NOT LISTED FOR SALE

204 N Lake Ave Spring Lake, MI 49456

Estimated Value: $437,000 - $530,000

3 Beds
4 Baths
-- Sq Ft
0.85 Acres

Last Sold January 10, 2018

Last sale price $176,500

Est. 176% increase in value since last sale

Current estimated payment $3,091/month

112 Days on Market

Highlights

  • 0.85 Acre Lot
  • Corner Lot: Yes
  • Wood Siding
  • Spring Lake High School Rated A-
  • Space Heater

About This Home

As of January 2018

Quaint, charming Spring Lake home built in the 1877's with most of the integrity of the original single family home, including 8 foot ceilings in many rooms, arch door ways, 1'.5'' to 2' between the lower and upper floor. This classic has been converted to 4 apartments. Huge plus the BEACH and public access is at the end of the street going away from M-104. (.05 per google maps) Newer remodeling the past few years include newer hard tile flooring in 3 bathrooms, engineered grants shower stall in 1 bathroom, several plumbing fixtures, engineering granite counter tops in three units. Lot is L shaped ( usually called a flag lot) and the dwelling is on the corner of Lake Ave and Lakeview. Unit #1 left front main level: sq ft.- 858. Occupied- Yes. Monthly rent- $750.00. Bedrooms-2 bathrooms-1 and refrigerator. Engineered granite counter and back splash in kitchen. Heat source- FA gas. Laundry hook up one of the bedroom. Stair to partial basement used for mechanical items only. Enclosed front porch. 10' x 24'2'' and smaller covered concrete open front porch 3'.9'' x 6.2'' water heater in basement.

Unit #2 upper front. Sq ft-684. Occupied-yes. Monthly rent $575. Bedrooms-2. Baths-.75. Range/oven and refrigerator . Kitchen- engineered granite counter and back splash. Heat source- free standing unit. Water heater in bathroom. Rear deck 6 x10.

Unit #3 upper left: Sq ft- 654. Occupied- yes. Monthly rent $430. Bedrooms-2. Baths.75. Range/oven and refrigerator. Kitchen- engineered granite counter and back splash. Heat source- free standing unit. Water heater in bathroom. Rear deck 6 x10.

Unit 4 main level back. Sq Ft- 438. Occupied- yes. Monthly rent $475. Bedrooms-1. Bathrooms-.75. with engineered granite walk in shower and flooring. Range/ oven and refrigerator. Heat source- free standing unit. Water heater in basement. Side enclosed porch 7'6' X19 and rear enclosed porch 6'3'' x 14'. 3''
Additional information see above and/or go to # 17039302 Residential

Last Agent to Sell the Property

Georgianne Virta

CENTURY 21 Affiliated License #6501111342 Listed on: 08/08/2017

CENTURY 21 Affiliated

Last Buyer's Agent

Kathi Gabrielse

Coldwell Banker Woodland Schmidt Grand Haven License #6506041848

Coldwell Banker Woodland Schmidt Grand Haven

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,657

Year Built

  • Built in 1877

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 74x288x221.1x109.8x146x153
  • Corner Lot: Yes
  • Flag Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Basement

  • Partial Basement

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Natural Gas
  • Phone Connected

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,657

Year Built

Built in 1877

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1877
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 74x288x221.1x109.8x146x153
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2657.31
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Utilities Attached:Telephone Line: Yes
  • Lot Description:Flag Lot: Yes
  • Heat Type:Space Heater: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 189900.0
  • Lot Features: Flag Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Spring Lake
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Space Heater
  • Heating: Yes
  • Utilities: Telephone Line
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:Public Access 1 Mile or Less: Yes

Lot Info

  • Lot Size Acres: 0.85
  • Lot Size Area: 0.85
  • Lot Size Sq Ft: 37026.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2657.31
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Jan 10, 2018
Sold by
Dewitt Michelle L
Bought by
Bennett Phillip and Bennett Amy
Seller's Agent
Georgianne Virta
CENTURY 21 Affiliated
Buyer's Agent
Kathi Gabrielse
Coldwell Banker Woodland Schmidt Grand Haven
List Price
$189,900
Sold Price
$176,500
Premium/Discount to List
-$13,400
-7.06%
Current Estimated Value
$487,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,212
Avg. Annual Appreciation
14.03%
Original Mortgage
$132,375
Outstanding Balance
$74,426
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$413,286

Purchase Details

Closed on
Sep 14, 2007
Sold by
Slagh Bradley J
Bought by
Dewitt Michelle L

Purchase Details

Closed on
Aug 29, 2003
Sold by
North Ottawa Properties Llc
Bought by
Dewitt Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,486
Interest Rate
5.91%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Bennett Phillip $176,500 Ata National Title Group Llc
Dewitt Michelle L -- None Available
Dewitt Michelle $128,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Phillip $132,375
Previous Owner Dewitt Michelle $127,486
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2018 01/10/18 Sold $176,500 -7.1% --
11/28/2017 11/28/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $189,900 -- --
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 $5,939 $152,700 $0 $0
2024 $5,205 $153,500 $0 $0
2023 $4,964 $137,900 $0 $0
2022 $5,327 $114,800 $0 $0
2021 $5,149 $104,200 $0 $0
2020 $5,127 $93,300 $0 $0
2019 $5,121 $85,300 $0 $0
2018 $4,002 $76,700 $26,800 $49,900
2017 $2,670 $71,600 $0 $0
2016 $2,657 $65,900 $0 $0
2015 -- $63,100 $0 $0
2014 -- $61,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17039849

Southwestern Michigan Association of REALTORS®

APN: 70-03-14-325-080