NOT LISTED FOR SALE

134 N Park St NE Cedar Springs, MI 49319

Estimated Value: $209,248 - $245,000

-- Bed
3 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold May 31, 2019

Last sale price $110,000

Est. 76% increase in value since last sale

Current estimated payment $1,396/month

25 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding

About This Home

As of May 2019

This well established 3-unit has an excellent history of rental income. It sits on a nice double lot in the city of Cedar Springs, convenient to downtown.

Last Agent to Sell the Property

Ryan Ogle

Bluhouse Properties LLC - I License #6502376991 Listed on: 04/19/2019

Bluhouse Properties LLC - I

Co-Listed By

William 'Duke' Gray

EXP Realty (Grand Rapids) License #6506048115

EXP Realty (Grand Rapids)

Last Buyer's Agent

William 'Duke' Gray

EXP Realty (Grand Rapids) License #6506048115

EXP Realty (Grand Rapids)

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 115000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3235.81
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2021
Sold by
Kapuscinski Craig A and Kapuscinski Laura
Bought by
Hofstra James
Current Estimated Value
$193,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Outstanding Balance
$83,837
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$144,225

Purchase Details

Listed on
Oct 15, 2016
Closed on
Apr 21, 2017
Sold by
Deveo Llc
Bought by
Kapuncinski Craig A and Kapuncinski Laura
Seller's Agent
Ann Wasson
Gatehouse Real Estate LLC
Buyer's Agent
William 'Duke' Gray
EXP Realty (Grand Rapids)
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%
Original Mortgage
$67,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2008
Sold by
Devon Robert E and Devon Martha J
Bought by
Devco Llc

Purchase Details

Closed on
Aug 5, 2008
Sold by
Devon Robert E and Devon Martha J
Bought by
Devon Robert E and Devon Martha J
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
Hofstra James $110,000 Lighthouse Title Inc
Kapuncinski Craig A $90,000 None Available
Devco Llc -- None Available
Devon Robert E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofstra James $92,000
Previous Owner Kapuncinski Craig A $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $110,000 -4.3% --
05/14/2019 05/14/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $115,000 +27.8% --
04/21/2017 04/21/17 Sold $90,000 0.0% --
03/13/2017 03/13/17 Pending -- -- --
10/15/2016 10/15/16 For Sale $90,000 -- --
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 $4,036 $91,900 $0 $0
2024 $4,036 $66,400 $0 $0
2023 $4,426 $97,200 $0 $0
2022 $4,537 $81,900 $0 $0
2021 $4,473 $74,200 $0 $0
2020 $4,164 $66,200 $0 $0
2019 $3,305 $60,500 $0 $0
2018 $3,236 $51,700 $0 $0
2017 $2,603 $44,800 $0 $0
2016 $2,543 $41,300 $0 $0
2015 -- $41,300 $0 $0
2013 -- $41,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19015548

Southwestern Michigan Association of REALTORS®

APN: 41-03-30-307-001