NOT LISTED FOR SALE

Estimated Value: $87,667 - $142,000

-- Bed
1 Bath
1,248 Sq Ft
$102/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $4,000 $3 Per Sq Ft

Est. 3,079% increase in value since last sale

Current estimated payment $751/month

39 Days on Market

About This Home

As of June 2016

Buyer responsible for all real estate transfer taxes, if applicable. This property is eligible under the Freddie Mac First Look Initiative through 05/17/2016. Only offers from Owner Occupants, non-profits, NSP grantees and community development organizations are eligible. All other offers must wait until after 05/17/2016. Seller will pay up to $500 for Home Warranty of buyer's choice for owner occupants only, must be requested at time of offer.

Last Agent to Sell the Property

Michelle Morgenstern

Nexes Lumbertown License #6501371490 Listed on: 04/28/2016

Co-Listed By

Bernie Tassin

Nexes Realty Muskegon License #6502129865

Last Buyer's Agent

Diana Cain

RE/MAX West License #6506048493

RE/MAX West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x125

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Crawl Space

Utilities

  • Space Heater
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1915
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100x125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 935.0
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • 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:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Heat Type:Space Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 4900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Utilities

  • Heating: Space Heater, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Size Sq Ft: 12632.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 935.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2017
Sold by
Seaway Development Llc
Bought by
A 1 Investments Of Muskegon Llc
Current Estimated Value
$127,167

Purchase Details

Listed on
Apr 28, 2016
Closed on
Jun 22, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Seaway Development Llc
Seller's Agent
Michelle Morgenstern
Nexes Lumbertown
Buyer's Agent
Diana Cain
RE/MAX West
List Price
$4,900
Sold Price
$4,000
Premium/Discount to List
-$900
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.00%

Purchase Details

Closed on
Jan 16, 2015
Sold by
Goodlow Maurice
Bought by
Federal Home Loan Mortgage Corporation
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
A 1 Investments Of Muskegon Llc $9,000 Attorney
Seaway Development Llc $4,000 Attorney
Federal Home Loan Mortgage Corporation $1,650 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2016 06/28/16 Sold $4,000 -18.4% $3 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $4,900 -- $4 / 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 $913 $35,700 $0 $0
2024 $677 $22,100 $0 $0
2023 $739 $16,000 $0 $0
2022 $1,008 $15,000 $0 $0
2021 $983 $13,100 $0 $0
2020 $973 $12,800 $0 $0
2019 $958 $12,600 $0 $0
2018 $973 $12,800 $0 $0
2017 $900 $12,500 $0 $0
2016 $626 $12,800 $0 $0
2015 -- $13,200 $0 $0
2014 -- $14,900 $0 $0
2013 -- $14,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16019122

Southwestern Michigan Association of REALTORS®

APN: 26-650-015-0021-00