$50,000
SOLD DEC 23, 2015
-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Recently Sold

13% Below List Price

25 Days on Market

About This Home

As of June 2020

Great income producer that has had a lot of work done to it such as new windows, Furnace, paint, and flooring. Split utilities. Close to highways and downtown, and even has off street parking and a 2 stall garage.

Last Agent to Sell the Property

Lucas Howard

Keller Williams GR East License #6502359815 Listed on: 10/01/2015

Keller Williams GR East

Last Buyer's Agent

Tom Ralston

Ralston Realty - I License #6504406620

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 43x125

Parking

  • 4 Parking Spaces

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Connected

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1925
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 43x125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 1254.87
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 54500.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1254.87
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jun 26, 2020
Sold by
Union Suites Llc
Bought by
Laulima Fund Llc and Laulima Fund 459 Dickinson Street Se Tr
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Drew Denham
Keller Williams GR North
List Price
$139,900
Sold Price
$129,900
Premium/Discount to List
-$10,000
-7.15%
Current Estimated Value
$230,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,129
Avg. Annual Appreciation
11.82%

Purchase Details

Listed on
Oct 1, 2015
Closed on
Dec 23, 2015
Sold by
Arafat Fahd and Arafat Saad
Bought by
Union Suites Llc
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
Tom Ralston
Ralston Realty - I
List Price
$57,500
Sold Price
$50,000
Premium/Discount to List
-$7,500
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.58%

Purchase Details

Closed on
Feb 27, 2014
Sold by
Green Tree Servicing Llc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Feb 19, 2014
Sold by
Galicia Hipolito
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Jul 10, 2003
Sold by
Cordova Avila Oswaldo
Bought by
Galicia Hipolito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,144
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2001
Sold by
Meyer Patrick A and Meyer Maxine
Bought by
Cordova Avila Oswaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,498
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 1997
Sold by
Brown Est and Brown Meyer P
Bought by
Meyer Patrick A and Galicia Hipolito

Purchase Details

Closed on
Jul 29, 1988
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 Type Sale Price Title Company
Warranty Deed $129,900 None Available
Warranty Deed $50,000 None Available
Quit Claim Deed -- None Available
Sheriffs Deed $98,359 None Available
Warranty Deed $102,000 --
Warranty Deed $64,000 First American Title Ins Co
Warranty Deed $38,400 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,000 Future Advance Clause Open End Mortgage
Previous Owner $102,400 Commercial
Previous Owner $19,200 Credit Line Revolving
Previous Owner $101,144 FHA
Previous Owner $5,000 Commercial
Previous Owner $63,498 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $129,900 -7.1% --
06/12/2020 06/12/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $139,900 +179.8% --
12/23/2015 12/23/15 Sold $50,000 -13.0% --
10/26/2015 10/26/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $57,500 +55.4% --
02/05/2015 02/05/15 Sold $37,000 +16.5% --
12/30/2014 12/30/14 Pending -- -- --
12/03/2014 12/03/14 For Sale $31,750 -- --
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 $4,315 $109,300 $0 $0
2024 $4,315 $101,500 $0 $0
2023 $3,759 $89,900 $0 $0
2022 $3,436 $74,100 $0 $0
2021 $3,481 $66,700 $0 $0
2020 $1,985 $57,300 $0 $0
2019 $2,032 $48,800 $0 $0
2018 $1,970 $41,100 $0 $0
2017 $1,922 $36,100 $0 $0
2016 $1,931 $32,100 $0 $0
2015 $2,458 $32,100 $0 $0
2013 -- $29,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15052721

Southwestern Michigan Association of REALTORS®

APN: 41-18-06-402-031