NOT LISTED FOR SALE

Estimated Value: $703,632

8 Beds
1 Bath
-- Sq Ft
0.3 Acres

Last Sold April 25, 2018

Last sale price $270,000

Est. 161% increase in value since last sale

Current estimated payment $3,869/month

6 Days on Market

About This Home

As of April 2018

All brick 2 story, 6 unit apartment building located just off West Main, nestled in a quiet neighborhood. Great rental history with large parking lot in rear and covered carport. Carport is large enough to accommodate 4 vehicles and includes storage in the back for each unit. Units include 5 spacious 2 bedroom apartments and 1 studio.

Last Agent to Sell the Property

Betsy Stoneburner

Doorlag Realty Company License #6501364724 Listed on: 03/08/2018

Last Buyer's Agent

Sandy Jurich

Buyer's Choice Realty License #6504176594

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.3 Acre Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof

Parking

  • 10 Parking Spaces
  • Carport

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Phone Connected

Community Details

  • 6 Units
  • Laundry Facilities
  • Insurance Expense $1,498

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1960
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: N/A
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 7246.1
  • Tax Info:Zoning3: B- Residential
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 6
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: 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:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Heat Type:Hot Water: Yes
  • Heat Type:Radiant: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Other

Exterior Features

  • Construction Materials: Brick
  • List Price: 274000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 10.0
  • General Property Info:Total Parking Spaces: 10.0
  • Extras:Carports: Yes

Utilities

  • Heating: Natural Gas, Radiant, Hot Water
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

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

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Insurance Expense: 1498.0
  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 7246.1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
Apr 25, 2018
Sold by
V And T Campbell Properies Llc
Bought by
Whitw Pines Real Esatate Llc
Seller's Agent
Betsy Stoneburner
Doorlag Realty Company
Buyer's Agent
Sandy Jurich
Buyer's Choice Realty
List Price
$274,000
Sold Price
$270,000
Premium/Discount to List
-$4,000
-1.46%
Current Estimated Value
$703,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,632
Avg. Annual Appreciation
13.43%

Purchase Details

Closed on
Jan 24, 2007
Sold by
Emig Richard C and Noe Emig Carla J
Bought by
Truong Tom and Truong Kathy Knanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,600
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 2005
Sold by
Emig Richard C and Noe Emig Carla J
Bought by
South Street Buildings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,223
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2004
Sold by
Gold Star Investments Inc
Bought by
Emig Richard C and Noe Emig Carla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2003
Sold by
Boris Gary K and Boris Stephanie M
Bought by
Gold Star Investments Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Whitw Pines Real Esatate Llc -- Chicago Title Of Michigan In
Truong Tom $337,000 Pinnacle Title
South Street Buildings Llc -- Pinnacle Title
Emig Richard C $275,000 Chicago Title
Gold Star Investments Inc $205,200 Chicago
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Truong Tom $269,600
Previous Owner South Street Building Llc $262,223
Previous Owner Emig Richard C $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2018 04/25/18 Sold $270,000 -1.5% --
03/14/2018 03/14/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $274,000 -- --
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 $1,624 $185,300 $0 $0
2024 $1,624 $188,200 $0 $0
2023 $1,548 $153,300 $0 $0
2022 $10,333 $137,300 $0 $0
2021 $9,791 $145,700 $0 $0
2020 $9,636 $137,500 $0 $0
2019 $9,285 $128,800 $0 $0
2018 $7,589 $118,300 $0 $0
2017 $0 $118,300 $0 $0
2016 -- $110,200 $0 $0
2015 -- $105,900 $0 $0
2014 -- $102,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17059888

Southwestern Michigan Association of REALTORS®

APN: 06-17-255-070