NOT LISTED FOR SALE

Estimated Value: $184,000 - $212,000

4 Beds
4 Baths
2,300 Sq Ft
$87/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $94,000 $41 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,232/month

24 Days on Market

Highlights

  • 0.49 Acre Lot
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of July 2019

Your chance to add to your rental portfolio or start one ! 4 units. 3 1 bed 1 bath and 1 efficiency. Per mgmt company will generate $2400 in rental income once filled. Very large yard, 3 car garage for extra rental income. Units have separate electric meters. 3 year rental certificate obtained ! This are ready to start making you money !!

Last Agent to Sell the Property

KELLY BROWN

Bellabay Realty (Middleville) License #6502425846 Listed on: 04/18/2019

Bellabay Realty (Middleville)

Last Buyer's Agent

Kristi McFellin

CENTURY 21 Affiliated License #6501344369

CENTURY 21 Affiliated

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1839

Lot Details

  • 0.49 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units
  • Insurance Expense $1,100

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,500

Year Built

Built in 1839

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1839
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 114900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.49
  • Lot Size Area: 0.49
  • Lot Size Sq Ft: 21450.0
  • Zoning Description: Resi
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Insurance Expense: 1100.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 1500.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jul 2, 2019
Sold by
Pmt Preservation Llc
Bought by
Sweet Dreams Housing Llc
Seller's Agent
KELLY BROWN
Bellabay Realty (Middleville)
Buyer's Agent
Kristi McFellin
CENTURY 21 Affiliated
List Price
$114,900
Sold Price
$94,000
Premium/Discount to List
-$20,900
-18.19%
Current Estimated Value
$200,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,805
Avg. Annual Appreciation
12.89%
Original Mortgage
$70,500
Outstanding Balance
$61,866
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$138,939

Purchase Details

Listed on
Apr 18, 2019
Closed on
May 13, 2019
Sold by
Ditech Financial Llc
Bought by
Secretary Of Veterans Affairs
Seller's Agent
KELLY BROWN
Bellabay Realty (Middleville)
Buyer's Agent
Kristi McFellin
CENTURY 21 Affiliated
List Price
$114,900
Sold Price
$94,000
Premium/Discount to List
-$20,900
-18.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Outstanding Balance
$61,866
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$138,939

Purchase Details

Closed on
Apr 11, 2019
Sold by
Mccormick William N
Bought by
Ditech Financial Llc

Purchase Details

Closed on
Apr 10, 2019
Sold by
Mccormick William
Bought by
Pmt Preservation Llc

Purchase Details

Closed on
Jun 19, 2003
Sold by
Ard Beverly J
Bought by
Mccormick William N

Purchase Details

Closed on
Oct 19, 1999
Bought by
Ard

Purchase Details

Closed on
Jan 17, 1997
Bought by
Sherman
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
Sweet Dreams Housing Llc $94,000 Bell Title Of Hastings
Secretary Of Veterans Affairs -- None Available
Ditech Financial Llc $47,040 None Available
Pmt Preservation Llc -- None Available
Mccormick William N $101,500 --
Ard $100,000 --
Sherman $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweet Dreams Housing Llc $70,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2019 07/02/19 Sold $94,000 -18.2% $41 / Sq Ft
05/12/2019 05/12/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $114,900 -- $50 / 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 -- $72,400 $0 $0
2024 $2,048 $72,965 $0 $0
2023 $2,606 $71,820 $0 $0
2022 $1,852 $49,743 $0 $0
2021 $2,476 $46,932 $0 $0
2020 $2,449 $37,632 $0 $0
2019 $2,091 $30,783 $0 $0
2018 $2,091 $30,105 $3,797 $26,308
2017 $2,430 $48,000 $0 $0
2016 $2,424 $48,000 $0 $0
2015 $2,414 $37,561 $8,024 $29,537
2014 $2,414 $37,561 $8,024 $29,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19015140

Southwestern Michigan Association of REALTORS®

APN: 2740-00-007-0