NOT LISTED FOR SALE

116 S Broadway St Middleville, MI 49333

Estimated Value: $215,000 - $303,000

-- Bed
-- Bath
-- Sq Ft
1,306 Sq Ft Lot

Last Sold July 24, 2015

Last sale price $112,750

Est. 119% increase in value since last sale

Current estimated payment $1,520/month

23 Days on Market

Highlights

  • Wooded Lot
  • Lee Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of July 2015

Hard To Find Rental Unit In The Village Of Middleville. Two Units, 3 Bedroom And Large One Bedroom. Both Units Have Been Completely Redecorated. The Main Floor Is Now Completed With New Windows, Carpet Paint And All New Kitchen With Appliances Upstairs Has New Furnace, Laundry Room, Living Room, Kitchen Bathroom And Large Bedroom. All New Roof Was On Unit You Will Not See A Unit In The Village That Owner Occupied And Great Unit upstairs to rent But There Is Alot Of Demand For Good Units For Rent With Bring You Positive Flow Rents Down is 750 And Up 650 Check It Out Today.

Last Agent to Sell the Property

David DeBruyn

Greenridge Realty (Kentwood) License #6506044808 Listed on: 06/16/2015

Last Buyer's Agent

Mitchell Koster

Five Star Real Estate (Allendale) License #6501200951

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,852

Year Built

  • Built in 1901

Lot Details

  • 1,306 Sq Ft Lot
  • Lot Dimensions are 64x136
  • Wooded Lot

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Michigan Basement

Parking

  • 6 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,852

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1901
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 64x136
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1852.0
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 119500.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Sq Ft: 1306.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1852.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2015
Closed on
Jul 24, 2015
Sold by
Wiersum Charles and Wiersum Janie
Bought by
Mrj Properties Of West Michigan Llc
Seller's Agent
David DeBruyn
Greenridge Realty (Kentwood)
Buyer's Agent
Mitchell Koster
Five Star Real Estate (Allendale)
List Price
$119,500
Sold Price
$112,750
Premium/Discount to List
-$6,750
-5.65%
Current Estimated Value
$246,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,181
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Sep 25, 2008
Sold by
Reigler Randall
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Jan 4, 2006
Sold by
Reid Ted L and Reid Heidi
Bought by
Reigler Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
8.3%
Mortgage Type
Fannie Mae Freddie Mac
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
Mrj Properties Of West Michigan Llc $112,750 None Available
Lasalle Bank Na $30,600 None Available
Reigler Randall $109,000 Advantgage Title & Escrow Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reigler Randall $87,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $112,750 -5.6% --
07/09/2015 07/09/15 Pending -- -- --
06/16/2015 06/16/15 For Sale $119,500 -- --
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 $2,700 $97,000 $0 $0
2024 $2,700 $88,800 $0 $0
2023 $617 $67,700 $0 $0
2022 $617 $67,700 $0 $0
2021 $2,471 $62,700 $0 $0
2020 $2,417 $55,200 $0 $0
2019 $2,417 $53,500 $0 $0
2018 $2,327 $48,500 $9,700 $38,800
2017 $2,327 $48,500 $0 $0
2016 -- $37,000 $0 $0
2015 -- $32,900 $0 $0
2014 -- $32,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15021413

Southwestern Michigan Association of REALTORS®

APN: 41-057-005-00