NOT LISTED FOR SALE

329 N Broadway St Cassopolis, MI 49031

Estimated Value: $182,554 - $215,000

4 Beds
4 Baths
-- Sq Ft
2.21 Acres

Last Sold December 17, 2018

Last sale price $74,000

Est. 174% increase in value since last sale

Current estimated payment $1,213/month

13 Days on Market

About This Home

As of December 2018

GREAT INVESTMENT OPPORTUNITY! Or live in one and rent out the others to make your payment! Either way, this is worth a look. 4 Units and all are currently rented for $1350.00 per month total income. Three 1 bedroom, 1 bath apartments and 1 studio. All renters have been there for multiple years and seller has leases and pay history for all. Across the street from Clisbee Park and has over 2 acres that butts up to Don Horne Park. Off street parking for 4-6 cars plus storage shed. Seller has upgraded with new roof, appliances and some mechanicals. Tenants pay own utilities. Call today, this is opportunity knocking!

Last Agent to Sell the Property

Suseland and Suseland Team

Cressy & Everett Real Estate License #6501291641 Listed on: 11/12/2018

Last Buyer's Agent

Krista Corey

Cressy & Everett Real Estate License #6501402109

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 2.21

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • Michigan Basement
  • 2.21 Acre Lot

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 79000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

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

Lot Info

  • Lot Size Acres: 2.21
  • Lot Size Area: 2.21
  • Lot Size Sq Ft: 96267.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2115.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
Dec 10, 2018
Sold by
Declarat Johnson Jeffrey Allen and Declarat Jeffrey Allen Johnson
Bought by
Shinabery Michael and Shinabery Leland K
Seller's Agent
Suseland and Suseland Team
Cressy & Everett Real Estate
Buyer's Agent
Krista Corey
Cressy & Everett Real Estate
List Price
$79,000
Sold Price
$74,000
Premium/Discount to List
-$5,000
-6.33%
Current Estimated Value
$202,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,889
Avg. Annual Appreciation
14.88%

Purchase Details

Closed on
May 22, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
The Bank Of New York and Certificateholders Cwalt Inc Asset Backe

Purchase Details

Closed on
Apr 16, 2008
Sold by
Mondol Paul S and Mondol Hena
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Oct 1, 2004
Sold by
Mather Elsie
Bought by
Mondol Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
5.93%
Mortgage Type
New Conventional
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
Shinabery Michael $74,000 Meridian Title Corp
The Bank Of New York -- None Available
Mortgage Electronic Registration Systems $34,000 None Available
Mondol Paul $87,000 Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mondol Paul $69,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $74,000 -6.3% --
11/25/2018 11/25/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $79,000 -- --
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 $1,700 $82,000 $82,000 $0
2024 $1,082 $77,700 $77,700 $0
2023 $402 $70,800 $0 $0
2022 $982 $58,500 $0 $0
2021 $2,071 $47,900 $0 $0
2020 $2,045 $35,500 $0 $0
2019 $1,994 $33,600 $0 $0
2018 $312 $36,300 $0 $0
2017 $1,028 $38,000 $0 $0
2016 $779 $30,500 $0 $0
2015 -- $28,100 $0 $0
2011 -- $34,229 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18054871

Southwestern Michigan Association of REALTORS®

APN: 14-041-126-052-00