NOT LISTED FOR SALE

16308 Taft Rd Spring Lake, MI 49456

Estimated Value: $373,000 - $512,000

-- Bed
2 Baths
-- Sq Ft
1.33 Acres

Last Sold April 11, 2019

Last sale price $255,000

Est. 65% increase in value since last sale

Current estimated payment $2,766/month

2 Days on Market

Highlights

  • 1.33 Acre Lot
  • 1 Fireplace
  • 4 Car Garage
  • Spring Lake High School Rated A-
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of April 2019

Great investment opportunity in Spring Lake Township. This walkout ranch style duplex has three bedrooms and two baths in each unit. Features include a 1.3 acre lot, full finished walkout basements, laundry hookups, central air, attached garages, decks, kitchen appliances, newer roof and newer septic systems. All utilities have separate meters except water. Nice location close to shopping and highway access. Call for more information. Buyer to verify all information.

Last Agent to Sell the Property

Sandi Gentry

RE/MAX Lakeshore License #6506045021 Listed on: 03/11/2019

RE/MAX Lakeshore

Co-Listed By

Linda Crouse

RE/MAX Lakeshore License #6506045016

Last Buyer's Agent

Gina Loera

Real Broker, LLC License #6501408778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,300

Year Built

  • Built in 1980

Lot Details

  • 1.33 Acre Lot
  • Lot Dimensions are 130x445.5

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Individual Gas Meter
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, trash, gas
  • The owner pays for water

Community Details

Building Details

  • Insurance Expense $900
  • Utility Expense $550
  • Gross Income $25,800

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,300

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1980
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 130x445.5
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: Rural Res
  • 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
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Substructure Walk-Out Access2: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full, Walk-Out Access
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • List Price: 255000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Acres: 1.33
  • Lot Size Area: 1.33
  • Lot Dimensions: 130x445.5
  • Lot Size Sq Ft: 57934.0
  • Zoning Description: Rural Res

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Trash, Gas

Multi Family

  • Gross Income: 25800.0
  • Insurance Expense: 900.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4300.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 10, 2019
Sold by
Marzuki Barbara A and Arbogast Irene J
Bought by
Hooper Shari and Wisdom Joseph
Seller's Agent
Sandi Gentry
RE/MAX Lakeshore
Buyer's Agent
Gina Loera
Real Broker, LLC
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$419,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,649
Avg. Annual Appreciation
8.15%
Original Mortgage
$204,000
Outstanding Balance
$180,082
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$239,567
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
Hooper Shari $255,000 Premier Lakeshore Ttl Agcy L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hooper Shari $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2019 04/11/19 Sold $255,000 0.0% --
03/13/2019 03/13/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $255,000 -- --
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 $5,752 $182,300 $0 $0
2024 $4,672 $163,600 $0 $0
2023 $4,458 $154,300 $0 $0
2022 $5,128 $136,200 $0 $0
2021 $4,951 $130,900 $0 $0
2020 $4,953 $125,200 $0 $0
2019 $3,961 $117,500 $0 $0
2018 $4,477 $107,700 $33,600 $74,100
2017 $4,357 $106,900 $0 $0
2016 $4,337 $98,700 $0 $0
2015 -- $95,100 $0 $0
2014 -- $90,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18056610

Southwestern Michigan Association of REALTORS®

APN: 70-03-10-200-018