NOT LISTED FOR SALE

Estimated Value: $173,000 - $212,000

3 Beds
3 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold January 21, 2022

Last sale price $134,900

Est. 40% increase in value since last sale

Current estimated payment $1,175/month

2 Days on Market

About This Home

As of January 2022

Solid 3 unit income property located in the desirable Millwood Neighborhood. Units are small 1 bedrooms with 1 bath. Owner pays all utilities. City certified through 3/30/2024. Stainless appliances in unit #1 and stove in #3 within the past year. Plenty of off street parking.

Last Agent to Sell the Property

Joe Lukeman

Lukeman Group LLC License #6501349281 Listed on: 12/27/2021

Last Buyer's Agent

Will Howson

Coldwell Banker Realty License #6501387256

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 5 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $1,985

Listing and Financial Details

  • The owner pays for trash collection, electricity, water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1912
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3673.6
  • Tax Info:Zoning3: RM-15
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • 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
  • Sewer:Public: Yes
  • Water:Public2: 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 134900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 50x120
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: RM-15
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Gross Income: 1985.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3673.6
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Jan 20, 2022
Sold by
Anderson and Stacy
Bought by
First Rentals Llc
Seller's Agent
Joe Lukeman
Lukeman Group LLC
Buyer's Agent
Will Howson
Coldwell Banker Realty
List Price
$134,900
Sold Price
$134,900
Current Estimated Value
$188,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,682
Avg. Annual Appreciation
9.41%
Original Mortgage
$94,500
Outstanding Balance
$52,536
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$134,805

Purchase Details

Closed on
Jun 7, 2019
Sold by
Smith Levarn
Bought by
Anderson Christopher and Anderson Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
Hoopingarner Kem D and Hoopingarner Robert J
Bought by
Smith Levarn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,776
Interest Rate
6.02%
Mortgage Type
FHA
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
First Rentals Llc $134,900 Devon Title Agency
Anderson Christopher $116,000 None Available
Smith Levarn $90,500 Metro
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regis Enterprise Llc $94,500
Previous Owner Anderson Christopher $87,000
Previous Owner Smith Levarn $73,722
Previous Owner Smith Levarn $89,776
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $134,900 0.0% --
12/29/2021 12/29/21 Pending -- -- --
12/27/2021 12/27/21 For Sale $134,900 -- --
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 $2,042 $82,200 $0 $0
2024 $2,042 $77,800 $0 $0
2023 $1,946 $67,800 $0 $0
2022 $3,798 $60,400 $0 $0
2021 $3,674 $57,200 $0 $0
2020 $3,604 $52,400 $0 $0
2019 $2,506 $45,900 $0 $0
2018 $2,966 $42,800 $0 $0
2017 $2,578 $40,400 $0 $0
2016 $2,578 $39,200 $0 $0
2015 $2,578 $38,000 $0 $0
2014 $2,578 $37,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21119188

Southwestern Michigan Association of REALTORS®

APN: 06-26-474-010