NOT LISTED FOR SALE

16400 Hickory St Spring Lake, MI 49456

Estimated Value: $463,000 - $565,000

-- Bed
-- Bath
-- Sq Ft
2.28 Acres

Last Sold May 23, 2023

Last sale price $393,500

Est. 27% increase in value since last sale

Current estimated payment $3,433/month

52 Days on Market

Highlights

  • Wooded Lot
  • 1 Fireplace
  • 3 Car Garage
  • Spring Lake High School Rated A-
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of May 2023

This 2.28 acre two-family home is a great investment income opportunity with newer appliances, roof, paint and more. Open floor plans, for entertaining. Spacious living space and bedrooms and plenty of light from the large windows. Both rental units have tenants. The first unit has 3 bedrooms, two bathrooms and many updates. The second unit has 2 bedrooms and 1 bathroom. New roof installed in 2017, new furnace, air condition units, and water heaters on both sides. Close to the Spring Lake public access and just a short drive to Spring Lake Schools, Hoffmaster Park, Campgrounds, Grand Haven Pier, Shops Boardwalk, Great Lakes Mall, Drive In Theatre and much more. You'll feel the peacefulness of country living with all of the excitement of shoreline towns all just minutes from your door.

Last Listed By

Lisa Wiersma

Five Star Real Estate (Main) License #6506047678 Listed on: 03/04/2023

Five Star Real Estate (Main)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,657

Year Built

  • Built in 1988

Lot Details

  • 2.28 Acre Lot
  • Lot Dimensions are 110x904
  • Level Lot
  • Wooded Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Crawl Space

Parking

  • 3 Car Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,657

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1988
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • List Price: 399900.0
  • Lot Features: Level, Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0
  • 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 Available, Electricity Available, Cable Available, Electricity Connected, Cable Connected, Water Available, Propane
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Acres: 2.28
  • Lot Size Area: 2.28
  • Lot Dimensions: 110x904
  • Lot Size Sq Ft: 99317.0
  • Zoning Description: Res Improved
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5657.03
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2023
Closed on
May 23, 2023
Sold by
15264 Clovernook Llc
Bought by
942 Benjamin Llc
Seller's Agent
Lisa Wiersma
Five Star Real Estate (Main)
Buyer's Agent
Chris Botruff
United Realty Services LLC
List Price
$399,900
Sold Price
$393,500
Premium/Discount to List
-$6,400
-1.6%
Total Days on Market
52
Views
210
Current Estimated Value
$498,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,079
Avg. Annual Appreciation
10.08%

Purchase Details

Listed on
Jan 31, 2022
Closed on
Feb 28, 2022
Sold by
Alejandro Otero
Bought by
15264 Clovernook Llc
Seller's Agent
Daniel McCrath
Coldwell Banker Woodland Schmidt ART Office
Buyer's Agent
Lisa Wiersma
Five Star Real Estate (Main)
List Price
$389,900
Sold Price
$384,000
Premium/Discount to List
-$5,900
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%

Purchase Details

Closed on
Nov 10, 2021
Sold by
Adams Craig S
Bought by
Otero Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,602
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jul 16, 2020
Sold by
Schurr Chris and Schurr Brandey
Bought by
Adams Craig S
Seller's Agent
Trevor Garbow
Eastbrook Realty
Buyer's Agent
Jess Garrison
Coldwell Banker Woodland Schmidt Grand Haven
List Price
$279,900
Sold Price
$279,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%

Purchase Details

Listed on
Jul 1, 2015
Closed on
Apr 8, 2016
Sold by
Steven J Pawlowski Living Trust
Bought by
Schurr Chris and Schurr Brandey
Seller's Agent
Rebecca VanderStelt
RE/MAX West
Buyer's Agent
Blake Wever
Apex Realty Group
List Price
$239,000
Sold Price
$219,900
Premium/Discount to List
-$19,100
-7.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$215,916
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2013
Sold by
Pawlowski Steven J and Pawlowski Lauri
Bought by
Pawlowski Steven J and Pawlowski Lauri

Range of Values:

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Average Value
Not Available
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
942 Benjamin Llc $393,500 None Listed On Document
15264 Clovernook Llc $384,000 None Listed On Document
Otero Alejandro $298,000 Fatic
Adams Craig S $279,900 Chicago Title Of Mi Inc
Schurr Chris $219,900 Premier Lakeshore Title
Pawlowski Steven J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 15264 Clovernook Llc $251,586
Previous Owner Otero Alejandro $292,602
Previous Owner Schurr Christopher $19,000
Previous Owner Schurr Chris $215,916
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $393,500 -1.6% --
04/25/2023 04/25/23 Pending -- -- --
03/04/2023 03/04/23 For Sale $399,900 +4.1% --
02/28/2022 02/28/22 Sold $384,000 -1.5% --
02/04/2022 02/04/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $389,900 +39.3% --
07/16/2020 07/16/20 Sold $279,900 0.0% --
06/30/2020 06/30/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $279,900 +27.3% --
04/11/2016 04/11/16 Sold $219,900 -8.0% --
03/02/2016 03/02/16 Pending -- -- --
07/01/2015 07/01/15 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
2024 $8,010 $193,500 $0 $0
2023 $7,107 $171,400 $0 $0
2022 $5,657 $144,100 $0 $0
2021 $6,238 $129,700 $0 $0
2020 $4,314 $114,000 $0 $0
2019 $4,259 $112,100 $0 $0
2018 $4,039 $104,500 $29,000 $75,500
2017 $4,018 $107,000 $0 $0
2016 $4,424 $98,700 $0 $0
2015 -- $95,100 $0 $0
2014 -- $91,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23006358

Southwestern Michigan Association of REALTORS®

APN: 70-03-03-300-046