Seller's Agent in 2022
Traci Gresham
Five Star Real Estate-Holland
(616) 268-9900
8 in this area
85 Total Sales
287 S 3rd Ave Unit 1-6 Fruitport Charter Township, MI 49415
Estimated Value: $2,055,967
--
Bed
3
Baths
--
Sq Ft
1.67
Acres
Highlights
- Private Waterfront
- Community Lake
- Corner Lot: Yes
- Property fronts a channel
- 1 Fireplace
- Window Unit Cooling System
About This Home
As of March 2022Here's your chance to own and invest in an established income property with 100 ft of Spring Lake frontage! Proposed split, located in close proximity to Pomona Park and just a short stroll away from Village restaurants, this investment property is booming with even further potential. Currently used as long-term rentals; however short-term rentals are permitted, consider converting to condos, or develop the 100 ft of water frontage to suit your vision! This property is the perfect opportunity for the creative investor. Call for details.
Last Agent to Sell the Property
Five Star Real Estate-Holland License #6506048298 Listed on: 06/18/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $41,872
Year Built
- Built in 1970
Lot Details
- 1.67 Acre Lot
- Lot Dimensions are 288x206.5x318
- Property fronts a channel
- Private Waterfront
- 100 Feet of Waterfront
- Corner Lot: Yes
Home Design
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 1 Fireplace
- Water Views
Parking
- 12 Parking Spaces
- Driveway
Outdoor Features
- Water Access
- No Wake Zone
Utilities
- Window Unit Cooling System
- Radiant Heating System
- Window Unit Heating System
- Septic System
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- 6 Units
- Community Lake
Listing and Financial Details
- Tenant pays for electric
- The owner pays for trash collection, water, sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2021
Closed on
Mar 11, 2022
Sold by
Brewster George P and Brewster Mary M
Bought by
Vrgetaways Llc
Seller's Agent
Traci Gresham
Five Star Real Estate-Holland
Buyer's Agent
Rachael Fountain
Five Star Real Estate (M6)
List Price
$999,000
Sold Price
$1,585,000
Premium/Discount to List
$586,000
58.66%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,967
Avg. Annual Appreciation
7.49%
Original Mortgage
$1,181,250
Outstanding Balance
$1,098,966
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$957,001
Purchase Details
Closed on
Jun 22, 2020
Sold by
Brewster George P and Brewster Mary M
Bought by
Brewster George P and Brewster Mary M
Purchase Details
Closed on
Jul 7, 2008
Sold by
George & Margaret Brewster Co Llc
Bought by
Brewster George P and Brewster Mary M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vrgetaways Llc | -- | First American Title | |
| Vrgetaways Llc | -- | First American Title | |
| Brewster George P | -- | None Available | |
| Brewster George P | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vrgetaways Llc | $1,181,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/11/2022 03/11/22 | Sold | $1,585,000 | +58.7% | -- |
| 01/18/2022 01/18/22 | Pending | -- | -- | -- |
| 06/18/2021 06/18/21 | For Sale | $999,000 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $41,872 | $734,000 | $0 | $0 |
| 2024 | $34,779 | $716,900 | $0 | $0 |
| 2023 | $33,022 | $678,500 | $0 | $0 |
| 2022 | $11,704 | $615,200 | $0 | $0 |
| 2021 | $10,974 | $526,700 | $0 | $0 |
| 2020 | $10,930 | $503,200 | $0 | $0 |
| 2019 | $10,644 | $497,500 | $0 | $0 |
| 2018 | $10,083 | $477,000 | $0 | $0 |
| 2017 | $9,875 | $477,200 | $0 | $0 |
| 2016 | $7,391 | $516,800 | $0 | $0 |
| 2015 | -- | $507,900 | $0 | $0 |
| 2014 | -- | $510,500 | $0 | $0 |
| 2013 | -- | $385,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Traci Gresham
-
Megan Sharp
Seller Co-Listing Agent in 2022
Megan Sharp
Five Star Real Estate
(616) 414-4664
4 in this area
120 Total Sales
-
Rachael Fountain
Buyer's Agent in 2022
Rachael Fountain
Five Star Real Estate (M6)
(616) 881-9668
2 in this area
84 Total Sales
-
Steve Volkers
Buyer Co-Listing Agent in 2022
Steve Volkers
Five Star Real Estate (M6)
(616) 717-2179
2 in this area
179 Total Sales
-
S
Buyer Co-Listing Agent in 2022
Steven Volkers
SVG Real Estate Firm - I
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 21023337
APN: 41-400-000-0001-00
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Information is deemed reliable but not guaranteed.
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