NOT LISTED FOR SALE

165 N Main St NE Cedar Springs, MI 49319

Estimated Value: $157,000 - $265,000

5 Beds
3 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $125,000

Est. 71% increase in value since last sale

Current estimated payment $1,439/month

8 Days on Market

Highlights

  • Accessible Ramps
  • Radiant Heating System
  • 4-minute walk to Heart Of Cedar Springs Park
  • High Speed Internet

About This Home

As of October 2021

Just steps from Cedar Springs Brewery and the library, this fully occupied duplex sits in an area slated for future commercial development. White Pine Trailhead is on adjacent city-owned lot alongside Cedar Creek. Steps to the Library and Cedar Springs Brewery. One lease thru June 2022 and one renews monthly. Professionally managed and certified. Unit one is a 3 bed/1.5 bath, unit two is a 1 bed/1 bath unit with a finish-able walkup second floor that is currently unused. Both units have laundry hook-up. Gross rents are $1345/mo. Tenants pay gas, electric, and trash. Landlord pays water/sewer. Cash only.

Last Agent to Sell the Property

Peter Bruinsma

Grand River Realty License #6502402583 Listed on: 09/22/2021

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1925

Lot Details

  • 8,712

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Radiant Heating System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Crawl Space
  • Accessible Ramps
  • 8,712 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Ramped Entrance
  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 145000.0
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Radiant
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: B-3
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3480.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Oct 15, 2021
Sold by
Cedar Holding Company Llc
Bought by
Round Lake Dr Llc
Seller's Agent
Peter Bruinsma
Grand River Realty
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%
Current Estimated Value
$214,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,370
Avg. Annual Appreciation
14.47%

Purchase Details

Closed on
Jan 30, 2018
Sold by
Hullinger Properties Llc
Bought by
Cedar Holding Company L L C

Purchase Details

Closed on
Jun 20, 2014
Sold by
Vanhestern Janice and Vanhestern Van Hestern
Bought by
Hullinger Properties Llc
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 Buyer Sale Price Title Company
Round Lake Dr Llc $125,000 None Listed On Document
Cedar Holding Company L L C $70,000 Sun Title Agency Of Michigan
Hullinger Properties Llc $17,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $125,000 -13.8% --
09/30/2021 09/30/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $145,000 -- --
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 $3,580 $80,000 $0 $0
2024 $3,580 $58,900 $0 $0
2023 $3,969 $65,300 $0 $0
2022 $4,787 $75,400 $0 $0
2021 $3,479 $71,300 $0 $0
2020 $3,339 $57,100 $0 $0
2019 $3,252 $52,100 $0 $0
2018 $1,328 $25,500 $0 $0
2017 $1,294 $20,600 $0 $0
2016 $1,265 $20,600 $0 $0
2015 -- $20,600 $0 $0
2013 -- $20,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21107157

Southwestern Michigan Association of REALTORS®

APN: 41-02-25-427-011