NOT LISTED FOR SALE

Estimated Value: $135,000 - $161,000

4 Beds
2 Baths
1,258 Sq Ft
$119/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $137,000 $109 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $995/month

144 Days on Market

About This Home

As of February 2024

Your next investment awaits! Both units of this duplex have been freshly remodeled with new kitchen cabinets and counters, plus new flooring and paint throughout. The lower unit boasts three bedrooms and first-floor laundry hookups in the large bathroom. The upper unit offers one bedroom and new appliances. Both units are presently vacant, so investors can manage their own tenant placement, or a ''house hacker'' could even pick either unit to live in personally if they so choose. With so much new development within minutes, this location packs strong potential for the savvy investor. Don't wait!

Last Agent to Sell the Property

Tammy Jo Budzynski

Keller Williams GR North (Main) License #6506043034 Listed on: 09/12/2023

Keller Williams GR North (Main)

Last Buyer's Agent

Steven Hanson

Hanson Real Estate Group License #6502371304

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $852

Year Built

  • Built in 1900

Lot Details

  • 1,914 Sq Ft Lot
  • Lot Dimensions are 29x66

Parking

  • 1 Parking Space

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$852

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: 29x66
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 852.49
  • Tax Info:Zoning3: RT
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 149900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 29x66
  • Lot Size Sq Ft: 1914.0
  • Zoning Description: RT
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 852.49
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Feb 15, 2024
Sold by
Maffett Seven Properties Llc
Bought by
1079 1St Street Llc
Seller's Agent
Tammy Jo Budzynski
Keller Williams GR North (Main)
Buyer's Agent
Steven Hanson
Hanson Real Estate Group
List Price
$159,900
Sold Price
$137,000
Premium/Discount to List
-$22,900
-14.32%
Views
97
Current Estimated Value
$150,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,111
Avg. Annual Appreciation
4.92%
Original Mortgage
$108,000
Outstanding Balance
$106,299
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$41,422

Purchase Details

Closed on
Sep 20, 2022
Sold by
Bright David
Bought by
Maffett Seven Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,550
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jun 1, 2022
Sold by
Okijoncom Inc
Bought by
Bright David
Seller's Agent
Sandi Gentry
RE/MAX Lakeshore
Buyer's Agent
Tammy Jo Budzynski
Keller Williams GR North (Main)
List Price
$109,900
Sold Price
$70,000
Premium/Discount to List
-$39,900
-36.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.66%

Purchase Details

Closed on
Sep 29, 2006
Sold by
Dubrecht Llc
Bought by
Okijon Com Inc

Purchase Details

Closed on
Sep 20, 2006
Sold by
Davis Denice
Bought by
Dubrecht Llc

Purchase Details

Closed on
Sep 30, 2005
Sold by
Noordhoff Robert J and Noordhoff Judy R
Bought by
Davis Denice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,950
Interest Rate
5.88%
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
1079 1St Street Llc $137,000 Chicago Title Of Michigan
Maffett Seven Properties Llc -- --
Bright David $70,000 New Title Company Name
Okijon Com Inc $24,400 None Available
Dubrecht Llc $10,500 None Available
Davis Denice $15,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1079 1St Street Llc $108,000
Previous Owner Bright David $65,550
Previous Owner Davis Denice $13,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $137,000 -8.6% $109 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
09/22/2023 09/22/23 Price Changed $149,900 -6.3% $119 / Sq Ft
09/12/2023 09/12/23 For Sale $159,900 0.0% $127 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $159,900 +128.4% $127 / Sq Ft
06/03/2022 06/03/22 Sold $70,000 -29.9% $56 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/15/2022 04/15/22 Price Changed $99,900 -9.1% $79 / Sq Ft
03/30/2022 03/30/22 For Sale $109,900 -- $87 / 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 $2,198 $52,100 $0 $0
2024 $414 $43,000 $0 $0
2023 $396 $33,800 $0 $0
2022 $852 $23,700 $0 $0
2021 $858 $21,600 $0 $0
2020 $839 $18,700 $0 $0
2019 $824 $14,700 $0 $0
2018 $806 $12,800 $0 $0
2017 $782 $12,800 $0 $0
2016 $143 $12,100 $0 $0
2015 -- $13,000 $0 $0
2014 $157 $14,500 $0 $0
2013 -- $13,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23031600

Southwestern Michigan Association of REALTORS®

APN: 24-205-352-0010-00