Seller's Agent in 2023
Benjamin Stephen
Cressy & Everett Real Estate
(269) 208-9076
6 in this area
201 Total Sales
1298 Colfax Ave Benton Harbor, MI 49022
Fair Plain NeighborhoodEstimated Value: $179,000 - $253,000
4
Beds
2
Baths
--
Sq Ft
1.69
Acres
Highlights
- 1.69 Acre Lot
- Forced Air Heating System
- Wood Siding
- Window Unit Cooling System
- Laundry Facilities
About This Home
As of August 2023INVESTORS! This is the one you've been looking for- potential rental income of over $4,000 when all units are rented! Included is a house with 2 rental apartments as well as a multi-unit shared building with 6 bedrooms that can be rented. This 2,964 sqft multi-unit (previously commercial) building has a communal living area with a shared kitchen and bathroom for all units. This building also has shared laundry and storage area-plentiful parking. Back building has a brand new roof in 2023, front home has a 2015 roof. Property is being sold as-is. Call today for more details and information on this unique, one-of-a-kind property!
Last Agent to Sell the Property
Cressy & Everett Real Estate License #6501407350 Listed on: 06/28/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,161
Year Built
- Built in 1887
Lot Details
- 1.69 Acre Lot
- Lot Dimensions are 446.2 x 165
Parking
- 16 Parking Spaces
Home Design
- Brick Exterior Construction
- Slab Foundation
- Wood Siding
Basement
- Michigan Basement
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Window Unit Heating System
- Cable TV Available
Listing and Financial Details
- The owner pays for trash collection, electricity, water, sewer, gas
Community Details
Overview
- 2 Buildings
- 8 Units
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2023
Closed on
Sep 27, 2023
Sold by
Schultz-Reed May Ann
Bought by
Daniel P Bernstein And Debra S Bernstein Revo
Seller's Agent
Benjamin Stephen
Cressy & Everett Real Estate
Buyer's Agent
Michael VanDeventer
eXp Realty
List Price
$165,000
Sold Price
$140,000
Premium/Discount to List
-$25,000
-15.15%
Views
61
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
$71,013
Avg. Annual Appreciation
18.07%
Original Mortgage
$98,000
Outstanding Balance
$96,534
Interest Rate
9%
Mortgage Type
New Conventional
Estimated Equity
$114,479
Purchase Details
Listed on
Jun 28, 2023
Closed on
Aug 29, 2023
Sold by
Schultz-Reed May Ann
Bought by
Daniel P Bernstein And Debra S Bernstein Revo
Seller's Agent
Benjamin Stephen
Cressy & Everett Real Estate
Buyer's Agent
Michael VanDeventer
eXp Realty
List Price
$165,000
Sold Price
$140,000
Premium/Discount to List
-$25,000
-15.15%
Views
61
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Outstanding Balance
$96,534
Interest Rate
9%
Mortgage Type
New Conventional
Estimated Equity
$114,479
Purchase Details
Closed on
Jan 19, 1999
Purchase Details
Closed on
Mar 7, 1994
Purchase Details
Closed on
Feb 18, 1994
Purchase Details
Closed on
Jan 3, 1977
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Daniel P Bernstein And Debra S Bernstein Revo | $140,000 | Chicago Title Of Michigan | |
| Daniel P Bernstein And Debra S Bernstein Revo | $140,000 | Chicago Title Of Michigan | |
| Daniel P Bernstein And Debra S Bernstein Revo | $140,000 | Chicago Title Of Michigan | |
| -- | $97,500 | -- | |
| -- | $57,500 | -- | |
| -- | -- | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Daniel P Bernstein And Debra S Bernstein Revo | $98,000 | |
| Closed | Daniel P Bernstein And Debra S Bernstein Revo | $98,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/30/2023 08/30/23 | Sold | $140,000 | 0.0% | -- |
| 07/17/2023 07/17/23 | Price Changed | $140,000 | -15.2% | -- |
| 06/28/2023 06/28/23 | For Sale | $165,000 | -- | -- |
Source: MichRIC
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 | $6,884 | $119,500 | $0 | $0 |
| 2024 | $3,654 | $102,200 | $0 | $0 |
| 2023 | $2,447 | $101,500 | $0 | $0 |
| 2022 | $2,330 | $73,200 | $0 | $0 |
| 2021 | $3,030 | $76,000 | $19,800 | $56,200 |
| 2020 | $2,888 | $74,900 | $0 | $0 |
| 2019 | $2,837 | $62,800 | $9,400 | $53,400 |
| 2018 | $2,657 | $62,800 | $0 | $0 |
| 2017 | $2,613 | $62,900 | $0 | $0 |
| 2016 | $2,547 | $62,100 | $0 | $0 |
| 2015 | $2,540 | $58,900 | $0 | $0 |
| 2014 | $2,004 | $57,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Stephen
-
Michael VanDeventer
M
Buyer's Agent in 2023
Michael VanDeventer
eXp Realty
(269) 369-0948
30 in this area
239 Total Sales
-
V
Buyer's Agent in 2023
Van Homes Team
Century 21 Affiliated
Map
Source: MichRIC
MLS Number: 23022646
APN: 11-18-0125-0006-00-6
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.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
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