Seller's Agent in 2024
TARAH SHETERON
Cressy & Everett Real Estate
(269) 876-9276
144 Total Sales
303 S Rowland St Cassopolis, MI 49031
--
Bed
--
Bath
--
Sq Ft
8,712
Sq Ft Lot
Highlights
- 1 Fireplace
- Laundry Facilities
- Level Lot
- Forced Air Heating System
- High Speed Internet
About This Home
As of July 2024Nestled just a stone's throw away from the pulse of downtown Cassopolis and a mere block from the newly renovated beach area, this multi-unit property presents an unparalleled opportunity for savvy investors or those seeking a blend of residence and income potential. Boasting two separate units, this property offers flexibility and versatility. You can either enjoy the convenience of living in one unit while effortlessly generating rental income from the other, or capitalize on the full rental potential of both units for a lucrative investment venture. Many updates in both units with newer kitchens, bathrooms, flooring and more. With the allure of the recently revitalized beach area beckoning, leisurely weekends are ahead.
Last Agent to Sell the Property
Cressy & Everett Real Estate License #6501334297 Listed on: 05/25/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $681
Year Built
- Built in 1930
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 131 x 61
- Level Lot
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1 Fireplace
- Partial Basement
Parking
- 2 Parking Spaces
- Unpaved Driveway
- Unpaved Parking
Schools
- Cassopolis High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- High Speed Internet
Listing and Financial Details
- Tenant pays for electric, gas
- The owner pays for water, sewer
Community Details
Overview
- Property has a Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Pet Policy
- Pets Allowed
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
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
TARAH SHETERON
-
Robert Zegar
R
Buyer's Agent in 2024
Robert Zegar
Michigan Top Producers
(269) 350-3644
107 Total Sales
-
Dennis Bamber
Seller's Agent in 2018
Dennis Bamber
Cressy & Everett Real Estate
(574) 532-3808
187 Total Sales
-
Michelle Owens
Seller Co-Listing Agent in 2018
Michelle Owens
Cressy & Everett Real Estate
(574) 532-3808
64 Total Sales
-
W
Buyer's Agent in 2018
Wendy Grover
Cressy & Everett Real Estate
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24026239
APN: 14-041-114-001-00
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