NOT LISTED FOR SALE

Estimated Value: $190,532 - $216,000

-- Bed
1 Bath
-- Sq Ft
0.55 Acres

Last Sold September 20, 2023

Last sale price $185,000

Est. 11% increase in value since last sale

Current estimated payment $1,481/month

6 Days on Market

Highlights

  • Wooded Lot
  • Corner Lot: Yes
  • Wood Siding
  • 1 Fireplace
  • Forced Air Heating System
  • 5-minute walk to Spring Arbor Township Park

About This Home

As of September 2023

Welcome to the perfect investment opportunity in Spring Arbor Township! This duplex home, nestled within the highly desirable Western Schools district, offers the best of both worlds. Unit A is a spacious haven with 9 rooms, having 3 bedrooms and 1 bath. It even includes a convenient laundry/utility room. But that's not all - this unit comes with a 10 x 10 unheated workshop and an 11 x 9 storage room, adding versatility to the property. Unit B is equally charming, featuring 5 rooms, including 1 bedroom and 1 bath. With a total of 1877 square feet, this duplex sits on a combination of a part craw and part slab foundation. Surrounded by a picturesque tree-lined lot, you'll find tranquility and privacy while still being close to all amenities. Separate gas meters and the main unit covering electric expenses make for a hassle-free ownership experience. The duplex has city sewer service. With off-street parking for both units, your tenants will appreciate the convenience. And speaking of tenants, this duplex offers a fantastic income-generating opportunity. You can rent out both units or reside in one side and lease the other for additional income. Investors and homeowners alike will appreciate the myriad of options this property provides. Owner is offering America's Preferred Home Warranty on both units! Don't let this opportunity slip away - seize the chance to own this duplex gem in Spring Arbor Township and start reaping the rewards today!

Last Listed By

Ray Snell

EXIT REALTY 1ST LLC License #6501330536 Listed on: 08/01/2023

EXIT REALTY 1ST LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,395

Year Built

  • Built in 1960

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 157 x 108 x 119 x 108 x 110
  • Corner Lot: Yes
  • Level Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Crawl Space

Parking

  • 6 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,395

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space, Slab

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • List Price: 194900.0
  • Lot Features: Wooded, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Well, Public
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.55
  • Lot Size Area: 0.55
  • Lot Dimensions: 157 x 108 x 119 x 108 x 110
  • Lot Size Sq Ft: 23958.0
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3394.87
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2005
Sold by
Poole Ernest J and Poole Joan K
Bought by
Poole Ernest J and Poole Joan K
Total Days on Market
6
Current Estimated Value
$205,133

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
Poole Ernest J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $185,000 -5.1% --
08/01/2023 08/01/23 For Sale $194,900 -- --
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
2024 $4,123 $101,000 $0 $0
2023 $2,532 $94,800 $0 $0
2022 $3,275 $99,900 $0 $0
2021 $3,202 $87,060 $0 $0
2020 $3,162 $70,810 $0 $0
2019 $3,040 $65,710 $0 $0
2018 $3,010 $60,200 $9,650 $50,550
2017 $2,880 $59,560 $0 $0
2016 $2,147 $74,470 $74,470 $0
2015 $50,090 $65,410 $65,410 $0
2014 $50,090 $59,260 $0 $0
2013 -- $59,260 $59,260 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23027651

Southwestern Michigan Association of REALTORS®

APN: 111-12-16-407-005-00