NOT LISTED FOR SALE

Estimated Value: $430,000 - $574,000

5 Beds
5 Baths
2,154 Sq Ft
$234/Sq Ft Est. Value

Sale Details

Date Sold: February 17, 2023

Last sale price $410,000 $190 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,506 / mo

3 Days on Market

About This Home

As of February 2023

Here is a rare opportunity to own a multi-family home in the magical neighborhood of Bluffton. Just a short distance to Muskegon Lake and Lake Michigan, this two unit property with short term rental history (grossed just under $70k in 2022) is definitely one of a kind. Each unit has two bedrooms, front enclosed porch with extra sleeping space, updated kitchen, 2019 roof, laundry, AC, private backyard area, plenty of parking in front, garage in back off alley, dry basement. The left unit has two full baths, the right has two full and one half baths. You cannot beat the location with the proximity to the lakes! All of the furniture can stay to make it your own turn key investment property. Contact listing agent for more information or a private tour. ALL OFFERS IN BY FRIDAY 1/20 6PM

Last Agent to Sell the Property

Christine Mattson

Five Star Real Estate License #6506049229 Listed on: 01/17/2023

Five Star Real Estate

Last Buyer's Agent

Matt Johnson

Greenridge - Nexes License #6501384284

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,163

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Gravel Driveway
  • Shared Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,163

Year Built

Built in 1900

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • General Property Info:Basement: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 399000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.0

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 7163.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Burket Shaun E
Bought by
Segway Development Llc
Current Estimated Value
$503,084

Purchase Details

Listed on
Jan 17, 2023
Closed on
Mar 20, 2023
Sold by
Segway Development Llc
Bought by
Burket Shaun E
Seller's Agent
Christine Mattson
Five Star Real Estate
Buyer's Agent
Matt Johnson
Greenridge - Nexes
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$262,500
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2023
Closed on
Feb 17, 2023
Sold by
Gls Re Llc
Bought by
Segway Development Llc
Seller's Agent
Christine Mattson
Five Star Real Estate
Buyer's Agent
Matt Johnson
Greenridge - Nexes
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 23, 2020
Sold by
Wood Linda M
Bought by
Gls Re Llc
Seller's Agent
Christine Mattson
Five Star Real Estate
Buyer's Agent
Christine Mattson
Five Star Real Estate
List Price
$349,900
Sold Price
$267,000
Premium/Discount to List
-$82,900
-23.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.31%
Original Mortgage
$200,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2002
Sold by
Engle Fred J and Engle Inge W
Bought by
Mrj Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Segway Development Llc -- None Listed On Document
Segway Development Llc -- None Listed On Document
Burket Shaun E -- --
Segway Development Llc $410,000 --
Gls Re Llc $267,000 Star Title Agency Llc
Mrj Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Segway Development Llc $262,500
Previous Owner Gls Re Llc $200,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2023 02/17/23 Sold $410,000 +2.8% $190 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $399,000 0.0% $185 / Sq Ft
12/25/2020 12/25/20 Rented -- -- --
12/21/2020 12/21/20 Under Contract -- -- --
12/11/2020 12/11/20 For Rent $1,150 0.0% --
10/23/2020 10/23/20 Sold $267,000 -23.7% $124 / Sq Ft View Prior Sale
09/30/2020 09/30/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $349,900 -- $162 / Sq Ft
Source: MichRIC

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 $10,069 $194,700 $0 $0
2024 $1,899 $162,600 $0 $0
2023 $1,432 $133,500 $0 $0
2022 $7,280 $124,800 $0 $0
2021 $7,163 $112,600 $0 $0
2020 $3,475 $92,300 $0 $0
2019 $3,431 $82,300 $0 $0
2018 $3,353 $77,300 $0 $0
2017 $3,250 $71,100 $0 $0
2016 $606 $61,900 $0 $0
2015 -- $57,500 $0 $0
2014 $594 $53,500 $0 $0
2013 -- $50,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23001644

MichRIC

APN: 24-205-728-0005-00

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