K
Seller's Agent in 2019
Kenneth Daniel, JR.
Home Zone Realty
(269) 228-6010
29 in this area
34 Total Sales
Estimated Value: $188,000 - $246,000
6
Beds
4
Baths
--
Sq Ft
6,970
Sq Ft Lot
About This Home
As of November 2019BEAUTIFUL 2- UNIT MONEY MAKER!!!
Both units are spacious and wonderful. Large rooms, updated kitchens, separate furnace & water heater for each unit. The main floor unit features 3 large roomy bedrooms & 2 full baths, main floor laundry & a dining room area, plus the Living Room & Kitchen. The upper floor features 2 spacious bedrooms, separate laundry room area, 2 full bathrooms, Kitchen, Living Room & Dining Room area. This location is within walking distance to the Library, Hardings Super Market, the river walk, and downtown shopping & restaurants. Each unit currently rents for $600./month. Tenant pays for his/her utilities. This is a great opportunity to expand your investment portfolio, with this well maintained property. SEE MORE.. 2 Breaker panels on upper floor, 1 breaker box in basement. Main floor unit offers basement access. Each unit is separately metered.
Fridge & Stove in each unit included. These units have been continuously rented for several years. Low vacancy. Furnaces & Water heaters, Roof & other updates performed in 2007.
Make an appointment to see this home. You will see this is a unique opportunity to own this money making property.
Last Agent to Sell the Property
Home Zone Realty License #6502357901 Listed on: 09/19/2019
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $661
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
Parking
- 4 Parking Spaces
Home Design
- Composition Roof
- Wood Siding
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for water, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2019
Closed on
Nov 22, 2019
Sold by
Mosier Robert S and Mosier Sandra K
Bought by
Smith Jason E
Seller's Agent
Kenneth Daniel, JR.
Home Zone Realty
Buyer's Agent
Kenneth Daniel, JR.
Home Zone Realty
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,998
Avg. Annual Appreciation
13.22%
Original Mortgage
$78,750
Outstanding Balance
$69,141
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$152,857
Purchase Details
Closed on
Aug 16, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Mosier Robert S and Mosier Sandra K
Purchase Details
Closed on
Oct 26, 2006
Sold by
Schmeling Michael and Schmeling Kelly
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Mortgage Loan Tr 2005-5Ar
Purchase Details
Closed on
May 19, 2005
Sold by
Schmelings Properties Llc
Bought by
Schmeling Michael and Schmeling Kelly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
9.37%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 6, 1999
Purchase Details
Closed on
Apr 13, 1998
Purchase Details
Closed on
Jul 29, 1985
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Jason E | $105,000 | First American Title | |
| Mosier Robert S | $31,500 | None Available | |
| Deutsche Bank National Trust Co | $100,803 | None Available | |
| Schmeling Michael | -- | -- | |
| -- | $100 | -- | |
| -- | $65,000 | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Jason E | $78,750 | |
| Previous Owner | Schmeling Michael | $94,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2019 11/22/19 | Sold | $105,000 | -4.5% | -- |
| 09/28/2019 09/28/19 | Pending | -- | -- | -- |
| 09/19/2019 09/19/19 | For Sale | $110,000 | -- | -- |
Source: MichRIC
Tax History Compared to Growth
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 | $3,391 | $119,700 | $0 | $0 |
| 2024 | $1,747 | $107,500 | $0 | $0 |
| 2023 | $1,675 | $79,100 | $0 | $0 |
| 2022 | $1,595 | $58,100 | $0 | $0 |
| 2021 | $2,943 | $54,600 | $3,300 | $51,300 |
| 2020 | $2,909 | $50,800 | $0 | $0 |
| 2019 | $674 | $20,300 | $8,800 | $11,500 |
| 2018 | $652 | $20,300 | $0 | $0 |
| 2017 | $646 | $19,200 | $0 | $0 |
| 2016 | $636 | $16,000 | $0 | $0 |
| 2015 | $634 | $13,800 | $0 | $0 |
| 2014 | $295 | $11,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kenneth Daniel, JR.
Map
Source: MichRIC
MLS Number: 19046044
APN: 11-72-3080-0009-02-9
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