NOT LISTED FOR SALE

Estimated Value: $354,000 - $396,000

5 Beds
3 Baths
-- Sq Ft
4,081 Sq Ft Lot

Last Sold December 18, 2020

Last sale price $230,000

Est. 64% increase in value since last sale

Current estimated payment $2,458/month

140 Days on Market

About This Home

As of December 2020

3 Family, all units are fully occupied with long term tenants. Monthly rental income is $2150. Main floor is 2 bedroom/ 1 bath with large family/dining room and living room. Driveway and garage is shared with upstairs tenant in Unit 3. Main floor has access to basement for storage and washer and dryer hookup. Two upper units have 1 bed/1bath. Front unit (2) is larger than back unit (3). Unit 2 has a parking place next to house. Tenants have their own window a/c units. 1 Furnace and Hot Water Heater. Updated electrical throughout.Owner/management does lawn care, gas and water (single meter) Tenants do electric, trash and snow removal.No showings without an accepted offer per tenants rights. Seller is licensed Broker in the State of Michigan.*24 hour notice for all showings*

Last Agent to Sell the Property

Kyle Geenen

Coldwell Banker Woodland Schmidt License #6506045834 Listed on: 06/17/2020

Coldwell Banker Woodland Schmidt

Last Buyer's Agent

Bria Hanneken

West Edge Real Estate LLC License #no data

West Edge Real Estate LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,401

Year Built

  • Built in 1873

Lot Details

  • 4,081 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • Aluminum Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,401

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1873
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 239900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4081.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 4401.31
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Dec 18, 2020
Sold by
Beach Street Properties Llc
Bought by
Boeve Machenry
Seller's Agent
Kyle Geenen
Coldwell Banker Woodland Schmidt
Buyer's Agent
Bria Hanneken
West Edge Real Estate LLC
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Current Estimated Value
$376,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,681
Avg. Annual Appreciation
10.85%
Original Mortgage
$225,834
Outstanding Balance
$201,418
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$175,263

Purchase Details

Listed on
Nov 1, 2017
Closed on
Jan 5, 2018
Sold by
Summer Fun Cottages
Bought by
Geeene Kyle and Geeene Chad
Seller's Agent
Gina Vis
HomeRealty, LLC
Buyer's Agent
Kyle Geenen
Coldwell Banker Woodland Schmidt
List Price
$179,900
Sold Price
$169,000
Premium/Discount to List
-$10,900
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Nov 1, 2007
Sold by
Kemp Gary G and Kemp Janet L
Bought by
Summer Fun Cottages Llc

Purchase Details

Closed on
Aug 5, 1980
Sold by
Kemp Gary
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
Boeve Machenry $230,000 Lakeshore Ttl Group Holland
Beach Street Properties Llc -- Lakeshore Ttl Group Holland
Geeene Kyle $169,000 Foundation Title Agency Llc
Summer Fun Cottages Llc -- None Available
-- $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boeve Machenry $225,834
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $230,000 -8.0% --
11/04/2020 11/04/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $249,900 +47.9% --
01/05/2018 01/05/18 Sold $169,000 -6.1% --
11/04/2017 11/04/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $179,900 -- --
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 $5,529 $167,900 $0 $0
2024 $5,368 $148,300 $0 $0
2023 $4,929 $134,600 $0 $0
2022 $4,929 $129,400 $0 $0
2021 $4,812 $94,200 $0 $0
2020 $4,434 $89,300 $0 $0
2019 $4,401 $72,000 $0 $0
2018 $2,584 $53,800 $0 $0
2017 $2,417 $53,800 $0 $0
2016 $2,417 $50,300 $0 $0
2015 $2,354 $48,200 $0 $0
2014 $2,354 $41,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20022554

Southwestern Michigan Association of REALTORS®

APN: 70-16-29-354-010