NOT LISTED FOR SALE

115 W State St Scottville, MI 49454

Estimated Value: $149,139 - $204,000

-- Bed
-- Bath
-- Sq Ft
6,149 Sq Ft Lot

Last Sold July 23, 2021

Last sale price $115,000

Est. 50% increase in value since last sale

Current estimated payment $1,208/month

53 Days on Market

Highlights

  • High Speed Internet
  • Wood Siding
  • Wall Furnace

About This Home

As of July 2021

Fabulous Rental Investment! Great Opportunity to Own an already generating INCOME Property: 3 unit TRIPLEX property and has Generating income with increased potential.3-unit Apartment (TRIPLEX) 1 Bedroom Down (Front) $600/Mo; 1 Bedroom Down (Back) $575/Mo; 1 Bedroom Up $550/Mo. ALL 3 Units Are Currently GENERATING INCOME:RENTED: Upper and lower units are ALL 1 bedrooms, 1 bath. Well maintained, charming details, lovingly restored investment property! This spacious home was converted into a triplex. Lower unit contains (2) 1 bedroom/one bath units;Upper unit is a spacious 1 bedroom/1bath unit. Each unit was completely remodeled, new updated appliances, New Windows through most of property, New water Heater;Home professionally sealed, and NEW paint on the exterior (2020). NO LAPSE in rental ****WELL MAINTAINED TRIPLEX is Sitting on an extra large lot with designated parking for each unit. With Many Possibilities: This Property offers the opportunity to live in one Unit and lease the others or continue generating the income based potential.

Last Agent to Sell the Property

Michelle Hernandez Sarto

LIGHTHOUSE REALTY-Ludington License #6501400824 Listed on: 05/27/2021

Last Buyer's Agent

Lori Dickenson

LIGHTHOUSE REALTY-Ludington License #6501264017

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,196

Year Built

  • Built in 1895

Lot Details

  • 6,149 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • No Cooling
  • Wall Furnace
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,196

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 137000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Wall Furnace
  • Heating: Yes
  • Utilities: Cable Connected, Telephone Line, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6149.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2195.66
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2025
Sold by
Webster Jordan L
Bought by
Validation Capital Llc
Current Estimated Value
$172,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$135,000
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
$36,062

Purchase Details

Closed on
Jul 1, 2025
Sold by
Property Management Kj Llc
Bought by
Webster Jordan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$135,000
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
$36,062

Purchase Details

Closed on
Jan 13, 2023
Sold by
Fricke Nathan and Fricke Sarah
Bought by
Property Management Kj Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2022
Sold by
Munford Jordan and Carey Marilyn
Bought by
Fricke Nathan and Fricke Sarah

Purchase Details

Closed on
Jul 14, 2017
Sold by
Bevier Christopher G
Bought by
Munford Jordan and Cunic Marilyn

Purchase Details

Closed on
Jul 11, 2003
Sold by
Boitel Leonard and Boitel Jennifer
Bought by
Bevier Christopher G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
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
Validation Capital Llc $180,000 Lakeshore Land Title
Webster Jordan L $150,000 Lakeshore Land Title
Property Management Kj Llc $140,000 --
Fricke Nathan $115,000 Lakeshore Land Title
Munford Jordan $45,000 Western Land Title Agency
Bevier Christopher G $48,500 Metropolitan Title Company
Boitel Leonard $45,000 Metropolitan Title Company
-- $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Validation Capital Llc $135,000
Previous Owner Property Management Kj Llc $145,000
Previous Owner Fricke Nathan $0
Previous Owner Carey Marilyn J $0
Previous Owner Boitel Leonard $48,500
Closed Fricke Nathan $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $115,000 -42.5% --
05/27/2021 05/27/21 For Sale $199,900 -- --
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 $3,235 $59,900 $59,900 $0
2024 -- $51,000 $51,000 $0
2023 -- $48,700 $48,700 $0
2022 -- $44,100 $0 $0
2021 -- $38,900 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21019456

Southwestern Michigan Association of REALTORS®

APN: 052-122-024-10