NOT LISTED FOR SALE

Estimated Value: $90,000 - $194,000

4 Beds
4 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold November 26, 2018

Last sale price $85,000

Est. 69% increase in value since last sale

Current estimated payment $912/month

9 Days on Market

About This Home

As of November 2018

Here's your chance to own a 4 unit apartment with separate electric and gas meters. Very low upkeep on the exterior that is brick and aluminum. All are 1 bedroom apartments and rent very easy. Each unit has a refrigerator and stove. The property is located on a bus line. Call Chip today to see this building.

Last Agent to Sell the Property

Chip Spranger

RE/MAX Perrett Associates License #6506040636 Listed on: 11/05/2018

RE/MAX Perrett Associates

Last Buyer's Agent

Andrew Moore

Real Estate Fiduciary Advisors License #6502431388

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,720

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,720

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 89900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 1720.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2018
Closed on
Nov 28, 2018
Sold by
Hoffman Robert
Bought by
Main St 349 Llc
Seller's Agent
Chip Spranger
RE/MAX Perrett Associates
Buyer's Agent
Andrew Moore
Real Estate Fiduciary Advisors
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Current Estimated Value
$143,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,482
Avg. Annual Appreciation
9.59%
Original Mortgage
$63,750
Outstanding Balance
$56,274
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$101,608

Purchase Details

Listed on
Nov 5, 2018
Closed on
Nov 27, 2018
Sold by
349 Main Street Lc
Bought by
Hoffman Robert
Seller's Agent
Chip Spranger
RE/MAX Perrett Associates
Buyer's Agent
Andrew Moore
Real Estate Fiduciary Advisors
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Outstanding Balance
$56,274
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$101,608

Purchase Details

Closed on
Feb 21, 2018
Sold by
Wolverine Invesmtnets Llc
Bought by
349 Main St Llc

Purchase Details

Closed on
Aug 24, 2004
Sold by
Wright Burns Paula
Bought by
Labond James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
5.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 3, 2003
Sold by
Adair Timothy L
Bought by
Wright-Burns Paula A

Purchase Details

Closed on
Oct 25, 2001
Sold by
Pankow Charles
Bought by
Adair Timothy L

Purchase Details

Closed on
Jun 25, 1998
Bought by
Bankers Trust Of Ca Trustee

Purchase Details

Closed on
Jan 30, 1998
Bought by
Pankow Charles

Purchase Details

Closed on
May 1, 1997
Bought by
Fleet Mortgage Corp

Purchase Details

Closed on
Jan 28, 1997
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Oct 18, 1996
Bought by
Fleet Mortgage Corp
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
Main St 349 Llc -- None Available
Hoffman Robert $85,000 Fidelity National Title Grou
349 Main St Llc $49,000 Attorneys Title Agency
Labond James H $79,900 Chicago Title
Burns Paula Wright $69,000 Chicago Title
Wright-Burns Paula A $69,000 --
Adair Timothy L $69,000 --
Bankers Trust Of Ca Trustee -- --
Pankow Charles $70,000 --
Fleet Mortgage Corp -- --
Secretary Of Veterans Affairs -- --
Fleet Mortgage Corp $42,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Robert $63,750
Previous Owner Wolverine Investments Llc $115,000
Previous Owner Burns Paula Wright $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $85,000 -5.5% --
11/14/2018 11/14/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $89,900 +83.5% --
12/01/2015 12/01/15 Sold $49,000 -27.8% --
11/29/2015 11/29/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $67,900 -- --
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 -- $63,100 $0 $0
2024 $1,560 $66,466 $0 $0
2023 $1,985 $68,359 $0 $0
2022 $1,410 $56,716 $0 $0
2021 $1,886 $41,823 $0 $0
2020 $1,697 $31,551 $0 $0
2019 $1,718 $28,132 $0 $0
2018 $1,718 $26,235 $495 $25,740
2017 $1,883 $27,385 $0 $0
2016 $1,930 $30,000 $0 $0
2015 $2,403 $31,122 $2,456 $28,666
2014 $2,403 $37,391 $2,456 $34,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18048977

Southwestern Michigan Association of REALTORS®

APN: 2760-00-010-0