NOT LISTED FOR SALE

Estimated Value: $320,437

Studio
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: October 10, 2014

Last sale price $145,000

Est. 121% increase in value since last sale

Current estimated payment $2,112 / mo

138 Days on Market

About This Home

As of October 2014

Cash flowing 6 unit in historic district features 3 one bedroom units and 3 studios. Gross monthly rents total $2390 and tenants pay gas and electric. Close to K College and WMU. Easy to rent, fully occupied, and city certified. New roof, porch and exterior paint.

Last Agent to Sell the Property

Kathy Decker

Lukeman Group LLC License #6502137883 Listed on: 05/04/2014

Last Buyer's Agent

Kathryn Decker

Converse & Associates,Inc., REALTORS

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,045

Year Built

  • Built in 1890

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 41.30 x 165

Parking

  • 7 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Individual Gas Meter
  • Phone Available
  • Cable TV Available

Community Details

  • 6 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,045

Year Built

Built in 1890

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 5+ Units
  • OfficeContract Info:List PriceSqFt2: 50.78
  • General Property Info:Lot Dimensions: 41.30 x 165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 6
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Heat Type:Wall Furnace: Yes
  • Extras:Sep Gas Meter: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 3045.0
  • Remarks Misc: Public Remarks: Cash flowing 6 unit in historic district features 3 one bedroom units and 3 studios. Gross monthly rents total $2390 and tenants pay gas and electric. Close to K College and WMU. Easy to rent, fully occupied, and city certified. New roof, porch and exterior paint.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 149900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 7.0
  • General Property Info:Total Parking Spaces: 7.0

Utilities

  • Heating: Forced Air, Wall Furnace
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 41.30 x 165
  • Lot Size Sq Ft: 6970.0

Rental Info

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

Multi Family

  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 3045.0
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2014
Closed on
Oct 10, 2014
Sold by
Bought by
Seller's Agent
Kathy Decker
Lukeman Group LLC
Buyer's Agent
Kathy Decker
Lukeman Group LLC
List Price
$162,900
Sold Price
$145,000
Premium/Discount to List
-$17,900
-10.99%
Current Estimated Value
$320,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,437
Avg. Annual Appreciation
6.94%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$145,000 Devon Title Company
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/10/2014 10/10/14 Sold $145,000 -11.0% --
09/19/2014 09/19/14 Pending -- -- --
05/04/2014 05/04/14 For Sale $162,900 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,206 $84,900 $0 $0
2025 $1,743 $91,200 $0 $0
2024 $1,692 $86,900 $0 $0
2023 $1,613 $100,400 $0 $0
2022 $3,704 $80,500 $0 $0
2021 $3,583 $71,800 $0 $0
2020 $3,515 $65,900 $0 $0
2019 $3,385 $65,800 $0 $0
2018 $3,307 $61,700 $0 $0
2017 $3,162 $59,100 $0 $0
2016 $3,162 $47,800 $0 $0
2015 $3,162 $47,400 $0 $0
2014 $3,162 $45,500 $0 $0
Source: Public Records

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Map

Source: MichRIC

MLS Number: 14021926

MichRIC

APN: 06-16-344-001

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