NOT LISTED FOR SALE

136 Centennial St Sparta, MI 49345

Estimated Value: $287,000 - $312,000

5 Beds
4 Baths
-- Sq Ft
8,189 Sq Ft Lot

Last Sold June 03, 2024

Last sale price $301,000

Est. 1% decrease in value since last sale

Current estimated payment $1,883/month

5 Days on Market

Highlights

  • 1 Fireplace
  • Hot Water Heating System
  • 5-minute walk to Sparta Sports Park
  • Ridgeview Elementary School Rated A-
  • Wood Siding

About This Home

As of June 2024

Attention Investors! This turn-key 4-unit multi-family property located in the Heart of Sparta is ready to be added to your portfolio! Electric has been recently split so all units are now on their own meter! Freshly painted exterior. Coin Laundry for additional revenue. Roof was replaced in 2015. Property also features a very large lot with ample off street parking. Photos are prior to tenants moving in.

Last Agent to Sell the Property

Doug Mol

Five Star Real Estate (Main) Listed on: 05/05/2024

Five Star Real Estate (Main)

Last Buyer's Agent

Daniel Bradley

Five Star Real Estate (Rock) License #6501408481

Five Star Real Estate (Rock)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,730

Year Built

  • Built in 1903

Lot Details

  • 8,189 Sq Ft Lot
  • Lot Dimensions are 62 x 132

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Michigan Basement
  • Partial Basement
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Hot Water Heating System

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,730

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1903
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 62 X 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4730.0
  • Tax Info:Zoning3: Res Improved
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space, Michigan Basement, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 299900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Wall Furnace, Hot Water, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 62 X 132
  • Lot Size Sq Ft: 8189.0
  • Zoning Description: Res Improved
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4730.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2024
Closed on
Jul 30, 2024
Sold by
Creston Gr Lofts Llc
Bought by
Bradley Daniel S
Seller's Agent
Doug Mol
Five Star Real Estate (Main)
Buyer's Agent
Daniel Bradley
Five Star Real Estate (Rock)
List Price
$299,900
Sold Price
$301,000
Premium/Discount to List
$1,100
0.37%
Views
8
Current Estimated Value
$299,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,812
Avg. Annual Appreciation
-0.45%

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jun 30, 2020
Sold by
S Barnes Properteis Llc
Bought by
Creston Gr Lofts Llc
Seller's Agent
Sam Southwick
RE/MAX SunQuest Realty
Buyer's Agent
Doug Mol
Five Star Real Estate (Main)
List Price
$129,900
Sold Price
$153,500
Premium/Discount to List
$23,600
18.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.69%

Purchase Details

Closed on
Nov 30, 2006
Sold by
Johnson Bror A
Bought by
S Barnes Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2004
Sold by
Robert O Powell Trust
Bought by
Johnson Bror A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2002
Sold by
Kelley William E and Kelley Debbie L
Bought by
Johnson Bror A

Purchase Details

Closed on
Feb 23, 2000
Bought by
Kelley William E and S Barnes Properties Llc
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
Bradley Daniel S $301,000 Star Title
Creston Gr Lofts Llc $153,500 Sun Title Agency Of Mi Llc
S Barnes Properties Llc $120,000 Michigan Bankers Title
Johnson Bror A $100,000 --
Johnson Bror A $5,000 Metropolitan Title Company
Johnson Bror A $91,374 Metropolitan Title Company
Kelley William E $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner S Barnes Properties Llc $100,000
Previous Owner Johnson Bror A $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2024 06/03/24 Sold $301,000 +0.4% --
05/10/2024 05/10/24 Pending -- -- --
05/05/2024 05/05/24 For Sale $299,900 +95.4% --
06/30/2020 06/30/20 Sold $153,500 +18.2% -- View Prior Sale
06/17/2020 06/17/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $129,900 -- --
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 $3,554 $138,400 $0 $0
2024 $3,554 $121,000 $0 $0
2023 $3,392 $89,300 $0 $0
2022 $4,505 $78,900 $0 $0
2021 $4,373 $73,100 $0 $0
2020 $2,148 $69,800 $0 $0
2019 $2,350 $65,300 $0 $0
2018 $2,879 $56,300 $0 $0
2017 $3,946 $50,900 $0 $0
2016 $2,744 $48,600 $0 $0
2015 -- $48,600 $0 $0
2013 -- $45,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24021976

Southwestern Michigan Association of REALTORS®

APN: 41-05-23-105-002