$185,000
SOLD AUG 22, 2025

328 Penn Dr Coldwater, MI 49036

-- Bed
-- Bath
-- Sq Ft
0.43 Acres

Recently Sold

12% Below List Price

25 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of August 2025

INVESTMENT OPPORTUNITY. Great single-story duplex located in a quiet neighborhood, close to shopping and downtown. Each unit has 2 bedrooms, 1-bathroom, open concept, washer and dryer hook-up and an attached garage. Perfect opportunity to live in one side and rent the other side out and help pay the mortgage. Large front and back yard with mature trees and nice landscaping. Apartment B has just been painted and professionally cleaned, ready to move in.

Last Agent to Sell the Property

Anette Booth

Hauska Home and Farm License #6501385260 Listed on: 07/22/2025

Last Buyer's Agent

Anette Booth

Hauska Home and Farm License #6501385260 Listed on: 07/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,476

Year Built

  • Built in 1975

Lot Details

  • 0.43 Acre Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 6 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, trash, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,476

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1975
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Substructure:Slab: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Slab
  • Basement: No
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 199000.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, In Unit, Main Level, Washer Hookup
  • Sewer: Septic Tank
  • Utilities: Cable Available, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 18731.0

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3475.81
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Sep 12, 2021
Sold by
328 Penn Llc
Bought by
Elkins Gaytha M
Seller's Agent
Rose Thornton
First Choice Real Estate Associates
Buyer's Agent
Anette Booth
Hauska Home and Farm
List Price
$125,000
Sold Price
$141,500
Premium/Discount to List
$16,500
13.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%

Purchase Details

Listed on
Apr 3, 2017
Closed on
May 5, 2017
Sold by
Fallon Holdings Llc
Bought by
328 Penn Llc
Seller's Agent
Dan Weaver
First Choice Real Estate Associates
Buyer's Agent
Dan Weaver
First Choice Real Estate Associates
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%
Original Mortgage
$56,250
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2011
Sold by
Fallon Harry C and Fallon Nina P
Bought by
Fallon Holdings Llc
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 Type Sale Price Title Company
Warranty Deed $141,500 None Available
Warranty Deed $75,000 Attorney
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $56,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $185,000 -7.0% --
08/16/2025 08/16/25 Pending -- -- --
07/09/2025 07/09/25 Price Changed $199,000 -5.2% --
07/04/2025 07/04/25 For Sale $210,000 +48.4% --
09/10/2021 09/10/21 Sold $141,500 +13.2% --
08/21/2021 08/21/21 For Sale $125,000 +66.7% --
05/05/2017 05/05/17 Sold $75,000 -16.6% --
04/03/2017 04/03/17 For Sale $89,900 -- --
04/01/2017 04/01/17 Pending -- -- --
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 $3,476 $82,700 $0 $0
2024 $831 $77,700 $0 $0
2023 $783 $73,300 $0 $0
2022 $3,287 $72,400 $0 $0
2021 $2,423 $69,000 $0 $0
2020 -- $56,500 $0 $0
2019 -- $60,400 $0 $0
2018 -- $41,800 $0 $0
2017 -- $40,700 $0 $0
2016 -- $42,500 $0 $0
2015 -- $39,500 $0 $0
2014 -- $31,600 $0 $0
2013 -- $38,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25032674

Southwestern Michigan Association of REALTORS®

APN: 070-024-300-025-00