NOT LISTED FOR SALE

230 S Main St Three Rivers, MI 49093

Estimated Value: $297,530

-- Bed
-- Bath
-- Sq Ft
10,019 Sq Ft Lot

Last Sold April 07, 2023

Last sale price $255,000

Est. 17% increase in value since last sale

Current estimated payment $1,942/month

36 Days on Market

Highlights

  • Private Waterfront
  • Hot Water Heating System
  • 5-minute walk to Scidmore Park & Petting Zoo
  • 1 Fireplace

About This Home

As of April 2023

EXCELLENT investment opportunity! This 2 story features 5 updated units sitting right on the St. Joseph river. Bringing in $3700 in monthly rents makes a great ROI. Unit 3 available with 24 hour notice, all other units will be available for walk-through upon accepted offer.

Last Listed By

Stephanie Brooks-Worden

Acacia Group LLC Listed on: 01/25/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,562

Year Built

  • Built in 1901

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 57x196
  • Private Waterfront
  • 70 Feet of Waterfront

Parking

  • 7 Parking Spaces

Home Design

  • Rubber Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Outdoor Features

  • Water Access

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Cable TV Available

Community Details

  • 5 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,562

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 264900.0
  • Number of Buildings: 1
  • Roof: Metal, Rubber
  • Water Body Name: St Joseph River
  • Waterfront Features: River
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 7.0
  • General Property Info:Total Parking Spaces: 7.0

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Water Available, Sewer Available

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 57x196
  • Lot Size Sq Ft: 10019.0
  • Zoning Description: B-2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 2562.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Apr 7, 2023
Sold by
Kelting Investment Properties Llc
Bought by
Aldrich Michael L and Aldrich Stephanie L
Seller's Agent
Stephanie Brooks-Worden
Acacia Group LLC
Buyer's Agent
Susan Loux
Loux & Hayden Realty
List Price
$264,900
Sold Price
$255,000
Premium/Discount to List
-$9,900
-3.74%
Total Days on Market
36
Views
19
Current Estimated Value
$297,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,530
Avg. Annual Appreciation
7.55%

Purchase Details

Closed on
Sep 5, 2018
Sold by
Walton Marcus
Bought by
Take Action Properties Llc

Purchase Details

Listed on
Nov 1, 2016
Closed on
Mar 3, 2017
Sold by
Heivilin Shawn A and Heivilin Crystal L
Bought by
Walton Marcus
Seller's Agent
Crystal Heivilin
Century 21 Affiliated
Buyer's Agent
Johnnie Decker
Michigan Top Producers
List Price
$108,000
Sold Price
$102,000
Premium/Discount to List
-$6,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%

Purchase Details

Closed on
Oct 17, 2002
Sold by
Bainbridge Stephen R
Bought by
Heivilin Shawn A and Heivilin Crystal L

Purchase Details

Closed on
Apr 9, 1998
Sold by
Shepherd Devon E
Bought by
Bainbridge Stephen R

Purchase Details

Closed on
Nov 21, 1990
Sold by
Chapman Bernard L
Bought by
Shepherd Devon E

Purchase Details

Closed on
May 21, 1969
Sold by
Bauer Richard E
Bought by
Brouwer John F

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
Aldrich Michael L $255,000 None Listed On Document
Take Action Properties Llc -- None Available
Walton Marcus $104,325 Patrick Abstract And Title
Heivilin Shawn A $50,000 --
Bainbridge Stephen R $54,500 --
Shepherd Devon E -- --
Brouwer John F $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Aldrich Michael L $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $255,000 -3.7% --
02/28/2023 02/28/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $264,900 0.0% --
01/25/2023 01/25/23 Off Market $264,900 -- --
01/23/2023 01/23/23 For Sale $264,900 +159.7% --
03/30/2017 03/30/17 Sold $102,000 -5.6% --
02/14/2017 02/14/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $108,000 -- --
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
2024 $3,518 $86,000 $7,400 $78,600
2023 $2,206 $53,900 $3,700 $50,200
2022 $1,619 $50,000 $3,700 $46,300
2021 $2,513 $47,600 $3,700 $43,900
2020 $2,481 $47,600 $3,700 $43,900
2019 $2,434 $42,500 $3,300 $39,200
2018 $2,332 $36,200 $6,200 $30,000
2017 $2,241 $37,900 $37,900 $0
2016 -- $37,600 $37,600 $0
2015 -- $34,500 $0 $0
2014 -- $33,700 $33,700 $0
2012 -- $35,700 $35,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23002191

Southwestern Michigan Association of REALTORS®

APN: 051-230-008-00