NOT LISTED FOR SALE

1567 W Giles Rd Muskegon, MI 49445

Estimated Value: $327,000 - $378,000

4 Beds
4 Baths
1,944 Sq Ft
$177/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $245,900 $126 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,275/month

11 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Forced Air Heating System
  • Corner Lot: Yes
  • Window Unit Cooling System
  • 8 Car Garage

About This Home

As of April 2022

The investment opportunity you have been waiting for in North Muskegon. A clean and well maintained, move in / tenant ready duplex. Currently with tenant on one side, and vacant / ready to place a tenant on the other side. Entire home is in excellent condition. You can move into half the home and rent out the other, or keep the entire duplex as a rental and enjoy the income it can generate. With the same floor plan on each side, tenants will each enjoy 2 sizable bedrooms, 2 bathrooms, their own laundry area, their own utility bills, attached garages, outdoor rear decks, window a/c units, city water and city sewer. All of this in a very nice area of North Muskegon!! Call today for your private showing!

Last Agent to Sell the Property

James Shull

Five Star Real Estate (Main) License #6502373677 Listed on: 03/01/2022

Five Star Real Estate (Main)

Last Buyer's Agent

Jordan Griffin

Keller Williams Realty Rivertown License #6501407697

Keller Williams Realty Rivertown

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 198x100
  • Corner Lot: Yes
  • Level Lot

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Crawl Space

Parking

  • 8 Car Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • Well
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1986
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 198x100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: Residential
  • 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
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Lot Description:Corner Lot: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Crawl Space: Yes
  • Utilities Attached:Extra Well: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 289000.0
  • Lot Features: Level, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway, Concrete
  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Extra Well

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.45
  • Lot Size Area: 0.45
  • Lot Dimensions: 198x100
  • Lot Size Sq Ft: 19800.0
  • Zoning Description: Residential

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 7342.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Apr 18, 2022
Sold by
Muruco Llc
Bought by
Gallagher Shane
Seller's Agent
James Shull
Five Star Real Estate (Main)
Buyer's Agent
Jordan Griffin
Keller Williams Realty Rivertown
List Price
$289,000
Sold Price
$245,900
Premium/Discount to List
-$43,100
-14.91%
Current Estimated Value
$343,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,850
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
Jun 28, 2018
Sold by
Panozzo Connie and Russell G Buys Declaration Of
Bought by
Muruco Llc

Purchase Details

Closed on
Sep 1, 2016
Sold by
Buys Russell G and Buys Elaine
Bought by
Buys Russell G and Panozzo Connie
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
Gallagher Shane $245,900 Clearstream Title
Muruco Llc -- None Available
Buys Russell G -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2022 04/18/22 Sold $245,900 -14.9% $126 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $289,000 -- $149 / Sq Ft
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 $5,437 $150,700 $0 $0
2024 $1,533 $150,600 $0 $0
2023 $1,466 $125,000 $0 $0
2022 $5,201 $130,300 $0 $0
2021 $7,342 $129,000 $0 $0
2020 $7,311 $119,500 $0 $0
2019 $7,690 $134,000 $0 $0
2018 $3,128 $119,600 $0 $0
2017 $3,144 $87,400 $0 $0
2016 $847 $80,700 $0 $0
2015 -- $71,400 $0 $0
2014 -- $76,500 $0 $0
2013 -- $68,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22006023

Southwestern Michigan Association of REALTORS®

APN: 09-012-100-0001-00