Seller's Agent in 2023
Eldon Palmer
616 Realty LLC
(616) 901-4818
1 in this area
84 Total Sales
232 S State St Newaygo, MI 49337
Estimated Value: $234,499 - $315,000
Studio
--
Bath
--
Sq Ft
0.39
Acres
Highlights
- Corner Lot: Yes
- Forced Air Heating System
- 6 Car Garage
- Cooling System Mounted In Outer Wall Opening
About This Home
As of August 2023A versatile investment gem or ideal owner-occupant opportunity nestled in the heart of Newaygo. This beautifully maintained duplex, renovated (down to studs including, spray foam insulation, electrical, HVAC and plumbing) in 2008 in 2008, offers two well-appointed units amidst a large yard, beautiful landscaping and mature shade trees. The spacious lower unit features 4 bedrooms, an expansive kitchen with appliances, and a large, inviting covered front porch. This would make a great owner's suite for owner-occupied. Upstairs, find a cozy 2-bedroom unit boasting a fully-equipped kitchen, as well as an in-unit stacked washer/dryer, making for an attractive prospect to potential tenants. This property offers a 2-stall garage for ample parking and storage for both units. and an expansive yard for outdoor activities. An excellent location enhances the charm of this property. Take a leisurely stroll to nearby restaurants, schools, and other amenities. Plus, enjoy the unique appeal of Newaygo's vibrant downtown, with eclectic shops, businesses, eateries and stunning riverside parks ideal for fishing and kayaking. Note: Lower Unit 232 tenant has been paying well under market rate rents (estimated $1200-$1500) Explore the fantastic potential of this duplex and buy with confidence!
Last Agent to Sell the Property
616 Realty LLC License #6501329565 Listed on: 06/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,589
Year Built
- Built in 1900
Lot Details
- 0.39 Acre Lot
- Lot Dimensions are 132x132
- Corner Lot: Yes
- Level Lot
Home Design
- Composition Roof
- Vinyl Siding
Basement
- Michigan Basement
- Partial Basement
- Crawl Space
Parking
- 6 Car Garage
- Driveway
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Heat Pump System
- Window Unit Heating System
- Natural Gas Connected
- Individual Gas Meter
- Separate Water Meter
- Shared Water Meter
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electric, water, trash, sewer, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2023
Closed on
Aug 25, 2023
Bought by
Elko Jacob
Seller's Agent
Eldon Palmer
616 Realty LLC
Buyer's Agent
Jacob Elko
Five Star Real Estate (Courtland)
List Price
$279,900
Sold Price
$223,262
Premium/Discount to List
-$56,638
-20.24%
Views
71
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
$35,363
Avg. Annual Appreciation
6.43%
Purchase Details
Closed on
Jun 16, 2006
Sold by
Craft Tony
Bought by
232 State Street Llc
Purchase Details
Closed on
Mar 19, 2004
Sold by
First Bank National Assoc
Bought by
Craft Tony
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 |
|---|---|---|---|
| Elko Jacob | $223,262 | -- | |
| 232 State Street Llc | -- | -- | |
| Craft Tony | $37,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2023 08/25/23 | Sold | $223,262 | -10.7% | -- |
| 07/25/2023 07/25/23 | Pending | -- | -- | -- |
| 07/20/2023 07/20/23 | Price Changed | $249,900 | -10.7% | -- |
| 06/09/2023 06/09/23 | For Sale | $279,900 | -- | -- |
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 | $3,255 | $97,000 | $0 | $0 |
| 2024 | $32 | $89,200 | $0 | $0 |
| 2023 | $2,205 | $80,200 | $0 | $0 |
| 2022 | $2,597 | $69,700 | $0 | $0 |
| 2021 | $2,518 | $61,500 | $0 | $0 |
| 2020 | $2,522 | $57,300 | $0 | $0 |
| 2019 | $2,502 | $54,800 | $0 | $0 |
| 2018 | $2,477 | $47,200 | $0 | $0 |
| 2017 | $2,414 | $45,200 | $0 | $0 |
| 2016 | $2,392 | $40,500 | $0 | $0 |
| 2015 | -- | $37,100 | $0 | $0 |
| 2014 | -- | $36,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Eldon Palmer
-
Jacob Elko
J
Buyer's Agent in 2023
Jacob Elko
Five Star Real Estate (Courtland)
(231) 414-2424
2 in this area
49 Total Sales
Map
Source: MichRIC
MLS Number: 23019778
APN: 18-24-476-003
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.
Information is deemed reliable but not guaranteed.
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