NOT LISTED FOR SALE

Estimated Value: $465,631

-- Bed
-- Bath
-- Sq Ft
10,454 Sq Ft Lot

Last Sold October 11, 2013

Last sale price $180,000

Est. 159% increase in value since last sale

Current estimated payment $2,930/month

66 Days on Market

About This Home

As of October 2013

All brick 6-unit property with off street parking. Easy to rent units with tenants paying their own electric. AC wall unit in 4 of the apartments. Upper 4 units have balconies. Units have nice layouts. Coin- op laundry facillities.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 06/14/2013

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

Richard Kazma

Success Realty West Michigan License #6501155517

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,267

Year Built

  • Built in 1965

Lot Details

  • 10,454

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Hot Water Heating System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Walk-Out Basement
  • 10,454 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,267

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk Out

Exterior Features

  • Construction Materials: Brick
  • List Price: 189900.0
  • Lot Features: Sidewalk, Wooded
  • Road Surface Type: Paved
  • Roof: Composition

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10454.0
  • Zoning Description: RES

Rental Info

  • Owner Pays: Water, Sewer, Gas
  • Tenant Pays: Electricity

Tax Info

  • Tax Annual Amount: 4267.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2013
Closed on
Oct 11, 2013
Sold by
C2living Llc
Bought by
Good Value Homes Llc
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Richard Kazma
Success Realty West Michigan
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Total Days on Market
66
Current Estimated Value
$465,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,631
Avg. Annual Appreciation
8.16%
Original Mortgage
$144,000
Outstanding Balance
$109,169
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$349,119

Purchase Details

Closed on
Aug 31, 2010
Sold by
Kettler Christopher L and Kettler Karin S
Bought by
C2living Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2009
Sold by
Tra Capa Llc
Bought by
C2living Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2004
Sold by
Neibarger Ronald and Neibarger Bonnie L
Bought by
Tra Capa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 10, 2004
Sold by
Nobel Thomas J and Nobel Marcia A
Bought by
Neibarger Ronald and Neibarger Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 1996
Bought by
Nobel Thomas J and Good Value Homes Llc

Purchase Details

Closed on
May 6, 1994
Bought by
Kentcade Associates

Purchase Details

Closed on
Jan 15, 1987
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
Good Value Homes Llc $180,000 Transnation Title Ins Co
C2living Llc -- None Available
Kettler Christopher L -- None Available
C2living Llc $160,000 Lighthouse Title Inc
Tra Capa Llc $200,000 Chicago Title
Neibarger Ronald $154,000 Unified Title
Nobel Thomas J -- --
Nobel Thomas J -- --
Kentcade Associates -- --
-- $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Good Value Homes Llc $144,000
Previous Owner Kettler Christopher L $160,000
Previous Owner C2living Llc $128,000
Previous Owner Tra Capa Llc $200,000
Previous Owner Neibarger Ronald $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $180,000 -5.2% --
08/19/2013 08/19/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $189,900 -- --
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 $4,960 $215,400 $0 $0
2024 $4,960 $185,700 $0 $0
2023 $4,998 $183,200 $0 $0
2022 $4,651 $177,400 $0 $0
2021 $4,530 $155,800 $0 $0
2020 $4,236 $110,600 $0 $0
2019 $4,382 $111,000 $0 $0
2018 $4,316 $99,200 $0 $0
2017 $4,216 $89,900 $0 $0
2016 $4,103 $74,200 $0 $0
2015 $4,072 $74,200 $0 $0
2013 -- $75,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13034899

Southwestern Michigan Association of REALTORS®

APN: 41-17-12-352-021