NOT LISTED FOR SALE

105 Maple Ct Buchanan, MI 49107

Estimated Value: $167,000 - $207,638

4 Beds
2 Baths
-- Sq Ft
4,150 Sq Ft Lot

Last Sold October 29, 2021

Last sale price $120,000

Est. 57% increase in value since last sale

Current estimated payment $1,360/month

175 Days on Market

About This Home

As of October 2021

Looking for a great Investment Property in Buchanan? This is it! This 2 unit is low maintenance & has ample storage space and parking. It is currently rented for $700 / month for each unit. Tenants pay for electric & trash. Owners pay for gas & yard maintenance. City Water & Sewer hookups, separate electric meters and outside storage shed included.

Last Agent to Sell the Property

Tim O'Leary

Michigan Lake & Land LLC License #6504362071 Listed on: 09/07/2021

Last Buyer's Agent

Julie Capron

The Collective Home Group License #6502412001

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1897

Lot Details

  • 4,150 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection
  • The owner pays for gas

Property Details

Home Type

Apartment

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1897
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 124900.0
  • Number of Buildings: 1
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4150.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Gas
  • Tenant Pays: Trash Collection

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3712.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 25, 2021
Sold by
Narwhal Properties Llc
Bought by
Ni Wuqun
Seller's Agent
Tim O'Leary
Michigan Lake & Land LLC
Buyer's Agent
Julie Capron
The Collective Home Group
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Current Estimated Value
$188,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,160
Avg. Annual Appreciation
12.13%
Original Mortgage
$90,000
Outstanding Balance
$69,682
Interest Rate
2.15%
Mortgage Type
New Conventional
Estimated Equity
$118,478

Purchase Details

Closed on
Apr 29, 2019
Sold by
Binns Jr Fred L
Bought by
Narwhal Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 2019
Sold by
Binns Fred L
Bought by
Narwhal Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 1991

Purchase Details

Closed on
May 10, 1990

Purchase Details

Closed on
May 16, 1986

Purchase Details

Closed on
May 14, 1986

Purchase Details

Closed on
Aug 1, 1983

Purchase Details

Closed on
Feb 2, 1981
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
Ni Wuqun $120,000 Chicago Title Of Mi Inc
Narwhal Properties Llc $72,000 Mtc
Narwhal Properties Llc $72,000 Mtc
-- $46,000 --
-- $34,000 --
-- $27,900 --
-- $23,800 --
-- $23,800 --
-- $23,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ni Wuqun $90,000
Previous Owner Narwhal Properties Llc $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $120,000 -7.6% --
03/18/2021 03/18/21 For Sale $129,900 -- --
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 $4,340 $89,100 $0 $0
2024 $4,133 $86,600 $0 $0
2023 $3,970 $76,800 $0 $0
2022 $3,856 $68,600 $0 $0
2021 $3,746 $63,200 $2,700 $60,500
2020 $3,712 $62,600 $0 $0
2019 $2,661 $47,300 $1,700 $45,600
2018 $2,615 $47,300 $0 $0
2017 $2,564 $47,600 $0 $0
2016 $2,544 $45,900 $0 $0
2015 $2,539 $44,600 $0 $0
2014 $2,357 $43,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21008523

Southwestern Michigan Association of REALTORS®

APN: 11-58-4900-0010-00-5