NOT LISTED FOR SALE

411 Stratford Way Holland, MI 49423

Holland Heights Neighborhood
-- Bed
-- Bath
-- Sq Ft
1.19 Acres

Last Sold July 31, 2012

Last sale price $400,000

40 Days on Market

Highlights

  • 1.19 Acre Lot
  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • 1 Fireplace
  • Cul-De-Sac
  • Forced Air Heating System

About This Home

As of July 2012

#2351 16 plex. 100% leased to date. 15 - 2 bdrm., 1 bath and 1- 1 bdrm., 1 bath. Units average 1,000 sf. All units complete with new appliances, ceiling fans, paint, carpet, window coverings, toilets & linoleum in 2009. All units continually updated as needed. 11 new A/C units. Exterior - enclosed garage units with openers, new underground drainage pipes, resurfaced driveway, underground sprinkling and the list goes on. Priced to sell - less than $31,000/unit!

Last Agent to Sell the Property

Michael Nagelkirk

Lakeshore Commercial Real Estate License #6501194952 Listed on: 05/30/2012

Last Buyer's Agent

Michael Nagelkirk

Coldwell Banker Woodland Schmidt

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 1.19 Acre Lot
  • Cul-De-Sac

Parking

  • 32 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Mineral Rights Excluded

Listing and Financial Details

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

Community Details

Overview

  • No Home Owners Association
  • 16 Units

Building Details

  • Insurance Expense $4,150
  • Maintenance Expense $7,899
  • Manager Expense $8,712
  • Utility Expense $12,283
  • Operating Expense $50,969
  • Gross Income $103,000
  • Net Operating Income $49,607

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • Year Built: 1986
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:Lot Dimensions: 260' x 185' IRR
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 12780.0
  • Tax Info:Zoning3: R-3
  • General Property Info:Total _pound_ Units: 16
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Util Avail at Street:Broadband: Yes
  • Substructure:Slab: Yes
  • Mineral Rights:No: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 445000.0
  • Lot Features: Cul-De-Sac, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Total Parking Spaces: 32.0
  • General Property Info:Total Parking Spaces: 32.0
  • Extras:Garages: Yes

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Broadband

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 1.19
  • Lot Size Area: 1.19
  • Lot Dimensions: 260' x 185' IRR
  • Lot Size Sq Ft: 51836.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 103000.0
  • Insurance Expense: 4150.0
  • Maintenance Expense: 7899.0
  • Manager Expense: 8712.0
  • Net Operating Income: 49607.0
  • Number of Units Total: 16
  • Operating Expense: 50969.0

Tax Info

  • Tax Annual Amount: 12780.0
  • Tax Year: 2012

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2012 07/31/12 Sold $400,000 -10.1% --
07/09/2012 07/09/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $445,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Nagelkirk

    Seller's Agent in 2012

    Michael Nagelkirk

    Lakeshore Commercial Real Estate

    (616) 396-8649

    5 in this area

    21 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12030004

Southwestern Michigan Association of REALTORS®

Michigan Ottawa County Holland 49423 Holland Heights

411 Stratford Way, Holland, MI

This home is located at 411 Stratford Way, Holland, MI 49423 since 30 May 2012. This property was built in 1986. 411 Stratford Way is a home located in Ottawa County with nearby schools including Holland Heights Elementary, Holland High School, and Black River Public School Elementary.

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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