NOT LISTED FOR SALE

3555 E B Ave Unit A Plainwell, MI 49080

Estimated Value: $271,859 - $292,000

-- Bed
-- Bath
-- Sq Ft
1.06 Acres

Last Sold August 21, 2024

Last sale price $279,000

Est. 1% increase in value since last sale

Current estimated payment $1,627/month

61 Days on Market

About This Home

As of August 2024

Get Ready For A Game-Changing Investment Opportunity! This Property Offers Two 2-Bedroom, 1-Bath Units On A Beautiful, Secluded 1-Acre+ Lot. Each Unit Comes With Its Own Washer & Dryer And Kitchen Appliances. Plus, There's A Fenced Backyard, A Massive 24 X 40 Pole Barn, And A 4-Stall Carport. With New Boiler Heat, On-Demand Hot Water, And Generator Wiring, This Is The Perfect Chance To Build Your Investment Portfolio. Live In One Unit, Rent Out The Other, Or Maximize Your Income By Leasing Both. Don't Miss Out On This Chance To Secure Your Financial Future!

Last Agent to Sell the Property

Donna Anders

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6501233200 Listed on: 05/15/2024

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Co-Listed By

Jordan Griffin

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Last Buyer's Agent

Nick Ailstock

Zuiderveen, REALTORS LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,221

Year Built

  • Built in 1968

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 165x280

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Parking

  • 4 Parking Spaces
  • Carport
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Septic System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, trash collection, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,221

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 284900.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Baseboard, Hot Water
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.06
  • Lot Size Area: 1.06
  • Lot Dimensions: 165x280
  • Lot Size Sq Ft: 46174.0
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3221.27
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Aug 16, 2024
Sold by
Zyskowski Timothy J and Zyskowski Timothy J
Bought by
Hire Alexandra and Hire Travis
Seller's Agent
Donna Anders
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Nick Ailstock
Zuiderveen, REALTORS LLC
List Price
$329,900
Sold Price
$279,000
Premium/Discount to List
-$50,900
-15.43%
Total Days on Market
61
Views
63
Current Estimated Value
$280,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,965
Avg. Annual Appreciation
0.88%
Original Mortgage
$209,250
Outstanding Balance
$207,789
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$73,176

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jul 7, 2021
Sold by
Mihelich Mark Steven
Bought by
Exter 1031 Exchange Series Llc
Seller's Agent
Ethel Wilkey-Downs
Berkshire Hathaway HomeServices MI
Buyer's Agent
Jordan Griffin
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$189,900
Sold Price
$195,000
Premium/Discount to List
$5,100
2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.13%

Purchase Details

Closed on
Sep 29, 2003
Sold by
Nancy D Loofboro Trust
Bought by
Mihelich Mark Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Hire Alexandra $279,000 Ata National Title Group
Exter 1031 Exchange Series Llc $195,000 Title Resource Agency
Mihelich Mark Steven $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hire Alexandra $209,250
Previous Owner Mihelich Mark Steven $50,000
Previous Owner Mihelich Mark S $47,000
Previous Owner Mihelich Mark Steven $35,000
Previous Owner Mihelich Mark Steven $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $279,000 -2.1% --
07/15/2024 07/15/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $284,900 -1.7% --
06/27/2024 06/27/24 Price Changed $289,900 -3.3% --
06/10/2024 06/10/24 Price Changed $299,900 -4.8% --
06/03/2024 06/03/24 Price Changed $314,900 -4.5% --
05/15/2024 05/15/24 For Sale $329,900 +69.2% --
07/07/2021 07/07/21 Sold $195,000 +2.7% --
06/24/2021 06/24/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $189,900 -- --
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 $690 $67,600 $0 $0
2023 $658 $61,800 $0 $0
2022 $3,108 $58,350 $0 $0
2021 $1,867 $54,100 $0 $0
2020 $1,809 $53,400 $0 $0
2019 $1,610 $47,300 $0 $0
2018 $0 $46,587 $0 $0
2017 $0 $45,600 $0 $0
2016 -- $39,196 $0 $0
2015 -- $37,997 $0 $0
2014 -- $38,048 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24023992

Southwestern Michigan Association of REALTORS®

APN: 02-01-370-067