NOT LISTED FOR SALE

Estimated Value: $148,598

-- Bed
1 Bath
-- Sq Ft
557 Sq Ft Lot

Last Sold May 08, 2018

Last sale price $120,000

Est. 24% increase in value since last sale

Current estimated payment $1,075/month

91 Days on Market

About This Home

As of May 2018

Commercial store front and 2 residential apartments. Split utilities, vinyl siding, split utilities. City Certified through 9/23/2017.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 11/17/2017

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 11/17/2017

Compass Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1900

Lot Details

  • 557

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Cable TV Available

Additional Features

  • Partial Basement
  • 557 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,300

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: NA
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2300.0
  • Tax Info:Zoning3: NA
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 129900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.01
  • Lot Size Area: 0.01
  • Lot Size Sq Ft: 557.0
  • Zoning Description: NA
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2300.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Brent Standfest
Bought by
Sebmel Llc
Current Estimated Value
$148,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$85,809
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$52,309

Purchase Details

Listed on
Nov 17, 2017
Closed on
May 8, 2018
Sold by
Gecko Properties Llc
Bought by
Standfest Brent and Standfest Mark
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Allison Koetsier
Compass Realty Services
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.93%
Original Mortgage
$90,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2017
Sold by
East Hill Party Store Llc
Bought by
Gecko Properties Llc

Purchase Details

Closed on
Aug 22, 2012
Sold by
Mercantile Bank Mortgage Company Llc
Bought by
East Hill Party Store Llc

Purchase Details

Closed on
Jun 15, 2011
Sold by
Almonte Lorenza
Bought by
Mercantile Bank Mortgage Company Llc

Purchase Details

Closed on
Mar 21, 2003
Sold by
Nunez Misael and Nunez Maria
Bought by
Almonte Lorenza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 1999
Bought by
Nunez M and East Hill Party Store Llc

Purchase Details

Closed on
Aug 21, 1996
Bought by
Jacques T and East Hill Party Store Llc

Purchase Details

Closed on
Apr 20, 1981
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
Sebmel Llc $124,451 None Listed On Document
Standfest Brent -- None Available
Gecko Properties Llc $525,000 None Available
East Hill Party Store Llc $14,000 Sun Title Agency Of Mi Llc
Mercantile Bank Mortgage Company Llc $60,000 None Available
Almonte Lorenza $115,000 --
Nunez Misael $90,000 --
Nunez M $90,000 --
Jacques T -- --
-- $10,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sebmel Llc $90,000
Previous Owner Standfest Brent $90,000
Previous Owner Almonte Lorenza $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2018 05/08/18 Sold $120,000 -7.6% --
02/16/2018 02/16/18 Pending -- -- --
11/17/2017 11/17/17 For Sale $129,900 -- --
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 $3,390 $82,600 $0 $0
2024 $3,390 $79,600 $0 $0
2023 $3,505 $75,900 $0 $0
2022 $3,680 $65,100 $0 $0
2021 $3,246 $62,200 $0 $0
2020 $2,335 $55,600 $0 $0
2019 $2,391 $44,800 $0 $0
2018 $2,569 $48,500 $0 $0
2017 $2,321 $45,600 $0 $0
2016 $2,295 $45,500 $0 $0
2015 $2,187 $45,500 $0 $0
2013 -- $41,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17039519

Southwestern Michigan Association of REALTORS®

APN: 41-18-07-103-012