NOT LISTED FOR SALE

817 E Grand River Ave Brighton, MI 48116

Estimated Value: $403,499

4 Beds
4 Baths
2,296 Sq Ft
$176/Sq Ft Est. Value

Sale Details

Date Sold: January 12, 2022

Last sale price $350,000 $152 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,693 / mo

9 Days on Market

Highlights

  • Balcony
  • Porch
  • Forced Air Heating System
  • Hilton Road Elementary School Rated A

About This Home

As of January 2022

4 unit Multifamily in the City of Brighton. Great rental history. Very well maintained. 2 car rented separately to create more cash flow. Great location. This is the kind of investment you need now.

Last Agent to Sell the Property

Scott Griffith

Griffith Realty License #6502138068 Listed on: 11/12/2021

Last Buyer's Agent

Tracey Chalifour

New Michigan Realty, LLC License #RCO-6501290115

New Michigan Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Remodeled in 2010

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 154 x 81 x 154

Parking

  • Unassigned Parking

Home Design

  • Quadruplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 2,296 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1831204079

Community Details

Overview

  • 4 Units
  • Anthony Gale's Add Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,573

Year Built

Remodeled in 2010

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 9999
  • State Equalized Value: 98000.0000
  • Year Renovated: 2010
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common
  • Total Sq Ft: 2296

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.23
  • Lot Dimensions: 80 x 154 x 81 x 154
  • Parcel Number: 1831204079
  • Zoning: Commercial

Rental Info

  • Rent Includes: Heat, Water/Sewer, Snow Removal, Water, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2945

Tax Info

  • Tax Amount Summer: 4619.0000
  • Tax Amount Winter: 954.0000
  • Total Tax: 5573.0000
  • Taxable Value: 94200.0000

Multi Family

  • Gross Scheduled Income: 35340.00
  • Number Of Units Total: 4

MLS Schools

  • School District: Brighton

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Jan 12, 2022
Sold by
Bought by
Seller's Agent
Scott Griffith
Griffith Realty
Buyer's Agent
Tracey Chalifour
New Michigan Realty, LLC
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%
Current Estimated Value
$403,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,499
Avg. Annual Appreciation
3.26%
Original Mortgage
$262,500
Outstanding Balance
$242,273
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$161,226

Purchase Details

Listed on
May 20, 2015
Closed on
Nov 11, 2015
Sold by
Bought by
Seller's Agent
Scott Griffith
Griffith Realty
Buyer's Agent
Sharon Moggach
Real Estate One-Brighton
List Price
$250,000
Sold Price
$190,000
Premium/Discount to List
-$60,000
-24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$142,500
Interest Rate
3.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 First American Title
$190,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $262,500
Previous Owner $142,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2022 01/12/22 Sold $350,000 +7.7% $152 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $325,000 +71.1% $142 / Sq Ft
11/16/2015 11/16/15 Sold $190,000 -24.0% $83 / Sq Ft View Prior Sale
09/21/2015 09/21/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $250,000 -- $109 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,086 $124,600 $0 $0
2024 $5,912 $141,000 $0 $0
2023 $5,628 $113,900 $0 $0
2022 $6,148 $113,900 $0 $0
2021 $5,628 $98,000 $0 $0
2020 $5,583 $92,900 $0 $0
2019 $6,651 $113,900 $0 $0
2018 $6,135 $111,100 $0 $0
2017 $6,015 $122,900 $0 $0
2016 $5,968 $104,200 $0 $0
2014 $6,184 $117,830 $0 $0
2012 $6,184 $115,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210092970

Realcomp

APN: 18-31-204-079

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