NOT LISTED FOR SALE

Estimated Value: $222,000 - $257,635

5 Beds
2 Baths
-- Sq Ft
4,950 Sq Ft Lot

Last Sold March 10, 2017

Last sale price $95,000

Est. 145% increase in value since last sale

Current estimated payment $1,588/month

15 Days on Market

About This Home

As of March 2017

Great inveestment property. New siding. Both units are identical and have separate utilities. Electrical has been updated. Roof is three years old. This property is well kept.

Last Agent to Sell the Property

Andrea Sesma

Greenridge Realty (EGR) License #6501395871 Listed on: 02/06/2017

Last Buyer's Agent

Allison Koetsier

Compass Realty Services License #6502378425

Compass Realty Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,950 Sq Ft Lot
  • Lot Dimensions are 45x110

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Unpaved Driveway

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1924
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 45x110
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2740.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Utilities Attached:Telephone Line: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 99500.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4950.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2740.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Mar 10, 2017
Sold by
Monarrez Jose R and Monarrez Maria C
Bought by
Iiams Carlton C
Seller's Agent
Andrea Sesma
Greenridge Realty (EGR)
Buyer's Agent
Allison Koetsier
Compass Realty Services
List Price
$99,500
Sold Price
$95,000
Premium/Discount to List
-$4,500
-4.52%
Current Estimated Value
$232,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,659
Avg. Annual Appreciation
11.12%

Purchase Details

Closed on
Apr 5, 2007
Sold by
Dmj Development Llc
Bought by
Monarrez Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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
Iiams Carlton C $95,000 Chicago Title Of Michigan
Monarrez Jose R $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liams Carlton C $69,950
Previous Owner Monarrez Jose R $65,500
Previous Owner Monarrez Jose R $70,000
Previous Owner Dmj Development Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $95,000 -4.5% --
02/21/2017 02/21/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $99,500 -- --
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 $3,777 $114,700 $0 $0
2024 $3,777 $109,500 $0 $0
2023 $3,781 $93,300 $0 $0
2022 $3,529 $78,800 $0 $0
2021 $3,445 $74,800 $0 $0
2020 $3,171 $61,700 $0 $0
2019 $3,279 $51,800 $0 $0
2018 $3,165 $46,700 $0 $0
2017 $2,087 $43,800 $0 $0
2016 $3,177 $43,200 $0 $0
2015 $3,318 $43,200 $0 $0
2013 -- $43,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17004436

Southwestern Michigan Association of REALTORS®

APN: 41-17-02-407-022