NOT LISTED FOR SALE

14800 Timber Ln Spring Lake, MI 49456

Estimated Value: $397,492 - $473,000

-- Bed
2 Baths
-- Sq Ft
0.38 Acres

Last Sold February 03, 2021

Last sale price $290,750

Est. 48% increase in value since last sale

Current estimated payment $2,874/month

3 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Spring Lake High School Rated A-
  • High Speed Internet

About This Home

As of February 2021

Welcome to 14800-02 Timber Lane. Don't miss this rare Duplex in Spring Lake Township. Units are 1644 Finished Sq Ft on each side. New roof and landscaping and Underground Sprinkling are features of this very nice home. 14802 is completely remodeled with new flooring throughout, new bathrooms. Fresh paint, new stainless appliances, and Anderson windows will welcome you to this wonderful home in Spring Lake. Call today!

Last Agent to Sell the Property

Mark Besteman

Besteman Properties Group Inc. Listed on: 12/31/2020

Co-Listed By

Susan Besteman

Besteman Properties Group Inc. License #6502417127

Last Buyer's Agent

Christopher Legg

Besteman Properties Group Inc. License #6501431631

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,363

Year Built

  • Built in 2000

Lot Details

  • 0.38 Acre Lot

Parking

  • 10 Parking Spaces

Home Design

  • Composition Roof

Utilities

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

Community Details

  • 2 Units
  • Net Operating Income $1,100

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,363

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 2000
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 279900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Sq Ft: 16509.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Net Operating Income: 1100.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4363.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2020
Closed on
Jan 28, 2021
Sold by
Basteman Mark
Bought by
Robbins Jeremy and Ma Jie
Seller's Agent
Mark Besteman
Besteman Properties Group Inc.
Buyer's Agent
Christopher Legg
Besteman Properties Group Inc.
List Price
$279,900
Sold Price
$290,750
Premium/Discount to List
$10,850
3.88%
Current Estimated Value
$429,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,123
Avg. Annual Appreciation
8.80%
Original Mortgage
$196,000
Outstanding Balance
$145,989
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$281,102

Purchase Details

Closed on
May 14, 2004
Sold by
Eilers Karell Denora and Karrell Jon
Bought by
Besteman Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,600
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage
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
Robbins Jeremy $290,750 None Available
Besteman Mark $198,250 Fatic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robbins Jeremy $196,000
Previous Owner Besteman Mark $44,000
Previous Owner Besteman Mark $158,600
Previous Owner Besteman Mark $19,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2021 02/03/21 Sold $290,750 +3.9% --
01/03/2021 01/03/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $279,900 -- --
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 $6,379 $174,400 $0 $0
2024 $5,404 $177,400 $0 $0
2023 $5,155 $157,400 $0 $0
2022 $5,706 $118,400 $0 $0
2021 $5,114 $109,600 $0 $0
2020 $5,102 $110,200 $0 $0
2019 $5,031 $108,100 $0 $0
2018 $4,798 $100,500 $23,100 $77,400
2017 $4,732 $102,100 $0 $0
2016 $4,710 $103,400 $0 $0
2015 -- $102,000 $0 $0
2014 -- $97,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20051930

Southwestern Michigan Association of REALTORS®

APN: 70-03-01-182-013