NOT LISTED FOR SALE

201 W Locust St Three Oaks, MI 49128

Estimated Value: $288,000 - $402,511

-- Bed
4 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold June 24, 2016

Last sale price $70,000

Est. 373% increase in value since last sale

Current estimated payment $2,066/month

67 Days on Market

Highlights

  • Forced Air Heating System
  • Chikaming Elementary School Rated A-
  • Level Lot

About This Home

As of June 2016

Do not miss this investment opportunity in the quaint Village of Three Oaks. Includes 4 one-bedroom rental units. Has a very consistent rental history. Each unit features livingroom, kitchen/dining area, full bath, appliances, plus pull-down stairs to attic storage space. Paved parking (2 spaces per unit). Short walk or bike ride to downtown for restaurants, shops, theater and more!

Last Agent to Sell the Property

Maggie Olson

Cressy & Everett R.E. of Harbor Country License #6501284410 Listed on: 04/04/2016

Cressy & Everett R.E. of Harbor Country

Last Buyer's Agent

Paul Dumke

Vision Real Estate Lakeshore License #6502372552

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 68 x 150
  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

  • Composition Roof

Basement

  • Crawl Space

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 100000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2561.83
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jun 24, 2016
Sold by
Jurak William J and Jurak Revocable Livi William J
Bought by
Himmelein George P and Himmelein Mona H
Seller's Agent
Maggie Olson
Cressy & Everett R.E. of Harbor Country
Buyer's Agent
Paul Dumke
Vision Real Estate Lakeshore
List Price
$100,000
Sold Price
$70,000
Premium/Discount to List
-$30,000
-30%
Total Days on Market
67
Current Estimated Value
$330,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,878
Avg. Annual Appreciation
18.95%
Original Mortgage
$112,000
Outstanding Balance
$52,741
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$283,201

Purchase Details

Closed on
Jun 25, 2009
Sold by
Jurak William Joseph and Jurak William J
Bought by
Jurak William J and Jurak Revocable Livi William J

Purchase Details

Closed on
Apr 4, 1985

Purchase Details

Closed on
Jan 19, 1981
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 Buyer Sale Price Title Company
Himmelein George P $140,000 Multiple
Jurak William J -- None Available
-- $51,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Himmelein George P $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2016 06/24/16 Sold $70,000 -30.0% --
06/10/2016 06/10/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $100,000 -- --
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 $2,968 $188,200 $0 $0
2024 $2,326 $171,100 $0 $0
2023 $2,213 $174,900 $0 $0
2022 $2,129 $139,500 $0 $0
2021 $4,026 $126,500 $17,000 $109,500
2020 $3,857 $95,900 $0 $0
2019 $3,638 $82,500 $11,900 $70,600
2018 $4,555 $82,500 $0 $0
2017 $3,501 $59,465 $0 $0
2016 $2,567 $58,494 $0 $0
2015 $2,562 $67,351 $0 $0
2014 $441 $62,819 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maggie Olson

    Seller's Agent in 2016

    Maggie Olson

    Cressy & Everett R.E. of Harbor Country

    (269) 612-1350

    34 Total Sales

    Maggie Olson
    Section Image
  • Paul Dumke

    Buyer's Agent in 2016

    Paul Dumke

    Vision Real Estate Lakeshore

    (269) 921-1125

    126 Total Sales

    Paul Dumke
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16014361

Southwestern Michigan Association of REALTORS®

APN: 11-47-6750-0012-00-4

Michigan Berrien County Three Oaks 49128

201 W Locust St, Three Oaks, MI

This home is located at 201 W Locust St, Three Oaks, MI 49128 since 04 April 2016 and is currently estimated at $330,878. This property was built in 1960. 201 W Locust St is a home located in Berrien County with nearby schools including Chikaming Elementary School, Three Oaks Elementary School, and River Valley Middle/High School.

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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