NOT LISTED FOR SALE

1203 Rathbone St SW Unit 2 Wyoming, MI 49509

Urbandale Neighborhood

Estimated Value: $236,730 - $254,000

3 Beds
2 Baths
-- Sq Ft
5,520 Sq Ft Lot

Last Sold October 20, 2022

Last sale price $182,000

Est. 34% increase in value since last sale

Current estimated payment $1,819/month

78 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • 4-minute walk to Marquette Park

About This Home

As of October 2022

Nice sized apartments in decent repair. Popular Godfrey Lee area. Very good for opportunity for owner occupant. Nice large lot. Close to bus lines, shopping and McDonalds, etc.
No FHA or Sunday Showings.
Down: LR, Kit/EA, 3 Beds, Bath and back room, Rent $1450
UP: Lr, Kit/EA, 2 Beds, Bath. Rent $950
Alleyway behind subject, rear fence could be removed to create parking area

Last Listed By

Anthony DeBartolo

DeBartolo Realty - I License #6502353236 Listed on: 06/27/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1925

Lot Details

  • 5,520

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Space Heater
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 5,520 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,200

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 199900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Space Heater, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5520.0
  • Zoning Description: multi
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1200.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Oct 20, 2022
Sold by
Titus Jason
Bought by
Titus Homes Llc
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Anthony DeBartolo
DeBartolo Realty - I
List Price
$259,900
Sold Price
$182,000
Premium/Discount to List
-$77,900
-29.97%
Total Days on Market
78
Views
5
Current Estimated Value
$244,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,433
Avg. Annual Appreciation
12.47%
Original Mortgage
$135,000
Outstanding Balance
$131,048
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$113,385

Purchase Details

Closed on
Mar 23, 2012
Sold by
Ralston Thomas
Bought by
Kardos Derek

Purchase Details

Closed on
Nov 18, 2011
Sold by
Rettig Jett
Bought by
Grpm Llc

Purchase Details

Closed on
Oct 19, 2011
Sold by
Grpm Llc
Bought by
Ralston Thomas Boston

Purchase Details

Closed on
Oct 18, 2011
Sold by
Wilcox John and Wilcox Amanda
Bought by
Rettig Jeffrey

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
Titus Homes Llc -- --
Titus Jason $180,000 --
Kardos Derek -- Gr Title Llc
Grpm Llc $24,000 None Available
Ralston Thomas Boston $2,000 None Available
Rettig Jeffrey $18,000 Group Title Agency Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Titus Jason $135,000
Previous Owner Ralston Thomas Boston $137,550
Previous Owner Ralston Thomas Boston $63,422
Previous Owner Wilcox John $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $182,000 -9.0% --
09/13/2022 09/13/22 Pending -- -- --
08/25/2022 08/25/22 Price Changed $199,900 -11.1% --
08/18/2022 08/18/22 Price Changed $224,900 -4.3% --
07/26/2022 07/26/22 Price Changed $234,900 -6.0% --
07/12/2022 07/12/22 Price Changed $249,900 -3.8% --
06/27/2022 06/27/22 For Sale $259,900 -- --
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
2024 $5,483 $93,100 $0 $0
2023 $5,249 $77,800 $0 $0
2022 $1,435 $65,900 $0 $0
2021 $1,401 $62,600 $0 $0
2020 $1,290 $51,900 $0 $0
2019 $1,334 $43,800 $0 $0
2018 $1,807 $34,100 $0 $0
2017 $1,257 $30,400 $0 $0
2016 $1,226 $30,300 $0 $0
2015 $1,632 $30,300 $0 $0
2013 -- $18,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Anthony DeBartolo

    DeBartolo Realty - I

    (616) 459-3581

    4 in this area

    243 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22026421

Southwestern Michigan Association of REALTORS®

APN: 41-17-02-181-016

Michigan Kent County Wyoming 49509 Urbandale

1203 Rathbone St SW Unit 2, Wyoming, MI

Homes for Sale in Wyoming, MI

This home is located at 1203 Rathbone St SW Unit 2, Wyoming, MI 49509 since 27 June 2022 and is currently estimated at $244,433. This property was built in 1925. 1203 Rathbone St SW Unit 2 is a home located in Kent County with nearby schools including Godfrey Elementary School, Lee Middle & High School, and Potters House 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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