NOT LISTED FOR SALE

Estimated Value: $183,921

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold November 25, 2013

Last sale price $78,000

Est. 136% increase in value since last sale

Current estimated payment $1,175/month

72 Days on Market

About This Home

As of November 2013

Mixed use building with many different options for revenue. The property also includes parcel number 41-14-10-255-015. Currently this building is set up as a lower unit commercial office building which is approximately 1000 sq ft. The upstairs is a one bedroom apartment with laundry hookup and a large deck off the back. The second lot holds a 3 stall pole barn with a loft for storage or would be a great workshop. The barn has it's own gas and electric. In the last 5 years the mechanicals, roof, windows and parking lot have all been updated. This property is a great opportunity to start a small business.

Last Agent to Sell the Property

Kathy Dennison

Lighthouse Property Management License #6502319881 Listed on: 08/26/2013

Last Buyer's Agent

Kathy Dennison

Lighthouse Property Management License #6502319881 Listed on: 08/26/2013

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,950

Year Built

  • Built in 1920

Lot Details

  • 6,534

Parking

  • 8 Parking Spaces

Home Design

  • Rubber Roof
  • Aluminum Siding

Additional Features

  • Michigan Basement
  • Accessible Ramps
  • 6,534 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,950

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Ramped Entrance
  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 89000.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Rubber

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534.0

Rental Info

  • Owner Pays: Water, Sewer, Gas
  • Tenant Pays: Electricity, Trash Collection

Multi Family

  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 1950.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2025
Sold by
Mca Equity Partners Llc
Bought by
Lakanen Consulting Llc
Current Estimated Value
$183,921

Purchase Details

Closed on
Mar 6, 2017
Sold by
Grpm Llc
Bought by
Buscini Reece

Purchase Details

Listed on
Aug 26, 2013
Closed on
Nov 25, 2013
Sold by
Image Properties & Investments Llc
Bought by
Grpm Llc
Seller's Agent
Kathy Dennison
Lighthouse Property Management
Buyer's Agent
Kathy Dennison
Lighthouse Property Management
List Price
$99,000
Sold Price
$78,000
Premium/Discount to List
-$21,000
-21.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$69,500
Interest Rate
9%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2005
Sold by
Bouma Properties Llc
Bought by
Image Properties & Investments

Purchase Details

Closed on
Dec 17, 1987
Bought by
Bouma Properties Llc
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
Lakanen Consulting Llc -- None Listed On Document
Mca Equity Partners Llc $15,366 None Listed On Document
Buscini Reece $89,900 Essential Title Agency Llc
Grpm Llc $78,000 None Available
Image Properties & Investments Llc $135,000 None Available
Image Properties & Investments -- --
Bouma Properties Llc $62,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2013 11/25/13 Sold $78,000 -21.2% --
11/06/2013 11/06/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $99,000 -- --
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 $2,405 $51,800 $0 $0
2024 $2,405 $56,800 $0 $0
2023 $3,441 $52,900 $0 $0
2022 $2,255 $50,700 $0 $0
2021 $2,196 $49,300 $0 $0
2020 $2,054 $44,900 $0 $0
2019 $2,125 $40,700 $0 $0
2018 $2,093 $39,200 $0 $0
2017 $2,044 $35,200 $0 $0
2016 $1,989 $34,600 $0 $0
2015 $2,051 $34,600 $0 $0
2013 -- $33,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13050897

Southwestern Michigan Association of REALTORS®

APN: 41-17-10-255-012