$393,000
SOLD JUN 26, 2024

1642 Pennoyer Ave Unit 1644 Grand Haven, MI 49417

-- Bed
-- Bath
-- Sq Ft
8,077 Sq Ft Lot

Recently Sold

6% Below List Price

14 Days on Market

Highlights

  • 1 Fireplace
  • Laundry Room
  • 4-minute walk to Bolt Park
  • White Pines Intermediate School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

Step into a prime investment opportunity with the dual-income producing duplex at 1642-1644 Pennoyer Ave in the scenic town of Grand Haven, Michigan. This property stands out with its fully furnished units and comprehensive renovations, designed to attract both mid-term and long-term renters. On one side, enjoy the flexibility of a mid-term rental that boasts stylish furnishings included in the sale, generating $2,800 monthly during the chillier winter months and up to $4,000 in the vibrant summer season, based on 28+ day stays. The other side offers a stable $1,600 monthly from long-term leasing.Every inch of this duplex reflects quality and modern taste, with brand-new appliances, sleek quartz countertops, freshly painted interiors, chic painted cabinets, durable new flooring, completely revamped bathrooms including contemporary vanities and sinks, and efficient replacement windows enhancing both comfort and aesthetic appeal.Located just a short stroll from Grand Haven's bustling downtown, tenants have quick access to gourmet dining spots like The Kirby Grill and Pronto Pup, plus endless leisure activities including boating and beach outings at Grand Haven Beach. Whether it's savoring sunset views by the Grand Haven Pier or exploring local shops, this property is ideally positioned to provide a lifestyle that's both relaxing and invigorating.Make a smart move by investing in this turnkey property where every detail has been curated to maximize comfort, style, and rental income. An excellent addition to any real estate portfolio, this duplex promises to be a continual source of revenue and a gateway to the charming life in Grand Haven.

Last Agent to Sell the Property

Ryan Prichard

Keller Williams Realty Rivertown License #6506048360 Listed on: 04/24/2024

Keller Williams Realty Rivertown

Last Buyer's Agent

Lisa Wiersma

Five Star Real Estate (Main) License #6506047678

Five Star Real Estate (Main)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,811

Year Built

  • Built in 1972

Lot Details

  • 8,077 Sq Ft Lot
  • Lot Dimensions are 61 x 132

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,811

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 420000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Gas Dryer Hookup, In Basement, Laundry Closet, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 61 x 132
  • Lot Size Sq Ft: 8077.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5810.75
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jun 26, 2024
Sold by
Grand Haven Riverside Retreat Llc
Bought by
Pietruszka Lisa
Seller's Agent
Ryan Prichard
Keller Williams Realty Rivertown
Buyer's Agent
Lisa Wiersma
Five Star Real Estate (Main)
List Price
$420,000
Sold Price
$393,000
Premium/Discount to List
-$27,000
-6.43%
Total Days on Market
14
Views
51
Current Estimated Value
$393,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55
Avg. Annual Appreciation
0.02%
Original Mortgage
$373,350
Outstanding Balance
$370,547
Interest Rate
7.03%
Mortgage Type
VA
Estimated Equity
$22,508

Purchase Details

Closed on
Aug 28, 2023
Sold by
Hecklinski Sara
Bought by
Grand Haven Riverside Retreat Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2023
Sold by
Speyside House Llc
Bought by
Hecklinski Sara and Prichard Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.73%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 12, 2022
Sold by
Great Northern Housing Llc
Bought by
Speyside House Llc

Purchase Details

Closed on
Mar 3, 2017
Sold by
Batchelder Lynn Marie
Bought by
Batchelder Stephen Ross and Batchelder Stephen
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $393,000 Chicago Title
Quit Claim Deed -- Chicago Title Of Michigan
Warranty Deed -- Bell Title
Warranty Deed -- Bell Title
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $373,350 VA
Previous Owner $276,000 New Conventional
Previous Owner $150,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $393,000 -6.4% --
05/08/2024 05/08/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $420,000 -- --
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 $7,107 $141,500 $0 $0
2023 $5,635 $107,700 $0 $0
2022 $2,461 $100,000 $0 $0
2021 $2,409 $83,800 $0 $0
2020 $2,380 $73,600 $0 $0
2019 $2,338 $64,500 $0 $0
2018 $2,188 $53,000 $0 $0
2017 $2,188 $53,000 $0 $0
2016 -- $41,700 $0 $0
2015 -- $39,400 $0 $0
2014 -- $40,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24019692

Southwestern Michigan Association of REALTORS®

APN: 70-03-27-102-009