NOT LISTED FOR SALE

14363 Rainbow Ave Kaleva, MI 49645

Estimated Value: $174,566 - $235,000

4 Beds
2 Baths
1,800 Sq Ft
$110/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $62,000 $34 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $1,208/month

61 Days on Market

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Baseboard Heating

About This Home

As of January 2017

Excellent turn-key rental property! 2 units with 2 bedrooms/1 bath and each with own 1 cap garage. Rent both or live in one and let the rental income from the other pay your mortgage.

Last Agent to Sell the Property

Jennifer Hastings

Key Realty One-TC License #6501391762 Listed on: 10/04/2016

Key Realty One-TC

Co-Listed By

Sam Flamont

The Mitten Real Estate Group License #6502431112

Last Buyer's Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708

Coldwell Banker Schmidt Traver

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1970

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 74x196
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Oven or Range

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Cable TV Available

Community Details

  • 2 Units
  • Rengo Addition Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,526

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: 2 Residences / 1 Lot
  • Style: Duplex, 1 Story
  • Estimated Year Built: 1970
  • Construction: Frame
  • Section Number: 31
  • Year Updated: 2010
  • Percent Of Remodel: 80
  • Year Renovated: 2010
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Price Per Sq Ft: 34.44
  • Range: R 14W
  • Total Finished Sf Apx: 1800

Exterior Features

  • Exterior Features: Covered Porch, Gutters
  • Exterior Finish: Aluminum Siding
  • Foundation: Crawl Space
  • Number Of Acres: 0.33
  • Road: Public Maintained
  • Roof: Composite

Garage/Parking

  • Primary Garage: Garage For Each Unit

Utilities

  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Municipal
  • Heating Cooling Type: Baseboard, Window Air Conditioner

Association/Amenities

  • Development Name: Rengo Addition

Schools

  • School District: Kaleva Norman Dickson School District

Lot Info

  • Lot Dimensions: 74x196
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Kaleva Norman Dickson School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2016
Closed on
Jan 31, 2017
Sold by
Morris Ellsworth B Trust
Bought by
Klockziem Kenneth
Seller's Agent
Jennifer Hastings
Key Realty One-TC
Buyer's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$62,000
Sold Price
$62,000
Current Estimated Value
$198,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,642
Avg. Annual Appreciation
14.56%

Purchase Details

Closed on
Jan 7, 2014
Sold by
Morris Ellsworth
Bought by
Morris Ellsworth B Trust

Purchase Details

Closed on
Feb 27, 2012
Sold by
Risser Dennis and Risser Patsy
Bought by
Morris Ellsworth

Purchase Details

Closed on
Jan 1, 2007
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
Klockziem Kenneth $62,000 --
Morris Ellsworth B Trust -- --
Morris Ellsworth -- --
-- $82,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $62,000 0.0% $34 / Sq Ft
12/04/2016 12/04/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $62,000 -- $34 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $1,526 $80,100 $0 $0
2024 $653 $81,200 $0 $0
2023 $623 $68,700 $0 $0
2022 $1,619 $61,200 $61,200 $0
2021 $1,563 $56,000 $56,000 $0
2020 $1,530 $55,500 $55,500 $0
2019 $1,511 $53,900 $53,900 $0
2018 $1,994 $48,500 $48,500 $0
2017 $673 $17,200 $17,200 $0
2016 $380 $19,300 $19,300 $0
2015 -- $19,500 $19,500 $0
2014 -- $19,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1823908

Northern Great Lakes REALTORS® MLS

APN: 38-541-703-21