NOT LISTED FOR SALE

11656 S Shaver Rd Schoolcraft, MI 49087

Estimated Value: $376,141 - $424,000

-- Bed
-- Bath
-- Sq Ft
0.73 Acres

Last Sold May 15, 2015

Last sale price $166,000

Est. 135% increase in value since last sale

Current estimated payment $2,227/month

20 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Schoolcraft Middle School Rated A-
  • 6 Car Garage
  • Wood Siding

About This Home

As of May 2015

Excellent chance to acquire a modern TRIPLEX in one of the most accessible and visible areas south of Portage. This Triplex rents for $1,900/mo and is fully occupied. Units feature amenities that will appeal to any renter, such as attached 1-car garage, washer/dryer in unit, and rear patio/decks. The three units are metered and billed for utilities separately. Building was constructed in 1991 as a Triplex and is fully up to code. Building rent is currently under market average. Per Owner: building rents itself with nothing but a sign advertising available space, placed on Shaver Rd. Potential for owner/occupant FHA financing with very little down. Please call for more information.

Last Agent to Sell the Property

Nate Brussee

West Michigan, REALTORS License #6501371175 Listed on: 03/18/2015

Last Buyer's Agent

Kate Anderson

Berkshire Hathaway HomeServices MI License #6501326146

Berkshire Hathaway HomeServices MI

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 142 x 260

Parking

  • 6 Car Garage

Home Design

  • Brick or Stone Mason
  • Composition Roof
  • Wood Siding
  • Stone

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Stepless Entry

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1993
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 142 x 260
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4316.0
  • Tax Info:Zoning3: 401 - Residenti
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: 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
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: 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
  • Substructure:Walk Out: Yes
  • Accessibility Feat:No Step Entrance: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: No Step Entrance
  • Basement: Basement, Walk Out, Other

Exterior Features

  • Construction Materials: Wood Siding, Stone
  • List Price: 174900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Stone: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes
  • Unit 3:Garage6: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Broadband
  • Water Source: Well, Public
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.73
  • Lot Size Area: 0.73
  • Lot Size Sq Ft: 32000.0
  • Zoning Description: 401 - Residenti
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 4316.0
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2017
Sold by
Wiitanen Laura and Suhr Sterling
Bought by
Scott Jonathan N and Scott Teresa A
Current Estimated Value
$390,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Outstanding Balance
$90,335
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$282,055

Purchase Details

Listed on
Mar 18, 2015
Closed on
May 15, 2015
Sold by
Suhr Laura
Bought by
Suhr Laura and Suhr Sterling
Seller's Agent
Nate Brussee
West Michigan, REALTORS
Buyer's Agent
Kate Anderson
Berkshire Hathaway HomeServices MI
List Price
$175,000
Sold Price
$166,000
Premium/Discount to List
-$9,000
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$132,800
Interest Rate
3.68%
Mortgage Type
Commercial
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
Scott Jonathan N $215,000 Attorneys Title
Suhr Laura -- Devon Title Company
Suhr Laura $166,000 Devon Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Jonathan N $161,250
Previous Owner Suhr Laura $76,700
Previous Owner Suhr Laura $132,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $166,000 -5.1% --
04/07/2015 04/07/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $175,000 -- --
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 $1,198 $179,000 $0 $0
2024 $1,198 $165,000 $0 $0
2023 $1,142 $154,900 $0 $0
2022 $3,972 $112,700 $0 $0
2021 $3,310 $91,800 $0 $0
2020 $3,236 $85,800 $0 $0
2019 $2,808 $81,500 $0 $0
2018 $2,811 $81,600 $0 $0
2017 $0 $100,500 $0 $0
2016 -- $90,000 $0 $0
2015 -- $94,200 $15,800 $78,400
2014 -- $94,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15011213

Southwestern Michigan Association of REALTORS®

APN: 14-06-405-001