NOT LISTED FOR SALE

109 Burr Oak Dr Spring Arbor, MI 49283

Spring Arbor Neighborhood

Estimated Value: $187,267 - $286,000

-- Bed
-- Bath
-- Sq Ft
0.4 Acres

Last Sold December 20, 2018

Last sale price $142,900

Est. 65% increase in value since last sale

Current estimated payment $1,575/month

9 Days on Market

About This Home

As of December 2018

The Ideal Rental! Situated on a quiet street just off M-60/Spring Arbor Rd. This reliable rental has had consistent tenant occupancy for YEARS! Thinking of becoming a land lord or increasing your already stable Real Estate Portfolio? You NEED to see this Ranch style Duplex! Both units have 2 car garages, laundry in the unit and are intentionally designed to be low maintenance!

Last Agent to Sell the Property

Benjamin Kono

EXIT REALTY 1ST LLC License #6501407864 Listed on: 10/24/2018

Last Buyer's Agent

RICHARD PASCHACK

HOWARD HANNA REAL ESTATE SERVI License #6501075351

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 1972

Lot Details

  • 0.4

Additional Features

  • Crawl Space
  • 0.4 Acre Lot

Community Details

  • Burr Oak Subdivision
  • Net Operating Income $28,800

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,166

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 144900.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Size Sq Ft: 17424.0

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Net Operating Income: 28800.0

Tax Info

  • Tax Annual Amount: 2166.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Dec 20, 2018
Sold by
Poole Ernest J and Poole Joan K
Bought by
Mckee William Richard and Mckee Amber
Seller's Agent
Benjamin Kono
EXIT REALTY 1ST LLC
Buyer's Agent
RICHARD PASCHACK
HOWARD HANNA REAL ESTATE SERVI
Sold Price
$142,900
Total Days on Market
9
Current Estimated Value
$236,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,417
Avg. Annual Appreciation
7.46%
Original Mortgage
$107,175
Outstanding Balance
$71,792
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$156,663

Purchase Details

Closed on
Jul 13, 2005
Sold by
Poole Ernest J and Poole Joan K
Bought by
Poole Ernest J and Poole Joan K
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
Mckee William Richard $142,900 Midstate Title Agency Of Sou
Poole Ernest J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckee William Richard $107,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $142,900 -- --
11/02/2018 11/02/18 Pending -- -- --
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
2024 $3,154 $99,400 $0 $0
2023 $3,523 $91,000 $0 $0
2022 $4,541 $90,900 $0 $0
2021 $4,440 $85,570 $0 $0
2020 $4,384 $78,830 $0 $0
2019 $4,214 $74,900 $0 $0
2018 $2,197 $63,020 $10,380 $52,640
2017 $2,101 $65,120 $0 $0
2016 $1,559 $65,080 $65,080 $0
2015 $36,386 $60,700 $60,700 $0
2014 $36,386 $55,800 $55,800 $0
2013 -- $55,800 $55,800 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Benjamin Kono

    EXIT REALTY 1ST LLC

  • R

    Buyer's Agent in 2018

    RICHARD PASCHACK

    HOWARD HANNA REAL ESTATE SERVI

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21034923

Southwestern Michigan Association of REALTORS®

APN: 160-12-21-102-009-00

Michigan Jackson County Spring Arbor 49283 Spring Arbor

109 Burr Oak Dr, Spring Arbor, MI

This home is located at 109 Burr Oak Dr, Spring Arbor, MI 49283 since 24 October 2018 and is currently estimated at $236,317. This property was built in 1972. 109 Burr Oak Dr is a home located in Jackson County with nearby schools including Western High School and Trinity Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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