NOT LISTED FOR SALE

3607 Garden St Unit 1 & 2 Wayland, MI 49348

Estimated Value: $251,486 - $276,000

4 Beds
2 Baths
-- Sq Ft
0.4 Acres

Last Sold March 30, 2015

Last sale price $112,000

Est. 133% increase in value since last sale

Current estimated payment $1,652/month

100 Days on Market

Highlights

  • Hot Water Heating System
  • Laundry Facilities
  • Community Storage Space
  • 2 Car Garage

About This Home

As of March 2015

Completely updated duplex. 2 bedrooms 1 bath each unit, separate 2 stall garage with extra storage. Large Lot.
Shows very well, tenants are on a 1 year lease as of October 2014, tenants are very accommodating & extremely neat. Rental income: 1350.00 @ month. Possible 3rd units could be added to the back of the garage for 3 income rental!

Last Listed By

Patty Senneker

Five Star Real Estate (Grandv) License #6501302890 Listed on: 11/03/2014

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1900

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 24x264x121x150

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Parking

  • 2 Car Garage
  • Unpaved Driveway

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include snow removal, water
  • 2 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,000

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 119900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Assoc Amenities:Storage: Yes

Fee Information

  • Association Fee Includes: Snow Removal, Water

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Size Sq Ft: 17424.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2000.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2014
Closed on
Mar 30, 2015
Sold by
Wierenga Kenneth J and Wierenga Carol
Bought by
Glupker Rodney
Seller's Agent
Patty Senneker
Five Star Real Estate (Grandv)
Buyer's Agent
Robert Glupker
RE/MAX United (Main)
List Price
$129,500
Sold Price
$112,000
Premium/Discount to List
-$17,500
-13.51%
Total Days on Market
100
Current Estimated Value
$260,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,622
Avg. Annual Appreciation
8.27%
Original Mortgage
$84,000
Interest Rate
3.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2014
Sold by
Jager Bruce A and Jager Cathy
Bought by
Wierenga Kenneth J and Wierenga Jack

Purchase Details

Closed on
Dec 19, 1983
Sold by
Alflen Gregory V
Bought by
Jager Bruce A

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
Glupker Rodney $112,000 Chicago
Wierenga Kenneth J $55,000 Chicago Title
Wierenga Kenneth J -- Owners Title Agency Llc
Jager Bruce A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wierenga Kenneth J $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2015 03/30/15 Sold $112,000 -13.5% --
02/11/2015 02/11/15 Pending -- -- --
11/03/2014 11/03/14 For Sale $129,500 -- --
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 $2,489 $80,600 $20,500 $60,100
2023 $2,489 $73,900 $20,500 $53,400
2022 $2,489 $65,400 $14,000 $51,400
2021 $2,357 $60,500 $14,000 $46,500
2020 $2,317 $57,700 $14,000 $43,700
2019 $2,260 $50,700 $14,000 $36,700
2018 $2,189 $49,800 $14,000 $35,800
2017 $0 $48,200 $14,000 $34,200
2016 $0 $40,100 $14,000 $26,100
2015 -- $40,100 $14,000 $26,100
2014 -- $45,000 $14,000 $31,000
2013 $2,056 $42,300 $12,800 $29,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14060872

Southwestern Michigan Association of REALTORS®

APN: 13-031-021-00