NOT LISTED FOR SALE

Estimated Value: $157,000 - $180,000

4 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold February 09, 2022

Last sale price $135,000

Est. 23% increase in value since last sale

Current estimated payment $1,186/month

54 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 4-minute walk to New Leaf Park
  • Sharp Park Academy Rated A-

About This Home

As of February 2022

Well maintained, city certified duplex located near Sharp Park. Spacious, 2 bdrm units have wood floors, French doors, tiled bathrooms and lots of charming details. Easy access from Fourth St, or the alley behind with 2 car detached garage for tenants to share. Separate laundry areas w/washer & dryer in shared basement. Lower unit features a tiled backsplash & decorative ceiling in the kitchen. Both units are currently leased. Great opportunity for someone looking to purchase rental property, or possibly owner occupied as seller enjoyed for many years. Owner pays water, sewer & garbage. Tenants pay gas & electric. Lower tenant currently does lawn care & snow removal. Please schedule showings a minimum of 36 hours in advance, 10am-7pm.

Last Agent to Sell the Property

Timothy Atkins

ERA REARDON REALTY, L.L.C. License #6506036004 Listed on: 11/04/2021

ERA REARDON REALTY, L.L.C.

Last Buyer's Agent

Tracey Vogt

Chuck Jaqua, REALTOR License #6501432926

Chuck Jaqua, REALTOR

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 1927

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

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

Community Details

Overview

  • 2,456 Buildings
  • 2 Units

Building Details

  • Insurance Expense $1,323
  • Maintenance Expense $1,011
  • Manager Expense $1,764
  • Operating Expense $4,498
  • Gross Income $17,640
  • Net Operating Income $13,142

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,514

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 135000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 2456
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 17640.0
  • Insurance Expense: 1323.0
  • Maintenance Expense: 1011.0
  • Manager Expense: 1764.0
  • Net Operating Income: 13142.0
  • Number of Units Total: 2
  • Operating Expense: 4498.0

Tax Info

  • Tax Annual Amount: 1514.31
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2005
Sold by
Tricor Properties Llc
Bought by
Mykala Mark
Current Estimated Value
$166,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
7.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 23, 2003
Sold by
Mykala Jon and Mykala Michelle T
Bought by
Tricor Properties Llc

Purchase Details

Closed on
Apr 10, 2003
Sold by
Simons Barbara J
Bought by
Mykala Jon

Purchase Details

Closed on
Apr 12, 2001
Sold by
Citizens Bank
Bought by
Simons Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,700
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
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
Mykala Mark $119,000 At
Tricor Properties Llc -- --
Mykala Jon $92,200 --
Simons Barbara J $71,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Sondra M $101,250
Closed Mykala Mark J $95,300
Closed Mykala Mark J $96,800
Closed Mykala Mark J $11,000
Closed Mykala Mark $107,100
Previous Owner Simons Barbara J $64,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $135,000 0.0% --
11/04/2021 11/04/21 For Sale $135,000 -- --
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 $3,315 $59,200 $0 $0
2024 $2,867 $50,200 $0 $0
2023 $2,751 $46,000 $0 $0
2022 $1,378 $38,300 $0 $0
2021 $1,516 $30,100 $0 $0
2020 $1,347 $26,800 $0 $0
2019 $1,311 $22,450 $0 $0
2018 $1,250 $20,950 $0 $0
2017 $1,146 $23,300 $0 $0
2016 $988 $23,600 $23,600 $0
2015 $1,359 $17,650 $17,650 $0
2014 $1,359 $21,900 $21,900 $0
2013 -- $21,900 $21,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21113876

Southwestern Michigan Association of REALTORS®

APN: 3-2454.1000