NOT LISTED FOR SALE

1020 Morrison Ave Saint Joseph, MI 49085

Estimated Value: $274,000 - $435,000

3 Beds
3 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold November 18, 2015

Last sale price $105,000

Est. 204% increase in value since last sale

Current estimated payment $2,151/month

19 Days on Market

Highlights

  • Forced Air Heating System
  • Upton Middle School Rated A
  • 5-minute walk to Kiwanis Park

About This Home

As of November 2015

Superb investment property! Two homes on one lot for a total of 3 income producing properties. The two-unit home has 2 bedrooms on the main floor and 1 bedroom upstairs. The small house in the back is a 1 bedroom and has it's own driveway and parking. New shingle in 2011 on the small house and new 3D shingle with tear-off in 2013 on the 2 unit. Good condition and great location!

Last Agent to Sell the Property

Michael Enders

Realty Executives Instant Equity License #6502321143 Listed on: 09/02/2015

Last Buyer's Agent

Michael Enders

Active Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x101

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Shingle Siding

Basement

  • Michigan Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Utility Expense $2,079

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 50x101
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3654.0
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Heat Type:Space Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 124900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Shingle Siding: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Space Heater, Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3654.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2015
Closed on
Nov 13, 2015
Sold by
Bellavia Thomas and Bellavia Barbara
Bought by
Enders Timothy E and Enders Julia M
Seller's Agent
Michael Enders
Realty Executives Instant Equity
Buyer's Agent
Michael Enders
Realty Executives Instant Equity
List Price
$124,900
Sold Price
$105,000
Premium/Discount to List
-$19,900
-15.93%
Current Estimated Value
$319,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,283
Avg. Annual Appreciation
11.92%
Original Mortgage
$78,750
Outstanding Balance
$62,516
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$252,743

Purchase Details

Closed on
Apr 27, 2004
Sold by
Haynes Janet
Bought by
Bellavia Thomas and Bellavia Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 6, 2000

Purchase Details

Closed on
Jun 30, 1999

Purchase Details

Closed on
Jan 8, 1990

Purchase Details

Closed on
Jul 10, 1987

Purchase Details

Closed on
Jul 22, 1985

Purchase Details

Closed on
Nov 6, 1984

Purchase Details

Closed on
Jan 30, 1984
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Enders Timothy E $105,000 Attorney
Bellavia Thomas $90,000 --
-- $100 --
-- $90,000 --
-- $100 --
-- -- --
-- $16,500 --
-- $33,800 --
-- $10,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Wesley P $38,284
Closed Smith Wesley P $38,284
Open Enders Timothy E $78,750
Previous Owner Bellavia Thomas $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2015 11/18/15 Sold $105,000 -15.9% --
09/21/2015 09/21/15 Pending -- -- --
09/02/2015 09/02/15 For Sale $124,900 -- --
Source: Southwestern Michigan 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 $4,937 $136,000 $0 $0
2024 $4,835 $129,900 $0 $0
2023 $4,627 $109,300 $0 $0
2022 $4,414 $89,400 $0 $0
2021 $4,350 $85,000 $17,500 $67,500
2020 $4,704 $81,200 $0 $0
2019 $4,243 $72,900 $19,400 $53,500
2018 $4,163 $72,900 $0 $0
2017 $3,828 $71,200 $0 $0
2016 $3,828 $67,900 $0 $0
2015 $3,711 $69,500 $0 $0
2014 $3,574 $65,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15047743

Southwestern Michigan Association of REALTORS®

APN: 11-76-5030-0016-01-0