NOT LISTED FOR SALE

415 E Main St Fennville, MI 49408

Estimated Value: $265,000 - $347,000

Studio
2 Baths
4,000 Sq Ft
$76/Sq Ft Est. Value

Sale Details

Date Sold: July 13, 2018

Last sale price $139,000 $35 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,908 / mo

7 Days on Market

About This Home

As of July 2018

This is your chance to own a historic piece of Fennville property! This property has been used for many things
over the years, and is currently being used as a two family investment property. Within walking distance to all
the amenities that a growing downtown Fennville now offers - shopping, restaurants, and more. Interior photos
show property when units were vacant. Upper unit features: 2 bedroom / 1 bath apartment has lots of natural
light, and a charming balcony overlooking Main Street. Lower Unit features: one bedroom/ one bath has great
wood flooring throughout, living area has built in shelving on three walls. The furnace and water heater in
basement were updated within the last year, and the upper unit was freshened up before the current tenant
moved in. Currently upper unit being rented for $700.00/month, and lower unit is being rented for $550.00

Last Agent to Sell the Property

Jim Wiersma

Coldwell Banker Woodland Schmidt License #6506043979 Listed on: 02/27/2018

Coldwell Banker Woodland Schmidt

Co-Listed By

Bernie Merkle

Coldwell Banker Woodland Schmidt License #6506041602

Last Buyer's Agent

Jim Wiersma

Coldwell Banker Woodland Schmidt License #6506043979 Listed on: 02/27/2018

Coldwell Banker Woodland Schmidt

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132

Parking

  • 4 Parking Spaces

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1880
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 46.52
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4213.0
  • Tax Info:Zoning3: B-2
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 139900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: B-2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4213.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2018
Closed on
Jul 13, 2018
Sold by
In X Cess Inc
Bought by
Buell Cory
Seller's Agent
Jim Wiersma
Coldwell Banker Woodland Schmidt
Buyer's Agent
Jim Wiersma
Coldwell Banker Woodland Schmidt
List Price
$139,900
Sold Price
$139,000
Premium/Discount to List
-$900
-0.64%
Current Estimated Value
$303,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,565
Avg. Annual Appreciation
10.60%
Original Mortgage
$136,482
Outstanding Balance
$118,931
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$184,634

Purchase Details

Closed on
Apr 1, 1994
Bought by
In-X-Cess
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Buell Cory -- Chicago Title Of Michigan In
In-X-Cess $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buell Cory $136,482
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $139,000 -0.6% $35 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $139,900 -- $35 / Sq Ft
Source: MichRIC

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 $3,453 $141,400 $18,600 $122,800
2024 $3,033 $94,200 $12,100 $82,100
2023 $3,033 $97,500 $10,600 $86,900
2022 $3,033 $85,400 $9,700 $75,700
2021 $3,001 $81,100 $8,800 $72,300
2020 $2,958 $76,000 $7,700 $68,300
2019 $1,644 $88,800 $6,200 $82,600
2018 $0 $79,300 $5,900 $73,400
2017 $0 $74,000 $5,700 $68,300
2016 $0 $59,000 $5,200 $53,800
2015 -- $59,000 $5,200 $53,800
2014 -- $55,600 $6,900 $48,700
2013 -- $63,600 $6,200 $57,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 18006979

MichRIC

APN: 52-032-057-00

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