NOT LISTED FOR SALE

Estimated Value: $187,000 - $276,000

-- Bed
-- Bath
-- Sq Ft
8,102 Sq Ft Lot

Last Sold March 09, 2018

Last sale price $98,400

Est. 132% increase in value since last sale

Current estimated payment $1,442/month

Highlights

  • 0.19 Acre Lot
  • Forced Air Heating System
  • 4 Car Garage

About This Home

As of March 2018

3 Unit with vinyl siding, some newer windows, newer roof, split electric. Currently rented for $1820/MO. Leases are month to month. City Certified through 7/28/2020.

Last Agent to Sell the Property

Allison Koetsier

Compass Realty Services License #6502378425 Listed on: 03/09/2018

Compass Realty Services

Co-Listed By

Thomas Koetsier

Kay Courtney & Associates

Last Buyer's Agent

Nonmember Agent

Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,950

Year Built

  • Built in 1890

Lot Details

  • 8,102

Home Design

  • Composition Roof
  • Vinyl Siding

Parking

  • 4 Car Garage
  • Unpaved Driveway

Utilities

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

Additional Features

  • Partial Basement
  • 8,102 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,950

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60*135
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1950.0
  • Tax Info:Zoning3: NA
  • General Property Info:Total _pound_ Units: 3
  • 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
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 98400.0
  • 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: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8102.0
  • Zoning Description: NA
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1950.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2018
Closed on
Feb 22, 2018
Sold by
Timmer Jonathan and Parcels 1 4 Gecko Properties L
Bought by
Real Estate Ventures Llc
Seller's Agent
Allison Koetsier
Compass Realty Services
Buyer's Agent
Nonmember Agent
Non Member
List Price
$98,400
Sold Price
$98,400
Current Estimated Value
$228,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,062
Avg. Annual Appreciation
11.75%
Original Mortgage
$579,000
Outstanding Balance
$497,539
Interest Rate
4.22%
Mortgage Type
Construction
Estimated Equity
-$269,872

Purchase Details

Closed on
Jul 28, 2017
Sold by
East Hill Party Store Llc
Bought by
Gecko Properties Llc

Purchase Details

Closed on
May 5, 2014
Sold by
Mercantile Bank Of Michigan
Bought by
Mann Pritpal

Purchase Details

Closed on
Aug 7, 2013
Sold by
Sierra Jose and Sierra Guillermina
Bought by
Mercantile Bank Of Michigan

Purchase Details

Closed on
Jan 22, 2004
Sold by
Cascade Springs Inc
Bought by
Sierra Jose and Sierra Guillermina

Purchase Details

Closed on
Feb 5, 2001
Sold by
Schaafsma Kenneth J
Bought by
Cascade Springs Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2000
Sold by
Burks Burks J J and Burks Schaafsma K
Bought by
Mercantile Schaafsma K and Mercantile Bank Of Michigan

Purchase Details

Closed on
Oct 4, 1996
Bought by
Mercantile Schaafsma K and Mercantile Bank Of Michigan

Purchase Details

Closed on
Sep 6, 1996
Sold by
Schaafsma Schaafsma K K and Schaafsma Burks J
Bought by
Mercantile Burks J and Mercantile Bank Of Michigan

Purchase Details

Closed on
Oct 1, 1990
Sold by
Meeuwenberg Meeuwenberg M M and Meeuwenberg Schaaf
Bought by
Mercantile Bank Of Michigan

Purchase Details

Closed on
Nov 13, 1987

Purchase Details

Closed on
May 10, 1984
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
Real Estate Ventures Llc $772,000 None Available
Gecko Properties Llc $525,000 None Available
Mann Pritpal $19,000 None Available
Mercantile Bank Of Michigan $19,200 None Available
Sierra Jose $55,000 Metropolitan Title Company
Cascade Springs Inc $54,000 --
Mercantile Schaafsma K -- --
Mercantile Schaafsma K $44,000 --
Mercantile Burks J $46,900 --
Mercantile Bank Of Michigan -- --
-- $37,400 --
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Real Estate Ventures Llc $579,000
Previous Owner Cascade Springs Inc $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $98,400 0.0% --
03/09/2018 03/09/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $98,400 -- --
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 $2,818 $104,000 $0 $0
2024 $2,818 $98,700 $0 $0
2023 $2,795 $84,600 $0 $0
2022 $2,656 $71,500 $0 $0
2021 $2,588 $71,100 $0 $0
2020 $2,502 $60,600 $0 $0
2019 $2,561 $48,000 $0 $0
2018 $2,198 $41,500 $0 $0
2017 $1,895 $31,600 $0 $0
2016 $1,508 $28,100 $0 $0
2015 $1,437 $28,100 $0 $0
2013 -- $32,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18008636

Southwestern Michigan Association of REALTORS®

APN: 41-17-12-227-007