Property Type:
Multi Family
Lot Size (sq. ft.):
14,979
Status:
Sold
Current Price:
$1,650,000
List Date:
7/09/2024
Last Modified:
11/22/2024
38272 FAIRWAY Court, Clinton Twp, MI 48038
$1,520,000
Overview
Description
Great investment opportunity to purchase 23 fully rented one bedroom/one bathroom condos at Fern Hill Manor Condominiums. Most of the units have been updated. Tenants pay for heat/gas, electric/ac. HOA covers water, grass, snow & exterior maintenance. Purchase includes stove, refrigerator and dishwasher. Monthly association fees are $235.00 per unit. There is a monthly assessment of $30.00 per unit until April 2026 that will be assigned to purchaser. BATVAI
Listing Details MLS# 24023740
Location Property Info
- County
- Macomb
- Street #
- 38272
- Street Name
- FAIRWAY
- Suffix
- Court
- State
- MI
- Zip Code
- 48038
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 14979
- Lot Acres
- 0.34
- Year Built
- 1972
- New Construction
- No
- Financial Available
- No
- Total # Units
- 23
- # of Diff Unit Floor Plans
- Yes
- Total # Bldgs
- 5
- Waterfront
- No
- School District
- Chippewa Valley
- Lot Dimensions
- No
- Road Frontage
- 0
- Basement
- No
- Total Parking Spaces
- 0
Tax Info
- Tax ID #
- 16-11-20-155-043
- Taxable Value
- 24855
- SEV
- 27000
- For Tax Year
- 2023
- Seller's Annual Property Tax
- 1315.36
- Tax Year
- 2023
- Spec Assessment & Ty
- $30.00 until 4/2026
- Homestead %
- 0
Remarks Misc
- Directions
- Garfield to Clinton River Road to Fern Hill Manor Condos
Status Change Info
- Under Contract Date
- 2024-10-02
- Sold Date
- 2024-11-21
More Information
Waterfront Options
- Water Access Y/N
- No
Access Feat
- Accessibility Features
- No
Unit 1
- Unit Description
- one bed/one bath
- Bathrooms
- Yes
- Full Baths
- Yes
Location & Property Info
- Cross Streets
- S/ CLINTON RIVER ROAD
- Property Sub-Type
- 5+ Units
- Area
- Macomb County - 50
- Municipality
- Clinton Charter Twp
Office/Contract Info
- Auction or For Sale
- For Sale
Remarks & Misc
- Legal
- 2005 CONDO FERN HILL MANOR CONDOMINIUM SUB/CONDO PLAN NO. 895 BUILDING 2, UNIT 43 RECORDED ON 1/5/05 IN MCR IN LIBER 16255 P. 864-908 FIRST AMENDMENT RECORDED 1/21/05 IN L. 16316 P. 632 -634 SECOND AMENDMENT RECORDED 3/10/05 IN L. 16467 P. 524 - 541 THIRD AMENDMENT RECORDED 2/01/06 IN L. 17559 P. 661 - 663 SPLIT ON 02/11/2005 FROM 16-11-20-152-007;
Lot Description
- Sidewalk
- Yes
Street Type
- Private
- Yes
Util Avail at Street
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Public Sewer
- Yes
- Public Water
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
Mineral Rights
- No
- Yes
Association Info.
- Approx. Assoc Fee
- 230
- Assoc. Fee Payable
- Monthly
Laundry Features
- Common Area
- Yes
Assoc. Amenities
- Laundry
- Yes
Exterior Material
- Brick
- Yes
- Vinyl Siding
- Yes
Assoc. Fee Incl.
- Lawn/Yard Care
- Yes
- Snow Removal
- Yes
- Trash
- Yes
- Water
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
Driveway
- Shared Paved
- Yes
Substructure
- Slab
- Yes
Extras
- Laundry Facility
- Yes
Owner Pays
- None
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Laundry Features:
Common Area
Exterior Material:
Brick; Vinyl Siding
Roofing:
Composition
Substructure:
Slab
Lot Description:
Sidewalk
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected
Util Avail at Street:
Electricity Available; Natural Gas Available; Public Sewer; Public Water
Extras:
Laundry Facility
Owner Pays:
None
Tenant Pays:
Electric; Gas
Heat Source:
Natural Gas
Heat Type:
Forced Air
Air Conditioning:
Central Air
Driveway:
Shared Paved
Street Type:
Private
Mineral Rights:
No
Terms Available:
Cash; Conventional
Possession:
Close Of Escrow
Sale Conditions:
None
Listing Office:
Signature Realtors LLC
Listing Agent:
Fadi Zayto
Last Updated: November - 22 - 2024
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.
