NOT LISTED FOR SALE

1160 W Laketon Ave Unit 2 Muskegon, MI 49441

Nims Neighborhood

Estimated Value: $211,000 - $233,000

3 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold February 24, 2017

Last sale price $41,500

Est. 424% increase in value since last sale

Current estimated payment $1,414/month

18 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Wood Siding

About This Home

As of February 2017

2 nice apartments. The lower is 2 bedrooms with a basement the upper is a 1 bedroom .there are newer windows through out Vinyl siding.There is a 1 stall garage a drive way off Laketon and gravel parking off the alley. rents are 400 and 600

Last Agent to Sell the Property

David Medendorp

Medendorp Real Estate Group License #6502399695 Listed on: 01/26/2017

Last Buyer's Agent

Thomas Serio

Real Estate West License #6502431119

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 55x122
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Unpaved Driveway

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $560
  • Maintenance Expense $1,290
  • Utility Expense $745
  • Gross Income $12,000

Property Details

Home Type

Multi-Family

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 55x122
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 2038.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: 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
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Heat Type:Radiant: Yes
  • Extras:Sep Gas Meter: Yes
  • Driveway:Shared Unpaved: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Other

Exterior Features

  • Construction Materials: Wood Siding, Block
  • List Price: 45000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Radiant, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 12000.0
  • Insurance Expense: 560.0
  • Maintenance Expense: 1290.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2038.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2019
Sold by
Sunset Investment Properties Llc
Bought by
Becker Douglas
Current Estimated Value
$217,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2017
Closed on
Feb 24, 2017
Sold by
Vanderwest Kenneth C and Vanderwest Shirley M
Bought by
Sunset Investment Properties Llc
Seller's Agent
David Medendorp
Medendorp Real Estate Group
Buyer's Agent
Thomas Serio
Real Estate West
List Price
$45,000
Sold Price
$41,500
Premium/Discount to List
-$3,500
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.60%

Purchase Details

Closed on
Feb 25, 2008
Sold by
Hud
Bought by
Vanderwest Family Trust

Purchase Details

Closed on
Jan 23, 2007
Sold by
Gmac Mortgage Corp
Bought by
U S Department Of Hud

Purchase Details

Closed on
Jul 26, 2006
Sold by
Salazar Tressie
Bought by
Mortgage Electronic Registration Systems
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
Becker Douglas -- None Available
Sunset Investment Properties Llc $41,500 None Available
Vanderwest Family Trust $26,500 None Available
U S Department Of Hud -- Parks Title
Gmac Mortgage Corp -- Parks Title
Mortgage Electronic Registration Systems $72,987 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becker Douglas $102,900
Closed Becker Douglas $88,000
Previous Owner Sunset Investments Properties Llc $50,000
Previous Owner Sunset Investment Properties Llc $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2017 02/24/17 Sold $41,500 -7.8% --
02/13/2017 02/13/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $45,000 -- --
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 $2,550 $94,200 $0 $0
2024 $564 $76,900 $0 $0
2023 $539 $67,300 $0 $0
2022 $2,740 $55,200 $0 $0
2021 $2,696 $48,200 $0 $0
2020 $2,637 $41,800 $0 $0
2019 $2,329 $36,900 $0 $0
2018 $2,349 $37,200 $0 $0
2017 $1,978 $34,200 $0 $0
2016 $371 $32,600 $0 $0
2015 -- $33,400 $0 $0
2014 $364 $33,100 $0 $0
2013 -- $31,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Medendorp

    Seller's Agent in 2017

    David Medendorp

    Medendorp Real Estate Group

    (231) 206-3367

    12 in this area

    348 Total Sales

    David Medendorp
    Section Image
  • Thomas Serio

    Buyer's Agent in 2017

    Thomas Serio

    Real Estate West

    (231) 286-0102

    16 in this area

    473 Total Sales

    Thomas Serio
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17002905

Southwestern Michigan Association of REALTORS®

APN: 24-205-519-0015-00

Michigan Muskegon County Muskegon 49441 Nims

1160 W Laketon Ave Unit 2, Muskegon, MI

This home is located at 1160 W Laketon Ave Unit 2, Muskegon, MI 49441 since 26 January 2017 and is currently estimated at $217,422. This property was built in 1900. 1160 W Laketon Ave Unit 2 is a home located in Muskegon County with nearby schools including Muskegon Catholic Central School and St. Michael 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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