NOT LISTED FOR SALE

Estimated Value: $283,000 - $304,000

6 Beds
3 Baths
-- Sq Ft
9,017 Sq Ft Lot

Last Sold September 20, 2024

Last sale price $289,000

Est. 1% increase in value since last sale

Current estimated payment $1,677/month

6 Days on Market

Highlights

  • 0.21 Acre Lot
  • Window Unit Cooling System
  • Wood Siding
  • 1 Fireplace
  • Hot Water Heating System

About This Home

As of September 2024

Excellent set-up and location for this 3067 sq ft 3 unit home. The first unit is about 1100 sq. ft with 3 bedrooms and 1 bath. The second unit is about 1000 sq ft with 2 bedrooms and 1 bath. The third unit is about 967 sq. ft with 1 bedroom and 1 bath. The roof had a complete tear off with new decking in 2014; electric was updated in 2011; 2 new water heaters in 2018. One water heater is for the basement and first floor while the second covers the 2nd and 3rd floor units. There are a/c window units for each rental. The boiler was taken apart, cleaned, and serviced in the fall of 2023. A sensor was added to regulate the amount of heat in the burner. The 1st and 2nd floor are on one zone with thermostat and the 3rd floor has its own zone with thermostat.In 2009 the back porch was enclosed and redone with siding and roof added. The certification is good until December 31, 2027. Ideal property with a parcel of land behind the home that was purchased by an individual to maintain a wooded buffer between Western University and the home.

Last Agent to Sell the Property

Holly Hollett

Chuck Jaqua, REALTOR License #6501313259 Listed on: 08/08/2024

Chuck Jaqua, REALTOR

Last Buyer's Agent

Logan Laperriere

Keller Williams GR East License #6501446085

Keller Williams GR East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,441

Year Built

  • Built in 1900

Lot Details

  • 9,017 Sq Ft Lot
  • Lot Dimensions are 82x110

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Partial Basement
  • Laundry in Basement
  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,455
  • Utility Expense $5,891
  • Operating Expense $16,998
  • Gross Income $32,680
  • Net Operating Income $15,682

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,441

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 289000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Hot Water
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 82x110
  • Lot Size Sq Ft: 9017.0
  • Zoning Description: RS-5
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Gross Income: 32680.0
  • Insurance Expense: 1455.0
  • Net Operating Income: 15682.0
  • Number of Units Total: 3
  • Operating Expense: 16998.0

Tax Info

  • Tax Annual Amount: 3441.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 20, 2024
Sold by
Gavan Shawn A and Gavan Marjory A
Bought by
Albrecht Justin
Seller's Agent
Holly Hollett
Chuck Jaqua, REALTOR
Buyer's Agent
Logan Laperriere
Keller Williams GR East
List Price
$289,000
Sold Price
$289,000
Views
18
Current Estimated Value
$292,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,522
Avg. Annual Appreciation
0.73%
Original Mortgage
$274,550
Outstanding Balance
$273,038
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$17,573

Purchase Details

Closed on
Feb 14, 2017
Sold by
Gavan Shawn A and Gavan Marjory A
Bought by
Gavan Shawn A and Gavan Marjory A
Source: Public Records

Range of Values:

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Average Value
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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
Albrecht Justin $289,000 Chicago Title
Gavan Shawn A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albrecht Justin $274,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $289,000 0.0% --
08/14/2024 08/14/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $289,000 -- --
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
2024 $1,495 $116,600 $0 $0
2023 $1,425 $101,600 $0 $0
2022 $3,272 $86,500 $0 $0
2021 $3,165 $78,600 $0 $0
2020 $3,105 $69,700 $0 $0
2019 $2,991 $58,100 $0 $0
2018 $2,922 $49,400 $0 $0
2017 $2,675 $46,500 $0 $0
2016 $2,675 $42,000 $0 $0
2015 $2,675 $42,100 $0 $0
2014 $2,675 $41,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24041271

Southwestern Michigan Association of REALTORS®

APN: 06-21-414-002