NOT LISTED FOR SALE

133 E Main St Spring Arbor, MI 49283

-- Bed
7 Baths
4,208 Sq Ft
10,454 Sq Ft Lot

Last Sold September 23, 2016

Last sale price $427,000 $101 Per Sq Ft

84 Days on Market

About This Home

As of September 2016

Sale price included 129 Main, 133 Main, 102 Star, All Parking Lots and a Storage Facility to the South of Property. Premier 7 unit complex adjacent to Spring Arbor University. Owner will discuss financials upon request from an approved and qualified buyer. Outstanding potential near a great college facility and student body. Main 4 unit building constructed in 2005. Single family home at 102 Star has been remodeled in last few years. All units are large in size and good in condition. Large parking lot for tenants. 129 Main is a 2 remodeled 2 unit. McDonalds Restaurant is next door and University is on north side of M-60. Sliders to exterior from each housing unit at 133 E. Main structure. 3 are 3 bedrooms, 1 is a 2 bedroom and 1 is a 1 bedroom. 2 full bathrooms are located in 3 of the housing units. Large kitchen, living room and in unit laundry. Great ownership opportunity.

Last Agent to Sell the Property

Phil Morgan

ERA REARDON REALTY, L.L.C. License #6502108104 Listed on: 01/15/2016

ERA REARDON REALTY, L.L.C.

Last Buyer's Agent

Ray Snell

EXIT REALTY 1ST LLC License #6501330536

EXIT REALTY 1ST LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,797

Year Built

  • Built in 2005

Lot Details

  • 10,454 Sq Ft Lot

Utilities

  • Forced Air Heating System
  • Space Heater
  • Well

Community Details

Overview

  • 5 Units
  • Legal Attached Subdivision

Building Details

  • Net Operating Income $90,000

Property Details

Property Type

Other

Est. Annual Taxes

$5,797

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • List Price: 427000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Space Heater, Forced Air
  • Heating: Yes
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Multi Family

  • Net Operating Income: 90000.0
  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 5797.38
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
Sep 23, 2016
Sold by
133/Star House Llc
Bought by
Christ Centered Homes Inc
Seller's Agent
Phil Morgan
ERA REARDON REALTY, L.L.C.
Buyer's Agent
Ray Snell
EXIT REALTY 1ST LLC
Sold Price
$427,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Outstanding Balance
$197,435
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 15, 2011
Sold by
Prebble Leland D and Prebble Carolyn M
Bought by
133/Star House Llc

Purchase Details

Closed on
Jun 16, 2000
Sold by
Clark David W and Clark Susan E
Bought by
Prebble Leland D and Prebble Carolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 1996
Sold by
Thulin David and Thulin Nancy
Bought by
Clark David W and Clark Susan E

Purchase Details

Closed on
Feb 26, 1996
Sold by
Clark David
Bought by
Clark David and Clark Susan

Purchase Details

Closed on
Sep 30, 1995
Sold by
Clark David and Keller Westley
Bought by
Clark David

Purchase Details

Closed on
Oct 26, 1994
Sold by
Thulin David and Thulin Nancy
Bought by
Clark David W and Clark Susan E

Purchase Details

Closed on
Oct 1, 1994
Bought by
Clark and Keller
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
Christ Centered Homes Inc $427,000 Attorney
133/Star House Llc -- None Available
Prebble Leland D $68,000 --
Clark David W $68,000 --
Clark David -- --
Clark David $48,900 --
Clark David W $68,000 --
Clark $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christ Centered Homes Inc $427,000
Previous Owner Prebble Leland D $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $427,000 -- $101 / 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 $9,132 $153,500 $0 $0
2024 $5,755 $155,000 $0 $0
2023 $5,634 $149,900 $0 $0
2022 $8,242 $143,400 $0 $0
2021 $8,056 $144,280 $0 $0
2020 $8,040 $146,380 $0 $0
2019 $7,695 $139,730 $0 $0
2018 $7,641 $134,710 $3,740 $130,970
2017 $6,861 $114,580 $0 $0
2016 $4,813 $115,600 $10,050 $105,550
2015 $125,209 $114,080 $114,080 $0
2014 $125,209 $138,460 $138,460 $0
2013 -- $138,460 $138,460 $0
Source: Public Records

Agents Affiliated with this Home

  • Phil Morgan

    Seller's Agent in 2016

    Phil Morgan

    ERA REARDON REALTY, L.L.C.

    (517) 782-2024

    3 in this area

    70 Total Sales

    Phil Morgan
    Section Image

  • R

    Buyer's Agent in 2016

    Ray Snell

    EXIT REALTY 1ST LLC

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21032824

Southwestern Michigan Association of REALTORS®

APN: 000-12-16-381-014-01

Michigan Jackson County Spring Arbor 49283

133 E Main St, Spring Arbor, MI

This home is located at 133 E Main St, Spring Arbor, MI 49283 since 15 January 2016. This property was built in 2005. 133 E Main St is a home located in Jackson County with nearby schools including Western High School and Trinity Lutheran School.

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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