NOT LISTED FOR SALE

Estimated Value: $116,000 - $204,000

4 Beds
2 Baths
-- Sq Ft
3,311 Sq Ft Lot

Last Sold May 21, 2024

Last sale price $126,000

Est. 18% increase in value since last sale

Current estimated payment $962/month

91 Days on Market

Highlights

  • 1 Fireplace
  • 5 Car Garage
  • 4-minute walk to S Westnedge Park
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of May 2024

Excellent investment opportunity in the Vine Neighborhood. Low maintenance exterior with aluminum siding and metal roof makes this a rare find for the area. Lower unit has been recently updated and currently rents for $1,250/mo with tenants paying gas and electric. Upper unit rented at $750/mo with tenants paying gas and electric. 3 garage stalls for tenant parking/storage is a nice bonus for potential extra cash flow.

Last Agent to Sell the Property

Adam Atwood

Five Star Real Estate License #6506047769 Listed on: 12/28/2023

Five Star Real Estate

Last Buyer's Agent

Shawn Mandeville

CENTURY 21 Affiliated License #6501419600

CENTURY 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 3,311 Sq Ft Lot
  • Lot Dimensions are 25x132

Home Design

  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Parking

  • 5 Car Garage
  • Unpaved Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1885
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 25x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4035.72
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Michigan Basement: Yes
  • Roofing:Metal: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Driveway:Shared Unpaved: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement, Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 165000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Metal
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: None Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 25x132
  • Lot Size Sq Ft: 3311.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4035.72
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2023
Closed on
May 21, 2024
Sold by
Kozminske David and Matos-Kozminske Aura
Bought by
J Saje Llc
Seller's Agent
Adam Atwood
Five Star Real Estate
Buyer's Agent
Shawn Mandeville
CENTURY 21 Affiliated
List Price
$169,900
Sold Price
$126,000
Premium/Discount to List
-$43,900
-25.84%
Views
42
Current Estimated Value
$149,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,098
Avg. Annual Appreciation
8.34%
Original Mortgage
$143,400
Outstanding Balance
$141,847
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$2,916

Purchase Details

Listed on
Dec 28, 2023
Closed on
May 13, 2024
Sold by
Kozminske David and Kozminske Aura Matos
Bought by
Kozminske David and Kozminske Aura Matos
Seller's Agent
Adam Atwood
Five Star Real Estate
Buyer's Agent
Shawn Mandeville
CENTURY 21 Affiliated
List Price
$169,900
Sold Price
$126,000
Premium/Discount to List
-$43,900
-25.84%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,400
Outstanding Balance
$141,847
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$2,916

Purchase Details

Listed on
Aug 14, 2021
Closed on
Oct 26, 2021
Sold by
Runkel Linda M
Bought by
Kozminske David and Kozminske Aura Mates
Seller's Agent
Bill Zehner
O'Brien Real Estate
Buyer's Agent
Patrick O'Brien
O'Brien Real Estate
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$254,250
Interest Rate
2.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
J Saje Llc $126,000 Chicago Title
Kozminske David -- Chicago Title Of Michigan
Kozminske David $215,000 Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J Saje Llc $143,400
Previous Owner Kozminske David $254,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $126,000 -23.6% --
03/28/2024 03/28/24 Pending -- -- --
02/14/2024 02/14/24 Price Changed $165,000 -2.9% --
12/28/2023 12/28/23 For Sale $169,900 +61.8% --
10/26/2021 10/26/21 Sold $105,000 -4.5% --
08/25/2021 08/25/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $110,000 -- --
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 $1,749 $82,000 $0 $0
2024 $1,749 $74,200 $0 $0
2023 $1,666 $65,100 $0 $0
2022 $4,019 $55,300 $0 $0
2021 $1,862 $50,200 $0 $0
2020 $1,827 $44,600 $0 $0
2019 $1,759 $37,100 $0 $0
2018 $1,719 $32,400 $0 $0
2017 $1,734 $30,500 $0 $0
2016 $1,734 $27,600 $0 $0
2015 $1,734 $27,700 $0 $0
2014 $1,734 $26,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23145766

Southwestern Michigan Association of REALTORS®

APN: 06-22-172-005