Seller's Agent in 2019
Sara Ridner
Zie Realty
(517) 622-2124
8 in this area
15 Total Sales
205 West St Grand Ledge, MI 48837
Estimated Value: $206,000 - $234,000
3
Beds
2
Baths
1,592
Sq Ft
$135/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Leon W. Hayes Middle School Rated A-
- High Speed Internet
About This Home
As of February 2019Are you looking for an investment property right in the heart of Grand Ledge or a way to help make the mortgage with a little help from a renter?
This well maintained historical home has been transformed into two apartments each with their own furnace. Unit 1 has the larger floor plan with two bedrooms upstairs with a loft between them. The full bathroom is located on the main floor along with a spacious dining area, living room and larger kitchen with plenty of counter space . Unit 2 has a roomy loft above for the bedroom. The full bathroom, efficient kitchen and cozy living room are all downstairs. Both have convenient Laundry on the main floor. This home has been well taken care of and has lots of charm!
Please allow 24 hours notice as it is currently occupied with renter
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,141
Year Built
- Built in 1910
Lot Details
- 0.31 Acre Lot
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,592 Sq Ft Home
- 2-Story Property
- Fire and Smoke Detector
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Shared Basement
Parking
- 4 Parking Spaces
- No Garage
- Gravel Driveway
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Total Actual Rent $18,300
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $2,040
- Insurance Expense $1,324
- Maintenance Expense $1,000
- Water Sewer Expense $873
- New Taxes Expense $3,157
- Net Operating Income $9,906
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2019
Closed on
Feb 14, 2019
Sold by
Roehrs Wortzel Tamara and Mankel Tamara
Bought by
Morrison Arthur and Morrison Adriana
Seller's Agent
Sara Ridner
Zie Realty
Buyer's Agent
Mark McCrumb
EXIT Realty Home Partners
List Price
$139,900
Sold Price
$132,500
Premium/Discount to List
-$7,400
-5.29%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,027
Avg. Annual Appreciation
7.16%
Original Mortgage
$106,000
Outstanding Balance
$93,566
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$113,755
Purchase Details
Closed on
May 15, 2015
Sold by
Roehrs Nancy and Roehrs David
Bought by
Roehrs Wurtzel Tamara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,661
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Listed on
Aug 28, 2013
Closed on
Mar 13, 2014
Sold by
Bartlett Susan
Bought by
Roehrs David and Roehrs Nancy
Seller's Agent
Ted Westfall
Coldwell Banker Professionals-Delta
Buyer's Agent
Agent Outside
Out Side Company
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$71,250
Interest Rate
4.24%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morrison Arthur | $132,500 | Bell Title Agency | |
| Roehrs Wurtzel Tamara | $101,500 | North Star Title | |
| Roehrs David | $95,000 | North Star Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morrison Arthur | $106,000 | |
| Previous Owner | Roehrs Wurtzel Tamara | $99,661 | |
| Previous Owner | Roehrs David | $71,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2019 02/14/19 | Sold | $132,500 | -5.3% | $83 / Sq Ft |
| 01/11/2019 01/11/19 | Pending | -- | -- | -- |
| 01/05/2019 01/05/19 | For Sale | $139,900 | +47.3% | $88 / Sq Ft |
| 03/14/2014 03/14/14 | Sold | $95,000 | -4.9% | $60 / Sq Ft |
| 12/02/2013 12/02/13 | Pending | -- | -- | -- |
| 08/28/2013 08/28/13 | For Sale | $99,900 | -- | $63 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $3,125 | $76,400 | $0 | $0 |
| 2024 | $2,078 | $71,100 | $0 | $0 |
| 2023 | $1,951 | $68,300 | $0 | $0 |
| 2022 | $2,780 | $62,900 | $0 | $0 |
| 2021 | $2,662 | $58,500 | $0 | $0 |
| 2020 | $2,628 | $56,100 | $0 | $0 |
| 2019 | $2,354 | $53,673 | $0 | $0 |
| 2018 | $3,156 | $51,100 | $0 | $0 |
| 2017 | $3,141 | $51,600 | $0 | $0 |
| 2016 | $2,540 | $50,400 | $0 | $0 |
| 2015 | -- | $46,600 | $0 | $0 |
| 2014 | -- | $45,200 | $0 | $0 |
| 2013 | -- | $44,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
Mark McCrumb
EXIT Realty Home Partners
(517) 204-4790
4 in this area
13 Total Sales
-
Seller's Agent in 2014
Ted Westfall
Coldwell Banker Professionals-Delta
(517) 321-1000
31 in this area
153 Total Sales
-
A
Buyer's Agent in 2014
Agent Outside
Out Side Company
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 233085
APN: 400-078-003-142-00
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