NOT LISTED FOR SALE

17320 Oak St Spring Lake, MI 49456

Estimated Value: $311,000 - $380,000

4 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold April 12, 2013

Last sale price $104,900

Est. 234% increase in value since last sale

Current estimated payment $2,189/month

25 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding
  • Spring Lake High School Rated A-

About This Home

As of April 2013

Newly refreshed duplex with convenient access to Spring Lake's public beach! Fresh paint & new floor coverings in both units. Each unit offers 2 bedrooms & 1 bath, separate living & dining areas, over 1000 sq ft of finished living space. Kitchen furnished with refrigerator, dishwasher & stove. Basement is heated & drywalled; add carpet for an additional 250 sq ft finished per unit. Separate gas & electric meters. A great investment property! 7.5% cap rate! Financials available.

Last Agent to Sell the Property

Philip Brown

Berkshire Hathaway HomeServices Clyde Hendrick Listed on: 01/25/2013

Last Buyer's Agent

Andrew Drasiewski

Coldwell Banker Schmidt Realtors

Coldwell Banker Schmidt Realtors

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1979

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Utilities

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

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 1979

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • List Price: 104900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: 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: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10019.0
  • Zoning Description: R-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: 2678.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2013
Closed on
Apr 12, 2013
Sold by
Rolf Michael Leo and Rolf Patricia B
Bought by
Salkowski Sally A
Seller's Agent
Philip Brown
Berkshire Hathaway HomeServices Clyde Hendrick
Buyer's Agent
Andrew Drasiewski
Coldwell Banker Schmidt Realtors
List Price
$104,900
Sold Price
$104,900
Current Estimated Value
$350,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,975
Avg. Annual Appreciation
10.27%
Original Mortgage
$102,999
Outstanding Balance
$73,548
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$277,327
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
Salkowski Sally A $104,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salkowski Sally A $102,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2013 04/12/13 Sold $104,900 0.0% --
02/19/2013 02/19/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $104,900 -- --
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 $3,326 $107,900 $0 $0
2024 $2,460 $101,300 $0 $0
2023 $2,348 $98,500 $0 $0
2022 $2,940 $91,900 $0 $0
2021 $2,608 $87,200 $0 $0
2020 $2,609 $87,400 $0 $0
2019 $2,576 $84,400 $0 $0
2018 $2,443 $75,400 $28,800 $46,600
2017 $2,380 $68,900 $0 $0
2016 $2,368 $64,000 $0 $0
2015 -- $63,000 $0 $0
2014 -- $60,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13005262

Southwestern Michigan Association of REALTORS®

APN: 70-03-14-166-012