Seller's Agent in 2021
Debbie Floor
IREP ERA Powered
(269) 362-2599
123 Total Sales
Estimated Value: $115,000 - $170,000
2
Beds
2
Baths
--
Sq Ft
0.5
Acres
About This Home
As of June 2021This building was rebuilt from the outside walls in 2004. Everything from the framing in. Formally a three unit, remodeled into a two unit. Each unit has its own furnace and power vent water heaters, stackable washer/dryer units, refrigerator, stove and microwave. Laminate and ceramic flooring. High end Medallion cabinetry. Long term tenant in Unit 1 who pays $531/mo. Unit 2 is vacant, was rented for $550/mo. Separate gas and electric. Third electric meter is in place for the owner to pay the well electric bill. Water softener is maintained by Unit 2. 24 Hour Notice Required for showings. Possession subject to tenant rights. This property qualifies for Section 8 Housing. Lot is irregular and is 1/2 acre. Roof is 9 years old. Flat roof is newer.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,642
Year Built
- Built in 2004
Lot Details
- 0.5
Parking
- 4 Parking Spaces
Home Design
- Composition Roof
- Rubber Roof
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Natural Gas Connected
- Well
- Septic System
- Cable TV Available
Additional Features
- Crawl Space
- 0.5 Acre Lot
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2021
Closed on
Jun 28, 2021
Sold by
Schaap Chris
Bought by
Drep Investments Llc
Seller's Agent
Debbie Floor
IREP ERA Powered
Buyer's Agent
Devon Johnson
IREP ERA Powered
List Price
$99,000
Sold Price
$93,000
Premium/Discount to List
-$6,000
-6.06%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,379
Avg. Annual Appreciation
8.97%
Original Mortgage
$74,400
Outstanding Balance
$68,234
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$61,433
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Drep Investments Llc | $93,000 | Accommodation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Drep Investments Llc | $74,400 | |
| Previous Owner | Schaap Christopher | $71,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2021 06/28/21 | Sold | $93,000 | -6.1% | -- |
| 05/12/2021 05/12/21 | Pending | -- | -- | -- |
| 05/06/2021 05/06/21 | For Sale | $99,000 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $578 | $63,200 | $63,200 | $0 |
| 2023 | $551 | $51,600 | $0 | $0 |
| 2022 | $605 | $56,700 | $0 | $0 |
| 2021 | $1,661 | $50,700 | $0 | $0 |
| 2020 | $1,642 | $49,000 | $0 | $0 |
| 2019 | $1,566 | $47,100 | $0 | $0 |
| 2018 | $387 | $39,200 | $0 | $0 |
| 2017 | $379 | $35,300 | $0 | $0 |
| 2016 | $382 | $36,839 | $0 | $0 |
| 2015 | -- | $37,200 | $0 | $0 |
| 2011 | -- | $38,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie Floor
-
Devon Johnson
Buyer's Agent in 2021
Devon Johnson
IREP ERA Powered
(269) 362-2844
108 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 21015869
APN: 14-020-021-170-10
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