NOT LISTED FOR SALE

110 Burgess Dr Galesburg, MI 49053

Estimated Value: $123,759 - $138,000

-- Bed
1 Bath
-- Sq Ft
10,498 Sq Ft Lot

Last Sold January 19, 2022

Last sale price $100,000

Est. 31% increase in value since last sale

Current estimated payment $812/month

16 Days on Market

About This Home

As of January 2022

Conveniently located duplex in the City of Galesburg with easy access to Battle Creek, Kalamazoo, I94. Both units are open floor plan 1 bedroom and 1 bath. Tenants pay gas/electric (separate furnace/AC/electric/hot water heater) and Owner pays garbage/water/sewer. Plenty of parking in the front of the building. Maintenance free Aluminum siding. Nice building if starting out in the rental business or wanting to add a building to your portfolio.

Last Agent to Sell the Property

Kim Williams

Five Star Real Estate License #6501362803 Listed on: 11/17/2021

Five Star Real Estate

Last Buyer's Agent

Chris Flach

Berkshire Hathaway HomeServices MI License #6501372615

Berkshire Hathaway HomeServices MI

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,836

Year Built

  • Built in 1950

Lot Details

  • 10,498

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Crawl Space
  • 10,498 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,836

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • List Price: 105000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10498.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1836.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Jan 19, 2022
Sold by
Terepost Investments
Bought by
Scheffler-Martin Apryl and Martin Rhane
Seller's Agent
Kim Williams
Five Star Real Estate
Buyer's Agent
Chris Flach
Berkshire Hathaway HomeServices MI
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%
Current Estimated Value
$130,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,940
Avg. Annual Appreciation
7.26%
Original Mortgage
$75,000
Outstanding Balance
$69,827
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$58,979

Purchase Details

Closed on
Jul 27, 2011
Sold by
Post Peter and Post Teresa
Bought by
Post Peter and Post Teresa
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
Scheffler-Martin Apryl $100,000 New Title Company Name
Terepost Investments -- Lievois Daniel P
Post Peter -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheffler-Martin Apryl $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $100,000 -4.8% --
12/03/2021 12/03/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $105,000 -- --
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 $1,170 $51,300 $0 $0
2024 $1,170 $45,900 $0 $0
2023 $1,115 $41,300 $0 $0
2022 $1,801 $35,400 $0 $0
2021 $1,836 $34,900 $0 $0
2020 $1,804 $32,200 $0 $0
2019 $1,675 $26,900 $0 $0
2018 $0 $30,500 $0 $0
2017 $0 $28,700 $0 $0
2016 -- $25,000 $0 $0
2015 -- $24,700 $0 $0
2014 -- $24,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21115475

Southwestern Michigan Association of REALTORS®

APN: 08-18-301-161