$175,000
SOLD JUN 13, 2022

1933 Colfax Ave Benton Harbor, MI 49022

Fair Plain Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.51 Acres

Recently Sold

2% Above List Price

7 Days on Market

Highlights

  • 0.51 Acre Lot
  • High Speed Internet
  • Wood Siding
  • Forced Air Heating System

About This Home

As of June 2022

Rare find in the South Fairplan area. 3 unit offering one 3 bedroom unit on the main floor with large kitchen, formal dining room, large living room and main floor laundry. Upper floor offers two, 1 bedroom units , both units offer kitchen, living room, bedroom and full bath More than ample assigned paved parking plus visitor parking, separate gas & electric. Lower unit could make ideal owner occupant unit with beautiful woodwork. Possession subject to tenants rights. Currently under management which can continue if purchaser is in need of such service.

Last Agent to Sell the Property

Brian Newton

Sunrise Real Estate, Inc. License #6502412621 Listed on: 04/29/2022

Last Buyer's Agent

Debra Patterson

Active Realtors License #6506038569

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,692

Year Built

  • Built in 1940

Lot Details

  • 0.51 Acre Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Basement

  • Michigan Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 3 Units

Building Details

  • Maintenance Expense $1,788
  • Gross Income $14,553

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,692

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • List Price: 172000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Wall Furnace, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Broadband
  • Water Source: Public

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: Electricity, Gas

Multi Family

  • Gross Income: 14553.0
  • Maintenance Expense: 1788.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2692.0
  • Tax Year: 2021

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
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 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

  • Brian Newton

    Seller's Agent in 2022

    Brian Newton

    Sunrise Real Estate, Inc.

    (269) 921-4551

    31 in this area

    211 Total Sales

    Section Image

  • D

    Buyer's Agent in 2022

    Debra Patterson

    Active Realtors

    (269) 927-4700

    13 in this area

    55 Total Sales

    Section Image
  • Susan Loux

    Seller's Agent in 2021

    Susan Loux

    Loux & Hayden Realty

    (269) 228-1579

    2 in this area

    123 Total Sales

    Section Image
  • Christine Norland

    Buyer's Agent in 2021

    Christine Norland

    Jaqua Realtors

    (269) 408-6412

    18 in this area

    199 Total Sales

    Section Image

  • D

    Seller's Agent in 2017

    Dan Morissette

    Keller Williams Realty Swm

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22015272

Southwestern Michigan Association of REALTORS®

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

Michigan Berrien County Benton Harbor 49022 Fair Plain

1933 Colfax Ave, Benton Harbor, MI

This home is located at 1933 Colfax Ave, Benton Harbor, MI 49022 and is currently priced at $175,000. This property was built in 1940. 1933 Colfax Ave is a home located in Berrien County with nearby schools including Fair Plain Middle School, Benton Harbor High School, and Benton Harbor Charter School Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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