NOT LISTED FOR SALE

104 Bennett Ave Hartford, MI 49057

Estimated Value: $165,000 - $213,000

-- Bed
1 Bath
-- Sq Ft
10,047 Sq Ft Lot

Last Sold May 25, 2022

Last sale price $155,000

Est. 25% increase in value since last sale

Current estimated payment $1,207/month

5 Days on Market

About This Home

As of May 2022

Fully occupied three-unit income property in Hartford. Unit C has been completely renovated. Suite A has had the same tenant for 20+ years. Good sized back yard. Ample parking, convenient to downtown Hartford and I-94. Includes two lots with separate tax ID's - second tax ID is 80-52-140-012-00

Last Agent to Sell the Property

Diane Bornhorst

Berkshire Hathaway HomeServices MI License #6501212733 Listed on: 04/28/2022

Berkshire Hathaway HomeServices MI

Co-Listed By

Lindsay Flynn

Berkshire Hathaway HomeServices MI License #6501366885

Last Buyer's Agent

Carla Galbraith

Coldwell Banker Anchor R.E. License #6501298100

Coldwell Banker Anchor R.E.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,295

Year Built

  • Built in 1994

Lot Details

  • 10,047

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Additional Features

  • 10,047 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $911
  • Maintenance Expense $661
  • Manager Expense $1,998
  • Operating Expense $10,583
  • Gross Income $19,800
  • Net Operating Income $9,217

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,295

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Other

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 165000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Utilities: Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10047.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 19800.0
  • Insurance Expense: 911.0
  • Maintenance Expense: 660.5
  • Manager Expense: 1998.0
  • Net Operating Income: 9217.08
  • Number of Units Total: 3
  • Operating Expense: 10582.92

Tax Info

  • Tax Annual Amount: 3295.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 25, 2022
Sold by
Kronewetter Properties Llc
Bought by
Cheek Robert and Cheek Susan
Seller's Agent
Diane Bornhorst
Berkshire Hathaway HomeServices MI
Buyer's Agent
Carla Galbraith
Coldwell Banker Anchor R.E.
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Current Estimated Value
$194,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,244
Avg. Annual Appreciation
5.14%
Original Mortgage
$109,440
Outstanding Balance
$104,280
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$77,850

Purchase Details

Closed on
Apr 28, 2008
Sold by
Kronewetter David and Kronewetter Rebecca
Bought by
Kronewetter Properties Llc

Purchase Details

Closed on
Aug 20, 2007
Sold by
National City Bank
Bought by
Kronewetter David and Kronewetter Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
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
Cheek Robert $155,000 None Listed On Document
Kronewetter Properties Llc -- None Available
Kronewetter David $102,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheek Robert $109,440
Previous Owner Kronewetter David $81,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $155,000 -6.1% --
05/03/2022 05/03/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $165,000 -- --
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
2024 $1,790 $78,100 $0 $0
2023 $1,704 $69,400 $0 $0
2022 $3,426 $64,000 $0 $0
2021 $3,295 $59,600 $0 $0
2020 $3,253 $60,800 $2,600 $58,200
2019 $3,143 $49,900 $49,900 $0
2018 $3,175 $50,400 $50,400 $0
2017 $3,114 $51,800 $0 $0
2016 $3,083 $52,000 $0 $0
2015 $1,448 $52,000 $0 $0
2014 $1,446 $48,600 $0 $0
2013 -- $47,500 $47,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Bornhorst

    Seller's Agent in 2022

    Diane Bornhorst

    Berkshire Hathaway HomeServices MI

    (269) 491-5666

    1 in this area

    69 Total Sales

    Diane Bornhorst
    Section Image

  • L

    Seller Co-Listing Agent in 2022

    Lindsay Flynn

    Berkshire Hathaway HomeServices MI

    (269) 615-0723

    1 in this area

    65 Total Sales

    Lindsay Flynn
    Section Image
  • Carla Galbraith

    Buyer's Agent in 2022

    Carla Galbraith

    Coldwell Banker Anchor R.E.

    (269) 930-7418

    6 in this area

    74 Total Sales

    Carla Galbraith
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22015098

Southwestern Michigan Association of REALTORS®

APN: 80-52-140-013-00

Michigan Van Buren County Hartford 49057

104 Bennett Ave, Hartford, MI

This home is located at 104 Bennett Ave, Hartford, MI 49057 since 28 April 2022 and is currently estimated at $194,244. This property was built in 1994. 104 Bennett Ave is a home located in Van Buren County with nearby schools including Red Arrow Elementary School, Redwood Elementary, and Woodside Elementary 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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