NOT LISTED FOR SALE

312 W Telegraph St Dowagiac, MI 49047

Estimated Value: $179,000 - $209,926

-- Bed
3 Baths
-- Sq Ft
5,596 Sq Ft Lot

Last Sold June 04, 2021

Last sale price $135,000

Est. 47% increase in value since last sale

Current estimated payment $1,472/month

43 Days on Market

About This Home

As of June 2021

Great investment opportunity! This 3 unit home has 2 large 1 bedroom second floor units and a 3 bedroom 2 bath unit on the first floor. All three units are currently occupied by long-term tenants. All apartments were freshly painted and carpeted prior to occupancy by current tenants. The roof and siding were replaced in 2020 and 2016 respectively.

Last Agent to Sell the Property

Michael Harris

RE/MAX Lakeshore License #6501389360 Listed on: 03/02/2021

RE/MAX Lakeshore

Last Buyer's Agent

Judy Murray

Cressy & Everett Real Estate License #6501384267

Cressy & Everett Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,603

Year Built

  • Built in 1900

Lot Details

  • 5,596 Sq Ft Lot

Parking

  • 2 Parking Spaces

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,603

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 140000.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer, Cable Connected

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5596.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2603.44
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Jun 4, 2021
Sold by
Barajas Nohemi and Ontiveros Martinez Jorge
Bought by
Patton Steven
Seller's Agent
Michael Harris
RE/MAX Lakeshore
Buyer's Agent
Judy Murray
Cressy & Everett Real Estate
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Current Estimated Value
$198,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,732
Avg. Annual Appreciation
9.55%
Original Mortgage
$101,250
Outstanding Balance
$91,869
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$106,863

Purchase Details

Closed on
Oct 5, 2017
Sold by
Barajas Nohemi
Bought by
Barajas Nohemi and Ontiveros Martinez Jorge

Purchase Details

Closed on
Feb 28, 2006
Sold by
Cox Martha and Cox Leroy
Bought by
Cox Kurtis G and Cox Kenton Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.2%

Purchase Details

Closed on
Feb 23, 2006
Sold by
Cox Kurtis G and Cox Melissa Ann
Bought by
Barajas Nohemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.2%
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 Buyer Sale Price Title Company
Patton Steven $135,000 Premier Lakeshore Title Agcy
Barajas Nohemi -- Attorney
Cox Kurtis G $37,000 Chicago Title
Barajas Nohemi $70,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patton Steven $101,250
Previous Owner Barajas Nohemi $71,000
Previous Owner Barajas Nohemi $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $135,000 -3.6% --
04/14/2021 04/14/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $140,000 -- --
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 $4,686 $95,100 $95,100 $0
2024 $2,268 $94,200 $94,200 $0
2023 $2,085 $79,100 $0 $0
2022 $1,984 $69,900 $0 $0
2021 $2,497 $62,100 $0 $0
2020 $1,164 $53,500 $0 $0
2019 $2,429 $51,400 $0 $0
2018 $1,110 $48,400 $0 $0
2017 $1,088 $48,000 $0 $0
2016 $1,069 $43,000 $0 $0
2015 -- $42,600 $0 $0
2011 -- $34,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Harris

    Seller's Agent in 2021

    Michael Harris

    RE/MAX Michigan

    (269) 369-0352

    1 in this area

    25 Total Sales

    Michael Harris
    Section Image

  • J

    Buyer's Agent in 2021

    Judy Murray

    Cressy & Everett Real Estate

    (630) 280-0077

    22 in this area

    117 Total Sales

    Judy Murray
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21004418

Southwestern Michigan Association of REALTORS®

APN: 14-160-200-141-00

Michigan Cass County Dowagiac 49047

312 W Telegraph St, Dowagiac, MI

This home is located at 312 W Telegraph St, Dowagiac, MI 49047 since 02 March 2021 and is currently estimated at $198,732. This property was built in 1900. 312 W Telegraph St is a home located in Cass County with nearby schools including Justus Gage Elementary School, Dowagiac Middle School, and Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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