NOT LISTED FOR SALE

18721 144th Ave Spring Lake, MI 49456

Estimated Value: $275,000 - $401,000

-- Bed
3 Baths
-- Sq Ft
1.42 Acres

Last Sold March 14, 2022

Last sale price $207,500

Est. 73% increase in value since last sale

Current estimated payment $2,394/month

2 Days on Market

Highlights

  • 1.42 Acre Lot
  • Forced Air Heating System
  • Level Lot
  • 1 Fireplace
  • 4 Car Garage

About This Home

As of March 2022

Highest and best offers due February 2nd at 11:59pm. Multiple above list offers. This duplex had both units renovated in 2021. Each unit features separate utilities (electric, gas), includes a washer/dryer hookup and has it's own private garage. Renovations included a new roof (complete tear off), new flooring, new kitchen, new bathroom, fresh paint, new luxury vinyl flooring, and new electric panel. One unit is month-to-month while the other is on a long-term lease. Gross rents are $1900/month and below market rates. Seller is a licensed agent in the State of Michigan. No showings until an offer is accepted.

Last Agent to Sell the Property

Kase Knochenhauer

Keymark Realty Listed on: 02/01/2022

Last Buyer's Agent

Patrick Gordon

RE/MAX Lakeshore

RE/MAX Lakeshore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,380

Year Built

  • Built in 1973

Lot Details

  • 1.42 Acre Lot
  • Lot Dimensions are 200x620'
  • Level Lot

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Crawl Space

Parking

  • 4 Car Garage
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,380

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1973
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 200x620'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • 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
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Water: Yes
  • Driveway:Gravel: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Sep Gas Meter: 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
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 224900.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Acres: 1.42
  • Lot Size Area: 1.42
  • Lot Dimensions: 200x620'
  • Lot Size Sq Ft: 61855.0

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2380.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 14, 2022
Sold by
Oikos Properties Llc
Bought by
Pa Investments Llc
Seller's Agent
Kase Knochenhauer
Keymark Realty
Buyer's Agent
Patrick Gordon
RE/MAX Lakeshore
List Price
$224,900
Sold Price
$207,500
Premium/Discount to List
-$17,400
-7.74%
Current Estimated Value
$359,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,382
Avg. Annual Appreciation
16.34%

Purchase Details

Closed on
Dec 7, 2020
Sold by
Olovson Joseph A and Olovson Joseph
Bought by
Oikos Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
2.8%
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
Pa Investments Llc $415,000 Chicago Title
Pa Investments Llc $415,000 Chicago Title
Oikos Properties Llc $220,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oikos Properties Llc $145,000
Closed Pa Investments Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold $207,500 -7.7% --
02/03/2022 02/03/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $224,900 -- --
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 $5,084 $116,600 $0 $0
2024 $4,279 $116,600 $0 $0
2023 $4,087 $102,500 $0 $0
2022 $3,086 $67,700 $0 $0
2021 $3,179 $64,100 $0 $0
2020 $2,380 $60,400 $0 $0
2019 $2,345 $57,900 $0 $0
2018 $2,278 $56,300 $20,100 $36,200
2017 $2,226 $57,000 $0 $0
2016 $2,023 $48,300 $0 $0
2015 -- $48,500 $0 $0
2014 -- $46,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22003005

Southwestern Michigan Association of REALTORS®

APN: 70-03-01-400-020