$108,000
SOLD MAY 19, 2017
-- Bed
-- Bath
-- Sq Ft
0.51 Acres

Recently Sold

2% Below List Price

8 Days on Market

Highlights

  • 0.51 Acre Lot
  • Window Unit Cooling System
  • Forced Air Heating System
  • Corner Lot: Yes

About This Home

As of June 2022

Great opportunity to own a 3 unit apt on very large lot. Unit 1 has newly remodeled bath, newer hot water tank and newer furnace. Current rent is $730. Unit 2, owner has over $17,000 in complete remodel which also includes new hot water tank, stove and furnace. Current rent is $430. Unit 3 has been totally remodeled and includes a new furnace. Current rent is $430. All appliances stay. Tenants pay all utilities. New electric boxes and new roof in 2005. Asphalt Parking with 6 parking spaces. All remodeling has been done in the last 3 years.

Last Agent to Sell the Property

Dan Morissette

Keller Williams Realty Swm License #6501295859 Listed on: 02/28/2017

Last Buyer's Agent

Susan Loux

Loux & Hayden Realty License #6501175723

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,469

Year Built

  • Built in 1940

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 120x200
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 8 Parking Spaces
  • Unpaved Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Shared Gas Meter
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $1,075

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,469

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 120x200
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2469.27
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 109900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.51
  • Lot Size Area: 0.51
  • Lot Size Sq Ft: 22216.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 1075.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2469.27
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 8, 2022
Sold by
Udall John H and Udall Sarah L
Bought by
Jackson Emanuel and Jackson Tamekia
Seller's Agent
Brian Newton
Sunrise Real Estate, Inc.
Buyer's Agent
Debra Patterson
Active Realtors
List Price
$172,000
Sold Price
$175,000
Premium/Discount to List
$3,000
1.74%
Current Estimated Value
$235,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,708
Avg. Annual Appreciation
10.08%
Original Mortgage
$140,000
Outstanding Balance
$119,648
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$117,416

Purchase Details

Listed on
Dec 2, 2020
Closed on
Apr 9, 2021
Sold by
Landrum Robert and Landrum Cindy L
Bought by
Udall John H and White Sarah L
Seller's Agent
Susan Loux
Loux & Hayden Realty
Buyer's Agent
Christine Norland
Jaqua Realtors
List Price
$139,000
Sold Price
$134,000
Premium/Discount to List
-$5,000
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.39%
Original Mortgage
$100,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2017
Closed on
May 19, 2017
Sold by
Smith Christopher and Smith Kimberly
Bought by
Marschke Michael and Landrum Robert L
Seller's Agent
Dan Morissette
Keller Williams Realty Swm
Buyer's Agent
Susan Loux
Loux & Hayden Realty
List Price
$109,900
Sold Price
$108,000
Premium/Discount to List
-$1,900
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$81,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2013
Sold by
Rochefort Gordon and Rochefort Shurlie
Bought by
Smith Christopher and Smith Kimberly

Purchase Details

Closed on
Apr 1, 1987

Purchase Details

Closed on
Sep 2, 1977
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 Type Sale Price Title Company
Warranty Deed $175,000 First American Title
Warranty Deed $134,000 Chicago Title Of Mi Inc
Warranty Deed $108,000 Attorney
Quit Claim Deed $57,377 None Available
Deed $39,000 --
Deed $32,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Previous Owner $100,500 New Conventional
Previous Owner $81,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold $175,000 +1.7% --
04/29/2022 04/29/22 For Sale $172,000 +28.4% --
04/09/2021 04/09/21 Sold $134,000 -3.6% --
12/02/2020 12/02/20 For Sale $139,000 +28.7% --
05/19/2017 05/19/17 Sold $108,000 -1.7% --
03/08/2017 03/08/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $109,900 -- --
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 $4,412 $93,000 $0 $0
2024 $3,125 $87,400 $0 $0
2023 $3,164 $88,500 $0 $0
2022 $2,353 $65,800 $0 $0
2021 $2,692 $57,600 $3,900 $53,700
2020 $2,655 $54,800 $0 $0
2019 $2,619 $50,400 $1,500 $48,900
2018 $2,552 $50,400 $0 $0
2017 $2,533 $52,200 $0 $0
2016 $2,471 $52,200 $0 $0
2015 $2,464 $50,700 $0 $0
2014 $1,711 $48,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17007591

Southwestern Michigan Association of REALTORS®

APN: 11-03-0031-0017-04-2