$135,486
SOLD MAR 5, 2025

2516 5th St Muskegon, MI 49444

-- Bed
-- Bath
2,516 Sq Ft
0.29 Acres

Recently Sold

$54 Per Sq Ft

28% Below List Price

167 Days on Market

Highlights

  • 0.29 Acre Lot
  • Forced Air Heating System
  • High Speed Internet
  • 1 Fireplace
  • 6 Car Garage
  • Wood Siding

About This Home

As of March 2025

Unlock incredible potential with this 4-Unit Multi-Family home! Presently, three of the four units are occupied, promising immediate returns on investment. The property has a nice full-sized basement offering abundant storage and convenient washer and dryer facilities. Positioned on a spacious double-wide lot, a garage is situated on the left side for added connivence. Enjoy its location within walking distance of parks and biking distance of Sherman and Henry, making it an enticing opportunity for investors.

Last Agent to Sell the Property

Laura Cole

Keller Williams GR East License #6501383883 Listed on: 03/27/2024

Keller Williams GR East

Last Buyer's Agent

Jonathan Hazeltine

AARE License #6502432785

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100 x 125

Parking

  • 6 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water

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

  • Interior Amenities: Broadband
  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 169900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Garages: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Dimensions: 100 x 125
  • Lot Size Sq Ft: 12502.0
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3922.88
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Mar 20, 2025
Sold by
Hazeltine Stephen and Hazeltine Chanelle
Bought by
Hazeltine Property Co Llc
Seller's Agent
Laura Cole
Keller Williams GR East
Buyer's Agent
Jonathan Hazeltine
AARE
List Price
$187,500
Sold Price
$135,486
Premium/Discount to List
-$52,014
-27.74%
Total Days on Market
167
Views
87
Current Estimated Value
$139,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,752
Avg. Annual Appreciation
11.55%
Original Mortgage
$212,952
Outstanding Balance
$212,772
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$73,534

Purchase Details

Listed on
Mar 27, 2024
Closed on
Mar 5, 2025
Sold by
Solr Properties Llc
Bought by
Hazeltine Stephen and Hazeltine Chanelle
Seller's Agent
Laura Cole
Keller Williams GR East
Buyer's Agent
Jonathan Hazeltine
AARE
List Price
$187,500
Sold Price
$135,486
Premium/Discount to List
-$52,014
-27.74%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,952
Outstanding Balance
$212,772
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$73,534

Purchase Details

Closed on
Aug 30, 2022
Sold by
Tanis and Allison
Bought by
Solr Properties Llc

Purchase Details

Closed on
Jun 7, 2022
Sold by
Biltmore Llc
Bought by
Tanis Matthew and Tanis Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,925
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2020
Sold by
Nielsen Roger
Bought by
Biltmore Llc
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $135,486 Lighthouse Title
Warranty Deed $135,486 Lighthouse Title
Warranty Deed -- --
Warranty Deed $151,900 Irongate Title
Warranty Deed $150,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $212,952 New Conventional
Closed $212,952 New Conventional
Previous Owner $113,925 New Conventional
Previous Owner $42,000 Unknown
Previous Owner $122,270 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $135,486 -20.3% $54 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/02/2024 07/02/24 Price Changed $169,900 -5.1% $68 / Sq Ft
06/17/2024 06/17/24 Price Changed $179,000 -4.5% $71 / Sq Ft
03/27/2024 03/27/24 For Sale $187,500 0.0% $75 / Sq Ft
03/24/2024 03/24/24 Off Market $187,500 -- --
03/11/2024 03/11/24 Pending -- -- --
03/04/2024 03/04/24 Price Changed $187,500 -6.3% $75 / Sq Ft
02/20/2024 02/20/24 For Sale $200,000 -- $79 / 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
2024 $2,511 $64,100 $0 $0
2023 $2,740 $52,200 $0 $0
2022 $2,486 $34,500 $0 $0
2021 $2,423 $32,000 $0 $0
2020 $1,692 $28,300 $0 $0
2019 $1,661 $31,300 $0 $0
2018 $1,622 $27,300 $0 $0
2017 $1,505 $23,600 $0 $0
2016 $1,013 $22,100 $0 $0
2015 -- $26,700 $0 $0
2014 -- $28,700 $0 $0
2013 -- $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24008394

Southwestern Michigan Association of REALTORS®

APN: 26-185-142-0020-00