NOT LISTED FOR SALE

390 Brunson Ave Benton Harbor, MI 49022

Estimated Value: $75,000 - $136,634

3 Beds
2 Baths
-- Sq Ft
6,300 Sq Ft Lot

Last Sold January 01, 2019

Last sale price $37,500

Est. 198% increase in value since last sale

Current estimated payment $738/month

14 Days on Market

About This Home

As of January 2019

Excellent income opportunity with this fully-leased duplex generating $13,236 in gross annual revenue.

Last Agent to Sell the Property

Andrew Schmidt

ERA Reardon Realty Great Lakes License #6501398750 Listed on: 10/18/2018

Last Buyer's Agent

Andrew Schmidt

ERA Reardon Realty Great Lakes License #6501398750 Listed on: 10/18/2018

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $838

Year Built

  • Built in 1910

Lot Details

  • 6,300

Parking

  • 2 Parking Spaces

Utilities

  • Baseboard Heating
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 6,300 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$838

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 39000.0
  • Number of Buildings: 1
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Electric, Baseboard
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6300.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 837.65
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
Dec 28, 2018
Sold by
Sw Michigan Rental Homes Llc
Bought by
Adagio Enterprise Llc
Seller's Agent
Andrew Schmidt
ERA Reardon Realty Great Lakes
Buyer's Agent
Andrew Schmidt
ERA Reardon Realty Great Lakes
List Price
$39,000
Sold Price
$37,500
Premium/Discount to List
-$1,500
-3.85%
Current Estimated Value
$111,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,159
Avg. Annual Appreciation
17.49%
Original Mortgage
$127,510
Outstanding Balance
$112,558
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
-$899

Purchase Details

Closed on
Feb 19, 2014
Sold by
Jaeger Ernest and Farley Lisa
Bought by
Siriano Martinez Lynda

Purchase Details

Closed on
Sep 17, 2012
Sold by
Jaeger Ernest and Farley Lisa
Bought by
Soriano Martinez Lynda

Purchase Details

Closed on
Jun 21, 2007
Sold by
Aspen Capital Funding Llc
Bought by
Jaeger Ernest

Purchase Details

Closed on
Sep 30, 2005
Sold by
Diamond Star Properties Llc
Bought by
Aspen Capital Funding Llc

Purchase Details

Closed on
Mar 31, 2004
Sold by
Premier Properties Investment Inc
Bought by
Diamond Star Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 8, 2004
Sold by
Lane Dwight R and Lane Kathleen G
Bought by
Jdt Land Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.63%
Mortgage Type
Unknown
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
Adagio Enterprise Llc $104,500 None Available
Siriano Martinez Lynda $7,800 None Available
Soriano Martinez Lynda -- None Available
Jaeger Ernest -- None Available
Aspen Capital Funding Llc -- --
Diamond Star Properties Llc -- Chicago Title
Premier Properties Investment Inc $25,000 Chicago Title
Premier Properties Investments Inc $153,000 Chicago Title
Jdt Land Llc $122,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adagio Enterprise Llc $127,510
Previous Owner Premier Properties Investments Inc $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/01/2019 01/01/19 Sold $37,500 -3.8% --
11/01/2018 11/01/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $39,000 +34.5% --
02/24/2015 02/24/15 Sold $29,000 -30.6% -- View Prior Sale
01/02/2015 01/02/15 Pending -- -- --
10/19/2014 10/19/14 For Sale $41,800 -- --
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 $1,772 $58,300 $0 $0
2024 $1,682 $54,000 $0 $0
2023 $1,345 $39,500 $0 $0
2022 $1,527 $33,100 $0 $0
2021 $1,619 $33,000 $300 $32,700
2020 $1,517 $32,600 $0 $0
2019 $1,490 $23,700 $0 $0
2018 $881 $23,700 $0 $0
2017 $867 $10,900 $0 $0
2016 $1,068 $11,000 $0 $0
2015 $744 $10,600 $0 $0
2014 $719 $12,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18051430

Southwestern Michigan Association of REALTORS®

APN: 11-52-1150-0031-00-4