$47,000
SOLD SEP 30, 2013

120 W Exchange St Spring Lake, MI 49456

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Recently Sold

15% Below List Price

57 Days on Market

Highlights

  • Heating System Uses Steam
  • Wood Siding
  • 3-minute walk to Tanglefoot Park
  • Spring Lake High School Rated A-

About This Home

As of August 2016

Info# 4322 Great investment opportunity in the Village of Spring Lake. Live in 1/2 and rent the other unit or rent both for double the income. #1 Main floor unit offers 1 bed, 1 bath, living room, kitchen, slider with patio. #2 Main and Upper offers 2 beds, 1.5 bath, living room, dining room, kitchen and laundry. This is a FannieMae HomePath Property and it is eligible for HomePath Renovation Financing. Buyer to pay $150 rekey fee. Buyer to verify taxes/assessments/homestead status. This property is eligible under First Look Initiative. Offers from owner occupants as primary residence, non-profits, NSP grantees and community development organizations will be considered on day 4 according to the HomePath website. All other offers must wait until day 16. The attached REO Addendums MUST be completed & included with all offers in order to be submitted.

Last Agent to Sell the Property

Cindy Ellis

Vollmer Inc Muskegon Listed on: 07/17/2013

Last Buyer's Agent

Sandra Rezny

Coldwell Banker Woodland Schmidt Grand Haven License #6501211238

Coldwell Banker Woodland Schmidt Grand Haven

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1865

Home Design

  • Wood Siding

Utilities

  • Heating System Uses Steam
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 6,098 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Apartment

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1865
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 45000.0
  • Number of Buildings: 1

Utilities

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4130.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2024
Sold by
Hilliard Thomas E and Hilliard Lisa A
Bought by
Hilliard Thomas E and Hilliard Lisa A
Current Estimated Value
$358,154

Purchase Details

Listed on
Mar 30, 2016
Closed on
Aug 12, 2016
Sold by
House Of Lyrics Llc
Bought by
Hilliard Thomas E and Hilliard Lisa A
Seller's Agent
Sandra Rezny
Coldwell Banker Woodland Schmidt Grand Haven
Buyer's Agent
Kase Knochenhauer
Keymark Realty
List Price
$209,900
Sold Price
$199,000
Premium/Discount to List
-$10,900
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$159,200
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2013
Closed on
Sep 26, 2013
Sold by
Fannie Mae
Bought by
Cook Mary Ellen and Flahive Sheri
Seller's Agent
Cindy Ellis
Vollmer Inc Muskegon
Buyer's Agent
Sandra Rezny
Coldwell Banker Woodland Schmidt Grand Haven
List Price
$55,000
Sold Price
$47,000
Premium/Discount to List
-$8,000
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.34%

Purchase Details

Closed on
Nov 12, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 23, 2012
Sold by
Moran Patrick G and Moran Stacy A
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 31, 2007
Sold by
Moran Patrick G
Bought by
120 West Exchange Llc

Purchase Details

Closed on
Oct 14, 2005
Sold by
Rich John D and Rich Sandra K
Bought by
Moran Patrick G and Moran Stacy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,920
Interest Rate
5.82%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $199,000 Chicago Title Of Mi Inc
Deed $47,000 None Available
Quit Claim Deed -- None Available
Sheriffs Deed $78,923 None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $104,900 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $159,200 New Conventional
Previous Owner $83,920 New Conventional
Previous Owner $20,480 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $199,000 -5.2% $117 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $209,900 +346.6% $123 / Sq Ft
09/30/2013 09/30/13 Sold $47,000 -14.5% --
09/12/2013 09/12/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $55,000 -- --
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 $3,404 $138,900 $0 $0
2024 $2,797 $138,900 $0 $0
2023 $2,668 $126,800 $0 $0
2022 $3,037 $105,900 $0 $0
2021 $2,934 $100,000 $0 $0
2020 $2,934 $86,500 $0 $0
2019 $2,896 $77,900 $0 $0
2018 $2,750 $68,900 $15,100 $53,800
2017 $1,835 $68,400 $0 $0
2016 $2,114 $54,900 $0 $0
2015 -- $46,600 $0 $0
2014 -- $43,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandra Rezny

    Seller's Agent in 2016

    Sandra Rezny

    Coldwell Banker Woodland Schmidt Grand Haven

    (616) 638-5880

    57 Total Sales

    Sandra Rezny
    Section Image

  • K

    Buyer's Agent in 2016

    Kase Knochenhauer

    Keymark Realty

    (616) 405-8635

    141 Total Sales

    Kase Knochenhauer
    Section Image

  • C

    Seller's Agent in 2013

    Cindy Ellis

    Vollmer Inc Muskegon

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13042393

Southwestern Michigan Association of REALTORS®

APN: 70-03-15-385-001

Michigan Ottawa County Spring Lake 49456

120 W Exchange St, Spring Lake, MI

This home is located at 120 W Exchange St, Spring Lake, MI 49456 and is currently priced at $47,000. This property was built in 1865. 120 W Exchange St is a home located in Ottawa County with nearby schools including Spring Lake High School, West Michigan Academy of Arts & Academics, and Walden Green Montessori 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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