NOT LISTED FOR SALE

Estimated Value: $158,000 - $190,943

3 Beds
3 Baths
863 Sq Ft
$209/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $145,000 $168 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,195/month

3 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 4-minute walk to Heritage Landing

About This Home

As of February 2022

Exceptional opportunity to grow your rental portfolio with this nicely renovated and fully rented duplex. One unit month to month gives you flexibility to occupy the property and enjoy the income flow from the other side. Property was completely gutted and remodeled 2 years ago with new windows, flooring, bathrooms, insulation, drywall, re-decked roof, new electrical wiring, and new furnaces. Fenced backyard, driveway, plus plenty of parking on quiet street. 6-year Certificate of Compliance good through 2026. Do not miss this unique opportunity of a turn-key investment property!

Last Agent to Sell the Property

Giuseppe Lupis

Greenridge Realty (EGR) Listed on: 01/08/2022

Last Buyer's Agent

Christopher Timmer

Keller Williams Harbortown License #6501401091

Keller Williams Harbortown

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,196

Year Built

  • Built in 1926

Lot Details

  • 7,623 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,196

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 149900.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7623.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1195.92
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2022
Closed on
Mar 21, 2022
Sold by
Christopher Timmer
Bought by
Jsk Property Group Llc
Seller's Agent
Giuseppe Lupis
Greenridge Realty (EGR)
Buyer's Agent
Christopher Timmer
Keller Williams Harbortown
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Current Estimated Value
$174,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,121
Avg. Annual Appreciation
4.72%
Original Mortgage
$108,750
Outstanding Balance
$101,748
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$68,474

Purchase Details

Listed on
Jan 8, 2022
Closed on
Feb 18, 2022
Sold by
Jc Adult Home Llc
Bought by
Timmer Chistopher
Seller's Agent
Giuseppe Lupis
Greenridge Realty (EGR)
Buyer's Agent
Christopher Timmer
Keller Williams Harbortown
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$101,748
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$68,474

Purchase Details

Listed on
Jan 8, 2022
Closed on
Jan 14, 2022
Sold by
F & N Properties Llc
Bought by
Jc Adult Home Llc
Seller's Agent
Giuseppe Lupis
Greenridge Realty (EGR)
Buyer's Agent
Christopher Timmer
Keller Williams Harbortown
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$101,748
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$68,474

Purchase Details

Closed on
Sep 14, 2018
Sold by
Atkins Franklin A and Atkins Nervilyn Jenkins
Bought by
F And N Properties Llc

Purchase Details

Closed on
Jun 7, 2018
Sold by
Atkins Nervilyn Fenkms
Bought by
Atkins Franklin Albreck and Atkins Nervilyn Jenkes

Purchase Details

Listed on
Oct 31, 2017
Closed on
Mar 9, 2018
Sold by
Tanko Llc
Bought by
Jenkins Atkins Nervilyn
Seller's Agent
Tammy Halterman Realtor
Five Star Real Estate
Buyer's Agent
Christopher Riebel
Success Realty West Michigan
List Price
$12,900
Sold Price
$8,000
Premium/Discount to List
-$4,900
-37.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.00%

Purchase Details

Listed on
Oct 31, 2017
Closed on
Feb 16, 2018
Sold by
City Of Muskegon A Municipal Corporation
Bought by
Tanko Llc
Seller's Agent
Tammy Halterman Realtor
Five Star Real Estate
Buyer's Agent
Christopher Riebel
Success Realty West Michigan
List Price
$12,900
Sold Price
$8,000
Premium/Discount to List
-$4,900
-37.98%

Purchase Details

Closed on
Jul 21, 2017
Sold by
Todd Cannon Of Msi Consulting Inc
Bought by
Tanko Llc and Blaze Enterprises Inc

Purchase Details

Closed on
Aug 23, 2012
Sold by
County Of Muskegon
Bought by
Msi Consulting Inc

Purchase Details

Closed on
Feb 24, 2006
Sold by
Brooks Elaine
Bought by
Brooks Rental Properties Iii Llc

Purchase Details

Closed on
Jul 7, 2005
Sold by
Holsworth Blkae E and Butorac Manya
Bought by
Brooks Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,300
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac
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
Jsk Property Group Llc -- None Listed On Document
Timmer Chistopher $145,000 Clearstream Title
Jc Adult Home Llc -- None Listed On Document
F And N Properties Llc -- None Available
Atkins Franklin Albreck -- None Available
Jenkins Atkins Nervilyn -- None Available
Tanko Llc -- None Available
Tanko Llc -- Attorney
Msi Consulting Inc $4,000 None Available
Brooks Rental Properties Iii Llc -- None Available
Brooks Elaine -- Harbor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timmer Chistopher $108,750
Previous Owner Brooks Elaine $28,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $145,000 -3.3% $168 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
01/08/2022 01/08/22 For Sale $149,900 +1773.8% $174 / Sq Ft
03/13/2018 03/13/18 Sold $8,000 -38.0% $9 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
10/31/2017 10/31/17 For Sale $12,900 -- $15 / Sq Ft
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 $2,907 $70,000 $0 $0
2024 $548 $54,800 $0 $0
2023 $524 $44,700 $0 $0
2022 $1,215 $33,100 $0 $0
2021 $1,196 $30,300 $0 $0
2020 $1,170 $24,500 $0 $0
2019 $802 $12,700 $0 $0
2018 $834 $13,200 $0 $0
2017 $763 $13,500 $0 $0
2016 $139 $13,100 $0 $0
2015 -- $12,500 $0 $0
2014 $137 $12,400 $0 $0
2013 -- $11,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22000692

Southwestern Michigan Association of REALTORS®

APN: 24-205-248-0001-00