NOT LISTED FOR SALE

18126 Mohawk Dr Spring Lake, MI 49456

Estimated Value: $385,974 - $411,000

-- Bed
1 Bath
-- Sq Ft
0.44 Acres

Last Sold November 16, 2020

Last sale price $257,000

Est. 54% increase in value since last sale

Current estimated payment $2,606/month

4 Days on Market

Highlights

  • 1 Fireplace
  • Lake Hills Elementary School Rated A
  • Forced Air Heating System

About This Home

As of November 2020

EXCELLENT INVESTMENT OPPORTUNITY! Zoned R-4: *Short-Term Rentals Allowed.* Close to Coast Guard Park, Ottawa Sands, North Beach, and miles of biking/walking paths, this duplex is a stone's throw away from some of the most scenic destinations along the lakeshore. Walk-out lower levels in both units, off-street parking, and tons of storage. Tenant in 3 bdrm unit has been renting for several years @ $1050/mo. 4 bdrm unit currently paying $1350/mo. Tenants pay all utilities, metered separately, except water/sewer. Don't miss your chance to own this beautiful investment property!

Last Agent to Sell the Property

Jaclyn Gettings

Five Star Real Estate GH Listed on: 10/01/2020

Co-Listed By

Jodi Ferguson

Five Star Real Estate SL License #6501377251

Last Buyer's Agent

melissa Knorr

Dodgson Land Co License #6506044715

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,377

Year Built

  • Built in 1979

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 163x160

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,377

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 163x160
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3377.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • 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
  • Utilities Attached:Telephone Line: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 269900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: None Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.44
  • Lot Size Area: 0.44
  • Lot Dimensions: 163x160
  • Lot Size Sq Ft: 19166.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3377.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Dec 21, 2020
Sold by
Ceane Lindsey
Bought by
Great Lake Swissies Llc
Seller's Agent
Jaclyn Gettings
Five Star Real Estate GH
Buyer's Agent
melissa Knorr
Dodgson Land Co
List Price
$269,900
Sold Price
$257,000
Premium/Discount to List
-$12,900
-4.78%
Current Estimated Value
$396,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,744
Avg. Annual Appreciation
9.38%
Original Mortgage
$192,750
Outstanding Balance
$172,690
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$221,793

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 16, 2020
Sold by
Arnold Launa and Arnold Gordon
Bought by
Ceane Lindsey
Seller's Agent
Jaclyn Gettings
Five Star Real Estate GH
Buyer's Agent
melissa Knorr
Dodgson Land Co
List Price
$269,900
Sold Price
$257,000
Premium/Discount to List
-$12,900
-4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,750
Outstanding Balance
$172,690
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$221,793

Purchase Details

Closed on
Aug 1, 2019
Sold by
Royce Edward L and Royce Lisa Lynn
Bought by
Arnold Launa and Arnold Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,887
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Great Lake Swissies Llc -- None Available
Ceane Lindsey $257,000 Star Title Agency Llc
Arnold Launa $170,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceane Lindsey $192,750
Previous Owner Arnold Launa $167,887
Previous Owner Ed $113,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $257,000 -4.8% --
10/05/2020 10/05/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $269,900 -- --
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 $5,332 $190,600 $0 $0
2024 $4,387 $180,000 $0 $0
2023 $4,423 $159,400 $0 $0
2022 $5,207 $117,700 $0 $0
2021 $5,029 $111,100 $0 $0
2020 $3,419 $105,900 $0 $0
2019 $3,377 $104,100 $0 $0
2018 $3,196 $89,200 $22,600 $66,600
2017 $3,118 $88,500 $0 $0
2016 $3,710 $83,200 $0 $0
2015 -- $83,600 $0 $0
2014 -- $81,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20041109

Southwestern Michigan Association of REALTORS®

APN: 70-03-08-398-002