J
Seller's Agent in 2025
Joseph Keck-Dion
Core Realty Partners LLC
(231) 788-8481
2 in this area
9 Total Sales
1184 7th St Muskegon, MI 49440
Nelson Neighborhood
--
Bed
--
Bath
2,561
Sq Ft
3,920
Sq Ft Lot
About This Home
As of February 2025Discover a fantastic investment opportunity with this 4-unit apartment building located in the heart of downtown, just one block from Heritage Landing and the vibrant Muskegon shoreline. Each unit features a 1-bedroom, 1-bathroom layout, complete with hardwood floors and separate electric meters. Significant updates have been made, including a new boiler, water heater, and gas line. Most windows were replaced in 2006 with high-efficiency windows, enhancing comfort and energy savings. Additional amenities include shared laundry facilities in the full basement, which also offers ample storage space. Street parking adds convenience for tenants or guests. While much of the heavy lifting is done, there's still room to add your personal touch and complete remaining updates. Whether you're looking for a solid long-term rentals or envision transforming this into a tourist haven with short term rentals, this property offers incredible potential. Don't miss out on this downtown gem!
Last Agent to Sell the Property
Core Realty Partners LLC License #6501458305 Listed on: 01/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,083
Year Built
- Built in 1941
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 61 x 66 x 63 x 67
Parking
- 1 Parking Space
Home Design
- Brick Exterior Construction
Interior Spaces
- 1 Fireplace
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Natural Gas
- Radiant Heating System
- Phone Available
- Cable TV Available
Community Details
- 4 Units
Listing and Financial Details
- Tenant pays for electric
- The owner pays for water, sewer, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2025
Closed on
Feb 5, 2025
Sold by
Kolberg Carole Thedorff
Bought by
Vanhook Justin
Seller's Agent
Joseph Keck-Dion
Core Realty Partners LLC
Buyer's Agent
Troy Wasserman
Core Realty Partners LLC
List Price
$199,999
Sold Price
$200,000
Premium/Discount to List
$1
0.0%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,606
Avg. Annual Appreciation
6.35%
Original Mortgage
$100,000
Outstanding Balance
$99,665
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$104,941
Purchase Details
Closed on
Nov 13, 2024
Sold by
Swenson Lora
Bought by
Kolberg Carole Thedorff
Purchase Details
Closed on
Aug 14, 2008
Sold by
Medendorp David and Medendorp Erin
Bought by
Swenson Lora
Purchase Details
Closed on
Jul 11, 2008
Sold by
Medendorp David J
Bought by
Muskegon Commerce Bank
Purchase Details
Closed on
May 24, 2007
Sold by
May Property Management Llc
Bought by
Medendorp Dave and Collins Jerry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.22%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $95,000 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Sheriffs Deed | $74,000 | None Available | |
| Warranty Deed | -- | Harbor Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Closed | $100,000 | New Conventional | |
| Previous Owner | $38,000 | Credit Line Revolving | |
| Previous Owner | $108,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2025 02/05/25 | Sold | $200,000 | 0.0% | $78 / Sq Ft |
| 01/22/2025 01/22/25 | Pending | -- | -- | -- |
| 01/20/2025 01/20/25 | For Sale | $199,999 | -- | $78 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $3,187 | $103,000 | $0 | $0 |
| 2024 | $597 | $94,900 | $0 | $0 |
| 2023 | $571 | $74,300 | $0 | $0 |
| 2022 | $3,030 | $55,800 | $0 | $0 |
| 2021 | $2,877 | $50,800 | $0 | $0 |
| 2020 | $2,813 | $44,300 | $0 | $0 |
| 2019 | $1,601 | $35,000 | $0 | $0 |
| 2018 | $1,565 | $37,400 | $0 | $0 |
| 2017 | $1,516 | $37,400 | $0 | $0 |
| 2016 | $303 | $35,500 | $0 | $0 |
| 2015 | -- | $38,000 | $0 | $0 |
| 2014 | $297 | $33,200 | $0 | $0 |
| 2013 | -- | $31,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Keck-Dion
-
Troy Wasserman
Seller Co-Listing Agent in 2025
Troy Wasserman
Core Realty Partners LLC
(231) 766-7284
5 in this area
69 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25002324
APN: 24-205-323-0006-10
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.
Information is deemed reliable but not guaranteed.
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