$342,500
SOLD DEC 16, 2024

16251 Taft Rd Spring Lake, MI 49456

-- Bed
-- Bath
-- Sq Ft
0.91 Acres

Recently Sold

3% Below List Price

49 Days on Market

Highlights

  • 0.91 Acre Lot
  • 1 Fireplace
  • Forced Air Heating System
  • Spring Lake High School Rated A-

About This Home

As of December 2024

Discover the perfect blend of comfort and investment potential with this charming duplex, ideally situated on nearly an acre of land in the highly sought-after Spring Lake school district. This property features two spacious units, making it an excellent choice for savvy investors or those looking to live in one side while renting out the other. Both units boast laundry hookups for added convenience. Recent upgrades include a new roof, new furnace, and fresh siding, providing peace of mind and reducing maintenance worries for years to come. With its prime location and strong rental demand, this duplex is a fantastic opportunity to secure your financial future. Don't miss out on this rare find—schedule your showing today and explore the potential this property has to offer!

Last Agent to Sell the Property

Dirk Stone

Five Star Real Estate GH License #6501335451 Listed on: 09/18/2024

Five Star Real Estate GH

Last Buyer's Agent

Amy Reedy

Reedy Realty LLC License #6502431362

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,395

Year Built

  • Built in 1978

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 100x396x99x396

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Crawl Space
  • Laundry in unit

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash collection, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,395

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1978
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100x396x99x396
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 3395.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Water:Public2: Yes
  • Substructure:Crawl Space: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: No
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 354900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Unit
  • Sewer: Septic Tank
  • Utilities: Cable Available, Natural Gas Connected, Electricity Connected
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Acres: 0.91
  • Lot Size Area: 0.91
  • Lot Dimensions: 100x396x99x396
  • Lot Size Sq Ft: 39640.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3395.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Dec 16, 2024
Sold by
Klumpel Terry L and Klumpel Sarah K
Bought by
Pacheco James and Pacheco Christine Marie
Seller's Agent
Dirk Stone
Five Star Real Estate GH
Buyer's Agent
Amy Reedy
Reedy Realty LLC
List Price
$354,900
Sold Price
$342,500
Premium/Discount to List
-$12,400
-3.49%
Views
47
Current Estimated Value
$359,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,247
Avg. Annual Appreciation
6.33%
Original Mortgage
$145,000
Outstanding Balance
$143,860
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$215,887

Purchase Details

Closed on
May 4, 2018
Sold by
Sprague Bradley and Kitchel Randall
Bought by
Klumpel Terry L and Klumpel Sarahy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2008
Sold by
Katt Leslie and Katt Luann
Bought by
Sprague Bradley and Kitchell Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,900
Interest Rate
6.66%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 20, 2005
Sold by
16251 Taft Llc
Bought by
Katt Leslie and Katt Luann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 7, 2004
Sold by
Katt Leslie J and Katt Luann
Bought by
16251 Taft Llc

Purchase Details

Closed on
May 19, 2004
Sold by
Ward Andrew S and Mathews Patricia
Bought by
Katt Lester and Katt Luann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,100
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $342,500 None Listed On Document
Warranty Deed $342,500 None Listed On Document
Warranty Deed $125,000 Foundation Title Agency Llc
Warranty Deed $94,900 Chicago Title
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed -- Harbor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,000 New Conventional
Closed $145,000 New Conventional
Previous Owner $93,750 New Conventional
Previous Owner $94,900 Balloon
Previous Owner $104,400 Fannie Mae Freddie Mac
Previous Owner $79,100 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2024 12/16/24 Sold $342,500 -3.5% --
11/06/2024 11/06/24 Pending -- -- --
10/22/2024 10/22/24 For Sale $354,900 0.0% --
10/14/2024 10/14/24 Off Market $354,900 -- --
09/18/2024 09/18/24 For Sale $354,900 -- --
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 $3,600 $142,000 $0 $0
2024 $3,050 $113,000 $0 $0
2023 $2,909 $98,300 $0 $0
2022 $3,221 $81,500 $0 $0
2021 $3,111 $72,700 $0 $0
2020 $3,104 $63,800 $0 $0
2019 $3,065 $62,700 $0 $0
2018 $2,611 $59,300 $17,500 $41,800
2017 $2,541 $60,700 $0 $0
2016 $2,530 $56,200 $0 $0
2015 -- $54,300 $0 $0
2014 -- $52,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24049274

Southwestern Michigan Association of REALTORS®

APN: 70-03-03-400-048