NOT LISTED FOR SALE

103 River St Unit 1 & 2 Allegan, MI 49010

Estimated Value: $183,000 - $195,000

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold March 27, 2023

Last sale price $151,000

Est. 25% increase in value since last sale

Current estimated payment $1,330/month

4 Days on Market

Highlights

  • Private Waterfront
  • High Speed Internet
  • Wood Siding
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

Great opportunities await you in this well maintained 2 unit solid 2 story with a covered front porch and 50 feet of frontage on the Kalamazoo River! Each unit has 1012 square feet, move in condition, central air in both units and updated mechanicals throughout! Beautiful hardwood floors, large rooms and high ceilings! Main floor has double hung replacement windows beautiful hardwood floors, newly painted with laundry facilities. The upper unit is occupied with a long term tenant, hardwood floors and storm unit windows. The back of the structure features a walk out basement and a great area (with a little TLC) for watching the river flow by and relaxing! GREAT opportunity for owner occupied, let the tenant pay your mortgage! Live in the main floor, it's all ready for you to move in too! month tenant has lived there for 5 years and loves it! Rents are currently not the going rate for rent. You set the rate! Tenant pays everything except the sewer and water, all other utilities are separated. Some may choose to convert it to single family residence. Endless possibilities begin here!

Last Agent to Sell the Property

Mark DeLavern

Berkshire Hathaway HomeServices MI License #6501288825 Listed on: 03/10/2023

Berkshire Hathaway HomeServices MI

Co-Listed By

Theresa Kisinger-DeLavern

Berkshire Hathaway HomeServices MI License #6501278038

Last Buyer's Agent

Brian Clinger

Coldwell Banker Schmidt Realtors License #6506046721

Coldwell Banker Schmidt Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $871

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50 x 85
  • Private Waterfront
  • 50 Feet of Waterfront

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection, gas
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$871

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Walk Out

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 139900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Kalamazoo River
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Broadband
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 871.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Mar 27, 2023
Sold by
Haist Matthew
Bought by
Stein James and Stein Molly
Seller's Agent
Mark DeLavern
Berkshire Hathaway HomeServices MI
Buyer's Agent
Brian Clinger
Coldwell Banker Schmidt Realtors
List Price
$139,900
Sold Price
$151,000
Premium/Discount to List
$11,100
7.93%
Total Days on Market
4
Views
36
Current Estimated Value
$188,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,323
Avg. Annual Appreciation
10.03%

Purchase Details

Listed on
Mar 10, 2023
Closed on
Mar 6, 2023
Sold by
M & J Development Properties Llc
Bought by
Haist Matthew
Seller's Agent
Mark DeLavern
Berkshire Hathaway HomeServices MI
Buyer's Agent
Brian Clinger
Coldwell Banker Schmidt Realtors
List Price
$139,900
Sold Price
$151,000
Premium/Discount to List
$11,100
7.93%
Views
36

Purchase Details

Closed on
Jan 9, 2008
Sold by
Haist Matthew M
Bought by
M & J Development Properties Llc

Purchase Details

Closed on
Nov 23, 2005
Sold by
Option One Mortgage Corp
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 1, 1999
Sold by
Sheridan Philip
Bought by
White David
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stein James $151,000 --
Haist Matthew -- --
M & J Development Properties Llc -- None Available
Wells Fargo Bank Na -- E Title Agency Inc
White David $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haist Matthew M $98,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $151,000 +7.9% --
03/14/2023 03/14/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $139,900 -- --
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 $3,417 $55,800 $11,000 $44,800
2024 $849 $54,200 $10,600 $43,600
2023 $877 $34,800 $9,900 $24,900
2022 $849 $27,600 $8,400 $19,200
2021 $815 $24,900 $6,600 $18,300
2020 $803 $27,700 $5,500 $22,200
2019 $785 $23,000 $4,700 $18,300
2018 $754 $18,800 $4,600 $14,200
2017 $0 $16,700 $3,900 $12,800
2016 $0 $11,900 $3,200 $8,700
2015 -- $11,900 $3,200 $8,700
2014 -- $13,000 $3,200 $9,800
2013 $1,462 $14,000 $3,200 $10,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mark DeLavern

    Berkshire Hathaway HomeServices MI

    (269) 998-4833

    5 in this area

    144 Total Sales

    Mark DeLavern
    Section Image

  • T

    Seller Co-Listing Agent in 2023

    Theresa Kisinger-DeLavern

    Berkshire Hathaway HomeServices MI

    (269) 491-3393

    6 in this area

    143 Total Sales

    Theresa Kisinger-DeLavern
    Section Image
  • Brian Clinger

    Buyer's Agent in 2023

    Brian Clinger

    Coldwell Banker Schmidt Realtors

    (616) 459-0400

    3 in this area

    132 Total Sales

    Brian Clinger
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23007076

Southwestern Michigan Association of REALTORS®

APN: 51-280-073-00

Michigan Allegan County Allegan 49010

103 River St Unit 1 & 2, Allegan, MI

This home is located at 103 River St Unit 1 & 2, Allegan, MI 49010 since 10 March 2023 and is currently estimated at $188,323. This property was built in 1900. 103 River St Unit 1 & 2 is a home located in Allegan County with nearby schools including North Ward Elementary School, L.E. White Middle School, and Allegan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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