NOT LISTED FOR SALE

Estimated Value: $281,000 - $323,000

4 Beds
2 Baths
-- Sq Ft
0.43 Acres

Last Sold December 27, 2013

Last sale price $70,000

Est. 327% increase in value since last sale

Current estimated payment $1,828/month

Highlights

  • 0.43 Acre Lot
  • Baseboard Heating
  • Wood Siding

About This Home

As of December 2013

*SHORT SALE*Being Sold As Is Where Is, exempt from disclosures. Seller has never occupied the property and makes no warranties or guarantees as to its condition. All information deemed reliable, however individual verification is recommended. *Seller is a Licensed Agent in the State of Michigan.

Last Agent to Sell the Property

Scott Grondman

Bellabay Realty LLC Listed on: 10/22/2013

Last Buyer's Agent

Scott Grondman

Bellabay Realty SW LLC - I License #6502403040

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1981

Lot Details

  • 0.43 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding

Utilities

  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 60000.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Size Sq Ft: 18731.0

Rental Info

  • Tenant Pays: Electricity, Water, Trash Collection, Sewer, Gas

Tax Info

  • Tax Annual Amount: 2895.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2013
Closed on
Dec 27, 2013
Sold by
Gem Properties & Services Llc
Bought by
Vennen Property Management Llc
Seller's Agent
Scott Grondman
Bellabay Realty LLC
Buyer's Agent
Scott Grondman
Bellabay Realty SW LLC - I
List Price
$60,000
Sold Price
$70,000
Premium/Discount to List
$10,000
16.67%
Current Estimated Value
$298,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,895
Avg. Annual Appreciation
13.14%

Purchase Details

Closed on
Jan 27, 2008
Sold by
Ellinger Richard and Ellinger Susan
Bought by
Gem Properties & Services Llc

Purchase Details

Closed on
Jun 22, 2007
Sold by
Montgomery Rodney and Montgomery Deonia
Bought by
Ellinger Richard A and Ellinger Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2005
Sold by
Johnson Terry L and Johnson Kari
Bought by
Montgomery Rodney and Montgomery Deonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2004
Sold by
Dewitt Ralph W and Dewitt Cheryl A
Bought by
Johnson Terry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,800
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
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
Vennen Property Management Llc $70,000 Stewart Title Agency
Gem Properties & Services Llc -- None Available
Ellinger Richard A $135,000 None Available
Montgomery Rodney $168,000 Beltline Title Agency Inc
Johnson Terry L $162,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellinger Richard A $121,500
Previous Owner Montgomery Rodney $168,000
Previous Owner Johnson Terry L $145,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2013 12/27/13 Sold $70,000 +16.7% --
10/22/2013 10/22/13 Pending -- -- --
10/22/2013 10/22/13 For Sale $60,000 -- --
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 $2,921 $138,800 $0 $0
2024 $2,921 $124,900 $0 $0
2023 $3,657 $124,900 $0 $0
2022 $3,473 $96,100 $0 $0
2021 $3,370 $76,900 $0 $0
2020 $2,397 $73,000 $0 $0
2019 $3,136 $73,000 $0 $0
2018 $3,136 $69,200 $0 $0
2017 $3,062 $61,500 $0 $0
2016 $3,008 $57,600 $0 $0
2015 $2,976 $57,600 $0 $0
2013 -- $51,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13061464

Southwestern Michigan Association of REALTORS®

APN: 41-18-30-326-038