NOT LISTED FOR SALE

1111 S Mill Iron Rd Muskegon, MI 49442

Estimated Value: $286,775 - $364,000

5 Beds
3 Baths
2,247 Sq Ft
$145/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $185,000 $82 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,104/month

5 Days on Market

About This Home

As of November 2019

If you are looking for a Farmhouse style home on a nice size piece of property, this may be it! This Property has great earning potential & instant income coming in. You can live in 1 unit & have the renter cover your house payment. The main floor on the large house is a 3 bed 1 bath unit 1500 sq ft. It is large & roomy w/ Dishwasher & laundry hook up. Currently rented for $950/mth. Upstairs is the 2nd unit. 2 beds 1 bath 520 sq ft space that also has a dishwasher & washer hook up. Large kitchen, walk in closet, new flooring installed & fresh painted kitchen. Current rent is $795/mth. Large paved driveway. The barn is currently rented for $300/month. There is a fire pit & land w/ potential of splitting off another building lot behind the house.2 lots, can be split. Call for Showing

Last Agent to Sell the Property

David Medendorp

Medendorp Real Estate Group License #6502399695 Listed on: 09/05/2019

Last Buyer's Agent

Thomas Tabor

The Realty Connection Assoc License #6504206584

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 1916

Lot Details

  • 1.44

Parking

  • 12 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Well
  • Cable TV Available

Additional Features

  • Crawl Space
  • 1.44 Acre Lot

Community Details

  • 3 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,602

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1916
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 189900.0
  • Number of Buildings: 3
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 12.0

Utilities

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

Lot Info

  • Lot Size Acres: 1.44
  • Lot Size Area: 1.44
  • Lot Size Sq Ft: 62726.0
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4602.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Nov 8, 2019
Sold by
Swiftney Murray C
Bought by
Fisk Anthony
Seller's Agent
David Medendorp
Medendorp Real Estate Group
Buyer's Agent
Thomas Tabor
The Realty Connection Assoc
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Current Estimated Value
$325,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,694
Avg. Annual Appreciation
9.99%
Original Mortgage
$181,649
Outstanding Balance
$159,619
Interest Rate
3.65%
Mortgage Type
FHA
Estimated Equity
$166,075

Purchase Details

Closed on
Feb 21, 2014
Sold by
Muskegon County Michigan
Bought by
Cadlerock Iii Llc

Purchase Details

Closed on
May 30, 2012
Sold by
Swiftney Murray C
Bought by
Swiftney Murray C

Purchase Details

Closed on
Nov 18, 2008
Sold by
Success Enterprise Ltd
Bought by
Edf Enterprises Llc

Purchase Details

Closed on
Jan 16, 2007
Sold by
Swiftney Murray C
Bought by
Swiftney Murray C and Murray C Swiftney Trust

Purchase Details

Closed on
Feb 15, 2005
Sold by
Success Enterprise Ltd
Bought by
New Heart Community Church

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 3, 2005
Sold by
Swiftney Murray C
Bought by
Success Enterprise Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 7, 2003
Sold by
Singleton James L and Singleton Joyce M
Bought by
Swiftney Murray C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
8.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 11, 2003
Sold by
M C S Investments
Bought by
Swiftney Murray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
8.65%
Mortgage Type
Unknown
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
Fisk Anthony -- Lighthouse Title Inc
Cadlerock Iii Llc $5,000 Rei
Swiftney Murray C -- None Available
Edf Enterprises Llc -- None Available
Swiftney Murray C -- None Available
New Heart Community Church -- --
Success Enterprise Ltd -- --
Swiftney Murray C -- --
Swiftney Murray -- Lawyers Title Insurance Corp
Swiftney Murray -- --
Swiftney Murray C -- Harbor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisk Anthony $181,649
Previous Owner New Heart Community Church $63,000
Previous Owner Success Enterprise Ltd $150,000
Previous Owner Swiftney Murray $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2019 11/08/19 Sold $185,000 -2.6% $82 / Sq Ft
09/10/2019 09/10/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $189,900 -- $85 / 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 $4,757 $146,000 $0 $0
2024 $1,196 $135,000 $0 $0
2023 $1,144 $118,500 $0 $0
2022 $4,340 $103,300 $0 $0
2021 $4,220 $94,800 $0 $0
2020 $3,871 $88,700 $0 $0
2019 $2,461 $73,200 $0 $0
2018 $2,332 $67,800 $0 $0
2017 $2,282 $67,200 $0 $0
2016 $461 $61,300 $0 $0
2015 -- $58,800 $0 $0
2014 -- $41,900 $0 $0
2013 -- $38,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19043436

Southwestern Michigan Association of REALTORS®

APN: 10-025-100-0029-00