NOT LISTED FOR SALE

247 Kearney St Portland, MI 48875

Estimated Value: $219,014 - $244,000

4 Beds
1 Bath
1,728 Sq Ft
$134/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $86,500 $50 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,421/month

1 Day on Market

About This Home

As of February 2019

Three unit rental corner lot home seller wishes to liquidate. All units are occupied and two have leases through August 2018. All are separately metered gas & electric. All have separate hot water. All measurements are estimated & buyer to verify square footage.

Last Agent to Sell the Property

Mary Jane Vanderstow

COLDWELL BANKER FREWEN License #6501383723 Listed on: 12/03/2018

COLDWELL BANKER FREWEN

Last Buyer's Agent

Angela Cassel

WEICHERT REALTORS-EMERALD PROPERTIES

WEICHERT REALTORS-EMERALD PROPERTIES

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,161

Year Built

  • Built in 1900

Lot Details

  • 7,579 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof

Basement

  • Michigan Basement
  • Crawl Space

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for trash collection, gas

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $2,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,161

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Michigan Basement

Exterior Features

  • List Price: 105000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Heating: Natural Gas, Wall Furnace
  • Heating: Yes
  • Utilities: Cable Connected, Telephone Line, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7579.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Insurance Expense: 1500.0
  • Maintenance Expense: 2000.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2160.63
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2018
Closed on
Feb 1, 2019
Sold by
Roger Myers
Bought by
Rjk Investments Group Llc
Seller's Agent
Mary Jane Vanderstow
COLDWELL BANKER FREWEN
Buyer's Agent
Angela Cassel
WEICHERT REALTORS-EMERALD PROPERTIES
List Price
$105,000
Sold Price
$86,500
Premium/Discount to List
-$18,500
-17.62%
Current Estimated Value
$221,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,478
Avg. Annual Appreciation
16.28%

Purchase Details

Closed on
Apr 19, 1990
Bought by
Myers Roger L and Myers Beverly J
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
Rjk Investments Group Llc $865,000 Other
Myers Roger L $38,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $86,500 -17.6% $50 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
12/03/2018 12/03/18 For Sale $105,000 -- $61 / 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 $2,536 $88,300 $18,200 $70,100
2024 $2,096 $88,300 $18,200 $70,100
2023 $2,002 $68,400 $11,000 $57,400
2022 $2,328 $68,400 $11,000 $57,400
2021 $2,263 $49,200 $9,300 $39,900
2020 $1,824 $49,200 $9,300 $39,900
2019 $2,196 $47,700 $9,300 $38,400
2018 $2,161 $39,600 $9,300 $30,300
2017 $1,702 $39,600 $9,300 $30,300
2016 $1,836 $37,800 $9,300 $28,500
2015 $1,524 $37,800 $9,300 $28,500
2014 $1,524 $35,800 $8,600 $27,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18057049

Southwestern Michigan Association of REALTORS®

APN: 300-190-000-175-00