NOT LISTED FOR SALE

Estimated Value: $117,423 - $164,000

4 Beds
2 Baths
1,867 Sq Ft
$77/Sq Ft Est. Value

Last Sold April 09, 2015

Last sale price $5,000 $3 Per Sq Ft

Est. 2,776% increase in value since last sale

Current estimated payment $904/month

38 Days on Market

About This Home

As of April 2015

2 unit including a 2 stall detached garage. Unit 1 has 1 bedroom, LR, dining area and approx. 600 sq ft. Unit 2 has main floor laundry, 1 bedroom on main floor, LR, dining area, family room with fireplace, 2 bedrooms upstairs with built in dressers. Buyer responsible for all real estate transfer taxes, if applicable. This property is eligible under the Freddie Mac First Look Initiative through 1-21-15. Only offers from Owner Occupants, non-profits, NSP grantees and community development organizations are eligible. All other offers must wait until after 1-21-15. Seller will pay up to $500 for Home Warranty of buyer's choice, must be requested at time of offer.

Last Agent to Sell the Property

Michelle Morgenstern

Nexes Lumbertown License #6501371490 Listed on: 02/16/2015

Co-Listed By

Bernie Tassin

Nexes Realty Muskegon License #6502129865

Last Buyer's Agent

Michelle Morgenstern

Nexes Lumbertown License #6501371490 Listed on: 02/16/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

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

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Crawl Space

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • 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: 1212.0
  • General Property Info:Total _pound_ Units: 2
  • 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:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Crawl Space

Exterior Features

  • List Price: 9900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

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: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1212.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2015
Closed on
Apr 8, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tucker Olin M and Brown Narvia N
Seller's Agent
Michelle Morgenstern
Nexes Lumbertown
Buyer's Agent
Michelle Morgenstern
Nexes Lumbertown
List Price
$16,500
Sold Price
$5,000
Premium/Discount to List
-$11,500
-69.7%
Current Estimated Value
$143,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,808
Avg. Annual Appreciation
37.57%

Purchase Details

Closed on
Jun 13, 2014
Sold by
Bussler Tamara L and Fifth Third Mortgage Company
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 29, 2009
Sold by
Hs Enterprises Llc
Bought by
Bussler Tamara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,750
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2004
Sold by
Scott Tameko
Bought by
Hs Enterprises Llc
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
Tucker Olin M $5,000 None Available
Federal Home Loan Mortgage Corporation $24,082 None Available
Bussler Tamara L $33,500 None Available
Hs Enterprises Llc -- Harbor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bussler Tamara L $21,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2015 04/09/15 Sold $5,000 -69.7% $3 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $16,500 -- $9 / 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 -- $0 $0 $0
2024 -- $0 $0 $0
2023 -- $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $1,345 $22,700 $0 $0
2018 $1,333 $21,400 $0 $0
2017 $1,352 $21,000 $0 $0
2016 $239 $20,200 $0 $0
2015 -- $20,200 $0 $0
2014 -- $21,900 $0 $0
2013 -- $21,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15000155

Southwestern Michigan Association of REALTORS®

APN: 24-205-078-0004-00