NOT LISTED FOR SALE

2584 Chapel Rd Unit 2580 Chapel Rd Parma, MI 49269

Estimated Value: $164,000 - $181,270

-- Bed
2 Baths
1,760 Sq Ft
$97/Sq Ft Est. Value

Last Sold September 05, 2017

Last sale price $83,000 $47 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,191/month

39 Days on Market

About This Home

As of September 2017

INVESTMENT OPPORTUNITY!! 2 unit in Western Schools. Each unit has 2 bedrooms, full bath, living room and kitchen with eat-in space. Each unit also has a carport. Units each rent for $625 per month. Live in one side and rent the other or rent both sides out for cash flow. Large yard and shed in back. Utilities metered separately

Last Listed By

TAD FRENCH

Five Star Real Estate-Cooper License #6501345481 Listed on: 07/07/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 120x146

Parking

  • Gravel Driveway

Basement

  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Tenant pays for trash collection, gas
  • The owner pays for water

Community Details

Overview

  • 2 Units
  • Kings Chapel Subdivision

Building Details

  • Net Operating Income $1,250

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 92000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Association Info:Assoc Fee Payable: None

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Net Operating Income: 1250.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2429.65
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Sep 5, 2017
Sold by
Spice Investments Llc
Bought by
Dsmz Properties Llc
Seller's Agent
TAD FRENCH
Five Star Real Estate-Cooper
Buyer's Agent
Julie Hackworth
ERA REARDON REALTY, L.L.C.
Sold Price
$83,000
Total Days on Market
39
Current Estimated Value
$171,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,068
Avg. Annual Appreciation
10.92%

Purchase Details

Closed on
Jan 23, 2004
Sold by
Spice George and Spice Susanne
Bought by
Spice Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2000
Sold by
Trotter Darrell D and Trotter Mona G
Bought by
Kinsey Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 1998
Sold by
Trotter Darrell D and Trotter Mona G
Bought by
Trotter Darrell D and Trotter Trotter

Purchase Details

Closed on
Jul 10, 1997
Sold by
Mcconnell Bryan P and Mcconnell Dawn R
Bought by
Trotter Darrell D and Trotter Mona G

Purchase Details

Closed on
Jul 1, 1994
Bought by
Mcconnell

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dsmz Properties Llc $83,000 None Available
Spice Investments Llc -- --
Spice George -- Chicago Title
Spice Investments Llc $77,696 Chicago Title
Kinsey Richard A $99,900 --
Trotter Darrell D -- --
Trotter Darrell D $80,000 --
Mcconnell $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spice George $81,500
Previous Owner Kinsey Richard A $79,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2017 09/05/17 Sold $83,000 -- $47 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
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 $2,901 $99,800 $0 $0
2023 $2,840 $91,500 $0 $0
2022 $3,632 $79,300 $0 $0
2021 $3,550 $75,180 $0 $0
2020 $3,506 $67,450 $0 $0
2019 $3,367 $64,450 $0 $0
2018 $3,333 $58,970 $10,840 $48,130
2017 $2,671 $59,290 $0 $0
2016 $2,014 $59,240 $59,240 $0
2015 $47,000 $52,250 $52,250 $0
2014 $47,000 $49,340 $49,340 $0
2013 -- $49,340 $49,340 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    TAD FRENCH

    Five Star Real Estate-Cooper

  • Julie Hackworth

    Buyer's Agent in 2017

    Julie Hackworth

    ERA REARDON REALTY, L.L.C.

    (517) 206-6426

    186 Total Sales

    Julie Hackworth
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21034745

Southwestern Michigan Association of REALTORS®

APN: 135-12-08-476-006-00

Michigan Jackson County Parma 49269

2584 Chapel Rd Unit 2580 Chapel Rd, Parma, MI

Homes for Sale in Parma, MI

This home is located at 2584 Chapel Rd Unit 2580 Chapel Rd, Parma, MI 49269 since 07 July 2017 and is currently estimated at $171,068, approximately $97 per square foot. This property was built in 1971. 2584 Chapel Rd Unit 2580 Chapel Rd is a home located in Jackson County with nearby schools including Western High School and Trinity 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes