$79,500
SOLD NOV 21, 2014
-- Bed
-- Bath
-- Sq Ft
5,940 Sq Ft Lot

Recently Sold

6% Below List Price

125 Days on Market

About This Home

As of January 2017

This smart 2 family home has been a solid investment property and under the same ownership for 46 years and it has 4 years left on a transferable 6 year rental certificate! The lower level 2 bedroom apartment has been rented in the past for $525 and the original woodwork has been kept to preserve it's charm and character. It also has access to the basement for storage and the washer & dryer. The upper 1 bedroom apartment is currently rented month-to-month for $450. The home has separate electric meters and the gas is split 60/40, plus the tenants mow the grass. Rents and property values are going up and there may never be a better time to buy, so don't wait too long on this one!

Last Agent to Sell the Property

Doug Klaasen

Keller Williams Lakeshore License #6502354195 Listed on: 06/19/2014

Keller Williams Lakeshore

Last Buyer's Agent

Beverly Scholten

RE/MAX Lakeshore

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,921

Year Built

  • Built in 1911

Lot Details

  • 5,940 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Aluminum Siding

Utilities

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

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,921

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 82000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 5940.0

Rental Info

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

Tax Info

  • Tax Annual Amount: 1921.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2021
Sold by
Going Homes Llc
Bought by
Becthal Ronald Theodore and Koopman Becthal Maya
Current Estimated Value
$282,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Outstanding Balance
$123,671
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$148,051

Purchase Details

Closed on
Jun 14, 2021
Sold by
Bechtel Ronald and Koopman Bechtel Maya
Bought by
Goint Home Llc

Purchase Details

Listed on
Jan 20, 2017
Closed on
Jan 18, 2017
Sold by
Challenge Ii Llc
Bought by
Bechtel Ronald and Koopman Bechtel Maya
Seller's Agent
Sarah Lilly
West Edge Real Estate
Buyer's Agent
Sarah Lilly
West Edge Real Estate
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$93,750
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2014
Closed on
Nov 21, 2014
Sold by
Genzink Marvin and Genzink Viola Mae
Bought by
Challenge Ii Llc
Seller's Agent
Doug Klaasen
Keller Williams Lakeshore
Buyer's Agent
Beverly Scholten
RE/MAX Lakeshore
List Price
$84,900
Sold Price
$79,500
Premium/Discount to List
-$5,400
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.19%
Original Mortgage
$85,000
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End 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 Type Sale Price Title Company
Quit Claim Deed -- Ata National Title Group Llc
Quit Claim Deed -- None Available
Warranty Deed $125,000 Chicago Title
Warranty Deed $79,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $134,400 New Conventional
Previous Owner $93,750 New Conventional
Previous Owner $85,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $125,000 0.0% --
01/20/2017 01/20/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $125,000 +57.2% --
11/21/2014 11/21/14 Sold $79,500 -6.4% --
10/22/2014 10/22/14 Pending -- -- --
06/19/2014 06/19/14 For Sale $84,900 -- --
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 $3,294 $100,300 $0 $0
2024 $3,294 $93,400 $0 $0
2023 $6,179 $82,600 $0 $0
2022 $2,945 $81,000 $0 $0
2021 $2,859 $68,000 $0 $0
2020 $2,844 $62,500 $0 $0
2019 $2,823 $49,500 $0 $0
2018 $2,695 $42,500 $0 $0
2017 $2,251 $42,500 $0 $0
2016 $2,251 $40,000 $0 $0
2015 $2,457 $37,500 $0 $0
2014 $2,457 $33,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14034833

Southwestern Michigan Association of REALTORS®

APN: 70-16-29-355-020