NOT LISTED FOR SALE

1424 S State St St. Joseph, MI 49085

-- Bed
-- Bath
-- Sq Ft
0.26 Acres

Last Sold June 20, 2014

Last sale price $149,900

122 Days on Market

Highlights

  • Baseboard Heating
  • High Speed Internet
  • 4-minute walk to Milton Park
  • Upton Middle School Rated A

About This Home

As of June 2014

5 - 6 units apartment building on South State near downtown St. Joseph. 5 occupied units with good rental history. There is individual parking for 6 - covered parking spots (3 garages & 3 carport) Average rent is $442.00 per unit for 5 units. Tenants pays electric. Tenants are month to month. Building has new boiler. Possible 6th unit in walkout basement.

Last Agent to Sell the Property

Jaimie Lenardson

@properties Christie's International R.E. License #6506044716 Listed on: 02/07/2014

@properties Christie's International R.E.

Last Buyer's Agent

Michele Kaiser

@properties Christie's International R.E. License #6501309604

@properties Christie's International R.E.

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1925

Lot Details

  • 0.26

Parking

  • 7 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 0.26 Acre Lot

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 149900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

  • Heating: Baseboard, Hot Water
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11326.0
  • Zoning Description: R-1

Rental Info

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

Tax Info

  • Tax Annual Amount: 5300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2018
Sold by
Mastilenko Aleksey I and Mastilenko Daniela I
Bought by
1424 South State Street Llc

Purchase Details

Closed on
Jul 2, 2018
Sold by
Mastilenko Aleksey and Betancourt Mastilenko Daniela I
Bought by
1424 South State Street Llc

Purchase Details

Listed on
Feb 7, 2014
Closed on
Jun 20, 2014
Sold by
Honor Credit Union
Bought by
Mastilenko Aleksey and Betancourt Mastilenko Daniela I
Seller's Agent
Jaimie Lenardson
@properties Christie's International R.E.
Buyer's Agent
Michele Kaiser
@properties Christie's International R.E.
List Price
$199,900
Sold Price
$149,900
Premium/Discount to List
-$50,000
-25.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2013
Sold by
Zimmerle Johnny W
Bought by
Honor Credit Union

Purchase Details

Closed on
Apr 20, 2006
Sold by
Bowman Larry R and Bowman June E
Bought by
Zimmerle Johnny W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2004
Sold by
T & B Investments
Bought by
Bowman Larry R

Purchase Details

Closed on
Mar 17, 1983
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 Buyer Sale Price Title Company
1424 South State Street Llc -- Mtc
1424 South State Street Llc -- Meridian Title Corp
Mastilenko Aleksey $149,900 Fat
Honor Credit Union $160,000 None Available
Zimmerle Johnny W $207,000 None Available
Bowman Larry R -- --
-- $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mastilenko Aleksey $132,000
Previous Owner Zimmerle Johnny W $165,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2014 06/20/14 Sold $149,900 -25.0% --
06/09/2014 06/09/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $199,900 -- --
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
2025 $6,494 $148,400 $0 $0
2024 $6,359 $134,700 $0 $0
2023 $6,086 $119,300 $0 $0
2022 $5,805 $119,500 $0 $0
2021 $5,721 $112,900 $30,100 $82,800
2020 $5,643 $105,100 $0 $0
2019 $5,581 $89,900 $28,500 $61,400
2018 $5,353 $89,900 $0 $0
2017 $5,068 $90,300 $0 $0
2016 $5,068 $89,900 $0 $0
2015 $5,552 $99,100 $0 $0
2014 $5,252 $98,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jaimie Lenardson

    @ Properties

    (269) 449-6666

    5 in this area

    19 Total Sales

    Jaimie Lenardson
    Section Image

  • M

    Buyer's Agent in 2014

    Michele Kaiser

    @ Properties

    (269) 469-0700

    16 in this area

    99 Total Sales

    Michele Kaiser
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14005260

Southwestern Michigan Association of REALTORS®

APN: 11-76-0026-0019-00-5

Michigan Berrien County Saint Joseph 49085

1424 S State St, Saint Joseph, MI

This home is located at 1424 S State St, St. Joseph, MI 49085 since 07 February 2014. This property was built in 1925. 1424 S State St is a home located in Berrien County with nearby schools including Upton Middle School, St. Joseph High School, and Benton Harbor Charter School Academy.

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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