NOT LISTED FOR SALE

Estimated Value: $298,000 - $359,788

-- Bed
-- Bath
-- Sq Ft
8,276 Sq Ft Lot

Last Sold July 21, 2017

Last sale price $165,000

Est. 100% increase in value since last sale

Current estimated payment $2,090/month

109 Days on Market

Highlights

  • Corner Lot: Yes
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of July 2017

Great Investment Opportunity. Well Maintained Brick 4 Unit In Milwood. Three Units Are 2 BR/1Ba, 4th Unit Is One Bedroom 1 Bath. All Unit Have Stove And Fridge. The Unit With 1Br Has A/C And Dishwasher. All Utilities Are Separate Except For Water/Sewer. Tenants Are All Long Term Tenants.

Last Agent to Sell the Property

Brian McDonald

Five Star Real Estate (Grandv) Listed on: 03/13/2017

Co-Listed By

Brent Gilbert

Five Star Real Estate (Grandv) License #6501268314

Last Buyer's Agent

Brian McDonald

Five Star Real Estate (Grandv) Listed on: 03/13/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x137.73
  • Corner Lot: Yes

Parking

  • 5 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1963
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60x137.73
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 5785.0
  • Tax Info:Zoning3: RM-36
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Slab: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Brick
  • List Price: 179900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276.0
  • Zoning Description: RM-36
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 5785.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
Jul 21, 2017
Sold by
Strong Alan and Strong Sheila
Bought by
Cypher Real Estate Llc
Seller's Agent
Brian McDonald
Five Star Real Estate (Grandv)
Buyer's Agent
Brian McDonald
Five Star Real Estate (Grandv)
List Price
$199,999
Sold Price
$165,000
Premium/Discount to List
-$34,999
-17.5%
Current Estimated Value
$330,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,697

Purchase Details

Closed on
Aug 30, 2006
Sold by
Reisterer Michael P
Bought by
Strong Alan and Strong Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,160
Interest Rate
6.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 29, 2004
Sold by
Roche Robert J and Roche Raydelle A
Bought by
Pergande Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,544
Interest Rate
6.4%
Mortgage Type
FHA
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
Cypher Real Estate Llc $165,000 Ask Services Inc
Strong Alan $197,700 Chicago Title
Pergande Douglas $172,900 Title Bond
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strong Alan W $154,000
Previous Owner Strong Alan $158,160
Previous Owner Pergande Douglas $171,544
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $165,000 -17.5% --
06/30/2017 06/30/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $199,999 -- --
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 $3,452 $192,900 $0 $0
2024 $3,452 $180,600 $0 $0
2023 $3,290 $154,800 $0 $0
2022 $7,556 $136,600 $0 $0
2021 $7,308 $127,900 $0 $0
2020 $7,170 $119,500 $0 $0
2019 $6,906 $107,200 $0 $0
2018 $6,746 $99,900 $0 $0
2017 $5,520 $93,600 $0 $0
2016 $5,520 $91,200 $0 $0
2015 $5,520 $87,700 $0 $0
2014 $5,520 $86,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17010043

Southwestern Michigan Association of REALTORS®

APN: 06-35-421-314