NOT LISTED FOR SALE

112 S Mechanic St Berrien Springs, MI 49103

Estimated Value: $172,000 - $229,000

3 Beds
2 Baths
-- Sq Ft
4,500 Sq Ft Lot

Last Sold September 29, 2021

Last sale price $150,000

Est. 31% increase in value since last sale

Current estimated payment $1,348/month

73 Days on Market

Highlights

  • Central Air
  • Hot Water Heating System
  • High Speed Internet
  • Berrien Springs High School Rated A-

About This Home

As of September 2021

This home is located at 112 S Mechanic St, Berrien Springs, MI 49103 since 04 June 2021 and is currently estimated at $196,192. This property was built in 1900. 112 S Mechanic St is a home located in Berrien County with nearby schools including Mars Elementary School, Sylvester Elementary School, and Berrien Springs Middle School.

Last Agent to Sell the Property

Gbenga Jaiyeoba

Advanced Realty Global License #6501400138 Listed on: 06/04/2021

Last Buyer's Agent

Gbenga Jaiyeoba

Advanced Realty Global License #6501400138 Listed on: 06/04/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,376

Year Built

  • Built in 1900

Lot Details

  • 4,500 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Central Air
  • Window Unit Heating System
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,376

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

Exterior Features

  • List Price: 150000.0
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Window Unit(s), Central Air
  • Cooling: Yes
  • Heating: Hot Water
  • Heating: Yes
  • Utilities: Cable Connected, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4500.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2376.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Sep 29, 2021
Sold by
Schneider Catsy and Saraun Catsy
Bought by
Mbungu Joel
Seller's Agent
Gbenga Jaiyeoba
Advanced Realty Global
Buyer's Agent
Gbenga Jaiyeoba
Advanced Realty Global
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$196,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,192
Avg. Annual Appreciation
7.13%
Original Mortgage
$147,283
Outstanding Balance
$135,469
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$58,723

Purchase Details

Listed on
Aug 3, 2012
Closed on
Apr 5, 2013
Sold by
Peterson Connie S and Peterson Bernard C
Bought by
Saraun Catsy
Seller's Agent
Michelle Alger
Pier Realty
Buyer's Agent
Michelle Alger
The Home Source Group
List Price
$64,900
Sold Price
$45,000
Premium/Discount to List
-$19,900
-30.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%

Purchase Details

Closed on
Jan 2, 1992

Purchase Details

Closed on
May 1, 1976
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
Mbungu Joel $150,000 Chicago Title Of Mi Inc
Saraun Catsy $45,000 Multiple
-- $44,500 --
-- $37,900 --
-- $29,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mbungu Joel $25,000
Open Mbungu Joel $147,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $150,000 0.0% --
08/16/2021 08/16/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $150,000 +233.3% --
04/05/2013 04/05/13 Sold $45,000 -30.7% --
04/04/2013 04/04/13 Pending -- -- --
08/03/2012 08/03/12 For Sale $64,900 -- --
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 $3,105 $93,800 $0 $0
2024 $3,345 $69,700 $0 $0
2023 $3,668 $76,100 $0 $0
2022 $3,641 $74,600 $0 $0
2021 $3,086 $55,700 $0 $0
2020 $2,293 $52,200 $0 $0
2019 $2,346 $65,200 $2,400 $62,800
2018 $2,928 $65,200 $0 $0
2017 $2,028 $56,600 $0 $0
2016 $1,995 $52,300 $0 $0
2015 $1,996 $50,200 $0 $0
2014 $931 $51,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21021013

Southwestern Michigan Association of REALTORS®

APN: 11-32-0340-0071-00-9