NOT LISTED FOR SALE

107 Wood St Hart, MI 49420

Estimated Value: $165,000 - $295,000

-- Bed
-- Bath
-- Sq Ft
0.43 Acres

Last Sold November 06, 2020

Last sale price $110,000

Est. 111% increase in value since last sale

Current estimated payment $1,484/month

44 Days on Market

Highlights

  • 2 Fireplaces
  • Forced Air Heating System
  • Level Lot

About This Home

As of November 2020

Calling all investors-here is an opportunity not to be missed. This property features 2 separate buildings with 4 units total. Many updates have been recently completed. Conveniently located in downtown Hart and is walking distance to parks and schools. Large yard and plenty of parking space. Call today for more information!

Last Agent to Sell the Property

Katie Saunders

Coldwell Banker Woodland Schmidt-Hart License #6506048812 Listed on: 09/19/2020

Last Buyer's Agent

Calvin Roskam

Wickstra Realty, Inc. License #6501351112

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 108x150
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2 Fireplaces
  • Partial Basement

Accessible Home Design

  • Stepless Entry

Utilities

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

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for electric, trash collection, sewer
  • The owner pays for gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 108x150
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3326.0
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Slab: Yes
  • Accessibility Feat:No Step Entrance: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: No Step Entrance
  • Fireplaces: 2
  • Basement: Partial, Slab
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 120000.0
  • Lot Features: Level
  • Number of Buildings: 2
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Dimensions: 108x150
  • Lot Size Sq Ft: 18731.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Gas
  • Tenant Pays: Electric, Trash Collection, Sewer

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3326.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Nov 6, 2020
Sold by
Murphy Patrick J
Bought by
R & M Lakeshore Properties Llc
Seller's Agent
Katie Saunders
Coldwell Banker Woodland Schmidt-Hart
Buyer's Agent
Calvin Roskam
Wickstra Realty, Inc.
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%
Current Estimated Value
$231,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,646
Avg. Annual Appreciation
14.91%
Original Mortgage
$110,000
Outstanding Balance
$98,330
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$117,207

Purchase Details

Closed on
Jun 30, 2008
Sold by
Hodges Mark and Hodges Linda
Bought by
Murphy Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1999
Sold by
Craig and Hodges
Bought by
Craig and Hodges
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
R & M Lakeshore Properties Llc -- Oceana Land Title Agency Inc
Murphy Patrick J $98,785 Oceana Land Title Agency Inc
Craig $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R & M Lakeshore Properties Llc $110,000
Previous Owner Murphy Patrick J $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $110,000 -8.3% --
11/02/2020 11/02/20 Pending -- -- --
09/19/2020 09/19/20 For Sale $120,000 -- --
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
2025 $7,063 $168,900 $168,900 $0
2024 $3,187 $144,100 $144,100 $0
2023 $6,389 $126,700 $126,700 $0
2022 $6,389 $108,000 $0 $0
2021 $6,242 $104,400 $104,400 $0
2020 $3,361 $99,100 $99,100 $0
2019 $3,300 $85,900 $0 $0
2018 $3,174 $76,600 $0 $0
2017 $3,174 $65,900 $0 $0
2016 -- $52,100 $0 $0
2013 -- $53,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20039319

Southwestern Michigan Association of REALTORS®

APN: 020-594-002-00