NOT LISTED FOR SALE

113 Elm St Paw Paw, MI 49079

Estimated Value: $133,000 - $219,000

-- Bed
1 Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold August 23, 2019

Last sale price $60,000

Est. 211% increase in value since last sale

Current estimated payment $1,162/month

258 Days on Market

About This Home

As of August 2019

Investment opportunity knocks! This two-unit home is in an ideal location in the Village of Paw Paw. Only a short walk to downtown festivals, restaurants and Maple Lake. Enjoy vintage charm with original moldings and staircase. There are some opportunities to build sweat equity!

Last Agent to Sell the Property

Amy Rose

Gale Realty, LLC License #6501408793 Listed on: 10/25/2018

Co-Listed By

Craig Rose

Gale Realty, LLC License #6501347261

Last Buyer's Agent

Bill Reed

Reed Realty License #6504137468

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 8,712

Parking

  • 4 Parking Spaces

Home Design

  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 8,712 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

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: 69900.0
  • Number of Buildings: 1
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2529.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2018
Closed on
Aug 23, 2019
Sold by
Laplante David N and Laplante Heidi C
Bought by
Murphy William O and Brown Jeffrey C
Seller's Agent
Amy Rose
Gale Realty, LLC
Buyer's Agent
Bill Reed
Reed Realty
List Price
$89,900
Sold Price
$60,000
Premium/Discount to List
-$29,900
-33.26%
Current Estimated Value
$186,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,585
Avg. Annual Appreciation
19.65%
Original Mortgage
$51,000
Outstanding Balance
$45,242
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$127,358

Purchase Details

Closed on
Mar 16, 2016
Sold by
Laplante Heidi C
Bought by
Laplante Living Trust
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
Murphy William O $60,000 Chicago Title Of Mi Inc
Laplante Living Trust -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy William O $51,000
Previous Owner Hall Judith K $25,000
Previous Owner Hall Judith K $43,000
Previous Owner Hall Judith K $30,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $60,000 -33.3% --
07/10/2019 07/10/19 Pending -- -- --
10/25/2018 10/25/18 For Sale $89,900 -- --
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 $1,586 $75,900 $0 $0
2023 $1,441 $67,000 $0 $0
2022 $2,600 $57,900 $0 $0
2021 $2,478 $66,600 $12,100 $54,500
2020 $2,295 $45,500 $12,100 $33,400
2019 $2,083 $44,900 $44,900 $0
2018 $2,591 $41,300 $41,300 $0
2017 $2,529 $44,700 $0 $0
2016 $2,184 $45,200 $0 $0
2015 $1,092 $45,200 $0 $0
2014 $1,073 $38,052 $0 $0
2013 -- $36,000 $36,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Amy Rose

    Gale Realty, LLC

    (269) 657-8140

    5 in this area

    167 Total Sales

    Amy Rose
    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Craig Rose

    Gale Realty, LLC

    (269) 580-1446

    2 in this area

    126 Total Sales

    Craig Rose
    Section Image

  • B

    Buyer's Agent in 2019

    Bill Reed

    Reed Realty

  • W

    Buyer's Agent in 2019

    William Reed

    Prudential Preferred, REALTORS

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18052425

Southwestern Michigan Association of REALTORS®

APN: 80-47-104-007-00

Michigan Van Buren County Paw Paw 49079

113 Elm St, Paw Paw, MI

This home is located at 113 Elm St, Paw Paw, MI 49079 since 25 October 2018 and is currently estimated at $186,585. This property was built in 1900. 113 Elm St is a home located in Van Buren County with nearby schools including Paw Paw Early Elementary School, Paw Paw Later Elementary School, and Paw Paw Middle 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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