NOT LISTED FOR SALE
-- Bed
-- Bath
2,818 Sq Ft
5,663 Sq Ft Lot

Last Sold July 24, 2015

Last sale price $50,000 $18 Per Sq Ft

217 Days on Market

About This Home

As of July 2015

Great investment opportunity!!! Four unit building at an amazing price! Decent condition. One and two bedroom units. Lots of off street parking. Right in town and walking distance to many area attractions. Located near the lakeshore as well! This is a bank owned property and being sold in AS IS condition.

Last Agent to Sell the Property

Jesse Granado - Caporossi

i-VEST Real Estate Group License #6501339734 Listed on: 12/02/2014

Co-Listed By

Mark Troy

Compass Realty Services License #6502355827

Last Buyer's Agent

Nonmember Agent

Non Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1898

Lot Details

  • 5,663

Home Design

  • Composition Roof
  • Vinyl Siding

Parking

  • 6 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Cable TV Available

Additional Features

  • Crawl Space
  • 5,663 Sq Ft Lot

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for gas
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1898
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 1
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 2223.0
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 4.0
  • Roofing:Composition: 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:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Extras:Sep Gas Meter: Yes
  • Heat Type:Space Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 62900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 4
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Space Heater, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2223.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2016
Sold by
Adrianse Kathy Dennison
Bought by
Rjc Property Holdings Llc

Purchase Details

Listed on
Dec 2, 2014
Closed on
Jul 23, 2015
Sold by
Talmer West Bank
Bought by
Adrianse Kathy Dennison
Seller's Agent
Jesse Granado - Caporossi
i-VEST Real Estate Group
Buyer's Agent
Nonmember Agent
Non Member
List Price
$62,900
Sold Price
$50,000
Premium/Discount to List
-$12,900
-20.51%

Purchase Details

Closed on
Mar 7, 2014
Sold by
Hyck Llc
Bought by
Talmwer West Bank and Michigan Commerce Bank
Source: Public Records

Range of Values:

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Average Value
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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
Rjc Property Holdings Llc $260,000 Midstate Title Agency Llc
Adrianse Kathy Dennison $50,000 Multiple
Talmwer West Bank $75,807 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2015 07/24/15 Sold $50,000 -20.5% $18 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $62,900 -- $22 / 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 $2,968 $61,400 $0 $0
2024 $560 $59,300 $0 $0
2023 $535 $57,000 $0 $0
2022 $2,721 $49,700 $0 $0
2021 $2,677 $42,500 $0 $0
2020 $2,618 $41,500 $0 $0
2019 $2,575 $40,800 $0 $0
2018 $2,566 $43,600 $0 $0
2017 $2,487 $39,800 $0 $0
2016 $466 $39,400 $0 $0
2015 -- $39,400 $0 $0
2014 $426 $37,300 $0 $0
2013 -- $36,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14064260

Southwestern Michigan Association of REALTORS®

APN: 24-205-623-0013-00