$52,000
SOLD DEC 5, 2018

303 S Rowland St Cassopolis, MI 49031

-- Bed
-- Bath
-- Sq Ft
0.26 Acres

Recently Sold

19% Below List Price

138 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Level Lot

About This Home

As of July 2024

GREAT INVESTMENT OPPORTUNITY!! Duplex. Unit 1- 1 bedroom, 1 bath, updated laminate hardwood floors, newer carpet, nice 3 season porch, nice and bright! Currently rented.
Unit 2- 1 bedroom, 1 bath, updated laminate hardwood floors, newer carpet, some new windows, large kitchen and living area. Large walk in closet in upstairs bedroom. Nice and bright!

Updates include: Newer carpet, new hardwood laminate flooring, new furnace, some newer windows, new refrigerator.

Last Agent to Sell the Property

Dennis Bamber

Cressy & Everett Real Estate License #6501392410 Listed on: 06/06/2018

Cressy & Everett Real Estate

Co-Listed By

Michelle Owens

Cressy & Everett Real Estate License #6501391813

Last Buyer's Agent

Wendy Grover

Cressy & Everett Real Estate

Cressy & Everett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $573

Year Built

  • Built in 1930

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 140x81
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Partial Basement

Parking

  • 2 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$573

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 140x81
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 573.28
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 57500.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer, Broadband

Association/Amenities

  • Assoc Amenities:Pets Allowed2: Yes

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11340.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 573.28
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Jul 18, 2024
Sold by
Lee William G
Bought by
Kepler Max
Seller's Agent
TARAH SHETERON
Cressy & Everett Real Estate
Buyer's Agent
Robert Zegar
Michigan Top Producers
List Price
$165,000
Sold Price
$158,500
Premium/Discount to List
-$6,500
-3.94%
Views
35
Current Estimated Value
$175,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,352
Avg. Annual Appreciation
12.51%
Original Mortgage
$150,575
Outstanding Balance
$148,897
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$33,465

Purchase Details

Listed on
Jun 6, 2018
Closed on
Dec 4, 2018
Sold by
Kopraski Mark K
Bought by
Lee William G
Seller's Agent
Dennis Bamber
Cressy & Everett Real Estate
Buyer's Agent
Wendy Grover
Cressy & Everett Real Estate
List Price
$64,200
Sold Price
$52,000
Premium/Discount to List
-$12,200
-19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.93%
Original Mortgage
$51,058
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Kopraski Mark K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.86%

Purchase Details

Closed on
Jul 2, 2008
Sold by
Kraus Nicholas and Kraus Lisa
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust 2

Purchase Details

Closed on
Jan 12, 2006
Sold by
Mather Elsie M
Bought by
Kraus Nicholas and Kraus Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
9.85%
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 Type Sale Price Title Company
Warranty Deed $158,500 Chicago Title
Warranty Deed $52,000 Meridian Title Corp
Warranty Deed $13,500 None Available
Warranty Deed $27,780 None Available
Warranty Deed $70,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,575 New Conventional
Previous Owner $51,058 FHA
Previous Owner $25,000 No Value Available
Previous Owner $66,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $158,500 -3.9% --
07/12/2024 07/12/24 Pending -- -- --
05/25/2024 05/25/24 For Sale $165,000 +217.3% --
12/05/2018 12/05/18 Sold $52,000 -19.0% --
10/22/2018 10/22/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $64,200 -- --
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 $730 $54,700 $54,700 $0
2024 $805 $52,900 $52,900 $0
2023 $299 $48,300 $0 $0
2022 $730 $39,500 $0 $0
2021 $1,071 $33,100 $0 $0
2020 $1,059 $25,800 $0 $0
2019 $1,484 $25,000 $0 $0
2018 $228 $26,600 $0 $0
2017 $573 $27,600 $0 $0
2016 $568 $22,400 $0 $0
2015 -- $20,500 $0 $0
2011 -- $11,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17057077

Southwestern Michigan Association of REALTORS®

APN: 14-041-114-001-00