NOT LISTED FOR SALE

1024 Morrison Ave Saint Joseph, MI 49085

Estimated Value: $244,608 - $365,000

2 Beds
2 Baths
-- Sq Ft
5,900 Sq Ft Lot

Last Sold March 22, 2017

Last sale price $116,000

Est. 139% increase in value since last sale

Current estimated payment $1,848/month

195 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Wood Siding
  • Upton Middle School Rated A

About This Home

As of March 2017

Downtown St. Joseph Investment property with a main floor 2 bed 2 bath unit with laundry & an upper 1 bed 1 bath unit for only $124,900. New roof installed 2003, carport & some electrical upgrades done in 2013 by previous owner. Current owners remodeled the upper unit bathroom & installed a new vanity, toilet, & flooring. In the main floor unit the master bedroom was expanded & now includes a master bathroom with shower & double vanity along with a master walk-in closet. The remodeled kitchen features stainless steel appliances and is located off the dining room. In the second bedroom an attached full bathroom and laundry has been added along with french doors leading to the deck. This property has a storage area in the basement and a carport for parking. Many more updates to see!

Last Agent to Sell the Property

Angela Nutto

Keller Williams Realty Swm License #6501330577 Listed on: 09/06/2016

Keller Williams Realty Swm

Last Buyer's Agent

The Petzke Team

RE/MAX by the Lake License #6502409512

RE/MAX by the Lake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,783

Year Built

  • Built in 1900

Lot Details

  • 5,900 Sq Ft Lot
  • Lot Dimensions are 51 x 146 x 62 x 110

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Michigan Basement

Parking

  • 4 Parking Spaces
  • Carport

Utilities

  • Forced Air Heating System
  • 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 Units
  • Property is near a ravine

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,783

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 51 X 146 X 62 X 110
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2783.31
  • Tax Info:Zoning3: 401 Residential
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • 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:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Ravine: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 124900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Ravine":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Carports: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 5900.0
  • Zoning Description: 401 Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2783.31
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2016
Closed on
Mar 22, 2017
Sold by
Rose Jim and Rose Betty
Bought by
Mendoza Nicolas E and Mendoza Katherine M
Seller's Agent
Angela Nutto
Keller Williams Realty Swm
Buyer's Agent
The Petzke Team
RE/MAX by the Lake
List Price
$124,900
Sold Price
$116,000
Premium/Discount to List
-$8,900
-7.13%
Current Estimated Value
$277,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,402
Avg. Annual Appreciation
11.44%
Original Mortgage
$92,800
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2014
Closed on
Apr 28, 2015
Sold by
Euler John W and Euler Judith
Bought by
Rose Jim and Rose Betty
Seller's Agent
Brenda Regan
ERA Reardon Realty
Buyer's Agent
Angela Nutto
Keller Williams Realty Swm
List Price
$88,000
Sold Price
$64,000
Premium/Discount to List
-$24,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.98%

Purchase Details

Closed on
Nov 20, 2014
Sold by
Euler John W and Euler Judith
Bought by
Euler John W and Euler Judith

Purchase Details

Closed on
Mar 10, 2000

Purchase Details

Closed on
Sep 29, 1989

Purchase Details

Closed on
Jul 28, 1987

Purchase Details

Closed on
Aug 28, 1986

Purchase Details

Closed on
May 30, 1986
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Mendoza Nicolas E $116,000 Attorney
Rose Jim $64,000 None Available
Euler John W -- None Available
-- $75,000 --
-- -- --
-- $100 --
-- $100 --
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Nicolas E $115,500
Closed Mendoza Nicolas E $92,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2017 03/22/17 Sold $116,000 -7.1% --
03/20/2017 03/20/17 Pending -- -- --
09/06/2016 09/06/16 For Sale $124,900 +95.2% --
05/01/2015 05/01/15 Sold $64,000 -27.3% --
04/21/2015 04/21/15 Pending -- -- --
04/28/2014 04/28/14 For Sale $88,000 -- --
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 $4,045 $114,000 $0 $0
2024 $3,961 $108,600 $0 $0
2023 $3,791 $90,800 $0 $0
2022 $3,616 $74,800 $0 $0
2021 $3,563 $71,300 $18,100 $53,200
2020 $3,515 $68,200 $0 $0
2019 $3,476 $57,300 $20,000 $37,300
2018 $2,627 $57,300 $0 $0
2017 $2,300 $56,100 $0 $0
2016 $2,300 $53,800 $0 $0
2015 $2,783 $51,100 $0 $0
2014 $2,853 $52,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16046265

Southwestern Michigan Association of REALTORS®

APN: 11-76-5030-0015-01-3