NOT LISTED FOR SALE

Estimated Value: $159,867 - $210,000

6 Beds
2 Baths
1,734 Sq Ft
$105/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $110,000 $63 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,151/month

1 Day on Market

About This Home

As of February 2021

Large 3 unit investment property in good condition & easy to rent. Call today for further information on this excellent investment. Buyer and buyers agent to verify all information.

Last Agent to Sell the Property

Kevin Wright

Nexes Realty Muskegon License #6501356891 Listed on: 01/19/2021

Last Buyer's Agent

Cheryl Morehouse

Berkshire Hathaway HomeServices Michigan Real Estate (South) License #6501308615

Berkshire Hathaway HomeServices Michigan Real Estate (South)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,463

Year Built

  • Built in 1925

Lot Details

  • 6,229 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $945

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,463

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1925
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 99900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6229.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Gross Income: 945.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1463.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 19, 2021
Sold by
Hershey Paul J and Hershey Susan R
Bought by
West Michigan Premier Properties Llc
Seller's Agent
Kevin Wright
Nexes Realty Muskegon
Buyer's Agent
Cheryl Morehouse
Berkshire Hathaway HomeServices Michigan Real Estate (South)
List Price
$99,900
Sold Price
$110,000
Premium/Discount to List
$10,100
10.11%
Current Estimated Value
$181,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,217
Avg. Annual Appreciation
10.81%

Purchase Details

Closed on
Apr 9, 2013
Sold by
Hershey Paul J and Hershey Susan R
Bought by
Hershey Paul J and Hershey Susan R
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
West Michigan Premier Properties Llc $110,000 Chicago Title
Hershey Paul J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Michigan Premier Properti $1,272,750
Previous Owner Hershey Paul J $82,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $110,000 +10.1% $63 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $99,900 -- $58 / Sq Ft
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 $2,226 $71,600 $0 $0
2024 $420 $57,500 $0 $0
2023 $401 $45,200 $0 $0
2022 $2,040 $32,600 $0 $0
2021 $1,477 $27,600 $0 $0
2020 $1,463 $27,500 $0 $0
2019 $1,437 $24,000 $0 $0
2018 $1,405 $22,400 $0 $0
2017 $1,362 $21,700 $0 $0
2016 $252 $21,300 $0 $0
2015 -- $22,300 $0 $0
2014 $270 $24,600 $0 $0
2013 -- $23,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21001753

Southwestern Michigan Association of REALTORS®

APN: 24-232-008-0004-00