NOT LISTED FOR SALE

Estimated Value: $198,000 - $228,000

3 Beds
3 Baths
-- Sq Ft
4,487 Sq Ft Lot

Last Sold September 28, 2021

Last sale price $150,000

Est. 44% increase in value since last sale

Current estimated payment $1,404/month

21 Days on Market

About This Home

As of September 2021

Great investment opportunity! 3 units all under lease. Has city certificate. Lower unit in front downstairs has 2 bedrooms, 1 bath, Living room and kitchen. Second unit upstairs east side 1 bedroom, bath, kitchen, liv room. Third unit is a studio on west side. Furnace and water heater less that 5 years old. Fenced yard, great location!

Last Agent to Sell the Property

Arthur Aldrich

Five Star Real Estate (Main) License #6501403935 Listed on: 07/28/2021

Co-Listed By

Jeffrey Mohr

Five Star Real Estate (Main) License #6502353325

Last Buyer's Agent

Denise Love

RW Daniels Realty License #6502363255

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,930

Year Built

  • Built in 1900

Lot Details

  • 4,487

Parking

  • 3 Parking Spaces

Home Design

  • Aluminum Siding

Additional Features

  • Michigan Basement
  • 4,487 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 3 Units
  • Operating Expense $200,250

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,930

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 164900.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4487.0
  • Zoning Description: N/A
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 3
  • Operating Expense: 200250.0

Tax Info

  • Tax Annual Amount: 2930.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Oct 19, 2021
Sold by
Amaryllis Owens
Bought by
Early Rays Llc
Seller's Agent
Arthur Aldrich
Five Star Real Estate (Main)
Buyer's Agent
Denise Love
RW Daniels Realty
List Price
$164,900
Sold Price
$150,000
Premium/Discount to List
-$14,900
-9.04%
Current Estimated Value
$215,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,890
Avg. Annual Appreciation
8.80%
Original Mortgage
$112,500
Outstanding Balance
$103,255
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$106,790

Purchase Details

Listed on
Jul 28, 2021
Closed on
Sep 28, 2021
Sold by
Jewett Williams Llc
Bought by
Owens Amaryllis
Seller's Agent
Arthur Aldrich
Five Star Real Estate (Main)
Buyer's Agent
Denise Love
RW Daniels Realty
List Price
$164,900
Sold Price
$150,000
Premium/Discount to List
-$14,900
-9.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Outstanding Balance
$103,255
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$106,790

Purchase Details

Closed on
Jan 14, 2020
Sold by
Williams Sebastian and Jewett Kenneth
Bought by
Jewett Williams Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,425
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 2017
Sold by
Cervantes Veronica and Perez Veronica
Bought by
Williams Sebastian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 2003
Sold by
Rios Galacion and Rios Amanda
Bought by
Perez Ruben and Perez Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,182
Interest Rate
5.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 13, 2000

Purchase Details

Closed on
Aug 7, 1997
Sold by
Mort Corp and Sterlng Bk
Bought by
Perez Veronica

Purchase Details

Closed on
Apr 2, 1997
Bought by
Mort Corp and Perez Veronica

Purchase Details

Closed on
Aug 30, 1995
Sold by
Barto Barto S S and Barto Fortuna B
Bought by
Fortuna Brian and Perez Veronica

Purchase Details

Closed on
Aug 26, 1995
Sold by
Volk Volk M M and Volk Barto J
Bought by
Perez Barto J and Perez Veronica

Purchase Details

Closed on
Feb 15, 1990
Sold by
Loftus Loftus J J and Loftus Barto J
Bought by
Perez Veronica

Purchase Details

Closed on
Jul 31, 1987
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
Early Rays Llc -- Sun Title
Owens Amaryllis $150,000 Sun Title Agency Of Mi Llc
Jewett Williams Llc -- Chicago Title Of Mi Inc
Williams Sebastian $78,000 Sun Title Agency Of Michigan
Perez Ruben $70,000 Chicago Title
-- -- --
Perez Veronica -- --
Mort Corp -- --
Fortuna Brian $30,500 --
Perez Barto J -- --
Perez Veronica $33,500 --
-- $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Amaryllis $112,500
Previous Owner Jewett Williams Llc $166,425
Previous Owner Williams Sebastian $58,500
Previous Owner Perez Ruben $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $150,000 -9.0% --
08/18/2021 08/18/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $164,900 -- --
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 $3,157 $78,700 $0 $0
2024 $3,157 $75,100 $0 $0
2023 $3,132 $64,300 $0 $0
2022 $2,976 $57,400 $0 $0
2021 $2,975 $57,000 $0 $0
2020 $1,772 $48,000 $0 $0
2019 $1,803 $37,800 $0 $0
2018 $1,932 $33,000 $0 $0
2017 $1,185 $25,000 $0 $0
2016 $1,191 $22,200 $0 $0
2015 $1,135 $22,200 $0 $0
2013 -- $25,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21097086

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-479-053