NOT LISTED FOR SALE

2800 Chapel Rd Unit 2802 Chapel Rd Parma, MI 49269

Estimated Value: $147,000 - $200,410

-- Bed
-- Bath
1,632 Sq Ft
$106/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $40,000 $25 Per Sq Ft

Est. 332% increase in value since last sale

Current estimated payment $1,203/month

190 Days on Market

About This Home

As of June 2014

Ranch style duplex in Western Schools. Each unit on its own utility meter and each offers 2 bedrooms, 1 bath, kitchen appliances, laundry hookups, and more. One unit has a two car attached garage. One unit has a two car attached carport. Home has newer roof, windows, doors, kitchen and bath remodels, plumbing, paint, and floor coverings. Large shed in back of property offering additional storage. A great location to begin or expand your rental business, contact listing agent for your private tour.

Last Listed By

Doug Beiswanger

Coldwell Banker Beiswanger Realty Group License #6502425012 Listed on: 11/18/2013

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1975

Lot Details

  • 0.41

Additional Features

  • Crawl Space
  • 0.41 Acre Lot
  • Well

Listing and Financial Details

  • Tenant pays for electricity, water

Community Details

Overview

  • Kings Chapel Subdivision

Building Details

  • Operating Expense $4,200
  • Net Operating Income $21,000

Property Details

Home Type

Apartment

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 49800.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.41
  • Lot Size Area: 0.41
  • Lot Size Sq Ft: 17859.6

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Net Operating Income: 21000.0
  • Operating Expense: 4200.0

Tax Info

  • Tax Annual Amount: 2418.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2017
Sold by
Poole Steve D
Bought by
Burkhart Stephen J and Burkhart Sharon K
Total Days on Market
190
Current Estimated Value
$172,603

Purchase Details

Listed on
Nov 18, 2013
Closed on
Jun 3, 2014
Sold by
Korotney Jo Ann
Bought by
Poole Steve D
Seller's Agent
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
Buyer's Agent
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%

Purchase Details

Closed on
Mar 25, 2004
Sold by
Korotney Jo Ann and Korotney Joann
Bought by
Korotney Jo Ann and Jo Ann Korotney Trust

Purchase Details

Closed on
Dec 1, 1991
Bought by
Korotney

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
Burkhart Stephen J $65,000 None Available
Poole Steve D $40,000 Midstate Title Agency Of Sou
Korotney Jo Ann -- --
Korotney $46,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2014 06/26/14 Sold $40,000 -- $25 / 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
2024 $2,951 $93,700 $0 $0
2023 $2,890 $86,200 $0 $0
2022 $3,696 $82,200 $0 $0
2021 $3,612 $77,850 $0 $0
2020 $3,567 $69,920 $0 $0
2019 $3,426 $66,740 $0 $0
2018 $3,392 $60,000 $10,840 $49,160
2017 $2,969 $57,960 $0 $0
2016 $2,239 $57,840 $57,840 $0
2015 $47,711 $53,080 $53,080 $0
2014 $47,711 $50,100 $50,100 $0
2013 -- $50,100 $50,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21032757

Southwestern Michigan Association of REALTORS®

APN: 135-12-08-476-011-00