NOT LISTED FOR SALE

119 E Main Hanover, MI 49241

Estimated Value: $175,000 - $235,000

-- Bed
-- Bath
-- Sq Ft
0.3 Acres

Last Sold May 08, 2015

Last sale price $62,000

Est. 216% increase in value since last sale

Current estimated payment $1,200/month

53 Days on Market

About This Home

As of May 2015

Spacious 2648 Square Foot Grand Victorian Home/Investment Property. This home is currently set up as a 4 unit income property with 2 units on the first floor and 2 on the second. Very well cared for & maintained by the same owners for 37 years. Updates include new vinyl siding (2001), furnaces (unit 1 - 12/09, unit 2 - 9/13, unit 4 - 11/08), new vinyl windows throughout (11/12), new pump & tank (2012), new plumbing throughout the basement (2013), new bathroom floors (units 1 & 2 in 2013), lower kitchen cabinets in units 2-4 (2007). Long term renters that are willing to consider staying if new owner is interested. Seller has never had to advertise if looking for a new renter, has always had word of mouth advertising & never goes without all units being occupied. Renters are responsible for

Last Agent to Sell the Property

Stephanie Bosanac

RE/MAX MID-MICHIGAN R.E. License #6501336455 Listed on: 02/26/2015

RE/MAX MID-MICHIGAN R.E.

Last Buyer's Agent

AMY GILPIN

Production Realty License #6501309873

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1880

Lot Details

  • 0.3

Utilities

  • Forced Air Heating System
  • Well
  • Septic System

Additional Features

  • Crawl Space
  • 0.3 Acre Lot

Community Details

  • Net Operating Income $17,400

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 60000.0
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Sq Ft: 13068.0

Rental Info

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

Multi Family

  • Net Operating Income: 17400.0

Tax Info

  • Tax Annual Amount: 1855.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2015
Closed on
May 12, 2015
Sold by
Ahlstrom Colleen B
Bought by
Heath Llc
Seller's Agent
Stephanie Bosanac
RE/MAX MID-MICHIGAN R.E.
Buyer's Agent
AMY GILPIN
Production Realty
Sold Price
$62,000
Current Estimated Value
$195,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,617
Avg. Annual Appreciation
12.02%

Purchase Details

Closed on
Jan 26, 2007
Sold by
Ahlstrom Paul A and Ahlstrom Colleen B
Bought by
Ahlstrom Colleen B and The Colleen B Ahlstrom Trust Agreement

Purchase Details

Closed on
Aug 20, 1993
Sold by
Perry Ralph and Perry Roselyn C
Bought by
Ahlstrom Paul A and Ahlstrom Colleen B
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
Heath Llc $62,000 At
Ahlstrom Colleen B -- None Available
Ahlstrom Paul A $27,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2015 05/08/15 Sold $62,000 -- --
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
2024 $1,943 $88,600 $0 $0
2022 $2,285 $67,800 $0 $0
2021 $522 $69,200 $0 $0
2020 $2,246 $54,800 $0 $0
2019 $2,195 $48,400 $0 $0
2018 $2,121 $44,900 $0 $0
2017 $2,037 $44,300 $0 $0
2016 $1,792 $46,400 $46,400 $0
2015 -- $41,200 $41,200 $0
2014 -- $36,700 $0 $0
2013 -- $36,700 $36,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Bosanac

    Seller's Agent in 2015

    Stephanie Bosanac

    RE/MAX Michigan

    (517) 990-0707

    498 Total Sales

    Stephanie Bosanac
    Section Image

  • A

    Buyer's Agent in 2015

    AMY GILPIN

    Production Realty

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21032770

Southwestern Michigan Association of REALTORS®

APN: 000-17-21-356-003-00

Michigan Jackson County Hanover 49241

119 E Main, Hanover, MI

This home is located at 119 E Main, Hanover, MI 49241 since 26 February 2015 and is currently estimated at $195,617. This property was built in 1880. 119 E Main is a home located in Jackson County with nearby schools including Hanover-Horton Elementary School, Hanover-Horton Middle School, and Hanover-Horton High 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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