T
Seller's Agent in 2018
Thomas Serio
Five Star Real Estate
1596 8th St Muskegon, MI 49441
Nelson NeighborhoodEstimated Value: $184,000 - $224,000
4
Beds
4
Baths
2,256
Sq Ft
$92/Sq Ft
Est. Value
About This Home
As of June 2018Great investment opportunity! 4 unit apartment building with 4 identical units and common hallway. Each unit has separate utilities. Main floor units have newer forced air furnaces, upper units have space heaters. This building offers replacement windows, maintenance free vinyl siding, and a steel roof. Lots of parking in the rear. Currently rented to long term tenants, tenants rights apply. Great rental history! Buyer to verify all information.
Last Agent to Sell the Property
Thomas Serio
Five Star Real Estate Listed on: 04/03/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,418
Year Built
- Built in 1900
Lot Details
- 7,840 Sq Ft Lot
- Lot Dimensions are 55 x 150
Home Design
- Vinyl Siding
Basement
- Partial Basement
Parking
- 8 Parking Spaces
- Unpaved Driveway
Utilities
- Forced Air Heating System
- Space Heater
- Heating System Uses Natural Gas
- Individual Gas Meter
- Cable TV Available
Listing and Financial Details
- Tenant pays for gas
- The owner pays for water
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $502
- Maintenance Expense $500
- Utility Expense $1,732
- Operating Expense $4,153
- Gross Income $19,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 3, 2022
Sold by
Chladek and Trisha
Bought by
Jake Investments Solutions Inc
Current Estimated Value
Purchase Details
Listed on
Apr 3, 2018
Closed on
Jul 1, 2018
Sold by
Chladek Jacob
Bought by
Chladek Jacob and Chladek Trisha
Seller's Agent
Thomas Serio
Five Star Real Estate
Buyer's Agent
Julie Grevengoed
Clarity Realty LLC
List Price
$130,000
Sold Price
$110,000
Premium/Discount to List
-$20,000
-15.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$82,500
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 3, 2018
Closed on
Jun 29, 2018
Sold by
Stephens Homs And Ivnestments Llc
Bought by
Chladek Jacob
Seller's Agent
Thomas Serio
Five Star Real Estate
Buyer's Agent
Julie Grevengoed
Clarity Realty LLC
List Price
$130,000
Sold Price
$110,000
Premium/Discount to List
-$20,000
-15.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 3, 2018
Closed on
Jun 20, 2018
Sold by
Chladek Jacob
Bought by
Chladek Jacob and Chladek Trisha
Seller's Agent
Thomas Serio
Five Star Real Estate
Buyer's Agent
Julie Grevengoed
Clarity Realty LLC
List Price
$130,000
Sold Price
$110,000
Premium/Discount to List
-$20,000
-15.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2016
Sold by
Knox Wayne T and Knox Jacqueline
Bought by
Stephens/Homes & Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
3.61%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 30, 2009
Sold by
Mackenzie Patrick A and Mackenzie Thelma R
Bought by
Knox Wayne T
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jake Investments Solutions Inc | $175,000 | None Listed On Document | |
| Chladek Jacob | -- | None Available | |
| Chladek Jacob | $110,000 | Ata Natl Title Group Llc | |
| Chladek Jacob | -- | None Available | |
| Stephens/Homes & Investments Llc | $35,000 | Midstate Title Agency Llc | |
| Knox Wayne T | $39,900 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chladek Jacob | $82,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2018 06/29/18 | Sold | $110,000 | -15.4% | $49 / Sq Ft |
| 05/21/2018 05/21/18 | Pending | -- | -- | -- |
| 04/03/2018 04/03/18 | For Sale | $130,000 | -- | $58 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $4,591 | $90,000 | $0 | $0 |
| 2024 | $866 | $89,900 | $0 | $0 |
| 2023 | $828 | $70,600 | $0 | $0 |
| 2022 | $2,238 | $53,000 | $0 | $0 |
| 2021 | $2,202 | $48,300 | $0 | $0 |
| 2020 | $2,153 | $42,200 | $0 | $0 |
| 2019 | $2,115 | $33,500 | $0 | $0 |
| 2018 | $1,434 | $22,700 | $0 | $0 |
| 2017 | $1,418 | $22,700 | $0 | $0 |
| 2016 | $246 | $20,800 | $0 | $0 |
| 2015 | -- | $22,200 | $0 | $0 |
| 2014 | $269 | $24,600 | $0 | $0 |
| 2013 | -- | $23,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Julie Grevengoed
Buyer's Agent in 2018
Julie Grevengoed
Clarity Realty LLC
(616) 466-4539
110 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 18012776
APN: 24-205-430-0007-00
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