NOT LISTED FOR SALE

Estimated Value: $67,000 - $130,000

3 Beds
3 Baths
-- Sq Ft
4,835 Sq Ft Lot

Last Sold May 27, 2022

Last sale price $59,000

Est. 64% increase in value since last sale

Current estimated payment $674/month

143 Days on Market

About This Home

As of May 2022

INVESTMENT OPERTUNITY!! Come check out this 3 unit building with long term tenants in place. One tenant has been there over 17 years. Conviently located near downtown, bus lines and M-66. This unit also has 3 brank new furnaces just installed. Unit A has new carpet and a new bathroom vanity. Owner is selling other properties with 4 on this street. Contact listing agent for list of avilable properties. Owner is willing to bundle. Properties are currently managed by listing agent.

Last Agent to Sell the Property

Rebecca Spenelli

Pearse Realty, Inc. License #6501395920 Listed on: 12/10/2021

Co-Listed By

Beth Dunlap

Pearse Realty, Inc. License #6501331236

Last Buyer's Agent

Kase Knochenhauer

Keymark Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,165

Year Built

  • Built in 1895

Lot Details

  • 4,835 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 3 Units
  • Insurance Expense $547

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,165

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 84900.0
  • Number of Buildings: 1
  • 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
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4835.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 547.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1165.29
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
May 27, 2022
Sold by
Hp Seven Enterprises Llc
Bought by
Tee Kay Oh Llc
Seller's Agent
Rebecca Spenelli
Pearse Realty, Inc.
Buyer's Agent
Kase Knochenhauer
Keymark Realty
List Price
$84,900
Sold Price
$59,000
Premium/Discount to List
-$25,900
-30.51%
Current Estimated Value
$96,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,796
Avg. Annual Appreciation
15.17%

Purchase Details

Closed on
Mar 4, 2019
Sold by
Wilson Rentals Llc
Bought by
Hp Seven Enterprises Llc

Purchase Details

Closed on
Dec 19, 2012
Sold by
Wilson Rentals Llc
Bought by
Hp Seven Enterprises Llc

Purchase Details

Closed on
Aug 13, 1999
Bought by
Wilson Rentals L L C
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
Tee Kay Oh Llc $59,000 Ata National Title Group
Tee Kay Oh Llc $59,000 Ata National Title Group
Hp Seven Enterprises Llc $90,000 None Available
Hp Seven Enterprises Llc $90,000 None Available
Wilson Rentals L L C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tee Kay Oh Llc $243,675
Closed Hp Seven Enterprises Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $59,000 -30.5% --
05/02/2022 05/02/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $84,900 -- --
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 -- $37,100 $0 $0
2024 $1,730 $36,702 $0 $0
2023 $1,226 $37,223 $0 $0
2022 $871 $30,478 $0 $0
2021 $1,165 $21,700 $0 $0
2020 $1,152 $18,210 $0 $0
2019 $1,139 $18,645 $0 $0
2018 $1,139 $16,973 $393 $16,580
2017 $1,229 $21,000 $0 $0
2016 $1,226 $21,000 $0 $0
2015 $1,221 $18,997 $1,801 $17,196
2014 $1,221 $18,997 $1,801 $17,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21117950

Southwestern Michigan Association of REALTORS®

APN: 3870-00-206-0