NOT LISTED FOR SALE

Estimated Value: $204,000 - $228,000

3 Beds
2 Baths
-- Sq Ft
5,060 Sq Ft Lot

Last Sold November 20, 2023

Last sale price $197,000

Est. 12% increase in value since last sale

Current estimated payment $1,650/month

4 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Wood Siding

About This Home

As of November 2023

Open house Saturday 10/21 from 12:00pm-2:00pm. Great investment opportunity with long term tenants. Lower unit has 1020 square feet with Kitchen/ eating area, living room, 2 bedrooms and bath. Lower unit has access to basement. Lower unit rents for $1,200 a month. Upstairs unit has a kitchen/eating area, living room and 1 bedroom and bath. Upstairs unit rents for $850 a month. Tenants pay all utilities except water/sewer. Plenty of off-street parking makes this even better.

Last Agent to Sell the Property

Craig Kishman

Kishman Realty LLC License #6501228517 Listed on: 10/19/2023

Last Buyer's Agent

Craig Kishman

Kishman Realty LLC License #6501228517 Listed on: 10/19/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,564

Year Built

  • Built in 1900

Lot Details

  • 5,060 Sq Ft Lot
  • Lot Dimensions are 44 x 115

Home Design

  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,564

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 44 x 115
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4564.18
  • Tax Info:Zoning3: Two Family
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Gravel: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full

Exterior Features

  • Construction Materials: Wood Siding, Aluminum Siding
  • List Price: 200000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: None Available, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 44 x 115
  • Lot Size Sq Ft: 5060.0
  • Zoning Description: Two Family
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4564.18
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 20, 2023
Sold by
Gomez Yunni
Bought by
Gomez Juan and Gomez Yunni
Seller's Agent
Craig Kishman
Kishman Realty LLC
Buyer's Agent
Craig Kishman
Kishman Realty LLC
List Price
$200,000
Sold Price
$197,000
Premium/Discount to List
-$3,000
-1.5%
Views
6
Current Estimated Value
$220,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,808
Avg. Annual Appreciation
6.16%
Original Mortgage
$147,750
Outstanding Balance
$145,236
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$75,572

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 1, 2021
Sold by
Maria Mendez Living Trust
Bought by
Bradford Ryan
Seller's Agent
Kelley Rahilly
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Caitlyn Wisniewski
616 Realty LLC
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%
Original Mortgage
$147,283
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2015
Sold by
Mendez Juan F and Mendez Maria
Bought by
Mendez Maria and The Maria Mendez Living Trust

Purchase Details

Closed on
Apr 30, 1998

Purchase Details

Closed on
Sep 6, 1996

Purchase Details

Closed on
Nov 1, 1982
Source: Public Records

Range of Values:

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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
Gomez Juan -- None Listed On Document
Gomez Yunni $197,000 None Listed On Document
Bradford Ryan $150,000 None Listed On Document
Mendez Maria -- Attorney
-- $50,000 --
-- $33,000 --
-- $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Yunni $147,750
Previous Owner Bradford Ryan $147,283
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2023 11/20/23 Sold $197,000 -1.5% --
10/23/2023 10/23/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $200,000 +33.3% --
10/01/2021 10/01/21 Sold $150,000 0.0% -- View Prior Sale
09/04/2021 09/04/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $150,000 -- --
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 $5,739 $90,600 $0 $0
2024 $5,739 $85,500 $0 $0
2023 $3,956 $71,500 $0 $0
2022 $3,681 $61,300 $0 $0
2021 $2,338 $58,300 $0 $0
2020 $2,152 $48,800 $0 $0
2019 $2,226 $41,100 $0 $0
2018 $2,148 $35,800 $0 $0
2017 $2,098 $33,200 $0 $0
2016 $2,046 $32,800 $0 $0
2015 $2,028 $32,800 $0 $0
2013 -- $31,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23139039

Southwestern Michigan Association of REALTORS®

APN: 41-17-02-279-003