NOT LISTED FOR SALE

18580 168th Ave Spring Lake, MI 49456

Estimated Value: $302,000 - $422,000

4 Beds
1 Bath
-- Sq Ft
26,833 Sq Ft Lot

Sale Details

Date Sold: August 24, 2020

Last sale price $172,500

Est. 96% increase in value since last sale

Current estimated payment $2,129 / mo

1 Day on Market

About This Home

As of August 2020

Come see this 2-unit duplex in a great location with good bones. This would make an excellent owner-occupied home, as it was in the past. Both units have been maintained well, and could be utilized as-is without improvements. Or, both units could be updated to improve cash flow. There's plenty of options! Both units are rented to long-term tenants with month-to-month leases.

Last Agent to Sell the Property

Jim King

Greenridge Realty (Summit) License #6506045991 Listed on: 07/24/2020

Last Buyer's Agent

Cynthia Hodges

Greenridge Realty (Summit) License #6506043528

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,109

Year Built

  • Built in 1977

Lot Details

  • 0.62

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof

Basement

  • Crawl Space

Utilities

  • Radiant Heating System
  • Septic System

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,109

Year Built

Built in 1977

Lot Details

0.62 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 175000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Radiant
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Telephone Line

Lot Info

  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3109.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2022
Sold by
Brown Dog Homes Llc
Bought by
Boorsma Mary-Kathryn Harpold and Boorsma Jeffery Tyler
Current Estimated Value
$337,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Outstanding Balance
$181,175
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$156,630

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 24, 2020
Sold by
Boorsma Jeffrey and Boorsma Mary Kathryn
Bought by
Brown Dog Homes Llc
Seller's Agent
Jim King
Greenridge Realty (Summit)
Buyer's Agent
Cynthia Hodges
Greenridge Realty (Summit)
List Price
$175,000
Sold Price
$172,500
Premium/Discount to List
-$2,500
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Original Mortgage
$129,375
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2005
Sold by
Puckett Joyce M
Bought by
Puckett Gerald Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boorsma Mary-Kathryn Harpold -- Owners Title Agency
Brown Dog Homes Llc -- None Available
Boorsma Mary Katherine $172,500 Chicago Title Of Mi Inc
Puckett Gerald Eric -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boorsma Mary-Kathryn Harpold $189,000
Previous Owner Boorsma Mary Katherine $129,375
Previous Owner Puckett Gerald Eric $121,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2020 08/24/20 Sold $172,500 -1.4% --
07/25/2020 07/25/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $175,000 -- --
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 $3,893 $132,300 $0 $0
2024 $38 $120,200 $0 $0
2023 $3,582 $102,800 $0 $0
2022 $3,965 $86,300 $0 $0
2021 $3,742 $77,800 $0 $0
2020 $3,107 $69,300 $0 $0
2019 $3,064 $68,400 $0 $0
2018 $2,922 $65,700 $20,300 $45,400
2017 $2,844 $67,300 $0 $0
2016 $2,831 $62,600 $0 $0
2015 -- $60,600 $0 $0
2014 -- $58,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 20029366

MichRIC

APN: 70-03-03-300-047

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