NOT LISTED FOR SALE

Estimated Value: $758,245

-- Bed
-- Bath
-- Sq Ft
0.7 Acres

Last Sold July 30, 2020

Last sale price $515,000

Est. 47% increase in value since last sale

Current estimated payment $5,048/month

About This Home

As of July 2020

Sold before broadcast. List for informational purpose

Last Agent to Sell the Property

Jason Johnston

Compass Realty Services License #6502408828 Listed on: 09/23/2020

Compass Realty Services

Last Buyer's Agent

Mark Troy

Compass Realty Services License #6502355827

Compass Realty Services

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,337

Year Built

  • Built in 1971

Lot Details

  • 0.7

Parking

  • 16 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Additional Features

  • 0.7 Acre Lot
  • Forced Air Heating System

Community Details

  • 8 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,337

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 515000.0
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 16.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.7
  • Lot Size Area: 0.7
  • Lot Size Sq Ft: 30492.0
  • Zoning Description: CI
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 8

Tax Info

  • Tax Annual Amount: 9336.84
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Jul 31, 2020
Sold by
Cv Rental Properties Llc
Bought by
Kobi Brian K and Kobi Jennifer D
Seller's Agent
Jason Johnston
Compass Realty Services
Buyer's Agent
Mark Troy
Compass Realty Services
List Price
$515,000
Sold Price
$515,000
Current Estimated Value
$758,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,245
Avg. Annual Appreciation
7.62%
Original Mortgage
$386,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2020
Closed on
Jul 30, 2020
Sold by
Kobi Brian K and Kobi Jennifer D
Bought by
K1 Properties Llc
Seller's Agent
Jason Johnston
Compass Realty Services
Buyer's Agent
Mark Troy
Compass Realty Services
List Price
$515,000
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2018
Sold by
Park Place Living Llc
Bought by
Cv Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 3, 2015
Closed on
Aug 31, 2015
Sold by
Park Place Apartments Llc
Bought by
Park Place Living Llc
Seller's Agent
Ryan Kelley
City2Shore Real Estate Inc.
Buyer's Agent
Nathan Coffman
RE/MAX of Grand Rapids (FH)
List Price
$349,900
Sold Price
$338,000
Premium/Discount to List
-$11,900
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
Feb 15, 2011
Sold by
Baker Bart T and Baker Annette A
Bought by
Park Place Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
4.81%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 2, 2004
Sold by
Gohl John W
Bought by
Baker Bart A and Baker Annette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2003
Sold by
Legant Stephen and Legant Laura M
Bought by
Gohl John W and Mary Alice Gohl Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2000
Bought by
Legant Stephen and Park Place Apartments Llc

Purchase Details

Closed on
Mar 4, 1998
Bought by
Legant Stephen and Park Place Apartments Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kobi Brian K $515,000 Kobi Brian K
K1 Properties Llc -- None Available
Kobl Brian K $515,000 None Available
Cv Rental Properties Llc -- Sun Title Agency Of Michigan
Park Place Living Llc $338,000 None Available
Park Place Apartments Llc -- Chicago Title Of Michigan
Baker Bart A -- Chicago Title
Gohl John W -- Chicago Title
Legant Stephen $310,000 --
Legant Stephen $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kobi Brian K $386,250
Closed Kobl Brian K $386,250
Previous Owner Cv Rental Properties Llc $312,000
Previous Owner Park Place Apartments Llc $184,000
Previous Owner Baker Bart A $250,000
Previous Owner Gohl John W $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2020 09/23/20 For Sale $515,000 0.0% --
07/30/2020 07/30/20 Sold $515,000 +52.4% --
06/26/2020 06/26/20 Pending -- -- --
08/31/2015 08/31/15 Sold $338,000 -3.4% --
08/06/2015 08/06/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $349,900 -- --
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 $10,329 $285,500 $0 $0
2024 $10,329 $242,500 $0 $0
2023 $10,409 $239,100 $0 $0
2022 $9,688 $231,500 $0 $0
2021 $9,434 $203,200 $0 $0
2020 $8,823 $177,000 $0 $0
2019 $9,126 $155,600 $0 $0
2018 $8,349 $151,400 $0 $0
2017 $8,155 $137,000 $0 $0
2016 $7,937 $113,200 $0 $0
2015 $7,601 $113,200 $0 $0
2013 -- $107,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20039684

Southwestern Michigan Association of REALTORS®

APN: 41-17-15-302-014