NOT LISTED FOR SALE

1567 W Giles Rd Muskegon, MI 49445

Estimated Value: $308,000 - $326,000

4 Beds
4 Baths
1,944 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 18, 2022

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

Est. 30% increase in value since last sale

Current estimated payment $1,919/month

11 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • High Speed Internet

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

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1986

Lot Details

  • 0.45

Parking

  • 8 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Window Unit Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Crawl Space
  • 0.45 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, sewer, gas

Property Details

Home Type

Apartment

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 289000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: 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: 0.45
  • Lot Size Area: 0.45
  • Lot Size Sq Ft: 19800.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, 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
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$289,000
Sold Price
$245,900
Premium/Discount to List
-$43,100
-14.91%
Total Days on Market
11
Current Estimated Value
$319,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,161
Avg. Annual Appreciation
9.89%
Original Mortgage
$241,445
Interest Rate
5%
Mortgage Type
FHA

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallagher Shane $241,445
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22006023

Southwestern Michigan Association of REALTORS®

APN: 09-012-100-0001-00