NOT LISTED FOR SALE

Estimated Value: $179,000 - $240,000

-- Bed
-- Bath
-- Sq Ft
6,621 Sq Ft Lot

Last Sold August 27, 2018

Last sale price $125,000

Est. 75% increase in value since last sale

Current estimated payment $1,334/month

6 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 2 Car Garage
  • High Speed Internet

About This Home

As of August 2018

Nice brick building located in a vibrant SW neighborhood with plenty space to par and a two stall garage. it a great income property ready to be yours

Last Agent to Sell the Property

Rene Guzman

1st Advantage Realty License #6501383944 Listed on: 07/05/2018

Last Buyer's Agent

Rene Guzman

1st Advantage Realty License #6501383944 Listed on: 07/05/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,266

Year Built

  • Built in 1890

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 50x132

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,266

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 130000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6621.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1266.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2018
Closed on
Aug 27, 2018
Sold by
Amezola Maricela
Bought by
Nidifcate Llc
Seller's Agent
Rene Guzman
1st Advantage Realty
Buyer's Agent
Rene Guzman
1st Advantage Realty
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Total Days on Market
6
Current Estimated Value
$218,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,245
Avg. Annual Appreciation
7.83%
Original Mortgage
$93,750
Outstanding Balance
$82,753
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$125,600

Purchase Details

Listed on
Jun 27, 2016
Closed on
Aug 8, 2016
Sold by
Residential Reconstruction & Resale Llc
Bought by
Peguero Ramon D and Peguero Menorca
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Jorie Aulston
Bellabay Realty LLC
List Price
$54,900
Sold Price
$55,000
Premium/Discount to List
$100
0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.25%

Purchase Details

Closed on
Jun 6, 2014
Sold by
Schultze Walter C and Schultze Walter C
Bought by
Residential Reconstruction & Resale Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 1992
Sold by
Butler Butler J J and Butler Schultze D
Bought by
Schultze Walter Jr

Purchase Details

Closed on
Dec 12, 1986
Bought by
Schultze Walter Jr

Purchase Details

Closed on
Jul 22, 1982
Bought by
Schultze Walter Jr
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
Nidifcate Llc -- None Available
Amezola Maricela $125,000 Essential Title Agency Llc
Smith Bertram J $57,000 Essential Title Agency Llc
Peguero Ramon D $55,000 Essential Title Agency Llc
Residential Reconstruction & Resale Llc $160,000 None Available
Schultze Walter Jr $16,000 --
Schultze Walter Jr $10,900 --
Schultze Walter Jr $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amezola Maricela $93,750
Previous Owner Residential Reconstruction & Resale Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2018 08/27/18 Sold $125,000 -3.8% --
07/11/2018 07/11/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $130,000 +136.4% --
08/08/2016 08/08/16 Sold $55,000 +0.2% --
06/27/2016 06/27/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $54,900 -- --
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
2024 $2,113 $78,200 $0 $0
2023 $2,020 $68,600 $0 $0
2022 $1,992 $55,400 $0 $0
2021 $1,941 $50,100 $0 $0
2020 $1,876 $42,600 $0 $0
2019 $1,921 $36,000 $0 $0
2018 $2,305 $31,400 $0 $0
2017 $1,588 $26,500 $0 $0
2016 $1,266 $23,600 $0 $0
2015 $1,206 $23,600 $0 $0
2013 -- $22,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18031238

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-428-009