NOT LISTED FOR SALE

Estimated Value: $168,000 - $174,000

4 Beds
2 Baths
1,378 Sq Ft
$124/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $143,000 $104 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,195/month

85 Days on Market

Highlights

  • Roll Under Sink
  • Forced Air Heating System
  • Level Lot
  • Accessible Kitchen

About This Home

As of February 2023

Great Opportunity for cash flow! Two unit in the city of Muskegon on the West side of Seaway Drive. Lower unit has 2 Bedroom 1 Bath tastefully updated with wood flooring and neutral paint colors throughout. Upstairs is 1 Bedroom 1 Bath that is currently vacant being painted right now. (Waiting to take new pictures) fenced maintained yard with plenty of tenant parking.

Last Agent to Sell the Property

Lisa Vela

Five Star Real Estate License #6501353445 Listed on: 11/04/2022

Five Star Real Estate

Last Buyer's Agent

Jon Ornee

@HomeRealty Holland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,485

Year Built

  • Built in 1938

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x119x39x45x74
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Shingle Siding

Accessible Home Design

  • Roll Under Sink
  • Accessible Kitchen

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Mineral Rights Excluded

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,485

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1938
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x119x39x45x74
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1485.0
  • Tax Info:Zoning3: R-1
  • 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:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Mineral Rights:No: Yes
  • Accessibility Feat:Accessible Kitchen Sink: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Accessible Kitchen, Accessible Bath Sink

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 169900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: Yes
  • Exterior Material:Shingle Siding: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4792.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1485.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Feb 15, 2023
Sold by
Mcarthur Kellie K
Bought by
Ornee David and Ornee Julie
Seller's Agent
Lisa Vela
Five Star Real Estate
Buyer's Agent
Jon Ornee
@HomeRealty Holland
List Price
$169,900
Sold Price
$143,000
Premium/Discount to List
-$26,900
-15.83%
Views
63
Current Estimated Value
$170,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,311
Avg. Annual Appreciation
7.32%
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
Ornee David $143,000 Star Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $143,000 -15.8% $104 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
11/04/2022 11/04/22 For Sale $169,900 -- $123 / 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 $3,146 $59,600 $0 $0
2024 $593 $50,800 $0 $0
2023 $276 $38,600 $0 $0
2022 $1,419 $36,000 $0 $0
2021 $1,485 $31,400 $0 $0
2020 $1,367 $25,700 $0 $0
2019 $1,349 $23,600 $0 $0
2018 $1,312 $23,100 $0 $0
2017 $1,272 $22,700 $0 $0
2016 $235 $21,700 $0 $0
2015 -- $20,900 $0 $0
2014 $230 $20,900 $0 $0
2013 -- $19,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22046946

Southwestern Michigan Association of REALTORS®

APN: 24-175-000-0042-00