025

Great investment opportunity in downtown Vanderbilt. This triplex features 3 units, all of which are 2 bed and 1 bath. Septic pumped last year.

Last Agent to Sell the Property

Zac Lejeune

Gaslight Group Properties Listed on: 11/21/2024

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1999

Lot Details

  • 1.1

Home Design

  • Triplex
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Block And Beam Construction

Interior Spaces

  • 1,875 Sq Ft Home
  • Vinyl Clad Windows

Kitchen

  • Range
  • Built-In Microwave

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Septic System

Additional Features

  • 1.1 Acre Lot
  • Ground Level

Community Details

  • 3 Units
  • 1 Separate Electric Meter

Listing and Financial Details

  • Assessor Parcel Number 045-110-004-001-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,968

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multifamily
  • Type 2: Triplex
  • Estimated Year Built: 1999
  • Lvt Date: 11/21/2024
  • Section: 27
  • Second Address Number: 968
  • Directions: Old 27 North onto Mill Street. Right onto East Main Street. Building on Right after Arthur Street and on Randolph Street. First Entrance for Unit C. Second Entrance on Randolph Street for Units A and B.
  • Price per Sq Ft: 116.8
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1999

Interior Features

  • Features: Built In Microwave, Dryer, Range, Refrigerator, Washer, Paved Road
  • Total Sq Ft: 1875
  • Above Grade Finished Sq Ft: 1875
  • Windows: Vinyl

Exterior Features

  • Construction: Wood Frame, Block
  • Roof: Asphalt Shingles
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas
  • Sewer: Septic
  • Water: Well
  • Number Electric Meters: 1

Schools

  • School District: Vanderbilt
  • School District: Vanderbilt

Lot Info

  • Estimated Number of Acres: 1.1

Tax Info

  • Assessor Parcel Number: 045-110-004-001-00

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
Mar 25, 2025
Sold by
Miten-Davison Ruth
Bought by
Mi Housing Choice Llc
Seller's Agent
Zac Lejeune
Gaslight Group Properties
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$235,000
Sold Price
$219,000
Premium/Discount to List
-$16,000
-6.81%
Views
78
Current Estimated Value
$234,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,752
Avg. Annual Appreciation
15.23%
Original Mortgage
$170,000
Outstanding Balance
$160,362
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$74,390

Purchase Details

Listed on
May 26, 2023
Closed on
Jun 21, 2023
Sold by
Vest Charles L
Bought by
Maiten-Davison Ruth
Seller's Agent
Dale Smith
smith realty GROUP
Buyer's Agent
Zac Lejeune
The Geno D'Angelo Group
List Price
$179,000
Sold Price
$180,000
Premium/Discount to List
$1,000
0.56%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%

Purchase Details

Listed on
May 16, 2019
Closed on
May 14, 2019
Sold by
Dale J Smith Broker Inc
Bought by
Vest Charles L and Vest Amanda L
Seller's Agent
Dale Smith
smith realty GROUP
Buyer's Agent
Dale Smith
smith realty GROUP
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$155,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2013
Closed on
Sep 25, 2013
Sold by
Inabinet Edward N and Inabinet Kym M
Bought by
Dale J Smith Broker Inc
Buyer's Agent
Wendie Forman
Forman Real Estate
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%

Purchase Details

Listed on
Jul 15, 2013
Closed on
Sep 16, 2013
Sold by
Roberts Teresa and Townsend Teresa
Bought by
Inabinet Edward N and Inabinet Kym M
Buyer's Agent
Wendie Forman
Forman Real Estate
Sold Price
$115,000

Purchase Details

Closed on
Dec 5, 2003
Sold by
Inabinet - Townsend
Bought by
Inabinet - Townsend

Purchase Details

Closed on
Jul 29, 2003
Sold by
Mons Gerald E and Mons Carolyn T
Bought by
Inabinet - Inabinet

Purchase Details

Closed on
Dec 30, 2002
Sold by
Betz Dale A and Betz Tammy L
Bought by
Mons Gerald E and Mons Carolyn T
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 Buyer Sale Price Title Company
Mi Housing Choice Llc $219,000 --
Maiten-Davison Ruth $180,000 --
Vest Charles L $155,000 Alpine Title & Escrow
Dale J Smith Broker Inc $115,000 Alpine Title & Escrow
Inabinet Edward N -- --
Inabinet - Townsend -- --
Inabinet - Inabinet $98,500 --
Mons Gerald E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mi Housing Choice Llc $170,000
Previous Owner Vest Charles L $52,000
Previous Owner Vest Charles L $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 Sold $219,000 -6.8% $117 / Sq Ft
11/21/2024 11/21/24 For Sale $235,000 +30.6% $125 / Sq Ft
06/21/2023 06/21/23 Sold $180,000 +0.6% --
05/15/2023 05/15/23 For Sale $179,000 +15.5% --
05/14/2019 05/14/19 Sold $155,000 +34.8% --
05/14/2019 05/14/19 Pending -- -- --
09/25/2013 09/25/13 Sold $115,000 -- --
09/20/2013 09/20/13 Pending -- -- --
Source: Northern Michigan 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
2025 $1,968 $132,500 $0 $0
2024 $1,968 $129,900 $0 $0
2023 $2,813 $100,200 $0 $0
2022 $3,334 $88,000 $0 $0
2021 $2,745 $82,300 $0 $0
2020 $3,438 $78,600 $0 $0
2019 $3,385 $77,500 $0 $0
2018 -- $63,600 $63,600 $0
2017 -- $62,000 $0 $0
2016 -- $61,800 $0 $0
2013 -- $66,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Zac Lejeune

    Seller's Agent in 2025

    Zac Lejeune

    Gaslight Group Properties

    (231) 838-0803

    86 Total Sales

    Zac Lejeune
    Section Image

  • N

    Buyer's Agent in 2025

    Non member Emmet

    Emmet Association of Realtors

  • Dale Smith

    Seller's Agent in 2023

    Dale Smith

    smith realty GROUP

    (586) 764-1599

    63 Total Sales

    Dale Smith
    Section Image
  • Wendie Forman

    Buyer's Agent in 2013

    Wendie Forman

    Forman Real Estate

    (989) 858-3382

    21 Total Sales

    Wendie Forman
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 475397

Northern Michigan MLS

APN: 045-110-004-001-00

Michigan Otsego County Vanderbilt 49795

968 E Main St, Vanderbilt, MI

This home is located at 968 E Main St, Vanderbilt, MI 49795 since 21 November 2024 and is currently estimated at $234,752, approximately $125 per square foot. This property was built in 1999. 968 E Main St is a home located in Otsego County with nearby schools including Vanderbilt Area School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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