NOT LISTED FOR SALE

2336 5th St Muskegon, MI 49444

Estimated Value: $143,000 - $158,000

-- Bed
1 Bath
2,023 Sq Ft
$73/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $65,000 $32 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,041/month

26 Days on Market

About This Home

As of July 2019

Completely renovated 3 unit in convenient location - close to shopping, schools & parks. Investment opportunity that is currently rented for instant income!

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 05/09/2019

Bellabay Realty LLC

Last Buyer's Agent

Tammy Halterman Realtor

Five Star Real Estate License #6501339815

Five Star Real Estate

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1930

Lot Details

  • 5,750 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $1,100

Listing and Financial Details

  • Tenant pays for water, gas

Property Details

Home Type

Apartment

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 72900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5750.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Gas

Multi Family

  • Gross Income: 1100.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1727.49
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2023
Sold by
Rjw Mission Properties Llc
Bought by
Platinum Skies Properties Llc
Current Estimated Value
$147,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Outstanding Balance
$95,538
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$42,913

Purchase Details

Listed on
May 9, 2019
Closed on
Jul 1, 2019
Sold by
Spruce Real Estate Holdings Llc
Bought by
Rjw Mission Properties Llc
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Tammy Halterman Realtor
Five Star Real Estate
List Price
$72,900
Sold Price
$65,000
Premium/Discount to List
-$7,900
-10.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%

Purchase Details

Closed on
Apr 3, 2019
Sold by
5Th Street Trust
Bought by
Spruce Real Estate Holdings Llc

Purchase Details

Closed on
Dec 28, 2016
Sold by
Red Rock Property Group
Bought by
5Th Street Trust

Purchase Details

Closed on
Sep 15, 2014
Sold by
Gariepy Daniel and Gariepy Amanda
Bought by
Red Rocie Property Group

Purchase Details

Listed on
Oct 22, 2011
Closed on
May 10, 2012
Sold by
The Estate Of John E Stevenson
Bought by
Gariepy Daniel J and Gariepy Amanda N
Seller's Agent
Keyon Chavis
Key Realty of the Lakeshore
Buyer's Agent
Michael Enders
Realty Executives Instant Equity
List Price
$37,500
Sold Price
$21,000
Premium/Discount to List
-$16,500
-44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%
Original Mortgage
$41,600
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 22, 2011
Closed on
Apr 16, 2012
Sold by
Stevenson Otis and Stevenson Diana
Bought by
The Estate Of John E Stevenson
Seller's Agent
Keyon Chavis
Key Realty of the Lakeshore
Buyer's Agent
Michael Enders
Realty Executives Instant Equity
List Price
$37,500
Sold Price
$21,000
Premium/Discount to List
-$16,500
-44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
4%
Mortgage Type
Unknown
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
Platinum Skies Properties Llc $122,500 None Listed On Document
Rjw Mission Properties Llc $65,000 Next Door Title Agency Llc
Spruce Real Estate Holdings Llc -- None Available
5Th Street Trust $1,800 Chicago Title Of Mi Inc
Red Rocie Property Group -- None Available
Gariepy Daniel J $52,000 Lighthouse Title Inc
The Estate Of John E Stevenson -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Platinum Skies Properties Llc $98,000
Previous Owner Gariepy Daniel J $41,600
Previous Owner Gariepy Daniel J $41,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $65,000 -10.8% $32 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $72,900 +247.1% $36 / Sq Ft
05/10/2012 05/10/12 Sold $21,000 -44.0% $10 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
10/22/2011 10/22/11 For Sale $37,500 -- $19 / Sq Ft
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 $2,824 $68,100 $0 $0
2024 $2,094 $45,700 $0 $0
2023 $1,252 $37,000 $0 $0
2022 $1,710 $35,000 $0 $0
2021 $1,666 $24,700 $0 $0
2020 $1,650 $21,700 $0 $0
2019 $1,695 $24,100 $0 $0
2018 $1,655 $21,800 $0 $0
2017 $936 $13,000 $0 $0
2016 $597 $12,200 $0 $0
2015 -- $20,300 $0 $0
2014 -- $21,900 $0 $0
2013 -- $22,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19019665

Southwestern Michigan Association of REALTORS®

APN: 26-185-092-0015-00