NOT LISTED FOR SALE

Estimated Value: $218,762 - $244,000

5 Beds
3 Baths
-- Sq Ft
7,920 Sq Ft Lot

Last Sold August 17, 2012

Last sale price $71,400

Est. 222% increase in value since last sale

Current estimated payment $1,398/month

47 Days on Market

About This Home

As of August 2012

Land contract terms or 2nd mortgage available - we can be creative! 3-unit in a great, convenient location, within walking distance of quaint downtown Parchment. Duplex has main floor 2 BR, front porch. Nice sized bedrooms. Dining room. Nice kitchen. Upper unit is cozy. Back separate home pays own gas & electric; tenant has been there 16 years! Shingles in Fall 2007. Some new floor coverings.

Last Agent to Sell the Property

Jeff Bertolissi

Berkshire Hathaway HomeServices MI License #6502334351 Listed on: 05/30/2012

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Jeffrey Bertolissi

Prudential Preferred, REALTORS

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1920

Lot Details

  • 7,920 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 2 Buildings

Building Details

  • Insurance Expense $1,541
  • Gross Income $17,760

Property Details

Home Type

Apartment

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1920
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 74900.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7920.0

Rental Info

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

Multi Family

  • Gross Income: 17760.0
  • Insurance Expense: 1541.0

Tax Info

  • Tax Annual Amount: 2916.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2019
Sold by
Grevenstuk Garry J
Bought by
120 Oak Grove Llc
Current Estimated Value
$230,191

Purchase Details

Closed on
Oct 9, 2007
Sold by
Grevenstuk Garry J
Bought by
Grevenstuk Garry J and Janet C Grevenstuk Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
120 Oak Grove Llc $71,400 None Available
Grevenstuk Garry J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2012 08/17/12 Sold $71,400 -10.6% --
07/16/2012 07/16/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $79,900 -- --
Source: MichRIC

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 $2,467 $94,800 $0 $0
2024 $2,518 $81,300 $0 $0
2023 $3,040 $72,200 $0 $0
2022 $3,064 $65,900 $0 $0
2021 $3,024 $58,500 $0 $0
2020 $2,826 $56,100 $0 $0
2019 $2,683 $52,100 $0 $0
2018 $2,605 $42,000 $0 $0
2017 -- $42,000 $0 $0
2016 -- $38,760 $0 $0
2015 -- $37,606 $0 $0
2014 -- $35,942 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 12030045

MichRIC

APN: 06-02-154-140