NOT LISTED FOR SALE

206 N Lake Ave Spring Lake, MI 49456

Estimated Value: $400,468 - $510,000

3 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold November 22, 2019

Last sale price $267,500

Est. 72% increase in value since last sale

Current estimated payment $2,954/month

33 Days on Market

About This Home

As of November 2019

Fantastic opportunity in the highly sought after Village of Spring Lake. The property is located just 2 blocks from the public beach and next to the bike path. This unique multi family has a traditional 1300 sqft 2 bed/1.5 bath home full of charm and overflowing with character. It has been updated with a brand new bathroom, new stainless appliances, refinished hardwood floors and fresh paint throughout!! It has a newer 3 car garage with a 900 sqft 2 bedroom /1 bath apartment located above with its own private entrance and laundry. This would be a perfect spot to airbnb. Large private backyard with a front porch, decks and patio. Don't miss your opportunity to live in this rapidly developing area of West Michigan.

Last Agent to Sell the Property

Laura Marcus-Nolan

Greenridge Realty Listed on: 10/02/2019

Last Buyer's Agent

Scott Harestad

Greenridge Realty License #6501366365

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,729

Year Built

  • Built in 1940

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 7 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,729

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 299000.0
  • Lot Features: Sidewalk, Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, 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
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3729.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Nov 22, 2019
Sold by
Stephen Jay Nauta And Janice M Esh Trust
Bought by
Crf Properties Llc
Seller's Agent
Laura Marcus-Nolan
Greenridge Realty
Buyer's Agent
Scott Harestad
Greenridge Realty
List Price
$329,000
Sold Price
$267,500
Premium/Discount to List
-$61,500
-18.69%
Current Estimated Value
$459,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,617
Avg. Annual Appreciation
9.64%

Purchase Details

Closed on
Jan 6, 2017
Sold by
Nauta Stephen Jay and Esh Janice M
Bought by
Stephen J Nauta & Janice M Esh Trust

Purchase Details

Closed on
Jul 19, 2005
Sold by
Cumberworth Darlene M
Bought by
Nauta Stephen Jay and Esh Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 8, 2004
Sold by
Schosso Kimberly
Bought by
Cumberworth Darlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
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
Crf Properties Llc $267,500 Chicago Title Of Mi Inc
Stephen J Nauta & Janice M Esh Trust -- Attorney
Nauta Stephen Jay $105,000 Chicago Title
Cumberworth Darlene M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nauta Stephen Jay $84,000
Previous Owner Cumberworth Darlene M $67,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $267,500 -18.7% --
11/04/2019 11/04/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $329,000 -- --
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 $6,123 $163,900 $0 $0
2024 $5,366 $166,900 $0 $0
2023 $5,117 $149,500 $0 $0
2022 $5,491 $113,100 $0 $0
2021 $5,367 $102,200 $0 $0
2020 $5,285 $89,600 $0 $0
2019 $3,738 $73,100 $0 $0
2018 $3,582 $71,700 $12,200 $59,500
2017 $2,848 $73,000 $0 $0
2016 $2,835 $66,800 $0 $0
2015 -- $62,700 $0 $0
2014 -- $59,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19048169

Southwestern Michigan Association of REALTORS®

APN: 70-03-14-325-066