NOT LISTED FOR SALE

1383 Lakeshore Dr Muskegon, MI 49441

Nims Neighborhood

Estimated Value: $327,678 - $397,000

6 Beds
4 Baths
2,799 Sq Ft
$125/Sq Ft Est. Value

Last Sold November 20, 2012

Last sale price $25,300 $9 Per Sq Ft

Est. 1,282% increase in value since last sale

Current estimated payment $2,204/month

40 Days on Market

About This Home

As of November 2012

Info# 4006 - Great investment opportunity! 3 of the 4 units are vacant. Nice location in downtown Lakeside and Muskegon Lake. This is a FannieMae HomePath Property. Purchase this property for as little as 3% down! This property is eligible for HomePath/HomePath Renovation Mortgage Financing. Buyer to pay $120.00 to rekey locks before close. Buyer to verify taxes/assessments/homestead status: figures/status may change. The attached REO Addendums MUST be completed/included with all offers in order to be submitted.

Last Agent to Sell the Property

Cindy Ellis

Vollmer Inc Muskegon Listed on: 08/31/2012

Last Buyer's Agent

James Hunter

Chrystal-Anderson Realtors Inc License #6501282674

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1910

Lot Details

  • 6,534

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding

Additional Features

  • 6,534 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 26550.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534.0

Rental Info

  • Owner Pays: Water, Sewer, Gas

Tax Info

  • Tax Annual Amount: 2906.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2012
Closed on
Nov 16, 2012
Sold by
Fannie Mae
Bought by
Bucca Properties Llc
Seller's Agent
Cindy Ellis
Vollmer Inc Muskegon
Buyer's Agent
James Hunter
Chrystal-Anderson Realtors Inc
List Price
$34,900
Sold Price
$25,300
Premium/Discount to List
-$9,600
-27.51%
Current Estimated Value
$349,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,370
Avg. Annual Appreciation
22.28%

Purchase Details

Closed on
May 6, 2011
Sold by
Bac Home Loans Servicing L P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 10, 2010
Sold by
Vankammen Craig
Bought by
Bac Home Loans Servicing L P
Source: Public Records

Range of Values:

Collateral Analytics

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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
Bucca Properties Llc $25,300 None Available
Federal National Mortgage Association -- Rei
Bac Home Loans Servicing L P $89,086 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knapp Randy James $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2012 11/20/12 Sold $25,300 -27.5% $9 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $34,900 -- $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 $3,632 $151,500 $0 $0
2024 $681 $124,000 $0 $0
2023 $652 $108,500 $0 $0
2022 $3,331 $88,600 $0 $0
2021 $3,278 $77,200 $0 $0
2020 $3,206 $66,500 $0 $0
2019 $3,149 $58,500 $0 $0
2018 $3,077 $55,600 $0 $0
2017 $2,982 $52,300 $0 $0
2016 $555 $49,900 $0 $0
2015 -- $50,200 $0 $0
2014 $545 $49,900 $0 $0
2013 -- $46,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Cindy Ellis

    Vollmer Inc Muskegon

  • J

    Buyer's Agent in 2012

    James Hunter

    Chrystal-Anderson Realtors Inc

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12048242

Southwestern Michigan Association of REALTORS®

APN: 24-205-497-0001-00

Michigan Muskegon County Muskegon 49441 Nims

1383 Lakeshore Dr, Muskegon, MI

This home is located at 1383 Lakeshore Dr, Muskegon, MI 49441 since 31 August 2012 and is currently estimated at $349,670, approximately $124 per square foot. This property was built in 1910. 1383 Lakeshore Dr is a home located in Muskegon County with nearby schools including Muskegon Catholic Central School and St. Michael Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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