NOT LISTED FOR SALE

Estimated Value: $238,000 - $262,000

3 Beds
2 Baths
-- Sq Ft
5,750 Sq Ft Lot

Last Sold November 25, 2019

Last sale price $140,000

Est. 81% increase in value since last sale

Current estimated payment $1,693/month

15 Days on Market

About This Home

As of November 2019

Up-and-down 2-unit. Lower w/ 3-bedrooms, Upper w/ 2-bedrooms. Upper has nearly new furnace and duct work.

Lots of updates. Large, fenced back yard. Convenient location.

Upper tenant is month-to-month.
Lower- leased

Shown by appointment. 24-hour notice preferred.

Last Agent to Sell the Property

Eric Webster

Keller Williams Realty Rivertown Listed on: 09/24/2019

Last Buyer's Agent

Spencer Pratt

EXP Realty LLC License #6501398111

EXP Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,643

Year Built

  • Built in 1900

Lot Details

  • 5,750

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

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

Additional Features

  • Michigan Basement
  • 5,750 Sq Ft Lot

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Maintenance Expense $1,500
  • Manager Expense $1,440

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,643

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 149000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5750.0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Maintenance Expense: 1500.0
  • Manager Expense: 1440.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2643.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Nov 25, 2019
Sold by
1119 Albers Street Sw Llc
Bought by
Pratt Spencer R
Seller's Agent
Eric Webster
Keller Williams Realty Rivertown
Buyer's Agent
Spencer Pratt
EXP Realty LLC
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%
Current Estimated Value
$253,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,492
Avg. Annual Appreciation
10.62%
Original Mortgage
$137,464
Outstanding Balance
$122,314
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$127,872

Purchase Details

Listed on
Sep 25, 2014
Closed on
Nov 25, 2014
Sold by
Relph Brian and Reed Amy
Bought by
1119 Albers Street Sw Llc
Seller's Agent
Tiffany Ireland
Grand Rapids Realty
Buyer's Agent
Eric Webster
Eric S. Webster
List Price
$69,900
Sold Price
$67,000
Premium/Discount to List
-$2,900
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.78%
Original Mortgage
$46,900
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2014
Closed on
Nov 14, 2014
Sold by
Betty & Gayle Llc
Bought by
Relph Brian and Reed Amy
Seller's Agent
Tiffany Ireland
Grand Rapids Realty
Buyer's Agent
Eric Webster
Eric S. Webster
List Price
$69,900
Sold Price
$67,000
Premium/Discount to List
-$2,900
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,900
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2013
Sold by
Teamwork
Bought by
Betty & Gayle Llc

Purchase Details

Closed on
Jan 20, 2004
Sold by
Langerak Larry A and Langerak Renee L
Bought by
Teamwork
Source: Public Records

Range of Values:

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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
Pratt Spencer R $140,000 First American Title Ins Co
1119 Albers Street Sw Llc -- None Available
Relph Brian $67,000 River Valley Title
Betty & Gayle Llc -- None Available
Teamwork $49,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pratt Spencer R $7,192
Open Pratt Spencer R $137,464
Previous Owner Relph Brian $46,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $140,000 -6.0% --
10/09/2019 10/09/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $149,000 +122.4% --
11/14/2014 11/14/14 Sold $67,000 -4.1% --
09/30/2014 09/30/14 Pending -- -- --
09/25/2014 09/25/14 For Sale $69,900 -- --
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 $3,746 $101,300 $0 $0
2024 $3,746 $98,500 $0 $0
2023 $3,779 $81,800 $0 $0
2022 $3,516 $69,100 $0 $0
2021 $3,436 $65,600 $0 $0
2020 $3,129 $55,900 $0 $0
2019 $2,669 $46,800 $0 $0
2018 $2,576 $40,700 $0 $0
2017 $2,516 $36,900 $0 $0
2016 $2,454 $37,900 $0 $0
2015 $2,505 $37,900 $0 $0
2013 -- $37,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19046767

Southwestern Michigan Association of REALTORS®

APN: 41-17-02-401-017