NOT LISTED FOR SALE

Estimated Value: $271,353 - $335,000

-- Bed
-- Bath
-- Sq Ft
4,138 Sq Ft Lot

Last Sold September 22, 2017

Last sale price $187,500

Est. 68% increase in value since last sale

Current estimated payment $2,108/month

4 Days on Market

Highlights

  • Forced Air Heating System
  • 2 Car Garage
  • High Speed Internet

About This Home

As of September 2017

Great 2 unit home located in the desirable East Hills Neighborhood, walking distance to Fulton Street Farmers Market, parks, schools and downtown GR. This home had an extensive makeover in 2009, with all new wiring, plumbing, insulation, drywall, updated kitchens & baths, floor coverings, etc. Excellent rental history. Main floor unit has 3 bedrooms,1 bath & 2nd floor unit has 2 bedrooms,1 bath. Both units share the basement laundry area (washer & dryer included) & storage. All utilities are separate. Main floor has new hot water heater. Partially fenced in back yard for privacy & 2 stall garage currently used for storage with access off the alleyway. Vinyl sided for low maintenance. Both units come with all appliances, including refrigerator, gas stove and dishwasher.

Last Agent to Sell the Property

Julie Dodge

Success Realty West Michigan License #6501270915 Listed on: 08/19/2017

Last Buyer's Agent

Amanda McCracken

Ensley Real Estate- I License #6506046492

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 1890

Lot Details

  • 4,138 Sq Ft Lot
  • Lot Dimensions are 33 x 126

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,330

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 174900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4138.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2330.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2017
Closed on
Sep 22, 2017
Sold by
Larkin Stephen J and Larkin Josephine M
Bought by
Potts Brandon A
Seller's Agent
Julie Dodge
Success Realty West Michigan
Buyer's Agent
Amanda McCracken
Ensley Real Estate- I
List Price
$174,900
Sold Price
$187,500
Premium/Discount to List
$12,600
7.2%
Total Days on Market
4
Current Estimated Value
$315,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,338
Avg. Annual Appreciation
6.99%
Original Mortgage
$159,375
Outstanding Balance
$134,949
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$180,889

Purchase Details

Closed on
Nov 5, 2008
Sold by
Dodge Richard E and Dodge Julie
Bought by
Larkin Stephen J and Larkin Josephine

Purchase Details

Closed on
Jun 18, 2008
Sold by
Larkin Stephen J and Larkin Josephine M
Bought by
Dodge Richard E and Dodge Julia A

Purchase Details

Closed on
Aug 23, 2007
Sold by
First Nlc Financial Services
Bought by
Christiana Bank & Trust Co and The Security National Funding Trust

Purchase Details

Closed on
May 30, 2007
Sold by
First Nlc Financial Services
Bought by
Christiana Bank & Trust Co and Security National Funding Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2007
Sold by
Krieger Charles J and Krieger Joan M
Bought by
First Nlc Financial Services

Purchase Details

Closed on
Sep 22, 2005
Sold by
Fortuna Jeffrey
Bought by
Krieger Charles J and Krieger Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
9.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2005
Sold by
Ramirez Toby
Bought by
Fortuna Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
9.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1998
Sold by
Fortuna Fortuna J J and Fortuna Ramirez T
Bought by
Larkin Ramirez T and Larkin Stephen J Josephine

Purchase Details

Closed on
Sep 27, 1996
Sold by
Reeb Reeb K K and Reeb Fortuna J
Bought by
Larkin Fortuna J and Larkin Stephen J Josephine

Purchase Details

Closed on
Jul 20, 1995
Sold by
Ruano Ruano G G and Ruano Reeb K
Bought by
Larkin Reeb K and Larkin Stephen J Josephine

Purchase Details

Closed on
Jan 1, 1981
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
Potts Brandon A $187,500 None Available
Larkin Stephen J -- None Available
Dodge Richard E -- Metropolitan Title Company
Christiana Bank & Trust Co -- None Available
Christiana Bank & Trust Co -- None Available
First Nlc Financial Services $123,409 None Available
Krieger Charles J $85,000 Fatic
Fortuna Jeffrey M -- Fatic
Larkin Ramirez T $49,000 --
Larkin Fortuna J $30,000 --
Larkin Reeb K $30,600 --
-- $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potts Brandon A $159,375
Previous Owner Larkin Stephen J $142,176
Previous Owner Christiana Bank & Trust Co $117,000
Previous Owner Krieger Charles J $117,000
Previous Owner Krieger Charles J $104,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $187,500 +7.2% --
08/23/2017 08/23/17 Pending -- -- --
08/19/2017 08/19/17 For Sale $174,900 -- --
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
2024 $4,022 $123,000 $0 $0
2023 $3,844 $101,900 $0 $0
2022 $3,791 $92,300 $0 $0
2021 $3,694 $86,700 $0 $0
2020 $3,570 $83,100 $0 $0
2019 $3,656 $74,600 $0 $0
2018 $3,544 $66,900 $0 $0
2017 $2,254 $50,800 $0 $0
2016 $2,265 $50,400 $0 $0
2015 $2,158 $50,400 $0 $0
2013 -- $40,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17042125

Southwestern Michigan Association of REALTORS®

APN: 41-14-29-327-017