$1,000,000
SOLD DEC 10, 2024

1123 Alger St SW Wyoming, MI 49509

Urbandale Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.6 Acres

Recently Sold

17% Below List Price

27 Days on Market

Highlights

  • 0.6 Acre Lot
  • Corner Lot: Yes
  • Laundry Facilities
  • 1 Fireplace
  • Cooling System Mounted In Outer Wall Opening
  • High Speed Internet

About This Home

As of December 2024

1st time on the market w/this 1 owner Chicago Brick 8 Unit was Constructed in 1968. Features 8 units. 4 - 2 Bed-1 Bath units, 4 -1 Bed-1 Bath units. All units have a covered balcony, each unit offers storage in the 'full basement', coin operated washer/dryers, Each units offers electric range, tub/shower, a/c, radiant/boiler, great apartment space/layout 'floor plans' with the 'private' balcony. Interior access, stairs to each level. 2 Bed nearly 900 sq ft, 1 Bedroom nearly 800 sq ft. Carport, nice yard, very quiet street near Pinery Park, Wyoming City Hall, Police Department, 28th St. and all highways. Easy living location. Excellent location, wonderful condition, perfect investment.

Last Agent to Sell the Property

Todd Roesler

Coldwell Banker Schmidt Realtors License #6501352246 Listed on: 09/19/2024

Coldwell Banker Schmidt Realtors

Last Buyer's Agent

Christopher Williams

Michigan Top Producers License #6501387647

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,160

Year Built

  • Built in 1968

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 200 x 123
  • Corner Lot: Yes

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Siding

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 13 Parking Spaces
  • Carport
  • Driveway
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Mineral Rights Excluded

Community Details

  • 8 Units
  • Laundry Facilities
  • Operating Expense $31,600

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,160

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Concrete
  • List Price: 1200000.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway, Paved
  • Total Parking Spaces: 13.0
  • General Property Info:Total Parking Spaces: 13.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Radiant
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Water Available, Sewer Available, Storm Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.6
  • Lot Size Area: 0.6
  • Lot Dimensions: 200 X 123
  • Lot Size Sq Ft: 26136.0
  • Zoning Description: R 3
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas
  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 8
  • Operating Expense: 31600.0

Tax Info

  • Tax Annual Amount: 8160.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Feb 3, 2025
Sold by
Urena Hector and Estrella Hector Rafael
Bought by
1123 Alger St Llc
Seller's Agent
Todd Roesler
Coldwell Banker Schmidt Realtors
Buyer's Agent
Christopher Williams
Michigan Top Producers
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
Total Days on Market
27
Views
11
Current Estimated Value
$996,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,455
Avg. Annual Appreciation
-0.69%
Original Mortgage
$750,000
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 19, 2024
Closed on
Dec 10, 2024
Sold by
Bailey Linda R and Bailey Rommie D
Bought by
Estrella Hector Rafael Urena
Seller's Agent
Todd Roesler
Coldwell Banker Schmidt Realtors
Buyer's Agent
Christopher Williams
Michigan Top Producers
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2016
Sold by
Bailey Linda R
Bought by
Bailey Linda R and Bailey Rommie D

Purchase Details

Closed on
Aug 30, 2013
Sold by
Kolderman Lynn and Kolderman Linda L
Bought by
Bailey Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.29%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Lighthouse Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 FHA
Previous Owner $175,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Sold $1,000,000 -16.7% --
10/16/2024 10/16/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $1,200,000 -- --
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 $8,160 $216,600 $0 $0
2023 $7,812 $213,300 $0 $0
2022 $7,624 $205,800 $0 $0
2021 $7,441 $182,900 $0 $0
2020 $6,850 $160,800 $0 $0
2019 $7,084 $151,500 $0 $0
2018 $6,837 $143,400 $0 $0
2017 $6,677 $127,000 $0 $0
2016 $6,512 $104,700 $0 $0
2015 $6,453 $104,700 $0 $0
2013 -- $118,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Roesler

    Seller's Agent in 2024

    Todd Roesler

    Coldwell Banker Schmidt Realtors

    (616) 717-2226

    2 in this area

    45 Total Sales

    Todd Roesler
    Section Image

  • C

    Buyer's Agent in 2024

    Christopher Williams

    Michigan Top Producers

    (269) 222-2550

    3 in this area

    82 Total Sales

    Christopher Williams
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24049471

Southwestern Michigan Association of REALTORS®

APN: 41-17-11-252-034

Michigan Kent County Wyoming 49509 Urbandale

1123 Alger St SW, Wyoming, MI

This home is located at 1123 Alger St SW, Wyoming, MI 49509 and is currently priced at $1,000,000. This property was built in 1968. 1123 Alger St SW is a home located in Kent County with nearby schools including Oriole Park Elementary School, Wyoming Intermediate School, and Parkview Elementary 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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