NOT LISTED FOR SALE

Estimated Value: $183,060 - $248,000

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold June 02, 2017

Last sale price $25,000

Est. 764% increase in value since last sale

Current estimated payment $1,298/month

52 Days on Market

About This Home

As of June 2017

investment opportunity 2 units with separate utilities, 1 bedroom 1 bath upstairs and 1 bedroom 1 bath downstairs

Last Agent to Sell the Property

Javier Rodriguez

Lake Michigan Realty Mgmt License #6502394655 Listed on: 02/19/2017

Last Buyer's Agent

Rene Guzman

1st Advantage Realty License #6501383944

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 82x149x22x122

Parking

  • 3 Parking Spaces

Basement

  • Michigan Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 82x149x22x122
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1304.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 33900.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1304.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2017
Closed on
Apr 19, 2017
Sold by
Comerica Bank
Bought by
Salas Raquel A
Seller's Agent
Javier Rodriguez
Lake Michigan Realty Mgmt
Buyer's Agent
Rene Guzman
1st Advantage Realty
List Price
$33,900
Sold Price
$25,000
Premium/Discount to List
-$8,900
-26.25%
Current Estimated Value
$216,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,015
Avg. Annual Appreciation
29.51%

Purchase Details

Closed on
Oct 12, 2016
Sold by
Garcia Eclesciastes
Bought by
Comerica Bank

Purchase Details

Closed on
Jan 16, 2001
Sold by
Hernandez Arturo and Hernandez Lourdes
Bought by
Garcia Eclesciastes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,470
Interest Rate
7.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 12, 1997
Sold by
Hrnndz Ad and Hrnndz Art
Bought by
Hrnndz Art and Garcia Eclesciastes

Purchase Details

Closed on
Jul 23, 1997
Bought by
Hrnndz Ad and Garcia Eclesciastes

Purchase Details

Closed on
May 6, 1997

Purchase Details

Closed on
Dec 8, 1994
Sold by
First National Acceptance Company
Bought by
Hernandez Adalberta

Purchase Details

Closed on
Oct 17, 1991
Sold by
1St Hill L and 1St Ntl Accpt
Bought by
Garcia Eclesciastes

Purchase Details

Closed on
Apr 8, 1986
Bought by
Garcia Eclesciastes

Purchase Details

Closed on
Sep 30, 1982
Bought by
Garcia Eclesciastes

Purchase Details

Closed on
May 10, 1982
Bought by
Garcia Eclesciastes
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
Salas Raquel A $25,000 None Available
Comerica Bank $42,952 Attorney
Garcia Eclesciastes $51,000 First American Title Ins Co
Hrnndz Art -- --
Hrnndz Ad -- --
-- -- --
Hernandez Adalberta $15,000 First American Title Ins Co
Garcia Eclesciastes $15,000 --
Garcia Eclesciastes -- --
Garcia Eclesciastes $1,000 --
Garcia Eclesciastes $3,500 --
Garcia Eclesciastes $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Eclesciastes $49,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $25,000 -26.3% --
04/12/2017 04/12/17 Pending -- -- --
02/19/2017 02/19/17 For Sale $33,900 -- --
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 $1,827 $75,400 $0 $0
2024 $1,827 $66,900 $0 $0
2023 $1,813 $61,700 $0 $0
2022 $1,723 $52,000 $0 $0
2021 $1,679 $47,400 $0 $0
2020 $1,622 $41,200 $0 $0
2019 $1,610 $35,700 $0 $0
2018 $1,610 $30,400 $0 $0
2017 $935 $24,600 $0 $0
2016 $2,972 $22,200 $0 $0
2015 $2,471 $22,200 $0 $0
2013 -- $24,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17006175

Southwestern Michigan Association of REALTORS®

APN: 41-14-32-354-028