NOT LISTED FOR SALE

116 W Thomas St Parchment, MI 49004

Burke Acres Neighborhood

Estimated Value: $188,879 - $224,000

Studio
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold May 01, 2012

Last sale price $105,000

Est. 94% increase in value since last sale

Current estimated payment $1,256/month

454 Days on Market

Highlights

  • 2 Fireplaces
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Corner Lot: Yes
  • Laundry Facilities
  • Wood Siding

About This Home

As of May 2012

NEW PRICE ON THIS PARCHMENT 3 UNIT- REMODELED/UPDATED & OCCUPIED Truly a great opportunity for an owner occupied rental property/investment in Parchment.(Currently is owner occupied)This property has been well taken care of with the current sellers making some very nice improvements.This 3 unit consists of 2-two bedroom,1 bath units & 1-one bedroom,1 bath unit.The property is contemporary looking & in very good shape both inside & out. Each unit also features private fenced in patio area & storage for tenants.The one bedroom unit features a full basement for laundry facilities, storage & utilities,the other 2 units have second floor laundry hook ups & storage rooms. Appliances staying refrigerator & range in each unit(washer & dryers are the tenants)Landlord charges lower than market rent s.Unit 1 is owner occupied.Unit #2 rents at $540 mo.Unit #3 is a 1 bedroom renting at $520 mo.(Owner pays tenants water/sewer & trash all other utilites are paid by the tenants.

Last Agent to Sell the Property

Ron Ekema

RE/MAX Advantage License #6501267174 Listed on: 06/30/2010

RE/MAX Advantage

Co-Listed By

Pamella Knapp

RE/MAX Advantage License #6501304748

Last Buyer's Agent

Ingrid Pagano

Jaqua, REALTORS License #6501325013

Jaqua, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Corner Lot: Yes

Home Design

  • Rubber Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Partial Basement

Parking

  • 6 Parking Spaces
  • Carport
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Internet Available
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1973
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 45.58
  • General Property Info:Lot Dimensions: 66X132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3805.0
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Roofing:Rubber: Yes
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 129900.0
  • Lot Features: Sidewalk, Corner Lot
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Carports: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66X132
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3805.0
  • Tax Year: 2010
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2012 05/01/12 Sold $105,000 -43.8% --
09/27/2011 09/27/11 Pending -- -- --
06/30/2010 06/30/10 For Sale $186,900 -- --
Source: MichRIC

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 $2,445 $94,500 $0 $0
2024 $2,442 $83,700 $0 $0
2023 $2,590 $74,300 $0 $0
2022 $2,743 $67,600 $0 $0
2021 $2,666 $60,100 $0 $0
2020 $2,614 $56,100 $0 $0
2019 $2,494 $52,800 $0 $0
2018 $2,417 $48,500 $0 $0
2017 -- $48,500 $0 $0
2016 -- $47,758 $0 $0
2015 -- $46,216 $0 $0
2014 -- $46,101 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ron Ekema

    Seller's Agent in 2012

    Ron Ekema

    RE/MAX Michigan

    (269) 323-9644

    1 in this area

    152 Total Sales

    Ron Ekema
    Section Image
  • Pamella Knapp

    Seller Co-Listing Agent in 2012

    Pamella Knapp

    RE/MAX Michigan

    (269) 720-8938

    15 in this area

    677 Total Sales

    Pamella Knapp
    Section Image

  • I

    Buyer's Agent in 2012

    Ingrid Pagano

    Jaqua, REALTORS

    Section Image
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Map

Source: MichRIC

MLS Number: 10029472

MichRIC

APN: 06-02-140-400

Michigan Kalamazoo County Parchment 49004 Burke Acres

116 W Thomas St, Parchment, MI

Not Listed for Sale

MultiFamily

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