NOT LISTED FOR SALE

2038 Maffett St Muskegon, MI 49444

Estimated Value: $119,000 - $123,341

6 Beds
1 Bath
2,126 Sq Ft
$57/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $112,000 $53 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $780/month

10 Days on Market

About This Home

As of January 2024

Great cash flow on this 3 unit rental property. There are two 2 bedroom units and one studio. Rents total $1,740 per month. Tenants pay gas and electric. Full basement, vinyl siding. Tenant in unit 3 has been there 14 years.

Last Agent to Sell the Property

Tim Hrynewich

Five Star Real Estate License #6501236975 Listed on: 12/12/2023

Five Star Real Estate

Last Buyer's Agent

Kurt Pieczynski

RE/MAX West License #6502356202

RE/MAX West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,650

Year Built

  • Built in 1927

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • 4 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,650

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1927
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1650.0
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • 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:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 129900.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 50x120
  • Lot Size Sq Ft: 6229.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1650.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Jan 19, 2024
Sold by
Abundant Life Homes Llc
Bought by
Michigan Rental 845 W Dale Llc
Seller's Agent
Tim Hrynewich
Five Star Real Estate
Buyer's Agent
Kurt Pieczynski
RE/MAX West
List Price
$129,900
Sold Price
$112,000
Premium/Discount to List
-$17,900
-13.78%
Views
25
Current Estimated Value
$122,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,085
Avg. Annual Appreciation
5.47%

Purchase Details

Closed on
Sep 9, 2020
Sold by
Lee Linwood
Bought by
Abundant Life Homes Llc

Purchase Details

Closed on
Feb 23, 2007
Sold by
Melton Samuel and Melton Velma Louise
Bought by
Deutsche Bank National Trust Co
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
Michigan Rental 845 W Dale Llc $112,000 Star Title Agency
Michigan Rental 845 W Dale Llc $112,000 Star Title Agency
Abundant Life Homes Llc $260,000 None Available
Lee Linwood -- None Available
Deutsche Bank National Trust Co $26,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abundant Life Homes Llc $1,101,750
Previous Owner Melton Samuel $48,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $112,000 -13.8% $53 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
12/12/2023 12/12/23 For Sale $129,900 -- $61 / 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 $1,436 $48,000 $0 $0
2024 $1,064 $35,200 $0 $0
2023 $1,161 $25,100 $0 $0
2022 $1,585 $23,600 $0 $0
2021 $1,545 $20,400 $0 $0
2020 $1,458 $19,900 $0 $0
2019 $1,431 $19,500 $0 $0
2018 $1,397 $18,500 $0 $0
2017 $1,296 $18,000 $0 $0
2016 $905 $18,500 $0 $0
2015 -- $19,200 $0 $0
2014 -- $23,200 $0 $0
2013 -- $22,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Hrynewich

    Seller's Agent in 2024

    Tim Hrynewich

    Five Star Real Estate

    (231) 740-0889

    5 in this area

    222 Total Sales

    Tim Hrynewich
    Section Image
  • Kurt Pieczynski

    Buyer's Agent in 2024

    Kurt Pieczynski

    RE/MAX West

    (231) 638-1389

    7 in this area

    257 Total Sales

    Kurt Pieczynski
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23144670

Southwestern Michigan Association of REALTORS®

APN: 26-595-036-0013-00

Michigan Muskegon County Muskegon 49444

2038 Maffett St, Muskegon, MI

This home is located at 2038 Maffett St, Muskegon, MI 49444 since 12 December 2023 and is currently estimated at $122,085, approximately $57 per square foot. This property was built in 1927. 2038 Maffett St is a home located in Muskegon County with nearby schools including Edgewood Elementary Academy, Dr. Martin Luther King Academy, and Muskegon Heights 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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