NOT LISTED FOR SALE

Estimated Value: $982,992

-- Bed
-- Bath
-- Sq Ft
0.89 Acres

Last Sold July 05, 2020

Last sale price $650,000

Est. 51% increase in value since last sale

Current estimated payment $6,819/month

About This Home

As of July 2020

Sold Before Broadcast - Updates include new roofs, boilers, kitchens, bathrooms, windows, decks, and costmetic upgrades all in the last 5-6 years. Great property.

Last Agent to Sell the Property

Kathy Dennison

Lighthouse Property Management License #6502319881 Listed on: 07/05/2020

Co-Listed By

Jeffrey Steinport

Lighthouse Property Management License #6501413178

Last Buyer's Agent

Kathy Dennison

Lighthouse Property Management License #6502319881 Listed on: 07/05/2020

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1974

Lot Details

  • 0.89

Parking

  • 15 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Cable TV Available

Community Details

  • 2 Buildings
  • 10 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,000

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 650000.0
  • Number of Buildings: 2
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 15.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Zoning Description: Commercial Impr
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 10

Tax Info

  • Tax Annual Amount: 10000.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2020
Closed on
Jun 25, 2020
Sold by
Keed Property Holdings Lp
Bought by
1921 Farragut Llc
Seller's Agent
Kathy Dennison
Lighthouse Property Management
Buyer's Agent
Kathy Dennison
Lighthouse Property Management
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$982,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,992
Avg. Annual Appreciation
7.62%

Purchase Details

Closed on
Oct 14, 2016
Sold by
Rjc Property Holdings Llc
Bought by
Keed Property Holdings Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2011
Sold by
Chemical Bank
Bought by
Rjc Property Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,475
Interest Rate
4.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 21, 2010
Sold by
Russell Properties Llc
Bought by
Chemical Bank

Purchase Details

Closed on
Jul 26, 2006
Sold by
Urban Street Iii Llc
Bought by
Russell 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
$327,125
Interest Rate
6.82%
Mortgage Type
Commercial
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
1921 Farragut Llc $650,000 None Available
Keed Property Holdings Lp $415,000 None Available
Rjc Property Holdings Llc -- None Available
Chemical Bank $285,000 None Available
Russell Properties Llc -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keed Property Holdings Lp $322,500
Previous Owner Rjc Property Holdings Llc $177,475
Previous Owner Russell Properties Llc $45,000
Previous Owner Russell Properties Llc $327,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2020 07/05/20 Sold $650,000 0.0% --
07/05/2020 07/05/20 Pending -- -- --
07/05/2020 07/05/20 For Sale $650,000 -- --
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 $16,679 $358,900 $0 $0
2024 $16,679 $309,400 $0 $0
2023 $16,808 $305,300 $0 $0
2022 $15,642 $295,700 $0 $0
2021 $15,234 $259,600 $0 $0
2020 $9,579 $185,100 $0 $0
2019 $9,735 $174,100 $0 $0
2018 $9,590 $162,100 $0 $0
2017 $9,587 $150,800 $0 $0
2016 $6,010 $128,000 $0 $0
2015 $5,965 $128,000 $0 $0
2013 -- $100,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20025662

Southwestern Michigan Association of REALTORS®

APN: 41-17-10-201-015