NOT LISTED FOR SALE

18531 148th Ave Spring Lake, MI 49456

Estimated Value: $390,000 - $452,000

-- Bed
4 Baths
-- Sq Ft
1.18 Acres

Last Sold June 09, 2016

Last sale price $190,000

Est. 123% increase in value since last sale

Current estimated payment $2,648/month

21 Days on Market

Highlights

  • 1.18 Acre Lot
  • Window Unit Cooling System
  • Hot Water Heating System
  • Spring Lake High School Rated A-

About This Home

As of June 2016

Well maintained duplex currently owner occupied side has 3 bedrooms, 2 baths, 2 car attached garage. Tenant side has 3 bedroom, 2 bath, 1 1/2 car garage (current rent is 800/mo). Each unit has walkout with mostly finished basement. Decks off slider, newer roof, AG pool w/decking, 20x24 outbuilding. New furnace in owners unit.

Last Agent to Sell the Property

Mary Sandberg

RE/MAX Lakeshore License #6501169734 Listed on: 03/24/2016

Last Buyer's Agent

Brian Klingel

Coldwell Banker Woodland Schmidt Grand Haven License #6501319991

Coldwell Banker Woodland Schmidt Grand Haven

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,250

Year Built

  • Built in 1988

Lot Details

  • 1.18 Acre Lot
  • Lot Dimensions are 200x223

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Walk-Out Basement

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Hot Water Heating System
  • Septic System
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,250

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1988
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 200x223
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3250.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Walk Out: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Walk Out

Exterior Features

  • List Price: 199900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Window Unit(s), Central Air
  • Cooling: Yes
  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 1.18
  • Lot Size Area: 1.18
  • Lot Size Sq Ft: 51400.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3250.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2024
Sold by
Schwaninger Trust and Schwaninger Chuck
Bought by
Hichue Jeffrey S and Hichue Stacy
Current Estimated Value
$423,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Outstanding Balance
$332,823
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$90,754

Purchase Details

Listed on
Mar 24, 2016
Closed on
Jun 7, 2016
Sold by
Bramer Doretta
Bought by
Schwaninger Charles and Schwaninger Michele
Seller's Agent
Mary Sandberg
RE/MAX Lakeshore
Buyer's Agent
Brian Klingel
Coldwell Banker Woodland Schmidt Grand Haven
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$142,500
Interest Rate
3.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hichue Jeffrey S $345,000 Chicago Title Of Michigan
Schwaninger Charles $190,000 Premier Lakeshore Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hichue Jeffrey S $338,751
Previous Owner Schwaninger Charles $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2016 06/09/16 Sold $190,000 -5.0% --
04/14/2016 04/14/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $199,900 -- --
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 $4,731 $202,500 $0 $0
2024 $3,799 $197,900 $0 $0
2023 $4,863 $169,500 $0 $0
2022 $5,384 $124,200 $0 $0
2021 $5,200 $118,800 $0 $0
2020 $5,188 $118,300 $0 $0
2019 $5,116 $114,600 $0 $0
2018 $4,880 $102,200 $16,900 $85,300
2017 $4,840 $104,200 $0 $0
2016 $3,274 $91,200 $0 $0
2015 -- $91,900 $0 $0
2014 -- $87,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16012395

Southwestern Michigan Association of REALTORS®

APN: 70-03-01-300-036