NOT LISTED FOR SALE

500 N Washington St Lowell, MI 49331

Estimated Value: $298,000 - $338,000

2 Beds
3 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold September 04, 2020

Last sale price $200,000

Est. 58% increase in value since last sale

Current estimated payment $2,073/month

7 Days on Market

About This Home

As of September 2020

Opportunity knocks! Wonderfully updated home in the heart of Lowell - walking distance to main street! This home features an open kitchen with updated cabinets, paint, flooring, fixtures, and finishes. Two bedrooms upstairs with open living area and ample storage in basement. Full live in apartment above two stall garage for additional rent income. Book your showing today! Showings to begin Thursday July 23rd - Offers due following Tuesday.

Last Agent to Sell the Property

Emmett TerBeek

Five Star Real Estate (Rock) License #6501406870 Listed on: 07/22/2020

Five Star Real Estate (Rock)

Last Buyer's Agent

Ann Wasson

Gatehouse Real Estate LLC License #6502382857

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,828

Year Built

  • Built in 1957

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,828

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 179900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3828.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Sep 4, 2020
Sold by
Kurtis Bindus
Bought by
Spangenberg Joshua and Spangenberg Stephanie
Seller's Agent
Emmett TerBeek
Five Star Real Estate (Rock)
Buyer's Agent
Ann Wasson
Gatehouse Real Estate LLC
List Price
$179,900
Sold Price
$200,000
Premium/Discount to List
$20,100
11.17%
Current Estimated Value
$315,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,732
Avg. Annual Appreciation
8.23%
Original Mortgage
$175,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 11, 2015
Closed on
Jan 22, 2016
Sold by
Lance Carl L and Lance Debra E
Bought by
Bindus Kurtis
Seller's Agent
Susan Kazma
Success Realty West Michigan
Buyer's Agent
Mike Kuzawa
Five Star Real Estate (Main)
List Price
$149,900
Sold Price
$139,000
Premium/Discount to List
-$10,900
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$111,200
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Spangenberg Joshua $200,000 None Available
Bindus Kurtis $139,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spangenberg Stephanie $165,000
Closed Spangenberg Joshua $175,000
Previous Owner Bindus Kurtis $111,200
Previous Owner Lance Carl L $128,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $200,000 +11.2% --
07/29/2020 07/29/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $179,900 +29.4% --
01/22/2016 01/22/16 Sold $139,000 -7.3% $114 / Sq Ft
12/06/2015 12/06/15 Pending -- -- --
11/11/2015 11/11/15 For Sale $149,900 -- $123 / Sq Ft
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 $4,228 $153,700 $0 $0
2024 $4,228 $138,600 $0 $0
2023 $5,000 $121,500 $0 $0
2022 $4,790 $97,700 $0 $0
2021 $4,663 $91,500 $0 $0
2020 $3,063 $81,000 $0 $0
2019 $3,783 $73,600 $0 $0
2018 $3,812 $74,300 $0 $0
2017 $3,720 $76,900 $0 $0
2016 $2,702 $75,000 $0 $0
2015 -- $75,000 $0 $0
2013 -- $51,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Emmett TerBeek

    Seller's Agent in 2020

    Emmett TerBeek

    Five Star Real Estate (Rock)

    (616) 240-5945

    140 Total Sales

    Emmett TerBeek
    Section Image
  • Ann Wasson

    Buyer's Agent in 2020

    Ann Wasson

    Gatehouse Real Estate LLC

    (616) 340-6026

    148 Total Sales

    Ann Wasson
    Section Image
  • Susan Kazma

    Seller's Agent in 2016

    Susan Kazma

    Success Realty West Michigan

    (616) 262-0704

    146 Total Sales

    Susan Kazma
    Section Image
  • Mike Kuzawa

    Buyer's Agent in 2016

    Mike Kuzawa

    Five Star Real Estate (Main)

    (616) 293-4218

    99 Total Sales

    Mike Kuzawa
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20028752

Southwestern Michigan Association of REALTORS®

APN: 41-20-02-255-017

Michigan Kent County Lowell 49331

500 N Washington St, Lowell, MI

This home is located at 500 N Washington St, Lowell, MI 49331 since 22 July 2020 and is currently estimated at $315,732. This property was built in 1957. 500 N Washington St is a home located in Kent County with nearby schools including Bushnell Elementary School, Cherry Creek Elementary School, and Lowell 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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