NOT LISTED FOR SALE

Estimated Value: $393,000 - $406,000

-- Bed
4 Baths
-- Sq Ft
0.38 Acres

Last Sold December 17, 2021

Last sale price $336,500

Est. 18% increase in value since last sale

Current estimated payment $2,479/month

2 Days on Market

Highlights

  • Private Waterfront
  • Wooded Lot
  • Forced Air Heating and Cooling System
  • East Kentwood High School Rated A-
  • Cul-De-Sac
  • 6 Car Garage

About This Home

As of December 2021

Offered for sale is this spacious Kentwood duplex located in a quiet, private setting. The 1395 address is currently leased for $1495 a month with perfect payment history. Remodeling has just been completed at the un-occupied 1393 address and is ready to lease or occupy per the buyers option. Main floor amenities in both units include covered entry, spacious living room, kitchen with slider to deck overlooking large wooded lot with creek, 2 bedrooms with wood floors and large closets and a full tiled bath. The walk out levels both feature a large family room with slider to patio, large storage/mechanical room, spacious 3rd bedroom with large closet and egress window and a 3/4 bath. Recent improvements to the 1393 unit include new carpet and paint in Sept 2021, new furnace in 2017, and new water heater in 2014. Improvements to 1395 include new carpet, paint, refrigerator and dishwasher in May of 2020 and new water heater in 2015. Additional improvements include new garage doors and seals in Aug 2021, fresh paint on front entry and decks in Sept 2021, updated code compliant chimney installation in 2017 and roof tear off and replacement in 2017. Both furnaces were inspected and A/C inspected and serviced in Aug 2021. Pictures provided of the 1395 address were taken just prior to occupation by current tenant in July of 2020.

Last Agent to Sell the Property

Jordan Nemmers

Cascade Properties Rlty LLC License #6506042764 Listed on: 11/16/2021

Last Buyer's Agent

Ryan Mutchler

Keller Williams GR East License #6501431484

Keller Williams GR East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,933

Year Built

  • Built in 1968

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 93x180
  • Private Waterfront
  • 93 Feet of Waterfront
  • Cul-De-Sac
  • Wooded Lot

Parking

  • 6 Car Garage

Home Design

  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Water Views
  • Walk-Out Basement
  • Water Access

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,933

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1968
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 93X180
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3933.0
  • Tax Info:Zoning3: R2
  • Waterfront Options:Water Access YN: Yes
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Waterfront Options:Water Frontage3: 93.0
  • Substructure:Walk Out: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Walk Out

Exterior Features

  • List Price: 325000.0
  • Lot Features: Cul-De-Sac, Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Water Body Name: Creek
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Sq Ft: 16727.0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3933.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Dec 17, 2021
Sold by
Mark Sattler Jerry and Mark Julie L
Bought by
Toth Matthew
Seller's Agent
Jordan Nemmers
Cascade Properties Rlty LLC
Buyer's Agent
Ryan Mutchler
Keller Williams GR East
List Price
$325,000
Sold Price
$336,500
Premium/Discount to List
$11,500
3.54%
Current Estimated Value
$396,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,238
Avg. Annual Appreciation
4.41%
Original Mortgage
$286,025
Outstanding Balance
$262,607
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$134,131

Purchase Details

Closed on
Nov 30, 2017
Sold by
Sattler Jerry Mark and Sattler Jerry M
Bought by
Sattler Jerry Mark and Sattler Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2015
Sold by
Sattler Jerry Mark and Sattler Julie Lynn
Bought by
Sattler Jerry Mark and Poe Allen R

Purchase Details

Closed on
Feb 2, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Sattler Jerry Mark

Purchase Details

Closed on
Sep 8, 2008
Sold by
Wells Fargo Bank Na
Bought by
Hud

Purchase Details

Closed on
Mar 5, 2008
Sold by
Rahmic Admira and Rahmic Amira
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 29, 2004
Sold by
Young Bruce A and Young Amy E
Bought by
Rahmic Admira and Rahmic Amira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,355
Interest Rate
5.8%
Mortgage Type
FHA
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
Toth Matthew $336,500 Bell Title
Sattler Jerry Mark -- First American Title
Sattler Jerry Mark -- None Available
Sattler Jerry Mark $115,000 None Available
Hud -- None Available
Wells Fargo Bank Na $225,435 None Available
Rahmic Admira $205,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toth Matthew $286,025
Previous Owner Sattler Jerry Mark $108,000
Previous Owner Rahmic Admira $203,355
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $336,500 +3.5% --
11/18/2021 11/18/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $325,000 -- --
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
2025 $4,494 $176,100 $0 $0
2024 $4,494 $158,500 $0 $0
2023 $5,206 $152,800 $0 $0
2022 $4,912 $105,700 $0 $0
2021 $3,973 $100,700 $0 $0
2020 $2,863 $90,600 $0 $0
2019 $3,871 $81,500 $0 $0
2018 $3,786 $72,500 $0 $0
2017 $3,694 $67,900 $0 $0
2016 $3,605 $63,400 $0 $0
2015 $3,364 $63,400 $0 $0
2013 -- $61,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21115304

Southwestern Michigan Association of REALTORS®

APN: 41-18-32-407-014