NOT LISTED FOR SALE

221 N Lake St SE Caledonia, MI 49316

Estimated Value: $424,344 - $474,000

4 Beds
4 Baths
-- Sq Ft
1.06 Acres

Last Sold December 20, 2016

Last sale price $223,000

Est. 101% increase in value since last sale

Current estimated payment $2,846/month

1 Day on Market

Highlights

  • 1.06 Acre Lot
  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • Caledonia Elementary School Rated A
  • 2 Car Garage
  • 3-minute walk to Caledonia Lakeside Park

About This Home

As of December 2016

Hard to find duplex in the heart of Caledonia. Perfect for owner occupied. Rents for 1195. per side

Last Agent to Sell the Property

Mary Kay McCleve

Cherry Valley Realty LLC - I License #6501241809 Listed on: 11/09/2016

Co-Listed By

John McCleve

McCleve, John License #6502369388

Last Buyer's Agent

Jason Johnson

Five Star Real Estate (Eastown) License #6501390715

Five Star Real Estate (Eastown)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,857

Year Built

  • Built in 2004

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 168 x 224 x 146 x 357

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Basement

  • Walk-Out Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Building Details

  • Insurance Expense $717
  • Maintenance Expense $1,923
  • Utility Expense $424
  • Gross Income $26,400

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,857

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 2004
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 168 X 224 X 146 X 357
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4857.0
  • Tax Info:Zoning3: R3
  • 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
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Walk Out: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Walk Out

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 225000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Well, Public
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.06
  • Lot Size Area: 1.06
  • Lot Size Sq Ft: 46304.0
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 26400.0
  • Insurance Expense: 717.0
  • Maintenance Expense: 1923.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4857.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2016
Closed on
Dec 20, 2016
Sold by
Doehring Lynn and Vanduinen Judith R
Bought by
Johnson Benjamin and Johnson Ben
Seller's Agent
Mary Kay McCleve
Cherry Valley Realty LLC - I
Buyer's Agent
Jason Johnson
Five Star Real Estate (Eastown)
List Price
$225,000
Sold Price
$223,000
Premium/Discount to List
-$2,000
-0.89%
Current Estimated Value
$448,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,336
Avg. Annual Appreciation
8.35%
Original Mortgage
$192,867
Interest Rate
4.13%
Mortgage Type
FHA
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
Johnson Benjamin $223,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Benjamin Scott $50,000
Open Johnson Benjamin $189,500
Closed Johnson Benjamin S $189,700
Closed Johnson Benjamin $192,867
Previous Owner Doehring Lynn $229,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2016 12/20/16 Sold $223,000 -0.9% --
11/10/2016 11/10/16 Pending -- -- --
11/09/2016 11/09/16 For Sale $225,000 -- --
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 $4,895 $196,100 $0 $0
2024 $4,895 $179,100 $0 $0
2023 $4,674 $160,800 $0 $0
2022 $6,300 $151,400 $0 $0
2021 $6,145 $143,400 $0 $0
2020 $4,283 $135,700 $0 $0
2019 $497,276 $124,900 $0 $0
2018 $5,897 $122,700 $0 $0
2017 $5,741 $113,000 $0 $0
2016 $4,930 $105,500 $0 $0
2015 $4,856 $105,500 $0 $0
2013 -- $88,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mary Kay McCleve

    Cherry Valley Realty LLC - I

  • J

    Seller Co-Listing Agent in 2016

    John McCleve

    McCleve, John

  • J

    Buyer's Agent in 2016

    Jason Johnson

    Five Star Real Estate (Eastown)

    (616) 633-5911

    2 in this area

    63 Total Sales

    Jason Johnson
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16056327

Southwestern Michigan Association of REALTORS®

APN: 41-23-29-251-024

Michigan Kent County Caledonia 49316

221 N Lake St SE, Caledonia, MI

This home is located at 221 N Lake St SE, Caledonia, MI 49316 since 09 November 2016 and is currently estimated at $448,336. This property was built in 2004. 221 N Lake St SE is a home located in Kent County with nearby schools including Caledonia Elementary School, Emmons Lake Elementary School, and Kettle Lake Elementary 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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