NOT LISTED FOR SALE

Estimated Value: $203,000 - $281,000

-- Bed
-- Bath
-- Sq Ft
257 Sq Ft Lot

Last Sold June 04, 2015

Last sale price $82,000

Est. 193% increase in value since last sale

Current estimated payment $1,697/month

62 Days on Market

Highlights

  • Corner Lot: Yes
  • Wood Siding
  • 3-minute walk to Sweet Street Park
  • Forced Air Heating System

About This Home

As of June 2015

All 3 Units Are Rented And Tenants Have Separate Electric Bills. New Forced Air Furnace 2007 Which Services All 3 Units. Gas Costs Are Paid By Owner New Windows And Insulation Have Been Installed 2007. Compliance Current Til November 2016. All Units In Good Shape.Now is the time to buy this total income is at 1570 month/ 18840 per year

Last Agent to Sell the Property

David DeBruyn

Greenridge Realty (Kentwood) License #6506044808 Listed on: 02/16/2015

Last Buyer's Agent

Anthony Rietema

Encompass-Realtors License #6501376286

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,494

Year Built

  • Built in 1950

Lot Details

  • 257 Sq Ft Lot
  • Lot Dimensions are 32x60x53x60
  • Corner Lot: Yes

Home Design

  • Wood Siding

Basement

  • Walk-Out Basement

Parking

  • 3 Parking Spaces
  • Unpaved Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $750
  • Maintenance Expense $300
  • Manager Expense $2,000
  • Utility Expense $600
  • Gross Income $18,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,494

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Walk Out

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 96500.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected

Lot Info

  • Lot Size Acres: 0.01
  • Lot Size Area: 0.01
  • Lot Size Sq Ft: 257.0
  • Zoning Description: RES-2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 18840.0
  • Insurance Expense: 750.0
  • Maintenance Expense: 300.0
  • Manager Expense: 2000.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1494.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2022
Sold by
Acacia Global Properties Llc
Bought by
Anchante Graciela
Current Estimated Value
$240,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Outstanding Balance
$239,798
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$240

Purchase Details

Listed on
Feb 16, 2015
Closed on
Jun 4, 2015
Sold by
Halpin Scott and Donnelly Halpin Donna
Bought by
Acacia Global Properties Llc
Seller's Agent
David DeBruyn
Greenridge Realty (Kentwood)
Buyer's Agent
Anthony Rietema
Encompass-Realtors
List Price
$96,500
Sold Price
$82,000
Premium/Discount to List
-$14,500
-15.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$131,750
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 5, 2003
Sold by
Chambers Christopher and Chambers Dondra
Bought by
Halpin Scott and Donnelly Halpin Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,250
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 1992
Sold by
Mtg Co Am and Mtg Co Am
Bought by
Halpin Scott Connelly-Halpin Donna

Purchase Details

Closed on
Dec 21, 1989

Purchase Details

Closed on
Dec 20, 1989

Purchase Details

Closed on
Dec 19, 1989

Purchase Details

Closed on
Feb 10, 1989
Sold by
Vanderlende Vanderlende G G and Wobma Vanderlende
Bought by
Halpin Scott Connelly-Halpin Donna

Purchase Details

Closed on
Jan 14, 1989

Purchase Details

Closed on
Jan 13, 1989
Sold by
Vanderlende Vanderlende A A and Vanderlende Vander
Bought by
Halpin Scott Connelly-Halpin Donna

Purchase Details

Closed on
Jan 6, 1989

Purchase Details

Closed on
Apr 1, 1980
Sold by
Strlng Jasman E and Strlng Bk
Bought by
Halpin Scott Connelly-Halpin Donna
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
Anchante Graciela -- Chicago Title
Acacia Global Properties Llc $82,000 None Available
Halpin Scott $92,500 Metropolitan Title Company
Chambers Christopher $70,000 Metropolitan Title Company
Halpin Scott Connelly-Halpin Donna -- --
-- -- --
-- -- --
-- $9,100 --
Halpin Scott Connelly-Halpin Donna $47,000 --
-- -- --
Halpin Scott Connelly-Halpin Donna -- --
-- $47,000 --
Halpin Scott Connelly-Halpin Donna $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anchante Graciela $255,290
Closed Anchante Graciela R $255,290
Previous Owner Acacia Global Properties Llc $131,750
Previous Owner Halpin Scott $72,500
Previous Owner Chambers Christopher $83,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2015 06/04/15 Sold $82,000 -15.0% --
04/19/2015 04/19/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $96,500 -- --
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 $4,316 $112,100 $0 $0
2024 $4,316 $96,400 $0 $0
2023 $4,286 $82,400 $0 $0
2022 $2,020 $83,000 $0 $0
2021 $1,968 $64,900 $0 $0
2020 $1,902 $57,300 $0 $0
2019 $1,948 $49,800 $0 $0
2018 $1,888 $41,700 $0 $0
2017 $1,842 $34,600 $0 $0
2016 $1,851 $31,100 $0 $0
2015 $1,527 $31,100 $0 $0
2013 -- $32,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15006239

Southwestern Michigan Association of REALTORS®

APN: 41-14-18-329-001