NOT LISTED FOR SALE

108 S Park St Spring Lake, MI 49456

Estimated Value: $271,000 - $349,000

2 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold November 26, 2014

Last sale price $95,000

Est. 233% increase in value since last sale

Current estimated payment $1,962/month

7 Days on Market

Highlights

  • Forced Air Heating System
  • Baseboard Heating
  • 1-minute walk to Tanglefoot Park
  • Spring Lake High School Rated A-

About This Home

As of November 2014

Great location in the heart of Spring Lake! Close to the Grand River public access and downtown. This unique property has many possibilities. It is being used currently as an income property producing $1300 a month. It can easily be converted to a single family as the original stair case is intact. It also has commercial and summer cottage weekly rental potential. Down unit is very spacious with new kitchen and new stainless steel appliances. Main floor laundry and charming enclosed side porch. Beautiful hardwood floors, updated bath. Upstairs is cute and cozy. New vinyl and paint throughout house, new exterior doors. Exterior trim just painted as well.

Last Agent to Sell the Property

Mark Gleason

Coldwell Banker Woodland Schmidt Grand Haven License #6502367595 Listed on: 11/07/2014

Coldwell Banker Woodland Schmidt Grand Haven

Co-Listed By

Kim Gleason

Coldwell Banker Woodland Schmidt Grand Haven License #6501271019

Last Buyer's Agent

Mark Gleason

Coldwell Banker Woodland Schmidt Grand Haven License #6502367595 Listed on: 11/07/2014

Coldwell Banker Woodland Schmidt Grand Haven

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x110

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Water Meter
  • Shared Water Meter
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 55.5
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60x110
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2640.0
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: 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:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Walk Out: Yes
  • Heat Type:Baseboard: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Walk Out

Exterior Features

  • List Price: 99900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Grand River
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

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

Utilities

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

Association/Amenities

  • Water Fea Amenities:Public Access 1 Mile or Less: Yes

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2640.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Optimistic Properties Llc
Bought by
108 S Park Street Llc
Current Estimated Value
$316,724

Purchase Details

Listed on
Nov 7, 2014
Closed on
Nov 26, 2014
Sold by
Vandenberg Robyn
Bought by
Optimistic Properties Llc
Seller's Agent
Mark Gleason
Coldwell Banker Woodland Schmidt Grand Haven
Buyer's Agent
Mark Gleason
Coldwell Banker Woodland Schmidt Grand Haven
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%

Purchase Details

Closed on
Oct 7, 2005
Sold by
Highstreet Lisa
Bought by
Vandenberg Robyn

Purchase Details

Closed on
Jan 15, 2003
Sold by
Bank One Na
Bought by
Dewitt Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,767
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
108 S Park Street Llc -- None Listed On Document
Optimistic Properties Llc -- Lighthouse Title Inc
Vandenberg Robyn $64,000 --
Dewitt Lisa R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dewitt Lisa R $63,767
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Sold $95,000 -4.9% --
11/14/2014 11/14/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $99,900 -- --
Source: MichRIC

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 $3,551 $120,800 $0 $0
2024 $34 $121,400 $0 $0
2023 $3,270 $110,500 $0 $0
2022 $3,508 $89,900 $0 $0
2021 $3,392 $85,500 $0 $0
2020 $3,377 $68,000 $0 $0
2019 $3,327 $60,100 $0 $0
2018 $3,188 $58,800 $0 $0
2017 $2,534 $58,800 $0 $0
2016 $2,523 $56,200 $0 $0
2015 -- $53,100 $0 $0
2014 -- $46,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 14061665

MichRIC

APN: 70-03-15-361-005

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