NOT LISTED FOR SALE

18073 Mohawk Dr Spring Lake, MI 49456

Estimated Value: $317,000 - $377,000

-- Bed
2 Baths
-- Sq Ft
0.41 Acres

Last Sold February 24, 2020

Last sale price $195,000

Est. 82% increase in value since last sale

Current estimated payment $2,281/month

14 Days on Market

Highlights

  • End Unit
  • Forced Air Heating System
  • 4-minute walk to Ferrysburg Nature Preserve
  • Lake Hills Elementary School Rated A

About This Home

As of February 2020

Great rental in Spring Lake, Grand Haven Schools. 18073 Mohawk new paint, carpet, light fixtures and window treatments. 18075 Mohawk - Great Condition with some updates. Both units have sliders out to private backyard, patio, underground sprinkling, new landscaping. Seller is related to listing agent.

Last Agent to Sell the Property

Paul Brooks

RE/MAX Lakeshore Listed on: 01/06/2020

Last Buyer's Agent

Gina Vis

HomeRealty, LLC License #6501309291

HomeRealty, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,023

Year Built

  • Built in 1979

Lot Details

  • 0.41 Acre Lot
  • End Unit

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Gross Income $21,600
  • Net Operating Income $15,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,023

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1979
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Aluminum Siding
  • List Price: 210000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.41
  • Lot Size Area: 0.41
  • Lot Size Sq Ft: 17860.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 21600.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1000.0
  • Net Operating Income: 15000.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4023.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Feb 24, 2020
Sold by
Brooks Paula
Bought by
Birkholz Nathanael J and Birkholz Kristina L
Seller's Agent
Paul Brooks
RE/MAX Lakeshore
Buyer's Agent
Gina Vis
HomeRealty, LLC
List Price
$215,000
Sold Price
$195,000
Premium/Discount to List
-$20,000
-9.3%
Current Estimated Value
$355,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,692
Avg. Annual Appreciation
11.42%
Original Mortgage
$146,250
Outstanding Balance
$130,318
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$226,252

Purchase Details

Listed on
Jan 6, 2020
Closed on
Feb 19, 2020
Sold by
Thornell Daniel E and Thornell Bonnie
Bought by
Brooks Paula
Seller's Agent
Paul Brooks
RE/MAX Lakeshore
Buyer's Agent
Gina Vis
HomeRealty, LLC
List Price
$215,000
Sold Price
$195,000
Premium/Discount to List
-$20,000
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Outstanding Balance
$130,318
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$226,252

Purchase Details

Listed on
Dec 6, 2017
Closed on
Nov 10, 2017
Sold by
Lois Ott Llc
Bought by
Thornell Daniel T and Thornell Bonnie
Seller's Agent
Mark Gleason
Coldwell Banker Woodland Schmidt Grand Haven
Buyer's Agent
Mark Gleason
Coldwell Banker Woodland Schmidt Grand Haven
List Price
$164,000
Sold Price
$164,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Sep 1, 2015
Sold by
Ott Lois
Bought by
Lois Ott Llc
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
Birkholz Nathanael J $195,000 Premier Lakeshore Ttl Agcy L
Brooks Paula -- None Available
Thornell Daniel T $159,000 Ata National Title Group Llc
Lois Ott Llc -- Attorney
Ott Lois -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Birkholz Nathanael J $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2020 02/24/20 Sold $195,000 -9.3% --
01/20/2020 01/20/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $215,000 +31.1% --
12/06/2017 12/06/17 Sold $164,000 0.0% --
12/06/2017 12/06/17 Pending -- -- --
12/06/2017 12/06/17 For Sale $164,000 +3.1% --
11/10/2017 11/10/17 Sold $159,000 -16.3% --
10/30/2017 10/30/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $189,900 -- --
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 $4,833 $175,900 $0 $0
2024 $3,976 $166,300 $0 $0
2023 $4,009 $147,200 $0 $0
2022 $4,719 $106,600 $0 $0
2021 $4,558 $100,700 $0 $0
2020 $3,916 $96,000 $0 $0
2019 $3,863 $94,400 $0 $0
2018 $3,679 $81,900 $20,600 $61,300
2017 $3,330 $79,100 $0 $0
2016 $3,308 $74,200 $0 $0
2015 -- $74,600 $0 $0
2014 -- $72,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20000556

Southwestern Michigan Association of REALTORS®

APN: 70-03-08-380-013