NOT LISTED FOR SALE

Estimated Value: $159,000 - $184,707

-- Bed
-- Bath
-- Sq Ft
6,425 Sq Ft Lot

Last Sold March 31, 2015

Last sale price $79,900

Est. 114% increase in value since last sale

Current estimated payment $978/month

7 Days on Market

About This Home

As of March 2015

INVESTOR ALERT! Don't pass this rare 2 family opportunity by! This 2 family home has views of Lake Macatawa and is located by the fire department and is a short walk to Kollen Park. This is a turn key investment with $875 in rents coming in a month. This 2 family home is fully rented with tenants! This makes this an instant cash flow opportunity. The homes' major updates include a newer roof, newer vinyl siding, newer enclosed covered staircase to the upstairs, recently added a new door in the back storage area. Other features include separate furnaces for each unit, huge parking area, large kitchen and bedrooms. The home has just passed the city rental inspection and has a 3 year rental certificate on file! This could be an owner occupied opportunity where the renters pay your mortgage! Call today for a personal tour!

Last Agent to Sell the Property

Todd Walters

@HomeRealty Holland License #6506046528 Listed on: 01/27/2015

Last Buyer's Agent

Todd Walters

@HomeRealty Holland License #6506046528 Listed on: 01/27/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,948

Year Built

  • Built in 1890

Lot Details

  • 6,425 Sq Ft Lot
  • Lot Dimensions are 50x128.5

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,948

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 50x128.5
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1948.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Crawl Space: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Crawl Space

Exterior Features

  • List Price: 79900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Wall Furnace, Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6425.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1948.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2015
Closed on
Mar 31, 2015
Sold by
Stellar Family Properties Llc
Bought by
Venturdyne Ltd
Seller's Agent
Todd Walters
@HomeRealty Holland
Buyer's Agent
Todd Walters
@HomeRealty Holland
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$170,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,094
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Glass Wesley and Glass Necia
Bought by
Stellar Family Properties Llc

Purchase Details

Closed on
Nov 1, 2004
Sold by
Star Properties
Bought by
Stellar Famility Properties Llc

Purchase Details

Closed on
Apr 19, 1996
Sold by
Glass Wesley and Glass Necia
Bought by
Star Properties Of Holland

Purchase Details

Closed on
Jan 27, 1973
Sold by
Glass Wesley
Source: Public Records

Range of Values:

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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
Venturdyne Ltd $79,900 Sun Title Agency Ahr Llc
Stellar Family Properties Llc $47,000 Lighthouse Title Inc
Stellar Famility Properties Llc -- --
Star Properties Of Holland -- --
Star Properties -- --
-- $12,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $79,900 0.0% --
02/03/2015 02/03/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $79,900 -- --
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 $399 $18,800 $0 $0
2024 $399 $18,800 $0 $0
2023 $748 $16,100 $0 $0
2022 $356 $15,500 $0 $0
2021 $346 $15,700 $0 $0
2020 $344 $7,100 $0 $0
2019 $342 $6,400 $0 $0
2018 $326 $5,800 $0 $0
2017 $317 $5,800 $0 $0
2016 $317 $5,300 $0 $0
2015 $1,947 $26,200 $0 $0
2014 $1,947 $21,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15003363

Southwestern Michigan Association of REALTORS®

APN: 70-16-30-452-005