$70,500
SOLD NOV 30, 2020

220 Houston Ave Muskegon, MI 49440

Nelson Neighborhood
-- Bed
-- Bath
1,716 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

12% Below List Price

9 Days on Market

About This Home

As of September 2022

Great investment opportunity in the growing location of downtown Muskegon! Close to local restaurants, shopping, parks and more! This would be a great property to add to an existing portfolio or a great start to a future one!

Currently tenant occupied. Tenant in east 2 story rents at $400/mo and currently in a month to month

Tenant in west single floor unit is $500/mo with a 1 year lease starting July 1st 2020.

Live in one unit, rent out the other! Rents are low for the area on average.

Last Agent to Sell the Property

Tim Updyke

Five Star Real Estate License #6501410013 Listed on: 07/06/2020

Five Star Real Estate

Co-Listed By

Jason Gracik

Five Star Real Estate

Last Buyer's Agent

David Gregersen

Jaqua Realtors License #6501289529

Jaqua Realtors

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $982

Year Built

  • Built in 1800

Parking

  • 4 Parking Spaces

Utilities

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

Additional Features

  • Crawl Space
  • 7,405 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$982

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1800
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 79900.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 981.68
  • Tax Year: 2018

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:

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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 Type Sale Price Title Company
Warranty Deed -- Premier Lakeshore Title
Quit Claim Deed -- Sun Title
Quit Claim Deed -- Sun Title
Warranty Deed $70,500 Star Title Agency Llc
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,915 Balloon
Previous Owner $73,500 New Conventional
Previous Owner $73,500 No Value Available
Previous Owner $24,391 Credit Line Revolving
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

  • D

    Seller's Agent in 2022

    David Gregersen

    Jaqua Realtors

    (616) 405-2804

    4 in this area

    23 Total Sales

    David Gregersen
    Section Image

  • R

    Buyer's Agent in 2022

    Robin Wolters

    Bellabay Realty LLC

    (231) 578-7416

    2 in this area

    92 Total Sales

    Robin Wolters
    Section Image
  • Tim Updyke

    Seller's Agent in 2020

    Tim Updyke

    Five Star Real Estate

    (231) 215-3242

    17 in this area

    204 Total Sales

    Tim Updyke
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jason Gracik

    Five Star Real Estate

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20025792

Southwestern Michigan Association of REALTORS®

APN: 24-205-351-0009-00

Michigan Muskegon County Muskegon 49440 Nelson

220 Houston Ave, Muskegon, MI

This home is located at 220 Houston Ave, Muskegon, MI 49440 and is currently priced at $70,500, approximately $41 per square foot. This property was built in 1800. 220 Houston Ave is a home located in Muskegon County with nearby schools including Three Oaks Public School Academy, Muskegon Maritime Academy, and Muskegon Covenant Academy.

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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