NOT LISTED FOR SALE

422 E Main St Lowell, MI 49331

Estimated Value: $260,000 - $302,000

3 Beds
3 Baths
2,160 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $65,000 $30 Per Sq Ft

Est. 344% increase in value since last sale

Current estimated payment $1,847/month

202 Days on Market

Highlights

  • Forced Air Heating System
  • 4 Car Garage
  • Wood Siding
  • Cherry Creek Elementary School Rated A-

About This Home

As of May 2017

Loads of potential in this 6 unit rental. Located on Main Street in the downtown Lowell area. Currently One unit rented. The other units are one bedroom with a shared bath on the upper level. The best use would be a duplex or single family home.

Last Agent to Sell the Property

Kevin Knoll

Five Star Real Estate (Grandv) License #6501226121 Listed on: 09/29/2016

Five Star Real Estate (Grandv)

Last Buyer's Agent

Kevin Knoll

Five Star Real Estate (Grandv) License #6501226121 Listed on: 09/29/2016

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 8,581

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Michigan Basement
  • 8,581 Sq Ft Lot

Community Details

  • 6 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 74900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8581.0
  • Zoning Description: commercial res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 3907.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2016
Closed on
May 31, 2017
Sold by
Cahoon Roger D
Bought by
Executive Home Care Llc
Seller's Agent
Kevin Knoll
Five Star Real Estate (Grandv)
Buyer's Agent
Kevin Knoll
Five Star Real Estate (Grandv)
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Current Estimated Value
$288,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,801
Avg. Annual Appreciation
20.33%

Purchase Details

Closed on
Jan 5, 2001
Sold by
Cahoon Margaret Victoria and Cahoon Margaret V
Bought by
Cahoon Roger Donald

Purchase Details

Closed on
Nov 10, 1999
Sold by
Hahn Est
Bought by
Cahoon Cahoon R and Cahoon Roger D
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
Executive Home Care Llc -- None Available
Cahoon Roger Donald -- --
Cahoon Cahoon R $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Executive Home Care Llc $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $65,000 -13.2% $30 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
09/29/2016 09/29/16 For Sale $74,900 -- $35 / Sq Ft
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 $3,762 $122,100 $0 $0
2024 $3,762 $121,500 $0 $0
2023 $3,594 $113,900 $0 $0
2022 $4,548 $85,800 $0 $0
2021 $4,438 $81,200 $0 $0
2020 $3,268 $72,400 $0 $0
2019 $4,350 $68,700 $0 $0
2018 $5,143 $81,100 $0 $0
2017 $3,995 $75,400 $0 $0
2016 $3,909 $68,000 $0 $0
2015 -- $68,000 $0 $0
2013 -- $60,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kevin Knoll

    Five Star Real Estate (Grandv)

    (616) 901-3866

    94 Total Sales

    Kevin Knoll
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16050117

Southwestern Michigan Association of REALTORS®

APN: 41-20-02-431-003

Michigan Kent County Lowell 49331

422 E Main St, Lowell, MI

This home is located at 422 E Main St, Lowell, MI 49331 since 29 September 2016 and is currently estimated at $288,801, approximately $133 per square foot. This property was built in 1929. 422 E Main St is a home located in Kent County with nearby schools including Bushnell Elementary School, Cherry Creek Elementary School, and Lowell Middle 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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