NOT LISTED FOR SALE

381 W Forest Ave Muskegon, MI 49441

Nelson Neighborhood

Estimated Value: $165,000 - $242,000

6 Beds
3 Baths
2,688 Sq Ft
$71/Sq Ft Est. Value

Last Sold May 12, 2020

Last sale price $90,000 $33 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,297/month

4 Days on Market

About This Home

As of May 2020

Calling all investors! This large City of Muskegon duplex features two nearly identical units; 3 bedrooms 1 bathroom in each. Both units are currently occupied by paying tenants. Separate access to basement where utilities are located. Age of property unknown. Buyer's agent to verify all information.

Last Agent to Sell the Property

Breanna McCarthy

Five Star Real Estate License #6501425454 Listed on: 03/24/2020

Five Star Real Estate

Co-Listed By

Lisa Vela

Five Star Real Estate License #6501353445

Last Buyer's Agent

Matthew Luce

Real5 License #6501404157

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,865

Year Built

  • Built in 1900

Lot Details

  • 5,489 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,865

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: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 97500.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5489.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1865.47
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
May 5, 2020
Sold by
Nowak Todd
Bought by
Nunnelly Kyle and Nunnelly Kristen
Seller's Agent
Breanna McCarthy
Five Star Real Estate
Buyer's Agent
Matthew Luce
Real5
List Price
$97,500
Sold Price
$90,000
Premium/Discount to List
-$7,500
-7.69%
Current Estimated Value
$192,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,164
Avg. Annual Appreciation
15.14%
Original Mortgage
$67,500
Outstanding Balance
$60,037
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$132,127

Purchase Details

Listed on
Mar 24, 2020
Closed on
Mar 23, 2020
Sold by
Walker Bryan
Bought by
Nowak Todd
Seller's Agent
Breanna McCarthy
Five Star Real Estate
Buyer's Agent
Matthew Luce
Real5
List Price
$97,500
Sold Price
$90,000
Premium/Discount to List
-$7,500
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Outstanding Balance
$60,037
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$132,127

Purchase Details

Closed on
Sep 26, 2017
Sold by
Walker Bryan
Bought by
Nowall Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.1%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 24, 2015
Closed on
Sep 14, 2015
Sold by
Cass Nanette
Bought by
Walker Bryan
Seller's Agent
Leo Langlois
Greenridge Realty Muskegon
Buyer's Agent
Leo Langlois
Greenridge Realty Muskegon
List Price
$18,000
Sold Price
$8,000
Premium/Discount to List
-$10,000
-55.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.61%

Purchase Details

Listed on
Jul 24, 2015
Closed on
Sep 3, 2015
Sold by
Leroux Jason and Leroux Tiffany L
Bought by
Cass Nanette
Seller's Agent
Leo Langlois
Greenridge Realty Muskegon
Buyer's Agent
Leo Langlois
Greenridge Realty Muskegon
List Price
$18,000
Sold Price
$8,000
Premium/Discount to List
-$10,000
-55.56%

Purchase Details

Listed on
Jul 24, 2015
Closed on
Jul 24, 2015
Sold by
Leroux Eugene E and Cass Nanette E
Bought by
Walker Bryan
Seller's Agent
Leo Langlois
Greenridge Realty Muskegon
Buyer's Agent
Leo Langlois
Greenridge Realty Muskegon
List Price
$18,000
Sold Price
$8,000
Premium/Discount to List
-$10,000
-55.56%

Purchase Details

Closed on
Mar 31, 2015
Sold by
Cass Nanette E
Bought by
Leroux Eugene E

Purchase Details

Closed on
Feb 23, 2015
Sold by
Leroux Eugene E and Cass Nanette E
Bought by
Cass Nanette E
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 Buyer Sale Price Title Company
Nunnelly Kyle $90,000 None Available
Nowak Todd $60,000 None Available
Nowall Todd $60,000 None Available
Walker Bryan -- Attorney
Cass Nanette -- Attorney
Cass Nanette -- Attorney
Walker Bryan -- Attorney
Leroux Eugene E -- None Available
Leroux Eugene E -- None Available
Cass Nanette E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunnelly Kyle $67,500
Previous Owner Nowall Todd $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2020 05/12/20 Sold $90,000 -7.7% $33 / Sq Ft
03/28/2020 03/28/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $97,500 +1118.8% $36 / Sq Ft
07/24/2015 07/24/15 Sold $8,000 -55.6% $3 / Sq Ft
07/24/2015 07/24/15 For Sale $18,000 -- $7 / Sq Ft
03/05/2015 03/05/15 Pending -- -- --
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 $3,334 $108,500 $0 $0
2024 $629 $88,800 $0 $0
2023 $601 $69,700 $0 $0
2022 $3,057 $52,300 $0 $0
2021 $2,576 $40,500 $0 $0
2020 $1,806 $35,500 $0 $0
2019 $1,787 $28,100 $0 $0
2018 $1,723 $27,500 $0 $0
2017 $1,671 $27,500 $0 $0
2016 $310 $26,200 $0 $0
2015 -- $27,900 $0 $0
2014 -- $30,900 $0 $0
2013 -- $29,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Breanna McCarthy

    Seller's Agent in 2020

    Breanna McCarthy

    Five Star Real Estate

    (231) 286-4807

    1 in this area

    85 Total Sales

    Breanna McCarthy
    Section Image

  • L

    Seller Co-Listing Agent in 2020

    Lisa Vela

    Five Star Real Estate

    (231) 557-9133

    7 in this area

    324 Total Sales

    Lisa Vela
    Section Image
  • Matthew Luce

    Buyer's Agent in 2020

    Matthew Luce

    Real5

    (616) 638-0525

    1 in this area

    115 Total Sales

    Matthew Luce
    Section Image
  • Leo Langlois

    Seller's Agent in 2015

    Leo Langlois

    Greenridge Realty Muskegon

    (231) 329-0243

    1 in this area

    107 Total Sales

    Leo Langlois
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20011357

Southwestern Michigan Association of REALTORS®

APN: 24-205-439-0013-10

Michigan Muskegon County Muskegon 49441 Nelson

381 W Forest Ave, Muskegon, MI

This home is located at 381 W Forest Ave, Muskegon, MI 49441 since 24 March 2020 and is currently estimated at $192,164, approximately $71 per square foot. This property was built in 1900. 381 W Forest Ave is a home located in Muskegon County with nearby schools including Muskegon Covenant Academy, St. Michael Elementary School, and Muskegon Catholic Central School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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