NOT LISTED FOR SALE

Estimated Value: $158,000 - $194,000

4 Beds
2 Baths
1,716 Sq Ft
$106/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $159,900 $93 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,225/month

6 Days on Market

Highlights

  • 1 Fireplace
  • Level Lot
  • 4-minute walk to Hackley Park
  • Forced Air Heating System

About This Home

As of September 2022

Great investment opportunity in an established neighborhood known as Pigtail Alley just a block away from restaurants, shopping, and parks. Rents total $1,400/mo. The recently remodeled two story unit rents for $750/month and is on a one year lease until February 2023. The one story unit rents for $650/month and is month to month.

Last Agent to Sell the Property

David Gregersen

Jaqua Realtors License #6501289529 Listed on: 08/11/2022

Jaqua Realtors

Last Buyer's Agent

Robin Wolters

Bellabay Realty LLC License #6501394761

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 132x49.5
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Michigan Basement
  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,781

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: 132x49.5
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1781.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space, Michigan Basement, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 159900.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electric Available, Cable Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 132x49.5
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1781.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 19, 2022
Sold by
220 Houston Llc
Bought by
Schotts Hunter C
Seller's Agent
David Gregersen
Jaqua Realtors
Buyer's Agent
Robin Wolters
Bellabay Realty LLC
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$182,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,182
Avg. Annual Appreciation
4.47%
Original Mortgage
$135,915
Outstanding Balance
$130,461
Interest Rate
5.13%
Mortgage Type
Balloon
Estimated Equity
$50,407

Purchase Details

Closed on
Mar 15, 2022
Sold by
Jeffrey Christner
Bought by
220 Houston Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2022
Sold by
220 Houston Llc
Bought by
Christner Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2020
Closed on
Nov 25, 2020
Sold by
Tibbs Diane L and He Diane L
Bought by
220 Houston Llc
Seller's Agent
Tim Updyke
Five Star Real Estate
Buyer's Agent
David Gregersen
Jaqua Realtors
List Price
$79,900
Sold Price
$70,500
Premium/Discount to List
-$9,400
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.57%

Purchase Details

Closed on
May 1, 2007
Sold by
Tibbs Diane and Tibbs Michael W
Bought by
The Diane L Tibbs Revocable Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schotts Hunter C -- Premier Lakeshore Title
220 Houston Llc -- Sun Title
Christner Jeffrey -- Sun Title
220 Houston Llc $70,500 Star Title Agency Llc
The Diane L Tibbs Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schotts Hunter C $135,915
Previous Owner 220 Houston Llc $73,500
Previous Owner Christner Jeffrey $73,500
Previous Owner Tibbs Michael $24,391
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $159,900 0.0% $93 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $159,900 +126.8% $93 / Sq Ft
11/30/2020 11/30/20 Sold $70,500 -11.8% $41 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $79,900 -- $47 / 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 $2,633 $62,000 $0 $0
2024 $497 $51,300 $0 $0
2023 $475 $40,500 $0 $0
2022 $1,810 $30,600 $0 $0
2021 $1,781 $28,000 $0 $0
2020 $1,022 $22,200 $0 $0
2019 $1,004 $17,900 $0 $0
2018 $982 $15,500 $0 $0
2017 $952 $15,500 $0 $0
2016 $175 $14,800 $0 $0
2015 -- $15,700 $0 $0
2014 $191 $17,200 $0 $0
2013 -- $16,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22034555

Southwestern Michigan Association of REALTORS®

APN: 24-205-351-0009-00