NOT LISTED FOR SALE

2521 Demorrow Cir Stevensville, MI 49127

Estimated Value: $257,000 - $326,000

2 Beds
2 Baths
-- Sq Ft
0.32 Acres

Last Sold February 04, 2019

Last sale price $184,000

Est. 58% increase in value since last sale

Current estimated payment $1,945/month

3 Days on Market

Highlights

  • Cul-De-Sac
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Lakeshore High School Rated A-

About This Home

As of February 2019

Great investment opportunity! Rudy Brunkel built brick ranch duplex. Wonderful location close to schools, library, grocery stores and more. Quiet cul-de-sac neighborhood with sidewalks in Lakeshore School District. Each side consists of Central Air Conditioning, 2 bedrooms, 1 1/2 baths, basement & attached garage. Kitchen includes a nice sized dining area and slider to the backyard patio. Living room is very spacious and each side of the duplex is 1022 sq. ft. Roof is 7 years old, Furnaces are both 4 years old. Live in one side and rent out the other or use both sides for investment income.

Last Agent to Sell the Property

Shelle Dragomer

@properties Christie's International R.E. License #6501342234 Listed on: 12/07/2018

@properties Christie's International R.E.

Last Buyer's Agent

Michele Kaiser

@properties Christie's International R.E. License #6501309604

@properties Christie's International R.E.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,100

Year Built

  • Built in 1975

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

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

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,100

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Accessible Mn Flr Be

Exterior Features

  • Construction Materials: Brick
  • List Price: 198000.0
  • Lot Features: Cul-De-Sac
  • Number of Buildings: 2
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Size Sq Ft: 13939.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4100.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Paracha Osman and Paracha Maria
Bought by
Burch Jeffrey T and Burch Colleen R
Current Estimated Value
$291,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Outstanding Balance
$125,843
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$165,655

Purchase Details

Listed on
Dec 7, 2018
Closed on
Feb 4, 2019
Sold by
Paracha Osman
Bought by
Paracha Osman and Chohan Maria
Seller's Agent
Shelle Dragomer
@properties Christie's International R.E.
Buyer's Agent
Michele Kaiser
@properties Christie's International R.E.
List Price
$198,000
Sold Price
$184,000
Premium/Discount to List
-$14,000
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$180,667
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 1996

Purchase Details

Closed on
Oct 3, 1977
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
Burch Jeffrey T $227,500 First American Title
Paracha Osman -- First American Title
Paracha Osman $184,000 First American Title
-- -- --
-- $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burch Jeffrey T $163,500
Previous Owner Paracha Osman $180,667
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2019 02/04/19 Sold $184,000 -7.1% --
12/10/2018 12/10/18 Pending -- -- --
12/07/2018 12/07/18 For Sale $198,000 -- --
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 $4,843 $148,900 $0 $0
2024 $5,098 $136,000 $0 $0
2023 $4,861 $122,100 $0 $0
2022 $4,619 $96,700 $0 $0
2021 $3,989 $92,100 $13,700 $78,400
2020 $3,938 $85,400 $0 $0
2019 $3,479 $76,200 $12,500 $63,700
2018 $6,657 $76,200 $0 $0
2017 $4,027 $76,600 $0 $0
2016 $3,955 $73,900 $0 $0
2015 $3,949 $77,600 $0 $0
2014 $2,842 $72,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelle Dragomer

    Seller's Agent in 2019

    Shelle Dragomer

    @ Properties

    (269) 757-3999

    64 in this area

    202 Total Sales

    Shelle Dragomer
    Section Image

  • M

    Buyer's Agent in 2019

    Michele Kaiser

    @ Properties

    (269) 469-0700

    28 in this area

    99 Total Sales

    Michele Kaiser
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18057590

Southwestern Michigan Association of REALTORS®

APN: 11-45-0900-0001-00-7

Michigan Berrien County Stevensville 49127

2521 Demorrow Cir, Stevensville, MI

This home is located at 2521 Demorrow Cir, Stevensville, MI 49127 since 07 December 2018 and is currently estimated at $291,498. This property was built in 1975. 2521 Demorrow Cir is a home located in Berrien County with nearby schools including Lakeshore High School and St. Paul's Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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