NOT LISTED FOR SALE

218 E Muskegon Ave Whitehall, MI 49461

Estimated Value: $447,428

-- Bed
1 Bath
2,320 Sq Ft
$193/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $190,000 $82 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,834/month

67 Days on Market

About This Home

As of March 2016

This home is located at 218 E Muskegon Ave, Whitehall, MI 49461 since 08 January 2016 and is currently estimated at $447,428, approximately $192 per square foot. This property was built in 1800. 218 E Muskegon Ave is a home located in Muskegon County with nearby schools including Shoreline Elementary School, Ealy Elementary School, and Whitehall Middle School.

Last Agent to Sell the Property

Frank Hollister

Arrowhead Agency License #6502366347 Listed on: 01/08/2016

Last Buyer's Agent

Tim Horton

Wickstra Realty, Inc. License #6501258127

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1800

Lot Details

  • 0.3 Acre Lot
  • Flag Lot

Parking

  • 8 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Partial Basement

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 2 Buildings
  • 7 Units

Building Details

  • Insurance Expense $2,800
  • Utility Expense $5,000
  • Operating Expense $12,000
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,800

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1800
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 82.5x120 irregular
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3800.0
  • General Property Info:Total _pound_ Units: 7
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: 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
  • Heat Type:Hot Water: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Lot Description:Flag Lot: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 225000.0
  • Lot Features: Flag Lot
  • Number of Buildings: 2
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Gross Income: 42000.0
  • Insurance Expense: 2800.0
  • Number of Units Total: 7
  • Operating Expense: 12000.0

Tax Info

  • Tax Annual Amount: 3800.0
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2016
Closed on
Mar 30, 2016
Sold by
Cisler Arthur M and Cisler Sylvia F
Bought by
Dailey Properties Llc
Seller's Agent
Frank Hollister
Arrowhead Agency
Buyer's Agent
Tim Horton
Wickstra Realty, Inc.
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%
Current Estimated Value
$447,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,428
Avg. Annual Appreciation
9.24%
Original Mortgage
$100,000
Outstanding Balance
$80,010
Interest Rate
3.65%
Mortgage Type
Commercial
Estimated Equity
$358,435
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
Dailey Properties Llc -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dailey Properties Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $190,000 -15.6% $82 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $225,000 -- $97 / 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 $4,976 $80,500 $0 $0
2024 $2,206 $79,900 $0 $0
2023 $2,140 $77,400 $0 $0
2022 $4,842 $76,100 $0 $0
2021 $4,698 $71,700 $0 $0
2020 $4,712 $71,800 $0 $0
2019 $4,589 $71,800 $0 $0
2018 $4,617 $72,400 $0 $0
2017 $4,561 $71,500 $0 $0
2016 $1,779 $65,000 $0 $0
2015 -- $64,900 $0 $0
2014 -- $66,300 $0 $0
2013 -- $63,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Frank Hollister

    Arrowhead Agency

  • Tim Horton

    Buyer's Agent in 2016

    Tim Horton

    Wickstra Realty, Inc.

    (231) 861-4445

    162 Total Sales

    Tim Horton
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16000915

Southwestern Michigan Association of REALTORS®

APN: 22-572-046-0008-00

Michigan Muskegon County Whitehall 49461

218 E Muskegon Ave, Whitehall, MI

This home is located at 218 E Muskegon Ave, Whitehall, MI 49461 since 08 January 2016 and is currently estimated at $447,428, approximately $192 per square foot. This property was built in 1800. 218 E Muskegon Ave is a home located in Muskegon County with nearby schools including Shoreline Elementary School, Ealy Elementary School, and Whitehall Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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