NOT LISTED FOR SALE

221 Clinton Ave Grand Haven, MI 49417

Estimated Value: $641,898 - $712,000

4 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold February 15, 2019

Last sale price $390,000

Est. 71% increase in value since last sale

Current estimated payment $4,340/month

28 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Level Lot
  • Mary A. White School Rated A-

About This Home

As of February 2019

This is one you have been waiting for! Established vacation income property with coveted short-term rental permit has repeat renters for the past 6 years. With 2 suites in 1 Cottage that sleep a total of 12, each with 2 BDR/1BA. Use all for income, or live in one and let the other bring in income. Property is being sold as a business with furnishings, summer bookings and training to manage the business included in the price.
This cottage has two suites, one up and one on the main floor, nearly identical, each with its own interior design flair and both fully remodeled in 2012/2013. Approximately 2,158 sqft total for both units. Both units marketed as amenity-rich summer rentals at a high $1,300 weekly rate per unit. Hard-to-find, eight parking spots give residents and manager parking, Only 2 minutes from downtown-especially valuable during summer and City events.
Units listed at www.VRBO.com/450067 (main floor) and VBRO.com/450089 (upper suite). Both units mostly booked for summer 2019.
The 1,100 sqft. main floor suite of this historic Grand Haven Cottage boasts tasteful decor with 2 bedrooms, 1 bath, each unit sleeps 6 comfortably and the bedroom configuration includes a queen bed in the master suite and a king and two twin beds in the second bedroom.
Two shady porches and a grassy side-yard and colorful plantings make your outdoor time pleasant. Newly added courtyard with gas grill and dining space make for memorable evenings. Then cozy up to the generous gas fire-pit and create lasting vacation memories.
A large basement provides all the storage needed for cleaning supplies and change of season storage. With two new furnaces, fresh carpeting, lawn sprinkling system, updated appliances including washer/dryer/dishwasher in each unit, over $20,000 in furnishings, and 12 weeks of bookings already in place, we will include 1 week of training to get you started on your new side hustle.
One block to downtown, 2 blocks to the waterfront and boardwalk, less than a mile to the Grand Haven State Park & City Beach on Lake Michigan, this property is one-of-a-kind.
Just steps to restaurants, bars, boutiques, ice cream, the Musical Fountain nightly show, big band dancing by the riverfront, museums, Splash Pad, playground, and YMCA, not to mention the endless downtown amenities. Seasonal Harbor Transit Trolley stops just across the parking area to take you around town, to the beach, boardwalk, pier, ski hill, marina with sport fishing for hire, library and a myriad of seasonal festivals. This retreat is both a hideaway and a haven. No matter where you want to be in Grand Haven, this is the vantage point for all the town has to offer. There's no other place like it.
Income history and all financials available on request.
With all the extras this really is a perfect retreat...one you won't want to miss!This listing is also listed as a residential listing on MLS#18057970. Set your mind at ease, as the seller is providing a 1 year home warranty!

Last Agent to Sell the Property

Lisa Blakeney

RE/MAX Lakeshore Listed on: 12/11/2018

Last Buyer's Agent

Kenneth Vis

HomeRealty, LLC License #6501294566

HomeRealty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,217

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 8 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,217

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: 66x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4217.0
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: 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
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 435000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4217.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2018
Closed on
Feb 15, 2019
Sold by
Pereira Mark S and Pereira Amy R
Bought by
Sambaer Joseph D and Sambaer Assunta P
Seller's Agent
Lisa Blakeney
RE/MAX Lakeshore
Buyer's Agent
Kenneth Vis
HomeRealty, LLC
List Price
$435,000
Sold Price
$390,000
Premium/Discount to List
-$45,000
-10.34%
Current Estimated Value
$666,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,725
Avg. Annual Appreciation
8.37%
Original Mortgage
$292,500
Outstanding Balance
$256,635
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$410,090

Purchase Details

Closed on
Feb 6, 2015
Sold by
Pereira Mark S and Pereira Amy R
Bought by
The Pereira Trust

Purchase Details

Listed on
Jan 3, 2012
Closed on
Feb 1, 2012
Sold by
Lystra Edward H
Bought by
Pereira Mark and Pereira Amy
Seller's Agent
Mark Wierenga
Five Star Real Estate GH
Buyer's Agent
Mark Wierenga
RE/MAX Lakeshore
List Price
$198,000
Sold Price
$190,000
Premium/Discount to List
-$8,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%

Purchase Details

Closed on
Sep 28, 2009
Sold by
Lystra Edward H
Bought by
Lystra Edward H and Edward H Lystra Trust
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
Sambaer Joseph D $390,000 Premier Lakeshore Title Agen
The Pereira Trust -- None Available
Pereira Mark -- Safe Title Inc
Lystra Edward H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sambaer Joseph D $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2019 02/15/19 Sold $390,000 -10.3% --
01/08/2019 01/08/19 Pending -- -- --
12/11/2018 12/11/18 For Sale $435,000 +128.9% --
02/01/2012 02/01/12 Sold $190,000 -4.0% -- View Prior Sale
01/03/2012 01/03/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $198,000 -- --
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 $9,794 $290,600 $0 $0
2024 $9,489 $275,200 $0 $0
2023 $9,415 $228,300 $0 $0
2022 $9,477 $191,400 $0 $0
2021 $9,277 $173,700 $0 $0
2020 $9,166 $163,600 $0 $0
2019 $4,411 $152,800 $0 $0
2018 $4,213 $135,100 $0 $0
2017 $4,125 $135,100 $0 $0
2016 -- $128,600 $0 $0
2015 -- $75,500 $0 $0
2014 -- $74,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18057971

Southwestern Michigan Association of REALTORS®

APN: 70-03-20-453-013