$140,000
SOLD NOV 8, 2024

200 S Jefferson St Sturgis, MI 49091

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Recently Sold

7% Below List Price

42 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Corner Lot: Yes
  • Baseboard Heating

About This Home

As of November 2024

Great investment opportunity awaits with this 2-unit Duplex located on a corner lot within walking distance from downtown Sturgis. This home could easily be converted back into a single-family residence. Featuring a new roof, a garage, shed, appliances, and a spacious corner lot. Unit #1 is a two-bedroom, one bath apartment with a large living and dining room, kitchen and a Michigan basement for additional storage. Unit #2 is a one bedroom, one bath efficiency apartment with a living room and kitchen. Both units are currently leased, and the tenants would like to continue leasing if given the opportunity. Both units are very well kept. This is a great business opportunity as the mortgage payment would be significantly less than the rental income. Don't miss out on this gem!

Last Agent to Sell the Property

Dustin Kline

RE/MAX Elite Group T.R. License #6501413692 Listed on: 09/02/2024

RE/MAX Elite Group T.R.

Last Buyer's Agent

Viviana Guzman

Hauska Home and Farm License #6501446155

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,469

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Corner Lot: Yes
  • Level Lot

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,469

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1950
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2468.59
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Substructure:Michigan Basement: Yes
  • Heat Type:Baseboard: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Utilities Attached Cable Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Stucco
  • List Price: 145000.0
  • Lot Features: Level, Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Baseboard, Forced Air
  • Heating: Yes
  • Laundry Features: None
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected, Cable Connected, Broadband
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66 x 132
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2468.59
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2024
Closed on
Nov 8, 2024
Sold by
Zinke Michael D
Bought by
Guzman Viviana
Seller's Agent
Dustin Kline
RE/MAX Elite Group T.R.
Buyer's Agent
Viviana Guzman
Hauska Home and Farm
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Views
27
Current Estimated Value
$137,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,245
Avg. Annual Appreciation
-1.69%
Original Mortgage
$133,000
Outstanding Balance
$131,666
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$6,089

Purchase Details

Listed on
Oct 27, 2021
Closed on
Dec 9, 2021
Sold by
Vanalmen Sherry
Bought by
Zinke Michael D
Seller's Agent
Jackie Brown
RE/MAX Elite Group
Buyer's Agent
Jackie Brown
RE/MAX Elite Group
List Price
$115,000
Sold Price
$112,000
Premium/Discount to List
-$3,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$106,400
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2005
Sold by
Brown Shawn Ray
Bought by
Household Finance Corp Iii

Purchase Details

Closed on
Oct 22, 1999
Sold by
Pesti Jr Michael J
Bought by
Brown Shawn Ray

Purchase Details

Closed on
Feb 14, 1997
Sold by
Lauw John K and Lauw Claudia G
Bought by
Pesti Michael J
Source: Public Records

Range of Values:

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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 $140,000 None Listed On Document
Warranty Deed $140,000 None Listed On Document
Warranty Deed $112,000 Accommodation
Sheriffs Deed $59,800 --
Deed $57,000 --
Deed $32,000 --
Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $133,000 New Conventional
Closed $133,000 New Conventional
Previous Owner $106,400 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2024 11/08/24 Sold $140,000 -3.4% --
10/14/2024 10/14/24 Pending -- -- --
09/24/2024 09/24/24 Price Changed $145,000 -3.3% --
09/02/2024 09/02/24 For Sale $150,000 +33.9% --
12/09/2021 12/09/21 Sold $112,000 -2.6% $91 / Sq Ft View Prior Sale
11/05/2021 11/05/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $115,000 -- $93 / 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 $2,533 $70,200 $4,600 $65,600
2024 $2,116 $65,600 $4,600 $61,000
2023 $2,048 $55,400 $4,600 $50,800
2022 $1,820 $45,700 $4,200 $41,500
2021 $1,575 $34,100 $4,100 $30,000
2020 $1,557 $30,600 $3,200 $27,400
2019 $1,528 $28,200 $3,700 $24,500
2018 $1,412 $26,700 $4,200 $22,500
2017 $1,382 $27,100 $27,100 $0
2016 -- $25,300 $25,300 $0
2015 -- $24,600 $0 $0
2014 -- $22,400 $22,400 $0
2012 -- $22,200 $22,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24045990

Southwestern Michigan Association of REALTORS®

APN: 052-040-378-00