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Decatur 49045
106 Pine Street
$42,000
● House - Off Market

106 Pine Street

Decatur, MI 49045
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,804 Ft²
$79,663
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

106 Pine St Decatur MI 49045  4 bedroom 2 bath home with detached 2 car garage. HUD HOME Case Number: 263-405609 Financing code UI. See attached lead disclosure. All properties sold AS-IS. Clients may see all data and schedule showings at www.RichardStewart.com or call Richard Stewart REO Specialists llc AGENTS please follow instructions in MLS and visit www.Sageacq.com or www.HudHomeStore.com
Unit Size
1,804 Ft²
Days on Market
117 days
Land Size
0.25 acres
Price per sqft
$30
Property Type
House
Property Taxes
$57
HOA Dues
-
Year Built
1906

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 9 months ago (MichRIC MLS #18056085)

Price History

Date / Event Date Event Price
Oct 13, 2023 Sold
Premium
Sold
May 14, 2019 Sold
Premium
Sold
Nov 22, 2018 Listed by REO Specialists, L.L.C. $54,000
Listed by REO Specialists, L.L.C.

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 600
  • Garage Type: 7
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIGINAL OF DECATUR
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 530 19-4-14 1188-210 1489-520 * W 1/2 OF LOT 6 BLOCK 7 ORIGINAL PLAT OF DECATUR

Neighborhood

  • School District Name: Decatur Public Schools
  • School Tax School District: DECATUR
  • Census Tract: 011601

Zoning

  • Zoning: 1&2FAM

Geography

  • Assessors Map Reference: 530
  • District: 43
  • Parcel: 80-43-040-086-00
  • Block: 7
  • Lot: 6
  • Municipality: DECATUR VILLAGE
  • Latitude: 42.1107
  • Longitude: -85.9776

    Address

  • Full Address: 106 Pine St
  • Address - House Number: 106
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MI
  • City Name: Decatur
  • Carrier Code: C001
  • 4-Digit Zip Code: 1316
  • Zip Code: 49045

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $108,574
  • Tax Rate Code Area: 80430

    Appraisal Valuation

  • Standard Deviation: 0.3385
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 32
  • Final Value: 55,684
  • High Value: 74,538
  • Low Value: 36,829

    Market Valuation

  • Market Total Value: $116,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 05, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 3439543
  • Previous Sale Recording Date: May 14, 2019
  • Previous Sale Contract Date: May 08, 2019
  • Previous Sale Amount: $42,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Decatur

Stats & Trends

Median Asking:

$174,999

Sale Price/ft²

$114

Below Asking

0.03%

Average Days on Market

54

Average Home Size

1659 ft²

Average Home Age

96.2 years

Currently For Sale

10 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Richard L Stewart, REO Specialists, L.L.C.
Last Updated: 9 months ago
Data Source: MichRIC, MLS# 18056085
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 106 Pine Street built and last sold?
The property at 106 Pine Street was built in 1906 and last sold on Oct 5, 2023 for $46,300.
How much is this home worth?
The estimated value of the home located at 106 Pine Street is $0.
What are some comparable homes to 106 Pine Street?
There are currently no comparable homes to 106 Pine Street.
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