NOT LISTED FOR SALE

W5496 First St Hermansville, MI 49847

Estimated Value: $104,474

-- Bed
5 Baths
3,000 Sq Ft
$35/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $62,000 $21 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $753/month

147 Days on Market

About This Home

As of June 2021

INCOME OPPORTUNITY!! Well kept 4 Unit Apartment Building. Good condition. Plenty of room for parking. There is a playground very close. Nice quiet area. Good rental history. GREAT cash flow, should be $800+ per month. FHA financing may be available. SOLD AS IS!

Last Agent to Sell the Property

Mike Harris

STATE WIDE REAL ESTATE OF ESCANABA License #UPAR-205616 Listed on: 12/07/2020

Co-Listed By

ANDREW HARRIS

STATE WIDE REAL ESTATE OF ESCANABA License #UPAR-6501404488

Last Buyer's Agent

Amber Carlson

UPWARDS REAL ESTATE License #UPAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,356

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Internet Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5501114901500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,356

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Year: 2021
  • Year Built: 1900
  • Mail City: Hermansville
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 3000

Exterior Features

  • Construction: Vinyl Siding
  • Roads: City/County, Year Round

Utilities

  • Water: Private Well
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 5501114901500
  • Lot Dimensions: 50x150
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2021

Multi Family

  • Total Units: 4

MLS Schools

  • School District: North Central Area Schools

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

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $62,000 -11.3% $21 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
12/07/2020 12/07/20 For Sale $69,900 +48.7% $23 / Sq Ft
01/27/2017 01/27/17 Sold $47,000 -32.9% $16 / Sq Ft
12/22/2016 12/22/16 Pending -- -- --
09/07/2015 09/07/15 For Sale $70,000 -- $23 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $2,356 $63,100 $3,600 $59,500
2024 $2,092 $71,700 $3,500 $68,200
2023 $416 $48,600 $48,600 $0
2022 $416 $48,600 $48,600 $0
2021 $416 $53,000 $1,300 $51,700
2020 $416 $44,700 $0 $0
2019 -- $44,600 $0 $0
2018 -- $44,500 $44,500 $0
2017 -- $45,100 $45,100 $0
2016 -- $43,200 $0 $0
2015 -- $43,200 $0 $0
2014 -- $41,500 $41,500 $0
2013 $416 $41,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072498

Upper Peninsula Association of REALTORS®

APN: 011-149-015-00