NOT LISTED FOR SALE

Estimated Value: $588,892 - $655,000

-- Bed
-- Bath
-- Sq Ft
0.33 Acres

Last Sold July 15, 2021

Last sale price $456,000

Est. 34% increase in value since last sale

Current estimated payment $4,379/month

7 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding

About This Home

As of July 2021

Exceptionally well cared for, fully rented 3-unit in Heritage Hill. Tenants are month to month with long-term intentions. Rents have significant upside potential. This would make an exceptional owner occupied, income generating home. Short walks to Medical Mile, Michigan Street Business district, restaurants and pubs. Locking 3-stall garage with additional off street pad parking. Beautiful back yard. Separate electric meters. Gas is owner paid. Open third floor is currently used as tenant storage. Coin-0p Laundry facility in basement. Buyer to confirm all dimensions. Open House Saturday June 26 from noon to 3PM. Other showings by Showingtime appointment with 24 hour notice. Tenant rights apply. No showings before June 25. Owner asks that offers be held until 3PM Thursday July 1.

Last Agent to Sell the Property

Jeff Martin

Coldwell Banker Schmidt Realtors Listed on: 06/24/2021

Coldwell Banker Schmidt Realtors

Last Buyer's Agent

Melisa Utz

Success Realty West Michigan License #6501416652

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,145

Year Built

  • Built in 1910

Lot Details

  • 0.33 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,145

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 424900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.33
  • Lot Size Area: 0.33
  • Lot Size Sq Ft: 14505.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 6145.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 15, 2021
Sold by
Dora M Quittelller Rev Inter Vivos Tr
Bought by
Utz James and Utz Melisa
Seller's Agent
Jeff Martin
Coldwell Banker Schmidt Realtors
Buyer's Agent
Melisa Utz
Success Realty West Michigan
List Price
$424,900
Sold Price
$456,000
Premium/Discount to List
$31,100
7.32%
Current Estimated Value
$610,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,973
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Mar 13, 1992
Sold by
Quttlr Quttlr D D and Ts Quttlr
Bought by
Quittelier Dora M Trust

Purchase Details

Closed on
Sep 15, 1988
Bought by
Quittelier Dora M Trust

Purchase Details

Closed on
Sep 12, 1988
Bought by
Quittelier Dora M Trust
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
Utz James $456,000 Chicago Title Of Mi Inc
Quittelier Dora M Trust -- --
Quittelier Dora M Trust $135,000 --
Quittelier Dora M Trust $79,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $456,000 +7.3% --
07/01/2021 07/01/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $424,900 -- --
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 $12,677 $301,900 $0 $0
2024 $12,677 $278,900 $0 $0
2023 $12,591 $242,000 $0 $0
2022 $12,372 $238,600 $0 $0
2021 $6,119 $212,300 $0 $0
2020 $5,914 $189,600 $0 $0
2019 $6,055 $182,200 $0 $0
2018 $5,870 $166,400 $0 $0
2017 $5,726 $137,300 $0 $0
2016 $5,754 $117,600 $0 $0
2015 $5,482 $117,600 $0 $0
2013 -- $110,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21024457

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-203-008