NOT LISTED FOR SALE

Estimated Value: $193,000 - $232,000

-- Bed
-- Bath
-- Sq Ft
4,487 Sq Ft Lot

Last Sold January 12, 2018

Last sale price $105,000

Est. 99% increase in value since last sale

Current estimated payment $1,308/month

22 Days on Market

About This Home

As of January 2018

Fully occupied 2-unit property. Each unit is 2 bedrooms and 1 bath. Both are rented for $750 each. New renovations done in 2016 include re-stucco to exterior, refinished hardwood floors, new kitchen cabinets, flooring and appliances, new updated baths, new interior paint. Few new windows and a new roof. Great investment opportunity.

Last Agent to Sell the Property

Jorie Aulston

Bellabay Realty LLC Listed on: 10/05/2017

Last Buyer's Agent

Michael Napper

Liv Michigan Realty LLC License #6502402444

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1916

Lot Details

  • 4,487

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 40x112

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1916
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x112
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1200.0
  • Tax Info:Zoning3: NA
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick, Stucco
  • List Price: 94000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes
  • Exterior Material:Stucco: Yes

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Zoning Description: NA
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1200.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Jan 11, 2018
Sold by
Cavasos Amaro
Bought by
Tan Wendalyn
Seller's Agent
Jorie Aulston
Bellabay Realty LLC
Buyer's Agent
Michael Napper
Liv Michigan Realty LLC
List Price
$94,000
Sold Price
$105,000
Premium/Discount to List
$11,000
11.7%
Current Estimated Value
$208,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,951
Avg. Annual Appreciation
9.46%
Original Mortgage
$78,750
Outstanding Balance
$66,918
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$142,033

Purchase Details

Listed on
Jun 27, 2016
Closed on
Jul 13, 2016
Sold by
Residential Reconstruction & Resale Llc
Bought by
Icrf Llc
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Jorie Aulston
Bellabay Realty LLC
List Price
$59,900
Sold Price
$45,000
Premium/Discount to List
-$14,900
-24.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.92%
Original Mortgage
$36,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2014
Sold by
Schultze Walter C and Schultze Walter C
Bought by
Residential Reconstruction & Resale Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 26, 1996
Sold by
Klinger Klinger A A and Klinger Ts
Bought by
Schultze Klinger A and Schultze Walter

Purchase Details

Closed on
Oct 18, 1989
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
Tan Wendalyn $105,000 Esstntial Title Agency Llc
Cavasos Amaro $80,000 Essential Title Agency Llc
Icrf Llc $45,000 Essential Title Agency Llc
Residential Reconstruction & Resale Llc $160,000 None Available
Schultze Klinger A -- --
-- $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Wendalyn $78,750
Previous Owner Icrf Llc $36,000
Previous Owner Icrf Llc $10,072
Previous Owner Residential Reconstruction & Resale Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2018 01/12/18 Sold $105,000 +11.7% --
10/27/2017 10/27/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $94,000 +108.9% --
07/14/2016 07/14/16 Sold $45,000 -24.9% --
06/27/2016 06/27/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $59,900 -- --
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 $2,043 $77,800 $0 $0
2024 $2,043 $72,400 $0 $0
2023 $1,953 $64,100 $0 $0
2022 $1,926 $54,200 $0 $0
2021 $1,877 $48,900 $0 $0
2020 $1,814 $41,500 $0 $0
2019 $1,857 $34,800 $0 $0
2018 $1,558 $29,900 $0 $0
2017 $2,206 $25,200 $0 $0
2016 $1,196 $22,300 $0 $0
2015 $1,140 $22,300 $0 $0
2013 -- $20,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17049747

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-427-043