NOT LISTED FOR SALE

212 Locust St W Unit A, B, C Three Oaks, MI 49128

Estimated Value: $237,000 - $358,000

-- Bed
-- Bath
-- Sq Ft
0.29 Acres

Last Sold October 28, 2021

Last sale price $184,500

Est. 60% increase in value since last sale

Current estimated payment $1,878/month

147 Days on Market

Highlights

  • 1 Fireplace
  • Window Unit Cooling System
  • High Speed Internet
  • Chikaming Elementary School Rated A-
  • Baseboard Heating

About This Home

As of October 2021

Great low maintenance investment opportunity with a dependable income stream! Tenants pay all utilities. Three 1 bedroom, 1 bath units. All units completely renovated in 2015 with remodeled kitchen and baths, new hot water heaters, windows, doors, Refrigerators, Ranges, Microwaves, paint, carpet and front decks added to the front of both units. Great location within walking distance to Journeyman's Brewer and Distillery. Three Oaks has so many fun places to eat and shops. Buyer to confirm with the Village for use as short-term rentals is allowed.

Last Listed By

Ryan Arnt

Keller Williams Realty Swm License #6502138757 Listed on: 05/03/2021

Keller Williams Realty Swm

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1960

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 50 x 191

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Crawl Space

Parking

  • 6 Parking Spaces
  • Driveway

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Baseboard Heating
  • Separate Water Meter
  • Shared Water Meter
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units
  • Insurance Expense $1,020

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 199900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Cable Available, Electricity Connected, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Dimensions: 50 x 191
  • Lot Size Sq Ft: 12639.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Sewer

Multi Family

  • Insurance Expense: 1020.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2500.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Adams Lindsey and Horton Vincent
Bought by
Three Oaks Rentals Llc
Total Days on Market
147
Current Estimated Value
$295,367

Purchase Details

Listed on
May 3, 2021
Closed on
Oct 25, 2021
Sold by
Anthony Kelly and Jannert Brian
Bought by
Horton Vincent and Adams Lindsey
Seller's Agent
Ryan Arnt
Keller Williams Realty Swm
Buyer's Agent
The Petzke Team
RE/MAX by the Lake
List Price
$225,000
Sold Price
$184,500
Premium/Discount to List
-$40,500
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%
Original Mortgage
$138,375
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2020
Sold by
Anthony Kelly
Bought by
Berrien County Treasurer

Purchase Details

Closed on
Jul 1, 2020
Sold by
Anthony Kelly
Bought by
Berrien County Treasurer

Purchase Details

Closed on
Jun 23, 2015
Sold by
Honor Credit Union
Bought by
Anthony Kelly and Jannert Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2014
Sold by
Bricor Llc
Bought by
Honor Credit Union

Purchase Details

Closed on
Jul 30, 2004
Sold by
Leet Diana L
Bought by
Bricor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2001

Purchase Details

Closed on
Dec 15, 1993

Purchase Details

Closed on
Feb 8, 1988

Purchase Details

Closed on
Jun 9, 1979

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
Three Oaks Rentals Llc -- None Listed On Document
Horton Vincent $184,500 None Available
Anthony Kelly -- First American Title
Honor Credit Union $63,500 None Available
Bricor Llc -- --
-- -- --
-- $100 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horton Vincent $138,375
Previous Owner Anthony Kelly $85,600
Previous Owner Bricor Llc $140,000
Closed Bricor Llc $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $184,500 -18.0% --
05/03/2021 05/03/21 For Sale $225,000 -- --
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
2024 $2,799 $161,300 $0 $0
2023 $2,664 $153,300 $0 $0
2022 $2,562 $134,600 $0 $0
2021 $4,125 $93,600 $11,300 $82,300
2020 $3,944 $89,300 $0 $0
2019 $3,755 $91,800 $7,900 $83,900
2018 $3,675 $91,800 $0 $0
2017 $3,607 $64,504 $0 $0
2016 $3,558 $63,350 $0 $0
2015 $2,497 $68,916 $0 $0
2014 $453 $63,527 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21015195

Southwestern Michigan Association of REALTORS®

APN: 11-47-6750-0006-00-4