NOT LISTED FOR SALE

1273 Kloap Rd Muskegon, MI 49441

Roosevelt Park Neighborhood

Estimated Value: $825,280

2 Beds
2 Baths
3,971 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 18, 2019

Last sale price $460,000 $116 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,871/month

7 Days on Market

Highlights

  • 0.44 Acre Lot
  • Mona Shores High School Rated A-
  • Hot Water Heating System

About This Home

As of July 2019

Gorgeous!! Roosevelt Park 8 unit located with in Mona Shores School district with GREAT rental history! Each unit has been nicely updated and offers 2 Bedrooms, 1 Bathroom, Nicely updated and fully equipped Kitchen complete with (electric) Stove, Refrigerator, Dishwasher and Microwave. Each unit also offers Laundry hook-ups (for electric dryer) and a private 1 stall garage with opener!
Rent roll available upon request! Owner is a licensed Realtor in the State of Michigan.

Last Agent to Sell the Property

Nicole Larson

Lighthouse Property Management License #6501328546 Listed on: 05/18/2019

Last Buyer's Agent

Nicole Larson

Lighthouse Property Management License #6501328546 Listed on: 05/18/2019

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,705

Year Built

  • Built in 1989

Lot Details

  • 0.44 Acre Lot

Parking

  • 20 Parking Spaces

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Connected

Community Details

  • 2 Buildings
  • 8 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,705

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 480000.0
  • Number of Buildings: 2
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 20.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.44
  • Lot Size Area: 0.44
  • Lot Size Sq Ft: 19166.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 8

Tax Info

  • Tax Annual Amount: 9705.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2019
Closed on
Jul 18, 2019
Sold by
1273 Kloap Llc
Bought by
Pkz Properties Llc
Seller's Agent
Nicole Larson
Lighthouse Property Management
Buyer's Agent
Nicole Larson
Lighthouse Property Management
List Price
$480,000
Sold Price
$460,000
Premium/Discount to List
-$20,000
-4.17%
Current Estimated Value
$825,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,280
Avg. Annual Appreciation
8.98%
Original Mortgage
$368,000
Outstanding Balance
$324,466
Interest Rate
3.82%
Mortgage Type
Commercial
Estimated Equity
$458,323

Purchase Details

Closed on
Aug 18, 2017
Sold by
Ratzlaff Nathan R
Bought by
1273 Kloap Llc

Purchase Details

Closed on
Jan 30, 2012
Sold by
Jacobs Property Investments L L C
Bought by
Kloap Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Pkz Properties Llc $460,000 None Available
1273 Kloap Llc -- None Available
Kloap Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pkz Properties Llc $368,000
Previous Owner Kloap Properties Llc $445,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2019 07/18/19 Sold $460,000 -4.2% $116 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
05/18/2019 05/18/19 For Sale $480,000 -- $121 / Sq Ft
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 $5,693 $86,400 $0 $0
2024 $2,371 $88,100 $0 $0
2023 $2,276 $84,800 $0 $0
2022 $5,212 $86,100 $0 $0
2021 $4,986 $82,600 $0 $0
2020 $4,926 $76,700 $0 $0
2019 $4,939 $76,900 $0 $0
2018 $4,997 $77,800 $0 $0
2017 $5,053 $79,800 $0 $0
2016 $2,085 $76,900 $0 $0
2015 -- $72,700 $0 $0
2014 -- $81,000 $0 $0
2013 -- $81,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nicole Larson

    Lighthouse Property Management

    (616) 773-0016

    1 in this area

    127 Total Sales

    Nicole Larson
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19021506

Southwestern Michigan Association of REALTORS®

APN: 25-545-000-1106-00

Michigan Muskegon County Muskegon 49441 Roosevelt Park

1273 Kloap Rd, Muskegon, MI

This home is located at 1273 Kloap Rd, Muskegon, MI 49441 since 18 May 2019 and is currently estimated at $825,280, approximately $207 per square foot. This property was built in 1989. 1273 Kloap Rd is a home located in Muskegon County with nearby schools including Mona Shores High School, Dr. Martin Luther King Academy, and Muskegon Heights Academy.

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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