NOT LISTED FOR SALE

1112 Albers St SW Unit 2 Wyoming, MI 49509

Urbandale Neighborhood

Estimated Value: $233,000 - $259,000

4 Beds
1 Bath
-- Sq Ft
5,663 Sq Ft Lot

Last Sold October 01, 2019

Last sale price $135,000

Est. 80% increase in value since last sale

Current estimated payment $1,683/month

106 Days on Market

About This Home

As of October 2019

Great investor opportunity! Multi family home with a main level 2 bedroom; 1 bath renting for $750 and upper level is a 3 bedroom; 1 bath renting for $650. Both currently occupied.

Last Agent to Sell the Property

Ernesto Lopez

UBeHome Real Estate License #6502431420 Listed on: 05/21/2019

Last Buyer's Agent

Edgar Vazquez

Five Star Real Estate (Grandv) License #6501403181

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1925

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,500

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1925
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 144900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2500.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Oct 1, 2019
Sold by
Ponce Juan
Bought by
Vazquez Elsa
Seller's Agent
Ernesto Lopez
UBeHome Real Estate
Buyer's Agent
Edgar Vazquez
Five Star Real Estate (Grandv)
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Current Estimated Value
$242,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,809
Avg. Annual Appreciation
10.27%
Original Mortgage
$101,250
Outstanding Balance
$89,285
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$150,761

Purchase Details

Closed on
Jul 22, 2011
Sold by
Escudero Pedro Ponce
Bought by
Ponce Juan

Purchase Details

Closed on
Jun 8, 2011
Sold by
Chemical Bank
Bought by
Escudero Pedro Ponce

Purchase Details

Closed on
May 26, 2010
Sold by
Diaz Rios Pedro and Rios Margarita
Bought by
Chemical Bank

Purchase Details

Closed on
Feb 27, 2006
Sold by
Hernandez Rivas Jorge and Hernandez Rivas Esmeralda
Bought by
Diaz Rios Pedro and Rios Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 2, 2004
Sold by
Diaz Gildardo
Bought by
Hernandez Rivas Jorge and Hernandez Rivas Esmeralda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2003
Sold by
Diaz Agustin
Bought by
Diaz Gildardo

Purchase Details

Closed on
Aug 4, 1997
Bought by
Diaz Gildardo and Diaz Agustin

Purchase Details

Closed on
Sep 24, 1993
Bought by
Diaz Gildardo and Diaz Agustin
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
Vazquez Elsa $135,000 Chicago Title Of Mi Inc
Ponce Juan -- None Available
Escudero Pedro Ponce $20,550 Cfc Title Services Inc
Chemical Bank $101,173 None Available
Diaz Rios Pedro $130,000 None Available
Hernandez Rivas Jorge $125,000 Metropolitan Title Company
Diaz Gildardo -- --
Diaz Gildardo $78,500 --
Diaz Gildardo $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Elsa $101,250
Previous Owner Diaz Rios Pedro $123,500
Previous Owner Hernandez Rivas Jorge $118,750
Previous Owner Diaz Gildardo $110,774
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Sold $135,000 -9.9% --
09/04/2019 09/04/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $149,900 -- --
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 $4,317 $103,900 $0 $0
2024 $4,317 $101,000 $0 $0
2023 $4,322 $84,000 $0 $0
2022 $4,034 $70,900 $0 $0
2021 $3,937 $67,300 $0 $0
2020 $3,624 $55,700 $0 $0
2019 $2,261 $46,700 $0 $0
2018 $2,493 $41,400 $0 $0
2017 $2,435 $39,800 $0 $0
2016 $2,375 $38,300 $0 $0
2015 $2,354 $38,300 $0 $0
2013 -- $34,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ernesto Lopez

    Seller's Agent in 2019

    Ernesto Lopez

    UBeHome Real Estate

    (616) 502-9355

    3 in this area

    112 Total Sales

    Ernesto Lopez
    Section Image

  • E

    Buyer's Agent in 2019

    Edgar Vazquez

    Five Star Real Estate (Grandv)

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19021887

Southwestern Michigan Association of REALTORS®

APN: 41-17-02-402-010

Michigan Kent County Wyoming 49509 Urbandale

1112 Albers St SW Unit 2, Wyoming, MI

This home is located at 1112 Albers St SW Unit 2, Wyoming, MI 49509 since 21 May 2019 and is currently estimated at $242,809. This property was built in 1925. 1112 Albers St SW Unit 2 is a home located in Kent County with nearby schools including Godfrey Elementary School, Lee Middle & High School, and Potters House 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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