NOT LISTED FOR SALE

163 Mill Ave SE Caledonia, MI 49316

Estimated Value: $410,163 - $498,000

6 Beds
4 Baths
-- Sq Ft
0.89 Acres

Last Sold May 26, 2015

Last sale price $216,000

Est. 108% increase in value since last sale

Current estimated payment $2,966/month

28 Days on Market

Highlights

  • 0.89 Acre Lot
  • Brick or Stone Mason
  • 4 Car Garage
  • Caledonia Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 3-minute walk to Caledonia Lakeside Park

About This Home

As of May 2015

Very hard to find duplex in Caledonia schools. One unit are long term tenants. Very quiet and in walking distance to schools and shopping. Perfect for owner occupied. Easy to show. Lease on rented unit expires 06/23/16.

Last Agent to Sell the Property

Mary Kay McCleve

Cherry Valley Realty LLC - I License #6501241809 Listed on: 04/03/2015

Co-Listed By

John McCleve

McCleve, John License #6502369388

Last Buyer's Agent

Greg Zoller

Berkshire Hathaway HomeServices Michigan Real Estate (South) License #6501336949

Berkshire Hathaway HomeServices Michigan Real Estate (South)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 93 x 140 x 145 x125

Parking

  • 4 Car Garage

Home Design

  • Brick or Stone Mason
  • Composition Roof
  • Vinyl Siding
  • Stone

Utilities

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

Additional Features

  • Walk-Out Basement
  • Mineral Rights

Listing and Financial Details

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

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer, trash, snow removal, water
  • 2 Units

Building Details

  • Insurance Expense $861
  • Maintenance Expense $1,605
  • Utility Expense $1,287
  • Operating Expense $3,753
  • Gross Income $26,700
  • Net Operating Income $22,947

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 2003
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 93 X 140 X 145 X125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 5760.0
  • Tax Info:Zoning3: R3
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Walk Out: Yes
  • Mineral Rights:Yes: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Walk Out

Exterior Features

  • Construction Materials: Stone
  • List Price: 229000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Stone: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Well, Public
  • Water Well: Yes

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Sewer, Trash, Snow Removal, Water

Lot Info

  • Lot Size Acres: 0.89
  • Lot Size Area: 0.89
  • Lot Size Sq Ft: 38768.0
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 26700.0
  • Insurance Expense: 861.0
  • Maintenance Expense: 1605.0
  • Net Operating Income: 22947.0
  • Number of Units Total: 2
  • Operating Expense: 3753.0

Tax Info

  • Tax Annual Amount: 5760.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2023
Sold by
Larson Scott and Larson Julie A
Bought by
Munroe Michelle K
Current Estimated Value
$449,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,936
Interest Rate
6.67%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 3, 2015
Closed on
May 26, 2015
Sold by
Vanduinen Theodore L and Vanduinen Carol L
Bought by
Larson Scott and Larson Julie A
Seller's Agent
Mary Kay McCleve
Cherry Valley Realty LLC - I
Buyer's Agent
Greg Zoller
Berkshire Hathaway HomeServices Michigan Real Estate (South)
List Price
$239,000
Sold Price
$216,000
Premium/Discount to List
-$23,000
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
Apr 12, 2005
Sold by
Doehring Lynn and Doehring Van Duinen
Bought by
Vanduinen Theodore L and Vanduinen Van Duinen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2004
Sold by
Vanduinen Theodore L and Vanduinen Carol L
Bought by
Vanduinen Theodore L and Vanduinen Carol L
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
Munroe Michelle K $390,000 None Listed On Document
Larson Scott $216,000 None Available
Vanduinen Theodore L -- --
Doehring Lynn -- Transnation Title
Vanduinen Theodore L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munroe Michelle K $381,257
Closed Munroe Michelle K $382,936
Previous Owner Doehring Lynn $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2015 05/26/15 Sold $216,000 -9.6% --
05/01/2015 05/01/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $239,000 -- --
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 $6,281 $206,800 $0 $0
2024 $6,281 $188,600 $0 $0
2023 $7,712 $169,100 $0 $0
2022 $7,461 $159,000 $0 $0
2021 $7,269 $150,400 $0 $0
2020 $4,830 $141,900 $0 $0
2019 $604,393 $130,300 $0 $0
2018 $6,912 $128,100 $0 $0
2017 $6,702 $117,700 $0 $0
2016 $6,362 $123,600 $0 $0
2015 $5,775 $123,600 $0 $0
2013 -- $105,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mary Kay McCleve

    Cherry Valley Realty LLC - I

  • J

    Seller Co-Listing Agent in 2015

    John McCleve

    McCleve, John

  • G

    Buyer's Agent in 2015

    Greg Zoller

    Berkshire Hathaway HomeServices Michigan Real Estate (South)

    (616) 813-6630

    7 in this area

    43 Total Sales

    Greg Zoller
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15014617

Southwestern Michigan Association of REALTORS®

APN: 41-23-29-251-025

Michigan Kent County Caledonia 49316

163 Mill Ave SE, Caledonia, MI

This home is located at 163 Mill Ave SE, Caledonia, MI 49316 since 03 April 2015 and is currently estimated at $449,291. This property was built in 2003. 163 Mill Ave SE is a home located in Kent County with nearby schools including Caledonia Elementary School, Emmons Lake Elementary School, and Kettle Lake Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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