NOT LISTED FOR SALE

Estimated Value: $88,000 - $124,000

2 Beds
1.5 Baths
772 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $16,500 $21 Per Sq Ft

Est. 557% increase in value since last sale

Current estimated payment $662/month

116 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Bungalow

About This Home

As of March 2016

Great investment opportunity! Recently remodeled, two bedroom, one full bath home situated on a corner lot in the City of Muskegon. Full basement, detached garage, and main floor laundry. All plumbing is new and the bathroom/kitchen have been remodeled. Exterior was painted in 2015 and compliance certificate is good for 4 years. Was most recently rented out for $520 per month. Owner is licensed Realtor in State of MI.

Last Agent to Sell the Property

Mike Meyer

Greenridge Realty License #6501315063 Listed on: 10/09/2015

Last Buyer's Agent

David Medendorp

Medendorp Real Estate Group License #6502399695

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,791 Sq Ft Lot
  • Lot Dimensions are 40x124

Parking

  • Detached Garage

Home Design

  • Bungalow
  • Composition Roof
  • HardiePlank Siding

Interior Spaces

  • 772 Sq Ft Home
  • 1-Story Property
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x124
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 772.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 829.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Natural Gas4: Yes
  • General Property Info:SqFt Above Grade: 772.0
  • General Property Info Garage YN: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Partial
  • LivingArea: 772.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: HardiPlank Type
  • List Price: 19900.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:HardPlankCement Board: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Available, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 40x124
  • Lot Size Sq Ft: 4791.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 829.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2015
Closed on
Mar 7, 2016
Sold by
Meyer Properties Llc
Bought by
Ira Quest and Glenn Derge Ira #24621-11
Seller's Agent
Mike Meyer
Greenridge Realty
Buyer's Agent
David Medendorp
Medendorp Real Estate Group
List Price
$19,900
Sold Price
$16,500
Premium/Discount to List
-$3,400
-17.09%
Current Estimated Value
$108,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,978
Avg. Annual Appreciation
21.65%

Purchase Details

Closed on
Jan 8, 2008
Sold by
Meyer Jason and Meyer Mike
Bought by
Meyer Properties Llc

Purchase Details

Closed on
Jul 6, 2007
Sold by
Tourre Bruce and Tourre Kendra S
Bought by
Meyer Mike and Meyer Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,506
Interest Rate
6.5%
Mortgage Type
Unknown
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
Ira Quest $16,500 Chicago Title
Meyer Properties Llc -- None Available
Meyer Mike $53,000 Lighthouse Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyer Properties Llc $16,125
Previous Owner Meyer Mike $52,506
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $16,500 -17.1% $21 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
10/09/2015 10/09/15 For Sale $19,900 -- $26 / 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 $853 $39,400 $0 $0
2024 $157 $31,800 $0 $0
2023 $151 $25,000 $0 $0
2022 $784 $18,200 $0 $0
2021 $772 $15,300 $0 $0
2020 $755 $15,100 $0 $0
2019 $742 $14,700 $0 $0
2018 $844 $13,200 $0 $0
2017 $1,529 $12,800 $0 $0
2016 $149 $12,600 $0 $0
2015 -- $13,100 $0 $0
2014 $160 $14,400 $0 $0
2013 -- $13,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15054203

Southwestern Michigan Association of REALTORS®

APN: 24-185-101-0001-00