$90,000
SOLD FEB 19, 2021
-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Recently Sold

8 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding

About This Home

As of February 2024

Cash flowing 4 unit. Easy to rent. Long term tenant just moved out which gives you opportunity to update and increase rents. Would make great owner occupant property. House hack your way through this 4 unit.
Can be packaged with up to 6 other properties. 1408 E Main, 527 Phelps, 550 Phelps, 609 Trimble, 1303 E Stockbridge and 1315 E Stockbridge. 18 units in all.

Last Agent to Sell the Property

Matt Clouse

Weichert REALTORS Plat (Main) Listed on: 12/02/2020

Weichert REALTORS Plat (Main)

Last Buyer's Agent

Paul Graham

Five Star Real Estate License #6501385788

Five Star Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,690

Year Built

  • Built in 1905

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,690

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 90000.0
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3485.0
  • Zoning Description: unknown
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 1690.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2024
Closed on
Feb 14, 2024
Sold by
5 Four Investments Inc
Bought by
1402 E Main Llc
Seller's Agent
Charlie Bradford
Chuck Jaqua, REALTOR
Buyer's Agent
Charles Teunis
Bellabay Realty LLC
List Price
$199,000
Sold Price
$179,000
Premium/Discount to List
-$20,000
-10.05%
Views
17
Current Estimated Value
$171,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,257
Avg. Annual Appreciation
-2.52%

Purchase Details

Listed on
Aug 20, 2021
Closed on
Nov 9, 2021
Sold by
Ahmad Ahmad M M and Ahmad Layla M
Bought by
Saunders John and Saunders Deandra
Seller's Agent
Paul Graham
Five Star Real Estate
Buyer's Agent
Jennell Robinson
Lockett-Jones Realty Group
Sold Price
$151,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%

Purchase Details

Listed on
Dec 2, 2020
Closed on
Feb 19, 2021
Sold by
Mec Properties Llc
Bought by
Ahmad Ahmad M M and Ahmad Mohamad Layla
Seller's Agent
Matt Clouse
Weichert REALTORS Plat (Main)
Buyer's Agent
Paul Graham
Five Star Real Estate
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.18%

Purchase Details

Closed on
Jan 30, 2018
Sold by
Smc Venutres Llc
Bought by
Mec Properties Llc

Purchase Details

Closed on
Jun 10, 2016
Sold by
Smc Ventures Llc
Bought by
Mec Properties Llc

Purchase Details

Closed on
Apr 15, 2011
Sold by
Commerce Real Estate Llc
Bought by
Smc Ventures Llc

Purchase Details

Closed on
May 5, 2006
Sold by
Dodson Douglas L and Dodson Jean M
Bought by
Commerce Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
10%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $179,000 Chicago Title Of Michigan
Warranty Deed $151,000 Star Title
Warranty Deed $90,000 Bell Title Agency
Warranty Deed $160,000 None Available
Land Contract -- None Available
Warranty Deed $165,000 First American Title Ins Co
Quit Claim Deed -- Devon
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 For Rent $850 0.0% --
02/16/2024 02/16/24 Sold $179,000 -10.1% --
02/03/2024 02/03/24 Pending -- -- --
01/28/2024 01/28/24 For Sale $199,000 +31.8% --
11/09/2021 11/09/21 Sold $151,000 +4.1% --
09/17/2021 09/17/21 Pending -- -- --
08/20/2021 08/20/21 For Sale -- -- --
08/09/2021 08/09/21 Off Market $145,000 -- --
08/06/2021 08/06/21 For Sale $145,000 +61.1% --
02/19/2021 02/19/21 Sold $90,000 0.0% --
12/10/2020 12/10/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $90,000 -- --
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 $2,905 $60,800 $0 $0
2024 $1,204 $48,800 $0 $0
2023 $1,147 $44,500 $0 $0
2022 $2,682 $37,600 $0 $0
2021 $1,843 $33,300 $0 $0
2020 $2,825 $29,800 $0 $0
2019 $1,634 $24,200 $0 $0
2018 $1,607 $23,800 $0 $0
2017 $1,544 $24,300 $0 $0
2016 $1,544 $22,100 $0 $0
2015 $1,544 $22,200 $0 $0
2014 $1,544 $21,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20049232

Southwestern Michigan Association of REALTORS®

APN: 06-14-198-201