$365,000
SOLD AUG 11, 2025
-- Bed
-- Bath
-- Sq Ft
1.2 Acres

Recently Sold

9% Below List Price

25 Days on Market

Highlights

  • 1.2 Acre Lot
  • Forced Air Heating System
  • Level Lot
  • 1 Fireplace

About This Home

As of August 2025

Turnkey 4-unit investment opportunity sitting on over an acre in a secluded and peaceful setting. Each of the four units offers 2 bedrooms, 1 full bathroom, and convenient in-unit laundry. The two lower units have been thoughtfully upgraded with modern kitchens, new flooring, and new appliances. The exterior received a refresh in 2023, which included all-new siding and a new roof. There is ample off-street parking, and each unit is separately metered for gas and electricity, making management a breeze.

Last Agent to Sell the Property

Autumn Fiorillo

EXP Realty (Grand Rapids) License #6501456426 Listed on: 06/24/2025

EXP Realty (Grand Rapids)

Co-Listed By

Ryan Ogle

EXP Realty (Grand Rapids) License #6506045818

Last Buyer's Agent

Matt Mulder

Keller Williams Kalamazoo Market Center License #6501337795

Keller Williams Kalamazoo Market Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,518

Year Built

  • Built in 1981

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 116x467
  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Parking

  • 4 Parking Spaces
  • Unpaved Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,518

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1981
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 116x467
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Zoning3: RM-1
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Water: Yes
  • Driveway:Shared Unpaved: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Other
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 399000.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Acres: 1.2
  • Lot Size Area: 1.2
  • Lot Dimensions: 116x467
  • Lot Size Sq Ft: 52272.0
  • Zoning Description: RM-1

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 5518.49
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2025
Closed on
Aug 11, 2025
Sold by
Fiorealestate Inc
Bought by
Grace Point Legacy Llc
Seller's Agent
Autumn Fiorillo
EXP Realty (Grand Rapids)
Buyer's Agent
Matt Mulder
Keller Williams Kalamazoo Market Center
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.07%
Original Mortgage
$584,000
Outstanding Balance
$575,783
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$188,649

Purchase Details

Closed on
Sep 20, 2024
Sold by
Fiorillo Brian
Bought by
Fiorealestate Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2023
Sold by
Henry Steven D and Henry Kelly A
Bought by
Fiorillo Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.81%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 29, 2016
Sold by
Dow Marilyn
Bought by
Henry Steven D and Henry Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,742
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2012
Sold by
Dow Marilyn
Bought by
Henry Steven D and Henry Kelly A

Purchase Details

Closed on
Jan 3, 2008
Sold by
Clarkson Valarie J
Bought by
Wells Fargo Bank Na and Morgan Stanley Home Equity Loan Trust Ms

Purchase Details

Closed on
Mar 9, 2005
Sold by
Rankin John W and Rankin Genevieve R
Bought by
Clarkson Valarie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $730,000 Sun Title Agency
Quit Claim Deed -- Irongate Title Agency
Warranty Deed $150,000 Nations Title Agency
Warranty Deed $85,000 Attorney
Land Contract -- None Available
Sheriffs Deed $114,750 None Available
Warranty Deed $151,000 Devon Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $584,000 Credit Line Revolving
Previous Owner $870,000 New Conventional
Previous Owner $165,000 Construction
Previous Owner $66,742 New Conventional
Previous Owner $120,800 Purchase Money Mortgage
Closed $15,100 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2025 08/11/25 Sold $365,000 -8.5% --
07/19/2025 07/19/25 Pending -- -- --
06/24/2025 06/24/25 For Sale $399,000 -- --
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 $5,496 $72,600 $0 $0
2024 $2,291 $73,000 $0 $0
2023 $2,268 $67,300 $0 $0
2022 $3,720 $60,700 $0 $0
2021 $3,534 $57,300 $0 $0
2020 $3,486 $53,400 $0 $0
2019 $3,356 $50,200 $0 $0
2018 $3,245 $45,000 $0 $0
2017 $0 $45,000 $0 $0
2016 -- $43,800 $0 $0
2015 -- $43,300 $0 $0
2014 -- $41,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25030342

Southwestern Michigan Association of REALTORS®

APN: 06-04-195-062