Seller's Agent in 2023
Benjamin Stephen
Cressy & Everett Real Estate
(269) 208-9076
7 in this area
219 Total Sales
1298 Colfax Ave Benton Harbor, MI 49022
Fair Plain NeighborhoodEstimated Value: $186,000 - $286,000
4
Beds
2
Baths
--
Sq Ft
1.69
Acres
Highlights
- 1.69 Acre Lot
- Window Unit Cooling System
- Laundry Facilities
- 2 Fireplaces
- Forced Air Heating System
- Wood Siding
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
Interior Spaces
- 2 Fireplaces
- 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
$76,245
Avg. Annual Appreciation
26.40%
Original Mortgage
$98,000
Outstanding Balance
$96,850
Interest Rate
9%
Mortgage Type
New Conventional
Estimated Equity
$126,320
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 | |
| -- | $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 | |
| Previous Owner | Reed Stephen Lynn | $64,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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
24 in this area
173 Total Sales
-
V
Buyer's Agent in 2023
Van Homes Team
Century 21 Affiliated
Map
Source: Southwestern Michigan Association of REALTORS®
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 2025 MichRIC, LLC. All rights reserved.
Nearby Homes
- 1235 Colfax Ave
- 146 W May St
- 202 Searles Ave
- 377 Western Ave
- 1332 Columbus Ave
- 979 Lavette Ave
- 995 Mcalister Ave
- 1097 Pearl St
- 361 E May St
- 941 Colfax Ave
- 236 Helmar Ct
- 1385 Superior St
- 863 Colfax Ave
- 872 Mcallister Ave
- 947 Pearl St
- 1219 Ogden Ave
- 1014 Superior St
- 885 Broadway
- 0 Mc Alister Ave
- 1027 Ogden Ave
- 1300 Colfax Ave
- 138 Windsor Rd
- 1260 Colfax Ave
- 1309 Colfax Ave
- 1324 Colfax Ave
- 1317 Colfax Ave
- 191 Seneca Rd
- 1240 Colfax Ave
- 150 Windsor Rd
- 201 Seneca Rd
- 1297 Colfax Ave
- 1357 Colfax Ave
- 1325 Colfax Ave
- 170 Windsor Rd
- 162 Windsor Rd
- 211 Seneca Rd
- 1348 Colfax Ave
- 1341 Colfax Ave
- 1349 Colfax Ave
- 221 Seneca Rd