NOT LISTED FOR SALE

413 5th St Ferrysburg, MI 49409

Estimated Value: $249,000 - $316,000

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold December 18, 2014

Last sale price $72,500

Est. 280% increase in value since last sale

Current estimated payment $1,709/month

213 Days on Market

About This Home

As of December 2014

This home is currently being used as a 2 family, could be converted back to single family home. Lower unit has 1080 sq. ft. with 2 bedrooms and 1 bath. Upper is 500 sq. ft. 2 bedrooms and 1 bath. Parking for at least 4 cars, full basement, corner, lot, underground sprinkling, very quiet location.

Last Agent to Sell the Property

Denny Van Hall

Greenridge Realty License #6502352498 Listed on: 04/30/2014

Last Buyer's Agent

Bruce Lindstrom

Bellabay Realty LLC License #6501294375

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 80000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2280.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Pancy James
Bought by
Pancy Jamie
Current Estimated Value
$275,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$107,590
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$179,672

Purchase Details

Closed on
Nov 2, 2020
Sold by
1051 East Laketon Llc
Bought by
Sehlby State Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$107,590
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$179,672

Purchase Details

Closed on
Sep 21, 2017
Sold by
Pancy James and Pancy Kathleen
Bought by
Pancy James

Purchase Details

Listed on
Apr 30, 2014
Closed on
Dec 18, 2014
Sold by
Lawrence Rodney J
Bought by
Jkp Investment Trust
Seller's Agent
Denny Van Hall
Greenridge Realty
Buyer's Agent
Bruce Lindstrom
Bellabay Realty LLC
List Price
$91,500
Sold Price
$72,500
Premium/Discount to List
-$19,000
-20.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.68%

Purchase Details

Closed on
Apr 11, 2013
Sold by
Lawrence Rodney J
Bought by
Lawrence Rodney J and Rodney J Lawrence Trust
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
Pancy Jamie $150,000 Ata National Title Group Llc
Sehlby State Bank $113,000 None Available
Pancy James -- Attorney
Jkp Investment Trust $72,500 Chicago Title
Lawrence Rodney J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pancy Jamie $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2014 12/18/14 Sold $72,500 -20.8% --
11/29/2014 11/29/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $91,500 -- --
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 $2,634 $101,000 $0 $0
2024 $2,522 $92,800 $0 $0
2023 $2,590 $78,700 $0 $0
2022 $2,690 $64,100 $0 $0
2021 $2,522 $61,400 $0 $0
2020 $2,816 $62,000 $0 $0
2019 $2,777 $58,300 $0 $0
2018 $4,969 $52,100 $9,900 $42,200
2017 -- $54,400 $0 $0
2016 -- $54,400 $0 $0
2015 -- $55,200 $0 $0
2014 -- $52,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14021867

Southwestern Michigan Association of REALTORS®

APN: 70-03-16-180-001