NOT LISTED FOR SALE

Estimated Value: $275,816 - $299,000

-- Bed
-- Bath
-- Sq Ft
0.36 Acres

Last Sold June 09, 2017

Last sale price $132,000

Est. 118% increase in value since last sale

Current estimated payment $1,981/month

18 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • Level Lot

About This Home

As of June 2017

solid brick ranch with full basement. duplex units mirror one another.
income potential.
Properties are walking distance to RiverSide Park.
Minutes form Knapps Corner and Downtown GR.

Last Listed By

Cindy Louwsma

JH Realty Partners License #6501377014 Listed on: 05/04/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,552

Year Built

  • Built in 1960

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 106x150x103x150
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,552

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 149999.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.36
  • Lot Size Area: 0.36
  • Lot Size Sq Ft: 15681.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2552.02
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2017
Closed on
Jun 9, 2017
Sold by
Sachen Zachary and The Estate Frank Of Sachen
Bought by
Ak3 Properties Llc
Seller's Agent
Cindy Louwsma
JH Realty Partners
Buyer's Agent
Doug Mol
Five Star Real Estate (Main)
List Price
$160,000
Sold Price
$132,000
Premium/Discount to List
-$28,000
-17.5%
Total Days on Market
18
Current Estimated Value
$288,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,204
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
Apr 30, 2007
Sold by
Kindle Earl R and Kindle Mary Ann
Bought by
Sachen Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.75%
Mortgage Type
Commercial

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
Ak3 Properties Llc $132,000 None Available
Sachen Frank J $130,000 Lighthouse Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ak3 Properties Llc $163,100
Closed Ak3 Properties Llc $113,600
Previous Owner Sachen Frank J $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $132,000 -17.5% --
05/22/2017 05/22/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $160,000 -- --
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
2024 $4,591 $138,000 $0 $0
2023 $4,554 $99,500 $0 $0
2022 $4,328 $93,600 $0 $0
2021 $4,217 $90,100 $0 $0
2020 $4,076 $81,200 $0 $0
2019 $4,121 $78,200 $0 $0
2018 $4,121 $77,800 $0 $0
2017 $2,631 $68,000 $0 $0
2016 $2,644 $56,100 $0 $0
2015 $2,519 $56,100 $0 $0
2013 -- $54,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16040111

Southwestern Michigan Association of REALTORS®

APN: 41-13-12-478-013