NOT LISTED FOR SALE

27 Park St Pentwater, MI 49449

Estimated Value: $290,403 - $405,000

-- Bed
-- Bath
-- Sq Ft
3,127 Sq Ft Lot

Last Sold June 01, 2016

Last sale price $152,000

Est. 128% increase in value since last sale

Current estimated payment $2,217/month

52 Days on Market

Highlights

  • 1 Fireplace
  • Hot Water Heating System
  • High Speed Internet
  • Corner Lot: Yes

About This Home

As of June 2016

Great investment opportunity or turn it into your own home or weekly rental. Two unit duplex/apartments in the village of Pentwater. Front unit (17) has 1 bedroom, four seasons room that could be bedroom 2, 2 full baths, living room, kitchen/dining area with two spacious walk-in closets. Rear unit (27) has 1 bedroom, living room, kitchen/dining area pantry, 2 spacious walk-in closets. Full basement that is not separated between the 2 units but has entrance from both units. Previous owner did not include use of basement in the lease and used that space to store maintenance items. All utilities are shared, previous owner had 50/50 split of utilities built into lease agreement. New paint throughout, newer appliances and some new flooring. Buyer to verify all measurements.

Last Agent to Sell the Property

Rick Quinn

Coldwell Banker Anchor-Hart License #6501381956 Listed on: 03/22/2016

Coldwell Banker Anchor-Hart

Last Buyer's Agent

Katie Saunders-Arnouts

Five Star Real Estate - Town Square Group Pentwater License #6506048812

Five Star Real Estate - Town Square Group Pentwater

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,167

Year Built

  • Built in 1940

Lot Details

  • 3,127 Sq Ft Lot
  • Lot Dimensions are 432 x 1042
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,167

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 432 x 1042
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3167.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Heat Type:Hot Water: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 155000.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available, Broadband

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 432 x 1042
  • Lot Size Sq Ft: 3127.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3167.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2016
Closed on
Jun 1, 2016
Sold by
Moss William John and Moss Jean Ellen
Bought by
Adams Catherine
Seller's Agent
Rick Quinn
Coldwell Banker Anchor-Hart
Buyer's Agent
Katie Saunders-Arnouts
Five Star Real Estate - Town Square Group Pentwater
List Price
$155,000
Sold Price
$152,000
Premium/Discount to List
-$3,000
-1.94%
Current Estimated Value
$346,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,351
Avg. Annual Appreciation
8.04%
Original Mortgage
$122,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 1997
Sold by
Smith and Moss
Bought by
Smith and Moss

Purchase Details

Closed on
Dec 6, 1996
Sold by
Shepherd and Smith
Bought by
Shepherd and Smith
Source: Public Records

Range of Values:

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Average Value
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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
Adams Catherine $152,000 Oceana Land Title Agency Inc
Smith $83,000 --
Shepherd $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Catherine $150,000
Closed Adams Catherine $122,000
Closed Adams Catherine $15,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2016 06/01/16 Sold $152,000 -1.9% --
05/13/2016 05/13/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $155,000 -- --
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 $3,959 $136,100 $136,100 $0
2024 $2,198 $122,800 $122,800 $0
2023 $3,591 $100,800 $100,800 $0
2022 $4,594 $86,200 $0 $0
2021 $4,471 $90,500 $90,500 $0
2020 $4,442 $83,000 $83,000 $0
2019 $4,345 $83,600 $0 $0
2018 $4,124 $76,400 $0 $0
2017 $4,124 $75,800 $0 $0
2016 -- $80,800 $0 $0
2013 -- $75,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16011986

Southwestern Michigan Association of REALTORS®

APN: 044-686-001-00