NOT LISTED FOR SALE

136 N Lake St Grant, MI 49327

Estimated Value: $325,000 - $1,062,000

-- Bed
-- Bath
-- Sq Ft
2.32 Acres

Last Sold January 25, 2023

Last sale price $800,000

Est. 5% decrease in value since last sale

Current estimated payment $4,167/month

167 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Wooded Lot
  • Hot Water Heating System
  • Wetlands on Lot
  • Cooling System Mounted In Outer Wall Opening
  • High Speed Internet

About This Home

As of January 2023

Waterfront Apartment Complex! 9-Unit ''Lakeview Apartments'' on Blanch Lake in the City of Grant. Consists of (8) 2 Bdrm, 1 Bath units and (1) Studio apartment. All offering either deck (upper level) or patio (lower level) access overlooking the lake. Amenities include community coin-op laundry room, off-street parking lot, municipal utilities, and possible room for expansion. Sellers are only considering cash offers at this time. No seller-financing available.

Last Agent to Sell the Property

Scott Kroepel

Coldwell Banker Schmidt Newaygo License #6506043114 Listed on: 11/14/2022

Coldwell Banker Schmidt Newaygo

Last Buyer's Agent

Katherine Earle

Core Realty Partners LLC License #6501447481

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,741

Year Built

  • Built in 1978

Lot Details

  • 2.32 Acre Lot
  • 300 Feet of Waterfront
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 16 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Additional Features

  • Water Views
  • Wetlands on Lot

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 9 Units

Building Details

  • Insurance Expense $3,600
  • Utility Expense $11,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,741

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1978
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 247' x 357'+-
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 6741.0
  • Tax Info:Zoning3: Commercial
  • General Property Info:Total _pound_ Units: 9
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 300.0
  • Util Avail at Street:Broadband: Yes
  • Lot Description:Rolling Hills: Yes
  • Utilities Attached:Telephone Line: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Slab: Yes
  • Lot Description:Wetland Area: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Brick
  • List Price: 800000.0
  • Lot Features: Wetland Area, Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Rolling Hills":true}
  • Water Body Name: Blanch Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 16.0
  • General Property Info:Total Parking Spaces: 16.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Broadband
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 2.32
  • Lot Size Area: 2.32
  • Lot Size Sq Ft: 101059.0
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Insurance Expense: 3600.0
  • Number of Units Total: 9

Tax Info

  • Tax Annual Amount: 6741.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Jan 20, 2023
Sold by
Fosheim Faith M
Bought by
J2k2 Properties Llc
Seller's Agent
Scott Kroepel
Coldwell Banker Schmidt Newaygo
Buyer's Agent
Katherine Earle
Core Realty Partners LLC
List Price
$950,000
Sold Price
$800,000
Premium/Discount to List
-$150,000
-15.79%
Views
41
Current Estimated Value
$760,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,562
Avg. Annual Appreciation
-5.96%
Source: Public Records

Range of Values:

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Average Value
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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
J2k2 Properties Llc $800,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $800,000 0.0% --
12/28/2022 12/28/22 Pending -- -- --
11/15/2022 11/15/22 Price Changed $800,000 -15.8% --
11/14/2022 11/14/22 For Sale $950,000 0.0% --
08/31/2022 08/31/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $950,000 -- --
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
2024 $49 $167,500 $0 $0
2023 $3,569 $161,800 $0 $0
2022 $6,828 $148,100 $0 $0
2021 $6,741 $143,700 $0 $0
2020 $6,663 $146,200 $0 $0
2019 $6,486 $146,600 $0 $0
2018 $6,439 $145,300 $0 $0
2017 $6,380 $146,500 $0 $0
2016 $6,313 $147,700 $0 $0
2015 -- $141,500 $0 $0
2014 -- $139,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22029310

Southwestern Michigan Association of REALTORS®

APN: 22-13-400-004