NOT LISTED FOR SALE

428 Houston Ave Muskegon, MI 49441

Nelson Neighborhood

Estimated Value: $152,000 - $192,000

1 Bed
2 Baths
1,396 Sq Ft
$125/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $56,500 $40 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $1,061/month

16 Days on Market

Highlights

  • 0.3 Acre Lot
  • Corner Lot: Yes
  • High Speed Internet
  • Wooded Lot
  • Forced Air Heating System

About This Home

As of June 2018

Nice 2 unit home with great rental history. Located in downtown Muskegon. Great investment opportunity with built in income. Front unit is 2 bedroom, 1 bath, back unit is 1 bedroom 1 bath. Each unit has an exterior deck, laundry hook up and separate utilities.

Last Agent to Sell the Property

Heather Jones

Five Star Real Estate (Green) License #6502420315 Listed on: 03/21/2018

Last Buyer's Agent

Megon Meinke

Five Star Real Estate (Rock) License #6501392293

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,059

Year Built

  • Built in 1800

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 99x132
  • Corner Lot: Yes
  • Wooded Lot

Parking

  • 5 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $488
  • Utility Expense $35

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,059

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1800
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 99x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 1059.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: 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:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 64900.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 488.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1059.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jul 26, 2018
Sold by
Weflen Nathan and Weflen Amy
Bought by
Anw Properties Llc
Seller's Agent
Heather Jones
Five Star Real Estate (Green)
Buyer's Agent
Megon Meinke
Five Star Real Estate (Rock)
List Price
$64,900
Sold Price
$56,500
Premium/Discount to List
-$8,400
-12.94%
Current Estimated Value
$173,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,400
Avg. Annual Appreciation
16.44%
Original Mortgage
$42,375
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 31, 2018
Sold by
Mattone Darren
Bought by
Weflen Nathan and Weflen Amy
Seller's Agent
Heather Jones
Five Star Real Estate (Green)
Buyer's Agent
Megon Meinke
Five Star Real Estate (Rock)
List Price
$64,900
Sold Price
$56,500
Premium/Discount to List
-$8,400
-12.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,375
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2017
Closed on
May 3, 2017
Sold by
Earnest Sara M and Varga Sara M
Bought by
Mattone Darren
Seller's Agent
Laura Marcus-Nolan
Greenridge Realty
Buyer's Agent
Laura Marcus-Nolan
Greenridge Realty
List Price
$45,000
Sold Price
$47,000
Premium/Discount to List
$2,000
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.04%
Original Mortgage
$35,250
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2007
Sold by
Mitchell Robert
Bought by
Varga Sara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,200
Interest Rate
6.24%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Anw Properties Llc -- None Available
Weflen Nathan $56,500 Chicago Title Of Michigan
Mattone Darren $47,000 Attorney
Varga Sara M -- Harbor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weflen Nathan $42,375
Previous Owner Mattone Darren $35,250
Previous Owner Varga Sara M $35,200
Previous Owner Varga Sara M $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2018 06/11/18 Sold $56,500 -12.9% $40 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $64,900 +38.1% $46 / Sq Ft
05/03/2017 05/03/17 Sold $47,000 +4.4% $34 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $45,000 -- $32 / 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 $1,380 $63,000 $0 $0
2024 $260 $52,300 $0 $0
2023 $249 $41,700 $0 $0
2022 $1,265 $31,900 $0 $0
2021 $1,245 $29,300 $0 $0
2020 $1,218 $26,000 $0 $0
2019 $1,196 $21,200 $0 $0
2018 $1,168 $18,500 $0 $0
2017 $1,059 $17,500 $0 $0
2016 $198 $16,700 $0 $0
2015 -- $17,800 $0 $0
2014 $214 $19,400 $0 $0
2013 -- $18,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Jones

    Seller's Agent in 2018

    Heather Jones

    Five Star Real Estate (Green)

    (231) 250-3100

    247 Total Sales

    Heather Jones
    Section Image
  • Megon Meinke

    Buyer's Agent in 2018

    Megon Meinke

    Five Star Real Estate (Rock)

    (616) 824-6266

    65 Total Sales

    Megon Meinke
    Section Image

  • L

    Seller's Agent in 2017

    Laura Marcus-Nolan

    Greenridge Realty

    (616) 822-9493

    83 Total Sales

    Laura Marcus-Nolan
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18010596

Southwestern Michigan Association of REALTORS®

APN: 24-205-347-0012-00

Michigan Muskegon County Muskegon 49441 Nelson

428 Houston Ave, Muskegon, MI

This home is located at 428 Houston Ave, Muskegon, MI 49441 since 21 March 2018 and is currently estimated at $173,900, approximately $124 per square foot. This property was built in 1800. 428 Houston Ave is a home located in Muskegon County with nearby schools including Muskegon Maritime Academy, Muskegon Covenant Academy, and Muskegon Heights Academy.

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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