NOT LISTED FOR SALE

3201 44th St Hamilton, MI 49419

Estimated Value: $260,094 - $407,000

2 Beds
1 Bath
-- Sq Ft
1.5 Acres

Last Sold May 27, 2016

Last sale price $518,000

Est. 34% decrease in value since last sale

Current estimated payment $2,157/month

27 Days on Market

Highlights

  • 4 Fireplaces
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of May 2016

Investment Opportunity! Four duplexes. 7 units offer 2 bedroom 1 bath. North unit on 44th St offers 3 bedroom 2 bath with walkout lower level family room. 3 out of the 4 duplexes have basements. The duplex at 4395-4397 - 132nd Ave is crawl space. .All with steady tenant occupancy. Owner pays for lawn care and snow removal. Tenant pays for electric and heat. Lot dimensions and duplex sq. ft. approximate and to be verified by buyer. Projected gross income before taxes and expenses is $62,000. One well shared by all.

Last Agent to Sell the Property

Craig Brink

West Edge Real Estate Listed on: 02/09/2016

Last Buyer's Agent

Jim Edewaard

Lakeshore Commercial Real Estate License #6501249802

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,596

Year Built

  • Built in 1976

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 258 x 253

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 16 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Propane
  • Window Unit Heating System
  • Propane
  • Well
  • Septic Tank

Additional Features

  • 4 Fireplaces
  • Mineral Rights Excluded

Community Details

  • 4 Buildings
  • 8 Units

Listing and Financial Details

  • Tenant pays for electric, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,596

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1976
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 258 x 253
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 12596.0
  • General Property Info:Total _pound_ Units: 8
  • General Property Info:Total _pound_ Bldgs: 4.0
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Driveway:Unpaved: Yes
  • Mineral Rights:No: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Crawl Space: Yes
  • Utilities Attached:Propane3: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Substructure Walk-Out Access2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 4
  • Basement: Crawl Space, Full, Walk-Out Access
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 559000.0
  • Number of Buildings: 4
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 16.0
  • General Property Info:Total Parking Spaces: 16.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Electricity Connected, Propane
  • Water Well: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Acres: 1.5
  • Lot Size Area: 1.5
  • Lot Dimensions: 258 x 253
  • Lot Size Sq Ft: 65340.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 8

Tax Info

  • Tax Annual Amount: 12596.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
May 27, 2016
Sold by
S & G Properties Llc
Bought by
Gj Properties Llc
Seller's Agent
Craig Brink
West Edge Real Estate
Buyer's Agent
Jim Edewaard
Lakeshore Commercial Real Estate
List Price
$559,000
Sold Price
$518,000
Premium/Discount to List
-$41,000
-7.33%
Current Estimated Value
$343,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$174,976
Avg. Annual Appreciation
-5.33%
Original Mortgage
$600,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 1998
Sold by
Cross Joe E and Cross Margaret
Bought by
Jomar Properties

Purchase Details

Closed on
Jul 25, 1998
Sold by
Cross Joe E and Cross Margaret
Bought by
Jomar Properties
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
Gj Properties Llc $776,000 Chicago Title
S & G Properties Llc $720,000 Chicago Title
Jomar Properties -- --
Jomar Properties -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner S & G Properties Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $518,000 -7.3% --
03/07/2016 03/07/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $559,000 -- --
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 $3,453 $96,600 $20,200 $76,400
2024 $2,953 $91,500 $17,900 $73,600
2023 $2,953 $88,900 $17,300 $71,600
2022 $2,953 $79,800 $16,000 $63,800
2021 $2,955 $62,200 $4,800 $57,400
2020 $2,955 $62,500 $4,200 $58,300
2019 $0 $61,600 $3,900 $57,700
2018 $0 $59,000 $3,700 $55,300
2017 $0 $59,900 $7,800 $52,100
2016 $0 $79,200 $0 $0
2015 -- $78,150 $7,050 $71,100
2014 -- $67,050 $6,350 $60,700
2013 -- $68,050 $6,350 $61,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Craig Brink

    West Edge Real Estate

  • Jim Edewaard

    Buyer's Agent in 2016

    Jim Edewaard

    Lakeshore Commercial Real Estate

    (616) 396-8649

    36 Total Sales

    Jim Edewaard
    Section Image

  • J

    Buyer's Agent in 2016

    James Edewaard

    Coldwell Banker Woodland Schmidt

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16005149

Southwestern Michigan Association of REALTORS®

APN: 09-009-018-00

Michigan Allegan County Hamilton 49419

3201 44th St, Hamilton, MI

This home is located at 3201 44th St, Hamilton, MI 49419 since 09 February 2016 and is currently estimated at $343,024. This property was built in 1976. 3201 44th St is a home located in Allegan County with nearby schools including Hamilton 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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