NOT LISTED FOR SALE

2600 Chapel Rd Unit 2590 Chapel Parma, MI 49269

Estimated Value: $195,000 - $241,000

-- Bed
2 Baths
2,332 Sq Ft
$89/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $149,000 $64 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,406/month

22 Days on Market

About This Home

As of July 2021

Perfect opportunity for owner occupied rental! Live in one side and rent out the other. Unit 1 (2600) has been updated with fresh paint and flooring. Enjoy your morning coffee in the large, sun filled dining area with two doors to escape for fresh air as well. Unit 2 (2590) also has new carpet and flooring in the bathroom. This duplex has been well maintained by sellers and both units have large, covered porches for outdoor relaxation. Roof is less than 5 years old, well pump was replaced a year ago. One car garage for unit 2590 sets between the two units, providing acoustic privacy for you as well as your tenants. Spring Arbor University is minutes away and Jackson is only a 10 minute drive! This is it! Get a great place to live and someone to help pay your mortgage!

Last Listed By

Becky Smith

Production Realty License #6501404113 Listed on: 05/06/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,473

Year Built

  • Built in 1974

Lot Details

  • 0.4

Home Design

  • Wood Siding

Additional Features

  • Crawl Space
  • 0.4 Acre Lot
  • Well

Community Details

  • Operating Expense $14,874
  • Net Operating Income $2,061

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,473

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 150000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Water Source: Well

Lot Info

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

Rental Info

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

Multi Family

  • Net Operating Income: 2061.12
  • Operating Expense: 14873.88

Tax Info

  • Tax Annual Amount: 3472.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 8, 2021
Sold by
Randall Nathan S and Randall Christina E
Bought by
Hathaway Brice L
Seller's Agent
Becky Smith
Production Realty
Buyer's Agent
BRETT MILES
C-21 Affiliated - Jackson
Sold Price
$149,000
Total Days on Market
22
Current Estimated Value
$206,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,842
Avg. Annual Appreciation
6.04%
Original Mortgage
$146,301
Outstanding Balance
$134,743
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$51,894

Purchase Details

Closed on
Jan 20, 2005
Sold by
Randall Christina E
Bought by
Randall Nathan S and Randall Christina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2001
Sold by
Myers Raymond E and Myers Hazel B
Bought by
Myers Raymond E and Myers Hazel B

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
Hathaway Brice L $149,000 Midstate Title Agency Llc
Randall Nathan S -- At
Randall Christina E $135,000 At
Myers Raymond E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hathaway Brice L $146,301
Previous Owner Randall Christina E $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $149,000 -- $64 / Sq Ft
05/28/2021 05/28/21 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 $3,125 $100,300 $0 $0
2023 $3,084 $113,800 $0 $0
2022 $4,845 $102,500 $0 $0
2021 $3,517 $89,870 $0 $0
2020 $3,473 $75,720 $0 $0
2019 $3,335 $68,660 $0 $0
2018 $3,302 $70,770 $10,840 $59,930
2017 $3,162 $71,380 $0 $0
2016 $2,385 $71,200 $71,200 $0
2015 $55,646 $62,340 $62,340 $0
2014 $55,646 $58,690 $58,690 $0
2013 -- $58,690 $58,690 $0
Source: Public Records

Agents Affiliated with this Home

  • Becky Smith

    Seller's Agent in 2021

    Becky Smith

    Production Realty

    (517) 499-6056

    52 Total Sales

    Becky Smith
    Section Image
  • BRETT MILES

    Buyer's Agent in 2021

    BRETT MILES

    C-21 Affiliated - Jackson

    (517) 395-8253

    329 Total Sales

    BRETT MILES
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21095245

Southwestern Michigan Association of REALTORS®

APN: 135-12-08-476-007-00

Michigan Jackson County Parma 49269

2600 Chapel Rd Unit 2590 Chapel, Parma, MI

Homes for Sale in Parma, MI

This home is located at 2600 Chapel Rd Unit 2590 Chapel, Parma, MI 49269 since 06 May 2021 and is currently estimated at $206,842, approximately $88 per square foot. This property was built in 1974. 2600 Chapel Rd Unit 2590 Chapel 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.
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