NOT LISTED FOR SALE

488 Florence Rd Constantine, MI 49042

Estimated Value: $252,000 - $334,116

-- Bed
-- Bath
-- Sq Ft
0.56 Acres

Last Sold December 14, 2021

Last sale price $270,000

Est. 10% increase in value since last sale

Current estimated payment $2,082/month

145 Days on Market

Highlights

  • 2 Fireplaces
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of December 2021

Two well maintained duplexes in residential neighborhood with one unit having 3 bedrooms, 1 1/2 baths and main floor laundry and other 2 bedrooms, 1 bath and laundry. Central air in each and ranch unit has 1 car attached garages . Tenants pay all utilities, including water, sewer and trash. These duplexes bring in $2875 month in gross revenue. Another duplex on an adjacent parcel and also adjacent four unit are also available for sale. Total gross monthly income is $7000.

Last Listed By

Garrett Hall

Berkshire Hathaway HomeServices Michigan Real Estate Listed on: 06/17/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2001

Lot Details

  • 0.56 Acre Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2 Fireplaces

Parking

  • 8 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Slab

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 289000.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.56
  • Lot Size Area: 0.56
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 24393.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 9580.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Dec 14, 2021
Sold by
D Perez Properties Llc
Bought by
Butchbaker Bruce and Butchbaker Jane
Seller's Agent
Garrett Hall
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Josh Nagy
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$289,000
Sold Price
$270,000
Premium/Discount to List
-$19,000
-6.57%
Total Days on Market
145
Current Estimated Value
$297,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,705
Avg. Annual Appreciation
3.88%

Purchase Details

Closed on
Mar 21, 2017
Sold by
Schwartz Henry and Schwartz Kendra
Bought by
D Perez Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.17%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 30, 2006
Sold by
Sturgis Bank & Trust Co
Bought by
Schwartz Henry

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
Butchbaker Bruce $270,000 Title Resource Agency
D Perez Properties Llc $240,000 Patrick Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner D Perez Properties Llc $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $270,000 -6.6% --
11/09/2021 11/09/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $289,000 -- --
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
2024 $5,184 $252,300 $10,100 $242,200
2023 $2,056 $236,800 $9,100 $227,700
2022 $2,187 $186,100 $9,100 $177,000
2021 $2,192 $182,800 $10,100 $172,700
2020 $3,820 $171,500 $10,100 $161,400
2019 $9,401 $154,300 $10,100 $144,200
2018 $9,440 $158,200 $10,100 $148,100
2017 $7,444 $147,000 $147,000 $0
2016 -- $142,200 $142,200 $0
2015 -- $136,300 $0 $0
2014 -- $125,400 $125,400 $0
2012 -- $117,600 $117,600 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Garrett Hall

    Berkshire Hathaway HomeServices Michigan Real Estate

  • J

    Seller Co-Listing Agent in 2021

    Jennifer Koski

    Berkshire Hathaway HomeServices Michigan Real Estate

  • Josh Nagy

    Buyer's Agent in 2021

    Josh Nagy

    Berkshire Hathaway HomeServices Michigan Real Estate

    (269) 467-3062

    160 Total Sales

    Josh Nagy
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21023158

Southwestern Michigan Association of REALTORS®

APN: 043-777-028-15

Michigan St. Joseph County Constantine 49042

488 Florence Rd, Constantine, MI

Homes for Sale in Constantine, MI

This home is located at 488 Florence Rd, Constantine, MI 49042 since 17 June 2021 and is currently estimated at $297,705. This property was built in 2001. 488 Florence Rd is a home located in St. Joseph County with nearby schools including Eastside Elementary School, Riverside Elementary School, and Constantine Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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