NOT LISTED FOR SALE

Estimated Value: $271,000 - $311,000

4 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold September 07, 2017

Last sale price $154,900

Est. 92% increase in value since last sale

Current estimated payment $2,053/month

36 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • Wood Siding

About This Home

As of September 2017

Don't miss this opportunity to scoop up a well-maintained two-unit income property in a prime downtown Holland location. Each unit has 2 bedrooms and 1 bathroom, with laundry on site in the basement. Fully rented, and currently receiving $1,380 in total monthly income. Tenants pay all utilities except waste. 2 parking spaces per unit, main level until gets garage.

Last Agent to Sell the Property

Luke Bouman

@HomeRealty Holland License #6501342055 Listed on: 05/11/2017

Last Buyer's Agent

David Siegers

West Edge Real Estate LLC License #6501378991

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,696

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42x124

Parking

  • 5 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,696

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: 42x124
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 2696.0
  • General Property Info:Total _pound_ Units: 2
  • 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:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 149900.0
  • 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
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2696.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2019
Sold by
Mejia Margaret
Bought by
Thomas Kenneth and Thomas Robin
Current Estimated Value
$296,647

Purchase Details

Listed on
May 11, 2017
Closed on
Sep 7, 2017
Sold by
Overway Michael L and Overway Amy Jo
Bought by
Mejia Margaret
Seller's Agent
Luke Bouman
@HomeRealty Holland
Buyer's Agent
David Siegers
West Edge Real Estate LLC
List Price
$149,900
Sold Price
$154,900
Premium/Discount to List
$5,000
3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$150,253
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 1997
Sold by
Overway Maurice L
Bought by
Overway Michael L

Purchase Details

Closed on
May 19, 1992
Sold by
Overway Maurice L
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
Thomas Kenneth $165,000 Lighthouse Title Inc
Mejia Margaret $154,900 Foundation Title Agency Llc
Overway Michael L $57,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mejia Margaret $150,253
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2017 09/07/17 Sold $154,900 +3.3% --
06/16/2017 06/16/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $149,900 -- --
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 $5,755 $134,500 $0 $0
2024 $5,613 $125,000 $0 $0
2023 $5,391 $109,900 $0 $0
2022 $5,144 $107,200 $0 $0
2021 $5,021 $88,900 $0 $0
2020 $4,968 $82,200 $0 $0
2019 $3,566 $72,700 $0 $0
2018 $3,325 $56,300 $0 $0
2017 $2,696 $56,300 $0 $0
2016 $2,696 $48,800 $0 $0
2015 $2,167 $47,100 $0 $0
2014 $2,167 $38,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17021615

Southwestern Michigan Association of REALTORS®

APN: 70-16-31-203-011