NOT LISTED FOR SALE

Estimated Value: $284,000 - $380,112

5 Beds
3 Baths
1,100 Sq Ft
$310/Sq Ft Est. Value

Last Sold May 17, 2016

Last sale price $75,000 $68 Per Sq Ft

Est. 355% increase in value since last sale

Current estimated payment $2,239/month

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding
  • 2 Car Garage
  • Level Lot
  • 4-minute walk to Lincoln Park

About This Home

As of May 2016

2 Bedroom home with attached business or office. Zoned Commercial. Home, built in 1916, has LR, FDR, Kit/EA, 1/4 bath. Some lovely leaded glass windows and wood floors. Enclosed Porch. Up: 2 Beds, Bath. Full basement.Forced air heat. Large side yard.
Business, built in 1954, is 555 Sq.Ft. block bldg. with small bath and kitchen area. No basement. Wall furnace. Purchaser to pay $2500 at close to short sale solutions.

Last Agent to Sell the Property

Anthony DeBartolo

DeBartolo Realty - I License #6502353236 Listed on: 03/25/2016

Last Buyer's Agent

James Eerdmans

Icon Realty Group LLC License #6502138981

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1916

Lot Details

  • 0.32

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Level Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1916
  • 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: Yes
  • Tax Info:Annual Property Tax: 1800.0
  • Tax Info:Zoning3: C
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Extras:Sep Gas Meter: Yes
  • Heat Type:Space Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • List Price: 75900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Space Heater, Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Zoning Description: C
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1800.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2017
Sold by
Eerdmans Joel and Eerdmans Danileele
Bought by
H4 Solution Llc
Current Estimated Value
$341,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Outstanding Balance
$59,014
Interest Rate
4.32%
Mortgage Type
Commercial
Estimated Equity
$271,305

Purchase Details

Listed on
Mar 25, 2016
Closed on
May 17, 2016
Sold by
Gonzales Escolastica
Bought by
Eerdmans Joel
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
James Eerdmans
Icon Realty Group LLC
List Price
$75,900
Sold Price
$75,000
Premium/Discount to List
-$900
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.38%

Purchase Details

Closed on
Jan 27, 2016
Sold by
Gonzales Escolastica and Gonzales Valdemar
Bought by
Midfirst Bank

Purchase Details

Closed on
May 28, 2004
Sold by
Pierson Toni F and Newsome Toni F
Bought by
Gonzalez Escolastica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,196
Interest Rate
6.46%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1995
Sold by
Faasen Faasen K K and Faasen Newsome T
Bought by
Gonzales Escolastica

Purchase Details

Closed on
May 8, 1992
Sold by
Hood Hood G G and Hood Faasen K
Bought by
Gonzales Escolastica

Purchase Details

Closed on
Mar 26, 1992
Sold by
Faasen Hood G
Bought by
Gonzales Escolastica

Purchase Details

Closed on
Mar 3, 1991
Sold by
Hood Hood G G and Hood G
Bought by
Gonzales Escolastica
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
H4 Solution Llc -- Next Door Title Agency Llc
Eerdmans Joel $75,000 Group Title Agency Services
Midfirst Bank $59,250 Attorney
Gonzalez Escolastica $99,000 --
Gonzales Escolastica -- --
Gonzales Escolastica $36,000 --
Gonzales Escolastica $39,000 --
Gonzales Escolastica -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open H4 Solution Llc $112,500
Previous Owner Gonzalez Ecolastica $8,240
Previous Owner Gonzalez Escolastica $107,196
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2016 05/17/16 Sold $75,000 -1.2% $68 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $75,900 -- $69 / Sq Ft
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 $4,430 $190,100 $0 $0
2024 $4,430 $173,700 $0 $0
2023 $4,395 $149,800 $0 $0
2022 $4,177 $132,200 $0 $0
2021 $4,070 $120,200 $0 $0
2020 $3,933 $105,500 $0 $0
2019 $4,027 $93,700 $0 $0
2018 $3,904 $73,700 $0 $0
2017 $2,306 $41,200 $0 $0
2016 $1,586 $38,100 $0 $0
2015 $2,046 $38,100 $0 $0
2013 -- $39,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16012178

Southwestern Michigan Association of REALTORS®

APN: 41-13-26-130-001