NOT LISTED FOR SALE

113 E Chicago Rd White Pigeon, MI 49099

Estimated Value: $436,290

-- Bed
-- Bath
-- Sq Ft
0.27 Acres

Last Sold January 29, 2021

Last sale price $320,000

Est. 36% increase in value since last sale

Current estimated payment $2,780/month

1 Day on Market

About This Home

As of January 2021

This 8 unit building is a great investment opportunity for the savy investor. Excellent cash flow in an area with a high housing demand. Many recent upgrades by the current owner including a newer metal roof, furnaces and water heaters.

Last Agent to Sell the Property

Joshua Schirr

Susie Tucker Realty License #6501391795 Listed on: 12/15/2020

Last Buyer's Agent

Karissa Finnerman

Berkshire Hathaway HomeServices Michigan Real Estate License #6501386288

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,572

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot

Parking

  • 14 Parking Spaces

Home Design

  • Metal Roof

Utilities

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

Community Details

  • 8 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,572

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 315000.0
  • Number of Buildings: 1
  • Roof: Metal

Garage/Parking

  • Total Parking Spaces: 14.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 8

Tax Info

  • Tax Annual Amount: 3572.33
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Emel Holdings Llc
Bought by
Finrick Llc
Current Estimated Value
$436,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$496,135
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$83,127

Purchase Details

Listed on
Dec 15, 2020
Closed on
Jan 29, 2021
Sold by
Hostetler Jay
Bought by
Emel Holdings Llc
Seller's Agent
Joshua Schirr
Susie Tucker Realty
Buyer's Agent
Karissa Finnerman
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$240,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2007
Sold by
Johnson Gregory and Johnson Cynthia
Bought by
Hostetler Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2001
Sold by
Quinn Robert L and Quinn Janet M
Bought by
Johnson Gregory and Johnson Cynthia

Purchase Details

Closed on
Aug 26, 1987
Sold by
Strawser Richard W and Strawser Mary N
Bought by
Quinn Robert L and Quinn Janet M
Source: Public Records

Range of Values:

Collateral Analytics

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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
Finrick Llc -- None Listed On Document
Emel Holdings Llc $320,000 Accommodation
Hostetler Jay $160,000 Lawyers Title
Johnson Gregory $145,000 --
Quinn Robert L $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finrick Llc $500,000
Previous Owner Emel Holdings Llc $240,000
Previous Owner Hostetler Jay $170,000
Previous Owner Johnson Gregory $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $320,000 +1.6% --
12/16/2020 12/16/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $315,000 -- --
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
2025 $5,050 $158,600 $5,600 $153,000
2024 $2,356 $131,300 $5,600 $125,700
2023 $1,147 $124,100 $5,500 $118,600
2022 $1,092 $102,800 $5,500 $97,300
2021 $2,067 $58,000 $5,500 $52,500
2020 $3,484 $68,400 $5,500 $62,900
2019 $2,813 $71,900 $5,500 $66,400
2018 $3,276 $59,100 $5,500 $53,600
2017 $3,263 $61,700 $61,700 $0
2016 -- $66,400 $66,400 $0
2015 -- $60,700 $0 $0
2014 -- $60,300 $60,300 $0
2012 -- $66,300 $66,300 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joshua Schirr

    Susie Tucker Realty

  • K

    Buyer's Agent in 2021

    Karissa Finnerman

    Berkshire Hathaway HomeServices Michigan Real Estate

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20050674

Southwestern Michigan Association of REALTORS®

APN: 045-040-019-00

Michigan St. Joseph County White Pigeon 49099

113 E Chicago Rd, White Pigeon, MI

This home is located at 113 E Chicago Rd, White Pigeon, MI 49099 since 15 December 2020 and is currently estimated at $436,290. This property was built in 1900. 113 E Chicago Rd is a home located in St. Joseph County with nearby schools including White Pigeon Junior/Senior High School and Central 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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