NOT LISTED FOR SALE

Estimated Value: $672,974

Studio
7 Baths
-- Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: August 29, 2013

Last sale price $250,000

Est. 169% increase in value since last sale

Current estimated payment $4,490 / mo

336 Days on Market

Highlights

  • Accessible Ramps
  • Wood Siding
  • 2-minute walk to Foster Park
  • Forced Air Heating System

About This Home

As of August 2013

Herritage Hill 9 unit property in 2 houses. The main house has 7 apartments and the rear house has 2 units. Large wrap around front porch. Basement windows have glass block. Lots of character and original woodwork. Coin op laundry in basement. Furnace in main house is only 5 years old and roof is newer. Most electric is split. House in rear has 1 furnace that is 4 yrs old and one that is older. Fully rented with potential of over $62000 in yearly rents. Close to St. Marys Hospital and colleges.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 08/30/2012

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

Patrick Coffin

Urban Pharm LLC License #6502366822

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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,600

Year Built

  • Built in 1885

Lot Details

  • 8,712

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

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

Additional Features

  • Michigan Basement
  • Accessible Ramps
  • 8,712 Sq Ft Lot

Community Details

  • 2 Buildings

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,600

Year Built

Built in 1885

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Ramped Entrance
  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 259900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: RES

Rental Info

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

Tax Info

  • Tax Annual Amount: 5600.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2017
Sold by
Bought by
Current Estimated Value
$672,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,844
Outstanding Balance
$95,241
Interest Rate
3.83%
Estimated Equity
$577,733

Purchase Details

Listed on
Aug 30, 2012
Closed on
Aug 29, 2013
Sold by
Bought by
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Patrick Coffin
Urban Pharm LLC
List Price
$329,900
Sold Price
$250,000
Premium/Discount to List
-$79,900
-24.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
May 30, 2000
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 1997
Sold by
Bought by

Purchase Details

Closed on
May 19, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 1987
Bought by

Purchase Details

Closed on
Dec 12, 1983
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$119,000 --
$250,000 None Available
-- --
$90,000 --
-- --
$48,000 --
$90,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $116,844
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/29/2013 08/29/13 Sold $250,000 -24.2% --
08/01/2013 08/01/13 Pending -- -- --
08/30/2012 08/30/12 For Sale $329,900 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,497 $529,800 $0 $0
2024 $93 $501,900 $0 $0
2023 $9,177 $455,500 $0 $0
2022 $8,722 $396,900 $0 $0
2021 $8,498 $335,000 $0 $0
2020 $8,214 $297,000 $0 $0
2019 $8,410 $258,800 $0 $0
2018 $8,153 $237,500 $0 $0
2017 $7,953 $179,600 $0 $0
2016 $7,992 $159,400 $0 $0
2015 $7,615 $159,400 $0 $0
2013 -- $142,500 $0 $0
Source: Public Records

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Map

Source: MichRIC

MLS Number: 12047369

MichRIC

APN: 41-14-30-377-002

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