NOT LISTED FOR SALE

Estimated Value: $125,000 - $167,000

4 Beds
2 Baths
1,425 Sq Ft
$101/Sq Ft Est. Value

Last Sold August 16, 2012

Last sale price $5,000 $4 Per Sq Ft

Est. 2,779% increase in value since last sale

Current estimated payment $835/month

515 Days on Market

Highlights

  • 1 Fireplace
  • Wood Siding
  • 4-minute walk to McLaughlin Community Park
  • Forced Air Heating System

About This Home

As of August 2012

Info#3408 2unit multi-family home. It has 2 bedrooms, 1 bath in each unit, front covered porch, large backyard and a full basement. Buyer to verify taxes and homestead status, assume any and all assessments as figures/status may change from when the listing is printed.

Last Agent to Sell the Property

Bernie Merkle

Coldwell Banker Woodland Schmidt License #6506041602 Listed on: 03/11/2011

Coldwell Banker Woodland Schmidt

Co-Listed By

Jim Wiersma

Coldwell Banker Woodland Schmidt License #6506043979

Last Buyer's Agent

Mary Libby

Coldwell Banker Woodland Schmidt License #6506042961

Coldwell Banker Woodland Schmidt

Property Details

Home Type

  • Multi-Family

Year Built

  • 1650

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33 x 132

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for electric, water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

1650

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1650
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 33 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 957.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 6900.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 33 x 132
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 957.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2018
Sold by
Potter Jordan
Bought by
Potter Jordan and Potter Joseph E
Current Estimated Value
$143,947

Purchase Details

Listed on
Mar 11, 2011
Closed on
Aug 16, 2012
Sold by
Coastal Real Estate Holdings Llc
Bought by
Potter Joseph E and Potter Jordan
Seller's Agent
Bernie Merkle
Coldwell Banker Woodland Schmidt
Buyer's Agent
Mary Libby
Coldwell Banker Woodland Schmidt
List Price
$16,500
Sold Price
$5,000
Premium/Discount to List
-$11,500
-69.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.48%

Purchase Details

Closed on
May 20, 2010
Sold by
Macatawa Bank
Bought by
Coastal Real Estate Holdings Llc

Purchase Details

Closed on
Nov 20, 2009
Sold by
Wildfield Development Lc
Bought by
Macatawa Bank

Purchase Details

Closed on
May 1, 2008
Sold by
Stehouwer David L and Stehouwer Karel A
Bought by
Wildfield Development Lc

Purchase Details

Closed on
Jul 17, 2007
Sold by
Wells Fargo Bank Na
Bought by
Stehower Dave

Purchase Details

Closed on
Apr 21, 2006
Sold by
Hardy Michelle and Hardy Cory L
Bought by
Wells Fargo Bank Na and Holders Park Place Securities Inc Asset
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
Potter Jordan -- None Available
Potter Joseph E $5,000 Lighthouse Title Inc
Coastal Real Estate Holdings Llc -- Rei
Macatawa Bank $25,000 None Available
Wildfield Development Lc -- None Available
Stehower Dave $16,900 None Available
Wells Fargo Bank Na $73,581 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hardy Cory L $69,350
Previous Owner Hardy Cory L $54,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2012 08/16/12 Sold $5,000 -69.7% $4 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
03/11/2011 03/11/11 For Sale $16,500 -- $12 / 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 $615 $50,400 $0 $0
2024 $159 $39,100 $0 $0
2023 $161 $31,700 $0 $0
2022 $608 $23,300 $0 $0
2021 $597 $21,100 $0 $0
2020 $580 $17,000 $0 $0
2019 $569 $15,700 $0 $0
2018 $692 $16,300 $0 $0
2017 $482 $16,700 $0 $0
2016 $122 $16,200 $0 $0
2015 -- $15,500 $0 $0
2014 $120 $15,400 $0 $0
2013 -- $14,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11012792

Southwestern Michigan Association of REALTORS®

APN: 24-205-254-0002-00