NOT LISTED FOR SALE

Estimated Value: $464,672

-- Bed
-- Bath
-- Sq Ft
0.33 Acres

Last Sold January 09, 2015

Last sale price $460,000

Est. 1% increase in value since last sale

Current estimated payment $2,967/month

120 Days on Market

About This Home

As of January 2015

Beautifully maintained complex in a quiet neighborhood. 3255 & 3261 Woodward SW are a package deal. 6 two bedroom units in each building. Twelve total units. Each unit has 2 bedrooms, 1 bath, kitchen with eating area, living room and either a deck or patio. Front and back entrances. 9 parking spaces per building. 11 of the units have owner owned wall A/C, the 12th A/C unit is tenant owned. 3261 has all new vinyl windows and sliders. Split electric. Averages $600/M per unit.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 08/06/2014

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

Nick Hibma

Conway Residential Group - I License #6502418126

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,233

Year Built

  • Built in 1966

Lot Details

  • 0.33

Parking

  • 18 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • 2 Buildings

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,233

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Brick
  • List Price: 480000.0
  • Lot Features: Wooded
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 18.0

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Zoning Description: R4

Rental Info

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

Tax Info

  • Tax Annual Amount: 4233.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2017
Sold by
3255 3261 Woodward Llc
Bought by
2Js Enterprise Llc
Current Estimated Value
$464,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$169,560
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$287,765

Purchase Details

Listed on
Aug 6, 2014
Closed on
Jan 9, 2015
Sold by
Ja Mar Enterprises Llc
Bought by
325 Woodward Llc
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Nick Hibma
Conway Residential Group - I
List Price
$480,000
Sold Price
$460,000
Premium/Discount to List
-$20,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.05%

Purchase Details

Listed on
Aug 6, 2014
Closed on
Dec 3, 2014
Sold by
Lihan Martin and Bailey James E
Bought by
Ja Mar Enterprises Llc
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Nick Hibma
Conway Residential Group - I
List Price
$480,000
Sold Price
$460,000
Premium/Discount to List
-$20,000
-4.17%

Purchase Details

Closed on
Nov 6, 2003
Sold by
Denbraber Donald G and Denbraber Bettina M
Bought by
Bailey James E and Lihan Martin S

Purchase Details

Closed on
Dec 1, 1995
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
2Js Enterprise Llc -- None Available
325 Woodward Llc -- None Available
Ja Mar Enterprises Llc -- None Available
Bailey James E $182,500 --
-- $182,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2Js Enterprise Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2015 01/09/15 Sold $460,000 -4.2% --
12/04/2014 12/04/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $480,000 -- --
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 $5,444 $216,400 $0 $0
2024 $5,444 $186,500 $0 $0
2023 $6,919 $184,000 $0 $0
2022 $6,499 $178,200 $0 $0
2021 $6,328 $156,400 $0 $0
2020 $4,655 $112,100 $0 $0
2019 $6,143 $112,600 $0 $0
2018 $6,019 $103,300 $0 $0
2017 $5,489 $93,700 $0 $0
2016 $5,339 $77,500 $0 $0
2015 $4,209 $77,500 $0 $0
2013 -- $84,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14045684

Southwestern Michigan Association of REALTORS®

APN: 41-17-13-303-042