NOT LISTED FOR SALE

18165 & 69 Swiss Dr Spring Lake, MI 49456

Estimated Value: $292,314 - $317,000

-- Bed
-- Bath
-- Sq Ft
0.25 Acres

Last Sold February 09, 2022

Last sale price $249,000

Est. 15% increase in value since last sale

Current estimated payment $1,977/month

42 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Wood Siding
  • Lake Hills Elementary School Rated A
  • High Speed Internet

About This Home

As of February 2022

Side by side Ranch Walk Out Duplex. Nice duplex with good rental history in an established multi-family neighborhood. 2 bed, 1 bathroom, living room & lower level family room.

Last Agent to Sell the Property

Daniel Hendrick

Berkshire Hathaway HomeServices Clyde Hendrick License #6506034997 Listed on: 12/14/2021

Berkshire Hathaway HomeServices Clyde Hendrick

Last Buyer's Agent

Nicole Larson

Lighthouse Property Management License #6501328546

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,342

Year Built

  • Built in 1970

Lot Details

  • 0.25

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Walk-Out Basement
  • 0.25 Acre Lot

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $778
  • Manager Expense $1,188
  • Operating Expense $4,568
  • Gross Income $19,000
  • Net Operating Income $9,588

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,342

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1970
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk Out

Exterior Features

  • Construction Materials: Wood Siding, Brick, Stucco
  • List Price: 245000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Ravine":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10716.0
  • Zoning Description: Multi
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 19000.0
  • Insurance Expense: 778.0
  • Manager Expense: 1188.0
  • Net Operating Income: 9588.0
  • Number of Units Total: 2
  • Operating Expense: 4568.0

Tax Info

  • Tax Annual Amount: 3342.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Feb 15, 2022
Sold by
Jeffrey Sneller
Bought by
Jds Real Estate Llc
Seller's Agent
Daniel Hendrick
Berkshire Hathaway HomeServices Clyde Hendrick
Buyer's Agent
Nicole Larson
Lighthouse Property Management
Sold Price
$249,000
Current Estimated Value
$287,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,422
Avg. Annual Appreciation
6.07%
Original Mortgage
$183,000
Outstanding Balance
$170,575
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$134,754

Purchase Details

Listed on
Dec 14, 2021
Closed on
Feb 9, 2022
Sold by
Ajm Holdings Llc
Bought by
Sneller Jeffrey
Seller's Agent
Daniel Hendrick
Berkshire Hathaway HomeServices Clyde Hendrick
Buyer's Agent
Nicole Larson
Lighthouse Property Management
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Outstanding Balance
$170,575
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$134,754

Purchase Details

Closed on
Oct 15, 2015
Sold by
Megna Adam J and Megna Annie Yvonne
Bought by
Ajm Holdings Llc

Purchase Details

Closed on
Oct 14, 2015
Sold by
Megna Michael A and Megna Adam J
Bought by
Megna Michael A and Megna Adam J

Purchase Details

Closed on
Jul 22, 2015
Sold by
Ajm Holdings Llc
Bought by
Megna Adam J and Megna Mciahel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2011
Sold by
Megna Adam J and Megna Annie Yvonne
Bought by
Ajm Holdings Llc

Purchase Details

Closed on
Jan 10, 2008
Sold by
Federal National Mortgage Association
Bought by
Megna Adam J and Megna Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2006
Sold by
Barrett Dean and Barrett Sanjuana
Bought by
Federal National Mortgage Association
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
Jds Real Estate Llc -- None Listed On Document
Sneller Jeffrey -- None Listed On Document
Ajm Holdings Llc -- Attorney
Mtg Holdings Llc -- Attorney
Megna Michael A -- None Available
Megna Adam J -- Midstate Title Agency Llc
Ajm Holdings Llc -- None Available
Mtg Holdings Llc -- None Available
Megna Adam J -- None Available
Federal National Mortgage Association $103,405 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sneller Jeffrey $183,000
Previous Owner Megna Adam J $80,500
Previous Owner Megna Adam J $83,000
Previous Owner Juana Dean $15,000
Previous Owner Dean $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $249,000 +1.6% --
12/20/2021 12/20/21 Pending -- -- --
12/14/2021 12/14/21 For Sale -- -- --
11/18/2021 11/18/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $245,000 -- --
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 $4,673 $118,300 $0 $0
2024 $3,844 $118,300 $0 $0
2023 $3,876 $105,600 $0 $0
2022 $3,003 $79,400 $0 $0
2021 $2,901 $75,100 $0 $0
2020 $2,896 $71,500 $0 $0
2019 $2,857 $70,500 $0 $0
2018 $2,721 $63,200 $18,800 $44,400
2017 $2,654 $62,900 $0 $0
2016 $2,636 $58,900 $0 $0
2015 -- $59,300 $0 $0
2014 -- $57,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Hendrick

    Seller's Agent in 2022

    Daniel Hendrick

    Berkshire Hathaway HomeServices Clyde Hendrick

    (616) 842-5970

    5 in this area

    52 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    Nicole Larson

    Lighthouse Property Management

    (616) 773-0016

    2 in this area

    126 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21114238

Southwestern Michigan Association of REALTORS®

APN: 70-03-08-381-006

Michigan Ottawa County Spring Lake 49456

18165 & 69 Swiss Dr, Spring Lake, MI

This home is located at 18165 & 69 Swiss Dr, Spring Lake, MI 49456 since 14 December 2021 and is currently estimated at $305,329. This property was built in 1970. 18165 & 69 Swiss Dr is a home located in Ottawa County with nearby schools including Lake Hills Elementary School, Central High School, and White Pines Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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