NOT LISTED FOR SALE

315 Chatham St Lowell, MI 49331

Estimated Value: $275,000 - $294,000

3 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold July 07, 2014

Last sale price $55,000

Est. 418% increase in value since last sale

Current estimated payment $1,715/month

70 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 1-minute walk to Richards Park
  • Cherry Creek Elementary School Rated A-

About This Home

As of July 2014

this is a duplex that has had 2 families living in it up until last summer. Each unit has 2 bedrooms and 1 bath, kitchen and living room. It says on the tax records that it is a 3 unit. The 3rd unit has not been completed and still needs some work. The existing 2 units are in good shape. Both furnaces were inspected and work well. Each unit is on separate utilities.

Last Agent to Sell the Property

Robert Snowden

Charter Properties Listed on: 04/22/2014

Last Buyer's Agent

Joanna Schlientz

Assist 2 Sell Buyers & Sellers License #6501365810

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water

Property Details

Home Type

Apartment

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

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 59900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Utilities

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 2091.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2014
Closed on
Jul 3, 2014
Sold by
Firstmerit Corporation
Bought by
Schlientz Joanna
Seller's Agent
Robert Snowden
Charter Properties
Buyer's Agent
Joanna Schlientz
Assist 2 Sell Buyers & Sellers
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Current Estimated Value
$284,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,794
Avg. Annual Appreciation
15.49%

Purchase Details

Closed on
Oct 31, 2012
Sold by
Cwynr Joseph A and Mcbryde Patricia A
Bought by
Citizens Bank

Purchase Details

Closed on
Apr 17, 2003
Sold by
Olive W Courser Trust and Beniche Lori Courser
Bought by
Cwynar Joseph A and Mcbryde Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schlientz Joanna $55,000 Chicago Title
Citizens Bank $40,000 None Available
Cwynar Joseph A $210,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cwynar Joseph A $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2014 07/07/14 Sold $55,000 -8.2% --
07/01/2014 07/01/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $59,900 -- --
Source: MichRIC

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 $2,580 $122,100 $0 $0
2024 $2,580 $110,400 $0 $0
2023 $3,261 $97,200 $0 $0
2022 $3,118 $78,600 $0 $0
2021 $3,043 $72,900 $0 $0
2020 $2,241 $63,600 $0 $0
2019 $2,982 $58,200 $0 $0
2018 $2,917 $46,000 $0 $0
2017 $2,860 $47,500 $0 $0
2016 $2,907 $60,700 $0 $0
2015 -- $60,700 $0 $0
2013 -- $45,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robert Snowden

    Charter Properties

    (616) 299-8455

    8 Total Sales

    Robert Snowden
    Section Image
  • Joanna Schlientz

    Buyer's Agent in 2014

    Joanna Schlientz

    Assist 2 Sell Buyers & Sellers

    (616) 437-6687

    2 in this area

    23 Total Sales

    Joanna Schlientz
    Section Image
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Map

Source: MichRIC

MLS Number: 14019593

MichRIC

APN: 41-20-02-338-002

Michigan Kent County Lowell 49331

315 Chatham St, Lowell, MI

Not Listed for Sale

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