NOT LISTED FOR SALE

134 E Chicago St Coldwater, MI 49036

Estimated Value: $175,000 - $198,000

-- Bed
-- Bath
-- Sq Ft
0.45 Acres

Last Sold May 01, 2018

Last sale price $68,000

Est. 178% increase in value since last sale

Current estimated payment $1,243/month

7 Days on Market

Highlights

  • Window Unit Cooling System
  • Wood Siding
  • 5-minute walk to Four Corners Park
  • Forced Air Heating System

About This Home

As of May 2018

INVESTMENT OPPORTUNITY AWAITS! 4 units, 2 of them are currently rented out. Each unit has 1 bedroom, 1 bath. Close to all amenities. This company makes no warranty or representations about the contents of this data. It is the responsibility of the parties looking at the property to satisfy themselves as to accuracy of this information. Taxes were obtained from the local assessor and the taxes could change for the buyer after a closed transaction.

Last Agent to Sell the Property

Ken Keeton

Real Estate Elite Team License #6502133399 Listed on: 03/22/2018

Last Buyer's Agent

Craig Hilbert

Real Estate Elite Team License #6502323906

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1850

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 99x200

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Phone Connected
  • Cable TV Available

Additional Features

  • Michigan Basement
  • Mineral Rights Excluded

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1850
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 99x200
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2256.72
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: 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:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Mineral Rights:No: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 76000.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.45
  • Lot Size Area: 0.45
  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2256.72
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
Apr 25, 2018
Sold by
The Howard W Loehr Jr Living Trust
Bought by
Wood Kelley B and Mccowan Roger J
Seller's Agent
Ken Keeton
Real Estate Elite Team
Buyer's Agent
Craig Hilbert
Real Estate Elite Team
List Price
$76,000
Sold Price
$68,000
Premium/Discount to List
-$8,000
-10.53%
Current Estimated Value
$188,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,828
Avg. Annual Appreciation
14.71%
Original Mortgage
$132,000
Outstanding Balance
$113,787
Interest Rate
4.45%
Mortgage Type
Commercial
Estimated Equity
$75,041
Source: Public Records

Range of Values:

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Average Value
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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
Wood Kelley B $68,000 Title Commitment
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Kelley B $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2018 05/01/18 Sold $68,000 -10.5% --
03/29/2018 03/29/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $76,000 -- --
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 $2,853 $84,000 $0 $0
2024 $2,691 $67,600 $0 $0
2023 $2,125 $52,100 $0 $0
2022 $2,691 $53,750 $0 $0
2021 $2,632 $45,250 $0 $0
2020 -- $59,500 $0 $0
2019 -- $58,350 $0 $0
2018 -- $47,050 $0 $0
2017 -- $47,300 $0 $0
2016 -- $42,850 $0 $0
2015 -- $45,250 $0 $0
2014 -- $49,950 $0 $0
2013 -- $49,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18010702

Southwestern Michigan Association of REALTORS®

APN: 301-000-000-091-00