NOT LISTED FOR SALE

10593 Chicago Dr Zeeland, MI 49464

Estimated Value: $445,000 - $465,743

-- Bed
1 Bath
-- Sq Ft
1.1 Acres

Last Sold May 10, 2023

Last sale price $420,000

Est. 8% increase in value since last sale

Current estimated payment $3,068/month

8 Days on Market

Highlights

  • 1.1 Acre Lot
  • Wooded Lot
  • 4 Car Garage
  • New Groningen School Rated A
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of May 2023

Turn Key - Duplex - Fully updated, Fully Rented - Ready for an investor looking for a set it and forget it type investment or Beautiful owner occupant investment - Let your rental income pay your mortgage. Great backyard privacy, lots of off street parking to go with private 1 stall attached garage. ALL UTILITIES - including water are separate and each tenants pays their utilities. Check out the Kitchen and Baths - Solid surface countertops, Fantastic woodwork throughout entire unit. 10593 - Lease expires 01/02/2024, 10595 - Lease expires 12/22/2023. Offer deadline 04/10/2023 at 5pm.

Last Agent to Sell the Property

Bill Pearl

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6502386509 Listed on: 04/03/2023

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Last Buyer's Agent

Dave DeYoung

Coldwell Banker Woodland Schmidt License #6506043942

Coldwell Banker Woodland Schmidt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,712

Year Built

  • Built in 1989

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 60.72 x 602
  • Level Lot
  • Wooded Lot

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,712

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1989
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 199.8
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60.72 x 602
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 7712.17
  • Tax Info:Zoning3: R-2
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 400000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 1.1
  • Lot Size Area: 1.1
  • Lot Size Sq Ft: 47895.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 7712.17
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2024
Sold by
Steggerda Spencer John
Bought by
Sws Unlimited Llc
Current Estimated Value
$453,599

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 10, 2023
Sold by
Karnes Jonathon and Karnes Elizabeth
Bought by
Steggerda Spencer John
Seller's Agent
Bill Pearl
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Dave DeYoung
Coldwell Banker Woodland Schmidt
List Price
$400,000
Sold Price
$420,000
Premium/Discount to List
$20,000
5%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$303,750
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2021
Closed on
Mar 19, 2021
Sold by
Brandt Brian
Bought by
Karnes Jonathan and Karnes Elizabeth
Seller's Agent
Angela Hossink
@HomeRealty Holland
Buyer's Agent
Brad Ditmar
EXP Realty (Grand Rapids)
List Price
$279,900
Sold Price
$305,000
Premium/Discount to List
$25,100
8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.13%
Original Mortgage
$211,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2014
Sold by
Overbeek Jerry and Breuker Ronald
Bought by
Brandt Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sws Unlimited Llc -- None Listed On Document
Steggerda Spencer John $420,000 None Listed On Document
Karnes Jonathan $305,000 Foundation Title Agency Llc
Brandt Brian $130,000 Lighthouse Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steggerda Spencer John $303,750
Previous Owner Karnes Jonathan $211,000
Previous Owner Brandt Brian $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2023 05/10/23 Sold $420,000 +5.0% --
04/11/2023 04/11/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $400,000 +31.1% --
03/19/2021 03/19/21 Sold $305,000 +9.0% -- View Prior Sale
02/26/2021 02/26/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $279,900 -- --
Source: MichRIC

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 $8,202 $194,200 $0 $0
2024 $4,796 $160,600 $0 $0
2023 $4,412 $147,500 $0 $0
2022 $7,712 $151,100 $0 $0
2021 $4,081 $101,700 $0 $0
2020 $4,034 $97,000 $0 $0
2019 $3,271 $56,400 $0 $0
2018 $3,046 $77,000 $20,600 $56,400
2017 $3,004 $76,900 $0 $0
2016 $2,980 $78,200 $0 $0
2015 $2,940 $73,000 $0 $0
2014 $2,940 $69,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23009661

MichRIC

APN: 70-16-23-226-050