NOT LISTED FOR SALE

Estimated Value: $296,000 - $360,000

5 Beds
3 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold August 01, 2013

Last sale price $115,000

Est. 190% increase in value since last sale

Current estimated payment $2,116/month

40 Days on Market

Highlights

  • 0.23 Acre Lot
  • High Speed Internet
  • 3-minute walk to Prospect Park
  • Forced Air Heating System

About This Home

As of August 2013

Info#6045 Great investment opportunity next to Prospect Park and near Black River School. The only rental in the quiet neighborhood. NEw roof and newer furnace could be owner occupied and can be purchased on a land contract. Monthly income is $1160. Seller is a licensed realtor.

Last Agent to Sell the Property

James Hulst

Woodland Realty Hudsonville Listed on: 06/05/2013

Last Buyer's Agent

James Hulst

Woodland Realty Hudsonville Listed on: 06/05/2013

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1924

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Insurance Expense $710
  • Maintenance Expense $800
  • Operating Expense $1,910
  • Gross Income $13,920
  • Net Operating Income $12,010

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Covered Entrance

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 116500.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10019.0

Rental Info

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

Multi Family

  • Gross Income: 13920.0
  • Insurance Expense: 710.0
  • Maintenance Expense: 800.0
  • Net Operating Income: 12010.0
  • Operating Expense: 1910.0

Tax Info

  • Tax Annual Amount: 3829.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2019
Sold by
Hulst Jim and Hulst Sharon L
Bought by
Cathey Ronald C and Cathey Sybil S
Current Estimated Value
$333,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,402
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2013
Closed on
Aug 1, 2013
Sold by
Hulst Jim and Hulst Sharon L
Bought by
Cathey Ronald C and Cathey Sybil S
Seller's Agent
James Hulst
Woodland Realty Hudsonville
Buyer's Agent
James Hulst
Woodland Realty Hudsonville
List Price
$116,500
Sold Price
$115,000
Premium/Discount to List
-$1,500
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%

Purchase Details

Closed on
Sep 26, 2001
Sold by
Vandewege Jason A
Bought by
Willink Willard and Willink Barbara

Purchase Details

Closed on
Apr 30, 1997
Sold by
Grose Stephen P
Bought by
Vandewege Jason A

Purchase Details

Closed on
May 27, 1992
Sold by
Grose Stephen P
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
Cathey Ronald C $115,000 Amrock Inc
Cathey Ronald C -- None Available
Willink Willard $133,000 --
Vandewege Jason A $112,000 --
-- $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cathey Marcus $15,001
Open Cathey Marcus $140,350
Closed Cathey Marcus $43,986
Closed Cathey Ronald C $92,402
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2013 08/01/13 Sold $115,000 -1.3% --
07/15/2013 07/15/13 Pending -- -- --
06/05/2013 06/05/13 For Sale $116,500 -- --
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 $3,505 $135,200 $0 $0
2024 $3,399 $135,200 $0 $0
2023 $6,348 $120,600 $0 $0
2022 $3,020 $104,100 $0 $0
2021 $2,934 $96,400 $0 $0
2020 $2,924 $85,300 $0 $0
2019 $2,926 $78,900 $0 $0
2018 $3,008 $59,500 $0 $0
2017 $3,162 $59,500 $0 $0
2016 $3,162 $59,200 $0 $0
2015 $2,822 $56,900 $0 $0
2014 $2,822 $53,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13032765

Southwestern Michigan Association of REALTORS®

APN: 70-16-32-258-012