NOT LISTED FOR SALE

14825 Timber Ln Spring Lake, MI 49456

Estimated Value: $401,580 - $515,000

Studio
-- Bath
-- Sq Ft
0.41 Acres

Last Sold December 13, 2024

Last sale price $375,000

Est. 20% increase in value since last sale

Current estimated payment $2,929/month

7 Days on Market

About This Home

As of December 2024

LOCATION! LOCATION! LOCATION! Not too often do these multi-family units come available in this area! Each side of this duplex offers 3 beds, 2 FULL baths, basement, deck, and walkout!! Ample amount of parking with each unit offering 1 stall attached garage, driveway PLUS off street parking spots! Tenant occupied unit will be shown upon accepted offer.**Selling AS- IS**

Last Agent to Sell the Property

Amy Garcia

Bellabay Realty LLC License #6501421442 Listed on: 11/04/2024

Bellabay Realty LLC

Last Buyer's Agent

Amy Garcia

Bellabay Realty LLC License #6501421442 Listed on: 11/04/2024

Bellabay Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,336

Year Built

  • Built in 1999

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100x180

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, trash, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,336

Year Built

Built in 1999

Lot Details

0.41 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1999
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100x180
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: Not provided
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Laundry Features In Basement: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 399000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Utilities: Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.41
  • Lot Size Area: 0.41
  • Lot Dimensions: 100x180
  • Lot Size Sq Ft: 17990.0
  • Zoning Description: Not provided

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Trash, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 8336.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
Dec 13, 2024
Sold by
Casarez James
Bought by
Pkz Properties Llc
Seller's Agent
Amy Garcia
Bellabay Realty LLC
Buyer's Agent
Amy Garcia
Bellabay Realty LLC
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Views
9
Current Estimated Value
$448,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,645
Avg. Annual Appreciation
16.41%
Original Mortgage
$300,000
Outstanding Balance
$297,636
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$151,009

Purchase Details

Closed on
Sep 15, 2022
Sold by
Juanita Briggs
Bought by
Casarez James George

Purchase Details

Closed on
Sep 15, 2020
Sold by
Briggs Investments Llc
Bought by
Briggs Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2017
Sold by
Briggs Juanita C
Bought by
Briggs Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pkz Properties Llc $380,000 Next Door Title Agency
Casarez James George $345,000 Premier Lakeshore Title
Briggs Juanita -- None Available
Briggs Investments Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pkz Properties Llc $300,000
Previous Owner Briggs Juanita $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $375,000 -6.0% --
11/11/2024 11/11/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $399,000 -- --
Source: MichRIC

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 $7,410 $178,000 $0 $0
2024 $70 $181,200 $0 $0
2023 $6,663 $160,700 $0 $0
2022 $5,589 $120,900 $0 $0
2021 $5,399 $115,200 $0 $0
2020 $5,386 $117,500 $0 $0
2019 $5,312 $115,200 $0 $0
2018 $5,066 $106,100 $23,400 $82,700
2017 $4,990 $107,700 $0 $0
2016 $4,968 $109,000 $0 $0
2015 -- $107,600 $0 $0
2014 -- $102,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24057795

MichRIC

APN: 70-03-01-182-004

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