NOT LISTED FOR SALE

Estimated Value: $117,000 - $132,000

5 Beds
4 Baths
-- Sq Ft
6,186 Sq Ft Lot

Last Sold September 26, 2023

Last sale price $105,000

Est. 19% increase in value since last sale

Current estimated payment $878/month

6 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • 2-minute walk to Hamilton Park
  • Brick or Stone Mason

About This Home

As of September 2023

Return on investment! This 3 Unit Multi-Family Residence offers a 3 bed, 2 bath collecting 1200/mo; A second unit 2 bed, 1 bath bringing in 750/mo, and a newly renovated unit with more cashflow waiting in line. Don't trade your time for money, trade it for an asset! Owner pays utilities.

Last Agent to Sell the Property

Antonio Carrillo

RE/MAX Perrett Associates License #6501447625 Listed on: 05/23/2023

RE/MAX Perrett Associates

Last Buyer's Agent

Rebekah Lehman

RE/MAX Perrett Associates License #6501450907

RE/MAX Perrett Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,562

Year Built

  • Built in 1947

Lot Details

  • 6,186 Sq Ft Lot
  • Lot Dimensions are 50'x124'

Home Design

  • Brick or Stone Mason
  • Stone

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,562

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1947
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50'x124'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1562.0
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: 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
  • Driveway:Unpaved: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full

Exterior Features

  • Construction Materials: Stone
  • List Price: 110000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Other
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 50'x124'
  • Lot Size Sq Ft: 6186.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1562.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Sep 26, 2023
Sold by
El-Khiamy Hassen Hany
Bought by
Lehman Daniel Stephen
Seller's Agent
Antonio Carrillo
RE/MAX Perrett Associates
Buyer's Agent
Rebekah Lehman
RE/MAX Perrett Associates
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Views
115
Current Estimated Value
$124,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,701
Avg. Annual Appreciation
9.03%
Original Mortgage
$78,750
Outstanding Balance
$77,193
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$47,508

Purchase Details

Closed on
Mar 16, 2023
Sold by
Cash John Harvey
Bought by
Ei-Khiamy Hassen Hany

Purchase Details

Closed on
Mar 8, 2023
Sold by
Cash Jeffrey J
Bought by
Cash John Harvey

Purchase Details

Closed on
Apr 25, 2005
Sold by
Cash Jeffrey J and Cash Nicole R
Bought by
Cash John Harvey and Cash Rebecca A

Purchase Details

Closed on
Jun 26, 2003
Sold by
Wolverton Nate L and Wolverton Hope
Bought by
Cash Jeffrey J and Cash Nicole R

Purchase Details

Closed on
Aug 22, 2002
Sold by
Wolverton Nate L
Bought by
Wolverton Nate L and Wolverton Hope
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 Buyer Sale Price Title Company
Lehman Daniel Stephen $105,000 Chicago Title Of Michigan
Lehman Daniel Stephen $105,000 Chicago Title Of Michigan
Ei-Khiamy Hassen Hany $65,000 --
Ei-Khiamy Hassen Hany $65,000 None Listed On Document
Cash John Harvey -- --
Cash John Harvey -- Otc
Cash Jeffrey J $70,000 --
Wolverton Nate L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehman Daniel Stephen $78,750
Closed Lehman Daniel Stephen $78,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold $105,000 -4.5% --
05/29/2023 05/29/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $110,000 -- --
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 -- $52,800 $0 $0
2024 $2,629 $55,785 $0 $0
2023 $1,517 $56,739 $0 $0
2022 $1,128 $46,521 $0 $0
2021 $1,437 $33,085 $0 $0
2020 $1,022 $26,069 $0 $0
2019 $1,346 $25,253 $0 $0
2018 $1,346 $24,759 $485 $24,274
2017 $1,308 $26,471 $0 $0
2016 $1,305 $23,625 $0 $0
2015 $1,600 $26,421 $2,293 $24,128
2014 $1,600 $29,000 $2,293 $26,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23017010

Southwestern Michigan Association of REALTORS®

APN: 1500-00-047-0