NOT LISTED FOR SALE

Estimated Value: $249,000 - $1,048,960

8 Beds
2 Baths
-- Sq Ft
0.72 Acres

Last Sold February 15, 2018

Last sale price $560,000

Est. 5% decrease in value since last sale

Current estimated payment $3,121/month

31 Days on Market

Highlights

  • 0.72 Acre Lot
  • Forced Air Heating System
  • Laundry Facilities
  • Elevator

About This Home

As of February 2018

Three Duplexes on Jack Pine, with four bedroom units on each side. All 24 bedrooms rented at $349 per month. Includes; 1302&04, 1308&10, 1314&16 Jack Pine. Great, rentable, location off of West Michigan Ave. Designed and built for students.

Last Agent to Sell the Property

Matt Leighton

Jaqua, REALTORS License #6501273319 Listed on: 10/27/2017

Jaqua, REALTORS

Last Buyer's Agent

Matthew Leighton

Leighton Real Estate, L.L.C.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,466

Year Built

  • Built in 1997

Lot Details

  • 0.72

Parking

  • 24 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Connected

Additional Features

  • Basement Fills Entire Space Under The House
  • 0.72 Acre Lot

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer

Community Details

Overview

  • 3 Buildings
  • 8 Units

Amenities

  • Laundry Facilities
  • Elevator

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,466

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1997
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Irregular
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Zoning3: RS-5
  • General Property Info:Total _pound_ Units: 8
  • General Property Info:Total _pound_ Bldgs: 3.0
  • Roofing:Composition: Yes
  • Heat Type:Forced 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
  • Utilities Attached:Telephone Line: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Elevator2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 669000.0
  • Number of Buildings: 3
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 24.0
  • General Property Info:Total Parking Spaces: 24.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.72
  • Lot Size Area: 0.72
  • Lot Size Sq Ft: 31363.0
  • Zoning Description: RS-5
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2010
Sold by
J & R Town Homes Llc
Bought by
Vorholt Enterprises Llc
Current Estimated Value
$533,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,989
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2006
Sold by
Vorholt Ronald W and Vorholt Diana M
Bought by
J & R Town Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,231,003
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2005
Sold by
Coleman Commercial Properties Llc
Bought by
Vorholt Ronald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
6.13%
Mortgage Type
Purchase Money 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
Vorholt Enterprises Llc -- None Available
J & R Town Homes Llc -- Devon Title
Vorholt Ronald W $720,000 Devon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The News Llc $562,500
Closed Vorholt Enterprises Llc $752,989
Previous Owner J & R Town Homes Llc $1,060,000
Previous Owner J & R Town Homes Llc $1,231,003
Previous Owner Vorholt Ronald W $576,000
Closed Vorholt Ronald W $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2018 02/15/18 Sold $560,000 -16.3% --
11/27/2017 11/27/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $669,000 -- --
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 $3,466 $145,400 $0 $0
2024 $3,466 $137,300 $0 $0
2023 $3,303 $125,900 $0 $0
2022 $7,586 $115,800 $0 $0
2021 $7,337 $111,900 $0 $0
2020 $7,198 $115,700 $0 $0
2019 $6,933 $102,700 $0 $0
2018 $6,641 $103,900 $0 $0
2017 $6,902 $99,300 $0 $0
2016 $6,902 $97,600 $0 $0
2015 $6,902 $101,500 $0 $0
2014 $6,902 $95,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17053684

Southwestern Michigan Association of REALTORS®

APN: 06-19-420-003