NOT LISTED FOR SALE

18667 148th Ave Spring Lake, MI 49456

Estimated Value: $314,000 - $347,240

4 Beds
1 Bath
-- Sq Ft
0.53 Acres

Last Sold March 30, 2022

Last sale price $265,000

Est. 17% increase in value since last sale

Current estimated payment $2,129/month

16 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • High Speed Internet
  • Spring Lake High School Rated A-

About This Home

As of March 2022

Attention investors! Great opportunity to own a duplex in the Spring Lake school district! Strong rental history with long-term tenants bringing in $1750 in monthly rents but easily supporting $2000! Each unit has 2 bedrooms and 1 full bath, as well as a full basement and a nice large lot, making this a perfect investment! Limited showings due to both units being occupied. Sellers are licensed real estate agents in the state of Michigan.

Last Agent to Sell the Property

Gina Vis

HomeRealty, LLC License #6501309291 Listed on: 03/01/2022

HomeRealty, LLC

Co-Listed By

Kenneth Vis

HomeRealty, LLC License #6501294566

Last Buyer's Agent

Patti Pitcher

RE/MAX Lakeshore License #355923

RE/MAX Lakeshore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,865

Year Built

  • Built in 1970

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 100 x 230

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,865

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100 x 230
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2865.0
  • Waterfront Options:Water Access YN: No
  • 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
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Broadband
  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 275000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Acres: 0.53
  • Lot Size Area: 0.53
  • Lot Dimensions: 100 x 230
  • Lot Size Sq Ft: 23086.0

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2865.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Mar 31, 2022
Sold by
Vis Kenneth A and Kelly Gina
Bought by
Kron Robert
Seller's Agent
Gina Vis
HomeRealty, LLC
Buyer's Agent
Patti Pitcher
RE/MAX Lakeshore
List Price
$299,900
Sold Price
$265,000
Premium/Discount to List
-$34,900
-11.64%
Current Estimated Value
$311,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,290
Avg. Annual Appreciation
6.37%

Purchase Details

Listed on
Aug 9, 2017
Closed on
Sep 22, 2017
Sold by
Veeneman Cal and Veeneman Shari
Bought by
Vis Kenneth A and Vis Gina Kelly
Seller's Agent
Wayne Duiser
Bellabay Realty LLC
Buyer's Agent
Kenneth Vis
HomeRealty, LLC
List Price
$124,900
Sold Price
$123,125
Premium/Discount to List
-$1,775
-1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.48%
Original Mortgage
$91,875
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2006
Sold by
Veeneman Howard J and Veeneman Donna A
Bought by
Veeneman Cal and Veeneman Shari
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
Kron Robert $265,000 Chicago Title
Vis Kenneth A $123,125 Ata National Title Group Llc
Veeneman Cal $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vis Kenneth A $91,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $265,000 -3.6% --
03/17/2022 03/17/22 Pending -- -- --
03/14/2022 03/14/22 Price Changed $275,000 -8.3% --
03/01/2022 03/01/22 For Sale $299,900 +143.6% --
09/22/2017 09/22/17 Sold $123,125 -1.4% --
08/11/2017 08/11/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $124,900 -- --
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 $5,105 $124,100 $0 $0
2024 $4,325 $124,100 $0 $0
2023 $4,126 $99,500 $0 $0
2022 $2,966 $71,900 $0 $0
2021 $2,865 $68,800 $0 $0
2020 $2,858 $67,800 $0 $0
2019 $2,819 $63,000 $0 $0
2018 $2,688 $56,300 $11,300 $45,000
2017 $2,254 $55,800 $0 $0
2016 $2,243 $48,300 $0 $0
2015 -- $48,600 $0 $0
2014 -- $46,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22006105

Southwestern Michigan Association of REALTORS®

APN: 70-03-01-300-008