20 days on rocket

2342 Aurelius Rd, Holt, MI, 48842

$1,850,000

Home List Price

$10,000*

Closing Credit

19 Full Baths
18,200 SqFt
$102/SqFt
Multi

Location

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2342 Aurelius Rd, Holt$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1999
HeatingNatural Gas, Baseboard
BasementYes
MLS #20240081425
Lot Size1.49 Acres
StatusActive

About 2342 Aurelius Rd

Sugar Pine Apartments is a stabilized, value-add 19 unit apartment building located in Holt, MI. The property consists of eighteen 1 bedroom apartments (800 square feet) one 3 bedroom unit (1,000 square feet) and 9 storage units. The property is 100% occupied grossing $17,295 per month. All 19 units are in one building - that was built in 1999. Each unit is equipped with a window air conditioning unit, along with baseboard heat. There are 28 parking spaces for the 19 units. The units are separately metered for electric which the tenant puts in their name. The heat is supplied through baseboard heat. The landlord pays for water, sewer and trash. Most properties in the area bill back for these utilities, so there is opportunity to increase value through collecting RUBS. The current owner has invested over $100,000 into the building this year including patching, sealing and striping the parking lot, 3 unit renovations, and exterior / common area CAPEX.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1999
  • Stories: 2
  • Living Area: 18,200 SqFt

Listing Office:

  • Office Name: Greater Development LLC
  • Office Phone: (313) 209-2900
  • Listing Agent: Brady Williams

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 19

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 1.49 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard

Other

Directions Information:

  • Directions: Holt

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000
  • Price Per SqFt: $102/SqFt

Tax Information:

  • Annual Amount: $22,121
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Holt, MI.

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Holt, MI

City

Med. Sold Price

$267.9K

Med. Price/SqFt

$138

Avg. Days On Market

7

# of Sold Homes

8

2342 Aurelius Rd vs Holt

20 DAYS ON ROCKET

+13 Days

$1,850,000

+$1.5M More

$102/SqFt

-$36 Less

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $36/SqFt less than other homes in Holt, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240081425

Listing Office:

  • Office Name: Greater Development LLC
  • Office Phone: (313) 209-2900
  • Listing Agent: Brady Williams

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 10, 2018Home Sold
$733,000
Mar 11, 2013Home Sold
$368,000

Tax History

YEARPROP. TAXASSESSMENT
2021$22,121$305,800
2020$21,485$305,800
2019$18,223$298,800
2018$16,763$248,600
2017$16,763$248,600

History based on county public records data.

Payment Calculator

$9,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,613

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-523943
6
/10

  • Elliott Elementary School

  • 4200 Bond Ave

  • 0.74 miles

  • Public District Grades KG-4

school-card-donut-523944
6
/10

  • Sycamore Elementary School

  • 4429 Sycamore St

  • 1.05 miles

  • Public District Grades KG-4

school-card-donut-523945
4
/10

  • Wilcox Elementary School

  • 1650 Laurelwood Dr

  • 1.58 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,926. Typical income of Holt, MI residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Ingham County›Holt›48842›2342 Aurelius Rd

This home is located at 2342 Aurelius Rd in Holt, MI and zip code 48842. This 18,200 square foot home, which was built in 1999, sits on a 1.49 acre lot. Features: 19 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $1,850,000.

In October 2024, from all listings sold in Holt, MI there were more than 5 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Holt, MI between September 2024 and October 2024 decreased by 6.7%. Listings spent 7 days on the market in October 2024, and had a median list price of $267,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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