NOT LISTED FOR SALE

Estimated Value: $223,000 - $262,000

3 Beds
3 Baths
1,833 Sq Ft
$136/Sq Ft Est. Value

Sale Details

Date Sold: June 12, 2020

Last sale price $124,900 $68 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,742 / mo

3 Days on Market

About This Home

As of June 2020

Attention investors! Great Lakeside 3 unit rental available with 4 stall garage and many updates! This multi-family property features 2 lower level units and 1 upper level, all have 1 bedroom and 1 bath each. Seller has updated electric, plumbing, vinyl siding, and roof. Furnaces are 5 years old in units 2 & 3, and all refrigerators and ranges are 5 years old. Currently the tenants do not use the garage and that has been rented separately for storage. Call today!

Last Agent to Sell the Property

Christine Estep

Greenridge Realty License #6502369640 Listed on: 05/12/2020

Co-Listed By

Matt Marsman

East West Real Estate License #6501341069

Last Buyer's Agent

Matt Marsman

East West Real Estate License #6501341069

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,417

Year Built

  • Built in 1915

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,417

Year Built

Built in 1915

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1915
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 129900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Heating: Wall Furnace, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2417.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 8, 2020
Sold by
Mills David J
Bought by
Underwood Landing Llc
Seller's Agent
Christine Estep
Greenridge Realty
Buyer's Agent
Matt Marsman
East West Real Estate
List Price
$129,900
Sold Price
$124,900
Premium/Discount to List
-$5,000
-3.85%
Current Estimated Value
$248,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,964
Avg. Annual Appreciation
12.53%
Original Mortgage
$87,430
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Kromm Richard G and Kromm Jacqueline C
Bought by
Mills David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,600
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Underwood Landing Llc $124,900 Chicago Title Of Mi Inc
Mills David J $88,000 Muskegon Land Title Agency L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Underwood Landing Llc $87,430
Previous Owner Mills David J $83,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2020 06/12/20 Sold $124,900 -3.8% $68 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $129,900 -- $71 / Sq Ft
Source: MichRIC

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 $4,965 $134,200 $0 $0
2024 $936 $121,000 $0 $0
2023 $895 $107,900 $0 $0
2022 $4,552 $78,800 $0 $0
2021 $4,479 $70,400 $0 $0
2020 $2,443 $60,200 $0 $0
2019 $2,418 $51,800 $0 $0
2018 $2,363 $48,800 $0 $0
2017 $2,290 $44,500 $0 $0
2016 $426 $40,500 $0 $0
2015 -- $39,200 $0 $0
2014 $418 $38,000 $0 $0
2013 -- $35,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 20015852

MichRIC

APN: 24-205-612-0003-00

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