NOT LISTED FOR SALE

267 Myrtle Ave Muskegon, MI 49442

Jackson Hill Neighborhood

Estimated Value: $202,000 - $232,837

8 Beds
3 Baths
1,684 Sq Ft
$129/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $185,000 $110 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,572/month

3 Days on Market

About This Home

As of February 2023

Check out this fully renovated, fully rented triplex in Muskegon. Currently generating monthly income over 2300. Walking/biking distance to Apple Ave. and Downtown Muskegon. Updated plumbing and electrical though out.

Last Agent to Sell the Property

Mackenzie Bonzelaar

Bellabay Realty LLC License #6501392580 Listed on: 01/19/2023

Bellabay Realty LLC

Last Buyer's Agent

Katherine Ellis

Five Star Real Estate-W Norton License #6501428764

Five Star Real Estate-W Norton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,753

Year Built

  • Built in 1920

Lot Details

  • 5,445 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,753

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: irregular
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1753.0
  • Tax Info:Zoning3: R1
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 185000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 5445.0
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1753.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Feb 27, 2023
Sold by
Koster Mervyn G
Bought by
Nethercott Michael
Seller's Agent
Mackenzie Bonzelaar
Bellabay Realty LLC
Buyer's Agent
Katherine Ellis
Five Star Real Estate-W Norton
List Price
$185,000
Sold Price
$185,000
Views
12
Current Estimated Value
$216,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,459
Avg. Annual Appreciation
5.77%
Original Mortgage
$181,649
Outstanding Balance
$176,575
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$35,700

Purchase Details

Listed on
Nov 2, 2020
Closed on
Feb 17, 2021
Sold by
Owens Destiny and Owens Preston
Bought by
Biltmore Llc
Seller's Agent
Rachel Ulfsax
Real Estate West
Buyer's Agent
Mackenzie Bonzelaar
Bellabay Realty LLC
List Price
$134,900
Sold Price
$116,000
Premium/Discount to List
-$18,900
-14.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.85%
Original Mortgage
$95,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2020
Closed on
Feb 8, 2021
Sold by
Tea Properties Inc
Bought by
Owens Preston and Owens Destiny
Seller's Agent
Rachel Ulfsax
Real Estate West
Buyer's Agent
Mackenzie Bonzelaar
Bellabay Realty LLC
List Price
$134,900
Sold Price
$116,000
Premium/Discount to List
-$18,900
-14.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2020
Sold by
Tea Properties Llc
Bought by
Owens Preston and Owens Destiny

Purchase Details

Closed on
Nov 25, 2014
Sold by
Burns Properties Inc
Bought by
Tea Properties Llc

Purchase Details

Closed on
Jan 29, 2012
Sold by
Burns Properties Inc
Bought by
Tea Properties Llc

Purchase Details

Closed on
Feb 1, 2008
Sold by
Burroughs David and Burroughs Vernice
Bought by
Us Bank Na and Holders Citigroup Mortgage Loan Trust In

Purchase Details

Closed on
Jan 6, 2006
Sold by
Tolle Rick and Tolle Renee
Bought by
Burroughs David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
10.85%
Mortgage Type
Fannie Mae Freddie Mac
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
Nethercott Michael $185,000 Lighthouse Title
Biltmore Llc $116,000 Lighthouse Title Inc
Owens Preston -- None Available
Owens Preston -- None Available
Tea Properties Llc -- None Available
Tea Properties Llc -- None Available
Tea Properties Llc -- None Available
Us Bank Na $58,500 None Available
Burroughs David $65,000 Muskegon Land Title Agency L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nethercott Michael $181,649
Previous Owner Owens Preston $95,000
Previous Owner Burroughs David $65,250
Previous Owner Burroughs David $61,750
Previous Owner Tolle Richard P $35,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $185,000 0.0% $110 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $185,000 +59.5% $110 / Sq Ft
02/17/2021 02/17/21 Sold $116,000 -14.0% $69 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $134,900 -- $80 / 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
2025 $4,645 $90,500 $0 $0
2024 $876 $75,000 $0 $0
2023 $361 $44,800 $0 $0
2022 $1,834 $29,300 $0 $0
2021 $1,603 $25,200 $0 $0
2020 $1,154 $23,500 $0 $0
2019 $1,134 $21,900 $0 $0
2018 $1,109 $20,900 $0 $0
2017 $1,075 $20,600 $0 $0
2016 $198 $19,800 $0 $0
2015 -- $19,700 $0 $0
2014 $202 $18,200 $0 $0
2013 -- $17,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mackenzie Bonzelaar

    Bellabay Realty LLC

    Section Image

  • K

    Buyer's Agent in 2023

    Katherine Ellis

    Five Star Real Estate-W Norton

    (630) 479-0833

    1 in this area

    25 Total Sales

    Section Image
  • Terry Puffer

    Buyer Co-Listing Agent in 2023

    Terry Puffer

    Five Star Real Estate-W Norton

    (231) 855-5001

    15 in this area

    665 Total Sales

    Section Image
  • Rachel Ulfsax

    Seller's Agent in 2021

    Rachel Ulfsax

    Real Estate West

    (616) 212-9417

    1 in this area

    220 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23001883

Southwestern Michigan Association of REALTORS®

APN: 24-205-201-0007-00

Michigan Muskegon County Muskegon 49442 Jackson Hill

267 Myrtle Ave, Muskegon, MI

This home is located at 267 Myrtle Ave, Muskegon, MI 49442 since 19 January 2023 and is currently estimated at $216,459, approximately $128 per square foot. This property was built in 1920. 267 Myrtle Ave is a home located in Muskegon County with nearby schools including Three Oaks Public School Academy, Muskegon Maritime Academy, and Muskegon Covenant Academy.

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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