NOT LISTED FOR SALE

301 N Hilton Park Rd Muskegon, MI 49442

Estimated Value: $249,000 - $441,000

-- Bed
3 Baths
2,600 Sq Ft
$124/Sq Ft Est. Value

Last Sold May 27, 2015

Last sale price $95,000 $37 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $2,110/month

58 Days on Market

Highlights

  • Water Access
  • Wooded Lot
  • Level Lot
  • 3.64 Acre Lot
  • Forced Air Heating System

About This Home

As of May 2015

Profitable 3 unit in Oakridge school district with solid rental history and monthly income of $1300. Main unit has 1200 sq ft and 2 bedrooms. The other 2 units are each 1 bedroom with 760 sq ft. Furnaces are newer, roofs are 4 and 5 years old. All 3 units are rented and are on 3.64 acres just 1/4 mile from Wolf Lake public access. All units have semi private back yards. You can live in one unit and rent the other two to make your mortgage payment!

Last Agent to Sell the Property

Marilyn Tucker

Nexes Realty Muskegon Listed on: 03/02/2015

Co-Listed By

Karyn Benner

Nexes Realty Muskegon

Last Buyer's Agent

Marilyn Tucker

Nexes Realty Muskegon Listed on: 03/02/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,339

Year Built

  • Built in 1940

Lot Details

  • 3.64 Acre Lot
  • Lot Dimensions are 337 x 220 x 339 x 394
  • Level Lot
  • Wooded Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Parking

  • 7 Parking Spaces
  • Unpaved Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Well
  • Septic System
  • Phone Connected
  • Cable TV Available

Additional Features

  • Crawl Space
  • Water Access

Community Details

  • 3 Units
  • Insurance Expense $1,300

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,339

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 337 x 220 x 339 x 394
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 2339.0
  • Waterfront Options:Water Access YN: Yes
  • General Property Info:Total _pound_ Units: 3
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 109900.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Roof: Composition
  • Topography: {"Level":true}
  • Water Body Name: Wolf Lake
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Connected, Telephone Line, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Public Access 1 Mile or Less: Yes

Lot Info

  • Lot Size Acres: 3.64
  • Lot Size Area: 3.64
  • Lot Size Sq Ft: 158558.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 1300.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2339.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2015
Closed on
May 26, 2015
Sold by
Boeve Timothy L and Boeve Karen S
Bought by
Piccard Paul and Piccard Julie
Seller's Agent
Marilyn Tucker
Nexes Realty Muskegon
Buyer's Agent
Marilyn Tucker
Nexes Realty Muskegon
List Price
$109,900
Sold Price
$95,000
Premium/Discount to List
-$14,900
-13.56%
Current Estimated Value
$321,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,589
Avg. Annual Appreciation
12.35%

Purchase Details

Closed on
Jun 4, 2003
Sold by
Boeve Timothy L and Boeve Karen S
Bought by
Plumboff Brian J and Plumhoff Stacey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.88%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Piccard Paul $95,000 Attorney
Plumboff Brian J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boeve Timothy L $75,339
Previous Owner Plumboff Brian J $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2015 05/27/15 Sold $95,000 -13.6% $37 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $109,900 -- $42 / 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
2025 $4,327 $137,100 $0 $0
2024 $938 $129,000 $0 $0
2023 $897 $111,500 $0 $0
2022 $3,941 $96,300 $0 $0
2021 $3,831 $89,000 $0 $0
2020 $3,789 $84,500 $0 $0
2019 $3,637 $74,900 $0 $0
2018 $3,551 $69,800 $0 $0
2017 $3,478 $69,300 $0 $0
2016 $764 $64,700 $0 $0
2015 -- $58,900 $0 $0
2014 -- $58,600 $0 $0
2013 -- $54,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15008267

Southwestern Michigan Association of REALTORS®

APN: 11-016-200-0016-00