NOT LISTED FOR SALE

179 E Water St Constantine, MI 49042

Estimated Value: $159,000 - $240,000

-- Bed
-- Bath
-- Sq Ft
0.33 Acres

Last Sold May 08, 2012

Last sale price $27,500

Est. 584% increase in value since last sale

Current estimated payment $1,159/month

3 Days on Market

Highlights

  • Waterfront
  • Property is near a preserve or public land
  • Forced Air Heating System

About This Home

As of May 2012

Historic Brick Building with lots of possibilities offers a Great View of the St. Joseph River and is adjacent to Village boat launch, Riverwalk & park. The main floor has aprx 1875 s/f plus a large 20x24 screened porch overlooking the river. The second story has aprx 1875 s/f plus there is a walkout basement with aprx 2300s/f. Currently set up w/3 rental units, could possibly be 4 units. Many possible uses, multi family, storefront w/living quarters, restaurant,etc. The property needs repairs and updates and is being sold in AS IS condition. Call for appointment - currently rented.

Last Listed By

Vinette Reames

Reames Real Estate Listed on: 03/26/2012

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 0.33 Acre Lot
  • Waterfront

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Basement

  • Walk-Out Basement

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • 3 Units
  • Property is near a preserve or public land

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk Out

Exterior Features

  • Construction Materials: Brick
  • List Price: 29900.0
  • Lot Features: Adj to Public Land, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Water Body Name: St Joseph River
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.33
  • Lot Size Area: 0.33
  • Lot Size Sq Ft: 14375.0

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2509.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
King Scott Alan
Bought by
King Roxana J and King Roxana S
Total Days on Market
3
Current Estimated Value
$188,055

Purchase Details

Listed on
Mar 26, 2012
Closed on
May 2, 2012
Sold by
Southern Michigan Bank & Trust
Bought by
King Scott and King Roxana
Seller's Agent
Vinette Reames
Reames Real Estate
Buyer's Agent
Vinette Reames
RE/MAX Elite Group
List Price
$29,900
Sold Price
$27,500
Premium/Discount to List
-$2,400
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.40%

Purchase Details

Closed on
Jul 14, 2011
Sold by
Hammon Keith
Bought by
Southern Michigan Bank & Trust and First National Bank

Purchase Details

Closed on
May 1, 2007
Sold by
Hammon Martin D
Bought by
Hammon Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 11, 1997

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
King Roxana J -- None Available
Southern Michigan Bank & Trust $25,187 None Available
Hammon Keith $30,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hammon Keith $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2012 05/08/12 Sold $27,500 -8.0% --
03/29/2012 03/29/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $29,900 -- --
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
2024 $1,332 $89,400 $6,800 $82,600
2023 $528 $75,700 $6,100 $69,600
2022 $562 $68,200 $6,100 $62,100
2021 $636 $57,700 $6,800 $50,900
2020 $1,109 $50,500 $6,800 $43,700
2019 $2,048 $44,800 $6,800 $38,000
2018 $2,009 $45,200 $6,800 $38,400
2017 $2,173 $45,700 $45,700 $0
2016 -- $45,600 $45,600 $0
2015 -- $48,200 $0 $0
2014 -- $45,400 $45,400 $0
2012 -- $38,200 $38,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12016145

Southwestern Michigan Association of REALTORS®

APN: 043-080-008-00