NOT LISTED FOR SALE

120 Park St Lakeview, MI 48850

Estimated Value: $460,550

-- Bed
-- Bath
-- Sq Ft
0.45 Acres

Last Sold November 02, 2018

Last sale price $290,000

Est. 59% increase in value since last sale

Current estimated payment $2,850/month

46 Days on Market

Highlights

  • 2 Fireplaces
  • Forced Air Heating and Cooling System
  • Level Lot
  • Lakeview Elementary School Rated 9+

About This Home

As of November 2018

Great investment opportunity in the Village of Lakeview! Apartment building with 4 separate apartments each featuring 2 beds/1.5 baths, kitchen, dining room, living room, central air, natural gas, and city sewer & water. Each apartment has a covered parking space in the carport, parking spot outside, and extra storage space in the garage. Each also includes refrigerator, range, washer & dryer, covered entrance, patio, and upper deck. The house has 2 beds/1 bath and features the same city amenities. Some fresh updates to the apartments include, paint, flooring, water heater, and more. Within walking distance or just minutes from shopping, dining, churches, and the city park. Tamarack Lake is within walking distance for a day of fishing or swimming.

Last Agent to Sell the Property

Mary Peacock

Peacock Real Estate License #6506044944 Listed on: 09/05/2018

Last Buyer's Agent

Marcy Myers

Your Team Realty License #6502324643

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1980

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 80x165x66x132
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2 Fireplaces
  • Basement

Parking

  • 10 Parking Spaces
  • Carport

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,000

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1980
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 80x165x66x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4000.0
  • General Property Info:Total _pound_ Units: 5
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Slab: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Slab

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 325000.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 10.0
  • General Property Info:Total Parking Spaces: 10.0
  • Extras:Carports: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.45
  • Lot Size Area: 0.45
  • Lot Dimensions: 80x165x66x132
  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 4000.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2021
Sold by
Mi Hm & Lnd Invst Llc
Bought by
Brugek Larry E and Brugel Sandra D
Current Estimated Value
$460,550

Purchase Details

Listed on
Sep 5, 2018
Closed on
Nov 2, 2018
Sold by
Hutting Robert N and Huttings Barbara K
Bought by
Clark Noell
Seller's Agent
Mary Peacock
Peacock Real Estate
Buyer's Agent
Marcy Myers
Your Team Realty
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Nov 8, 2003
Sold by
Hamilton Walter D and Hamilton Nina
Bought by
Huttinga Robert N and Huttinga Barbara K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brugek Larry E $10,300 None Available
Clark Noell $290,000 --
Huttinga Robert N $230,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $290,000 -10.8% --
10/21/2018 10/21/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $325,000 -- --
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
2025 $4,751 $99,400 $0 $0
2024 $4,724 $99,400 $0 $0
2023 -- $99,400 $0 $0
2022 -- $99,400 $0 $0
2021 -- $99,400 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2014 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18043767

Southwestern Michigan Association of REALTORS®

APN: 042-317-017-00