NOT LISTED FOR SALE

Estimated Value: $264,000 - $343,000

-- Bed
-- Bath
-- Sq Ft
8,750 Sq Ft Lot

Last Sold July 20, 2020

Last sale price $235,000

Est. 29% increase in value since last sale

Current estimated payment $2,114/month

42 Days on Market

About This Home

As of July 2020

Great cash flow in this 4 unit 2427 Hazel $795/mo- one bedroom w/ newly refinished hardwood floors, nice compact kitchen, new bath w/ granite counters, new shower & ceramic floors. Spacious living room newly refinished hardwood floors & lots of windows, private front porch. 3813 Barnard $730/mo.-1 bedroom w/ hardwood floors in bedroom & living room. upgraded kitchen & bath. 3815 Barnard $715/mo.-upper studio w/vaulted ceiling w/ skylights, hardwood floors. Newly remodeled kitchen w/ ceramic floors & nice bathroom. extra attic storage. 3817 Barnard $675/mo.- rear unit w/ nice L shaped living rm & dining rm w/hardwood floors open to kitchen. Bedroom up 4 risers is carpeted w/ newly remodeled bath. Large lot w/ shade trees- nice side yard. Off street parking, dry basement, outside entrance

Last Agent to Sell the Property

Rick Zuiderveen

Zuiderveen, REALTORS LLC License #6502350261 Listed on: 05/05/2020

Co-Listed By

Irene Zuiderveen

Zuiderveen, REALTORS LLC License #6504163257

Last Buyer's Agent

Justin Gregory

American Professional Homes License #6501377071

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,007

Year Built

  • Built in 1936

Lot Details

  • 8,750 Sq Ft Lot

Parking

  • 7 Parking Spaces

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,244
  • Maintenance Expense $850
  • Operating Expense $10,615
  • Gross Income $34,470
  • Net Operating Income $23,855

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,007

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 249900.0
  • Number of Buildings: 1
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8750.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Gross Income: 34470.0
  • Insurance Expense: 1244.0
  • Maintenance Expense: 850.0
  • Net Operating Income: 23855.0
  • Number of Units Total: 4
  • Operating Expense: 10615.0

Tax Info

  • Tax Annual Amount: 3007.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Jul 20, 2020
Sold by
Spaulding Brian D and Spaulding Bonnie L
Bought by
Kramer Max
Seller's Agent
Rick Zuiderveen
Zuiderveen, REALTORS LLC
Buyer's Agent
Justin Gregory
American Professional Homes
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Current Estimated Value
$303,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,172
Avg. Annual Appreciation
5.00%
Original Mortgage
$230,743
Outstanding Balance
$204,224
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$98,948

Purchase Details

Closed on
Nov 25, 2008
Sold by
Spaulding Brian D and Spaulding Bonnie L
Bought by
Spaulding Brian D and Spaulding Bonnie L
Source: Public Records

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
Kramer Max $235,000 Devon Title Company
Spaulding Brian D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Max $230,743
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $235,000 -6.0% --
06/16/2020 06/16/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $249,900 -- --
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 $5,998 $123,000 $0 $0
2024 $2,486 $105,900 $0 $0
2023 $2,708 $93,200 $0 $0
2022 $5,440 $85,700 $0 $0
2021 $4,922 $76,100 $0 $0
2020 $2,225 $68,200 $0 $0
2019 $3,008 $57,100 $0 $0
2018 $2,941 $48,600 $0 $0
2017 $3,160 $48,300 $0 $0
2016 $3,160 $44,500 $0 $0
2015 $3,160 $43,900 $0 $0
2014 $3,160 $44,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20014456

Southwestern Michigan Association of REALTORS®

APN: 06-32-194-409