NOT LISTED FOR SALE

Estimated Value: $284,411 - $318,000

2 Beds
2 Baths
-- Sq Ft
0.25 Acres

Last Sold April 12, 2018

Last sale price $168,300

Est. 81% increase in value since last sale

Current estimated payment $2,013/month

Highlights

  • Forced Air Heating and Cooling System
  • 4 Car Garage
  • High Speed Internet

About This Home

As of April 2018

Very sharp side by side duplex with great tenants. Rents could be $1000 per side. Daylight basements finished both sides. Private garages. Loads of updates -- flooring, windows, appliances, and more. This would be a nice owner occupied property. Please note: since multiple offers are being prepared, all offers will be presented to the seller at noon on Monday. Please have your offers into the seller's agent by then.

Last Listed By

Barry J. Capel

Five Star Real Estate (Grandv) License #6501182751 Listed on: 04/03/2018

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1971

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x135

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $800
  • Utility Expense $800
  • Operating Expense $4,300
  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 179900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10800.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 19200.0
  • Insurance Expense: 800.0
  • Number of Units Total: 2
  • Operating Expense: 4300.0

Tax Info

  • Tax Annual Amount: 2500.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Lala Land Llc
Bought by
Lala Land Llc and Medvin Aslanian And Lala Marookian Revocable
Total Days on Market
0
Current Estimated Value
$304,103

Purchase Details

Listed on
Apr 3, 2018
Closed on
Apr 12, 2018
Sold by
Martinez Harry and Martinez Wanda
Bought by
Lala Land Llc
Seller's Agent
Barry J. Capel
Five Star Real Estate (Grandv)
Buyer's Agent
Medvin Aslanian
Greenridge Realty (Cascade)
List Price
$179,900
Sold Price
$168,300
Premium/Discount to List
-$11,600
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
Aug 17, 2004
Sold by
Karadchy William
Bought by
Martinez Harry and Martinez Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 1994
Sold by
Ryskamp Ryskamp B B and Ryskamp Kilbourne
Bought by
Martinez Harry Wanda

Purchase Details

Closed on
Apr 15, 1992
Sold by
Potter Potter A A and Potter Ryskamp B
Bought by
Martinez Harry Wanda

Purchase Details

Closed on
Nov 1, 1988

Purchase Details

Closed on
Oct 28, 1988

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
Lala Land Llc -- None Listed On Document
Lala Land Llc $168,300 None Available
Martinez Harry $152,000 --
Martinez Harry Wanda $79,000 --
Martinez Harry Wanda $69,200 --
-- $69,200 --
-- $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Harry $87,500
Previous Owner Martinez Harry $172,729
Previous Owner Martinez Wanda $53,800
Previous Owner Martinez Harry $152,000
Previous Owner Karadchy William $109,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $168,300 -6.4% --
04/03/2018 04/03/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $179,900 -- --
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 $3,729 $108,400 $0 $0
2023 $3,696 $90,800 $0 $0
2022 $3,513 $85,100 $0 $0
2021 $3,366 $74,700 $0 $0
2020 $3,194 $65,600 $0 $0
2019 $3,268 $60,100 $0 $0
2018 $2,508 $55,500 $0 $0
2017 $2,449 $46,100 $0 $0
2016 $2,392 $44,500 $0 $0
2015 $2,333 $44,500 $0 $0
2013 -- $45,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18010542

Southwestern Michigan Association of REALTORS®

APN: 41-18-20-229-013