NOT LISTED FOR SALE

240 E Center St Coloma, MI 49038

Estimated Value: $116,000 - $199,000

-- Bed
-- Bath
-- Sq Ft
0.29 Acres

Last Sold January 16, 2018

Last sale price $31,050

Est. 446% increase in value since last sale

Current estimated payment $1,089/month

18 Days on Market

About This Home

As of January 2018

2 unit in the downtown area within easy walking distance to nearly everything. Upper and lower unit setup however could easily be converted back into a single family.Lower unit is a large 1 bedroom and upper unit is more of an efficiency style unit.This is a Fannie Mae Homepath Property.

Last Listed By

Brian Newton

Sunrise Real Estate, Inc. License #6502412621 Listed on: 11/30/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.29 Acre Lot

Home Design

  • Composition Roof

Basement

  • Michigan Basement
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

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

Interior Features

  • Basement: Crawl Space, Michigan Basement

Exterior Features

  • List Price: 26500.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1748.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2017
Closed on
Jan 5, 2018
Sold by
Fannie Mae
Bought by
Jones Brandon
Seller's Agent
Brian Newton
Sunrise Real Estate, Inc.
Buyer's Agent
Brian Brant
Sunrise Real Estate, Inc.
List Price
$26,500
Sold Price
$31,050
Premium/Discount to List
$4,550
17.17%
Total Days on Market
18
Current Estimated Value
$169,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,335
Avg. Annual Appreciation
24.95%

Purchase Details

Closed on
Jan 5, 2017
Sold by
Robertson Wanda and Fifth Third Mortgage Mi Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 20, 2015
Sold by
Robertson Wanda L
Bought by
Robertson Wanda L and Robertson Gary L

Purchase Details

Closed on
Apr 27, 2006
Sold by
Woodley Jerry R and Woodley Wanda J
Bought by
Robertson Wanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 1, 1997

Purchase Details

Closed on
Nov 2, 1995

Range of Values:

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Average Value
Not Available
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
Jones Brandon -- First Title & Escrow Inc
Federal National Mortgage Association $61,128 Attorney
Robertson Wanda L -- M & G Title Service Co
Robertson Wanda L $72,000 None Available
-- $100 --
-- $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robertson Wanda L $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2018 01/16/18 Sold $31,050 +17.2% --
12/18/2017 12/18/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $26,500 -- --
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 $1,687 $70,200 $0 $0
2023 $1,615 $60,100 $0 $0
2022 $1,152 $42,700 $0 $0
2021 $1,401 $37,000 $6,400 $30,600
2020 $1,364 $33,100 $0 $0
2019 $1,480 $32,100 $6,200 $25,900
2018 $1,860 $32,100 $0 $0
2017 $1,775 $31,400 $0 $0
2016 $1,752 $32,300 $0 $0
2015 $1,746 $32,800 $0 $0
2014 $949 $30,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17057630

Southwestern Michigan Association of REALTORS®

APN: 11-60-1150-0008-00-7