NOT LISTED FOR SALE

502 S Main St Plainwell, MI 49080

Estimated Value: $250,000 - $323,000

3 Beds
1 Bath
2,188 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $192,000 $88 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,959/month

6 Days on Market

About This Home

As of June 2021

3 Unit Rental with a Newer Roof, and siding on the Multi Unit Home along with a Pole Barn that has 3 bays for renting out. All 3 units are rented out for a year and leases will remain with the sale.

Last Agent to Sell the Property

Tyler Milliman

Tyler Milliman Red Wood Realty License #6502391480 Listed on: 04/29/2021

Last Buyer's Agent

Bradley Fuzak

Keller Williams Lakeshore License #6502414116

Keller Williams Lakeshore

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1900

Lot Details

  • 0.25

Parking

  • 3 Parking Spaces

Home Design

  • Aluminum Siding

Utilities

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

Additional Features

  • Crawl Space
  • 0.25 Acre Lot

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

$2,300

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 195000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: Multi Family
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2300.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2022
Sold by
Fuzak Bradley J and Fuzak Andrea A
Bought by
Fuzak Property Holdings Llc
Current Estimated Value
$274,862

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 11, 2021
Sold by
Vanorder Ivana
Bought by
Fuzak Bradley J and Fuzak Andrea A
Seller's Agent
Tyler Milliman
Tyler Milliman Red Wood Realty
Buyer's Agent
Bradley Fuzak
Keller Williams Lakeshore
List Price
$195,000
Sold Price
$192,000
Premium/Discount to List
-$3,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$144,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2017
Closed on
Sep 15, 2017
Sold by
Benson Roderick C and Benson Brooklyn R
Bought by
Vanorder Ivana
Seller's Agent
Mark Doorlag
Doorlag Realty Company
Buyer's Agent
Mark Doorlag
Doorlag Realty Company
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$104,625
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2012
Sold by
Benson Roderick C and Benson Brooklyn R
Bought by
Benson Roderick C and Benson Brooklyn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2003
Sold by
Benson Emily S
Bought by
Benson Roderick C
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
Fuzak Property Holdings Llc -- --
Fuzak Bradley J $192,000 Chicago Title Of Michigan In
Vanorder Ivana $139,500 Nations Title Agency
Benson Roderick C -- Chicago Title
Benson Roderick C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuzak Bradley J $144,000
Previous Owner Vanorder Ivana $104,625
Previous Owner Benson Roderick C $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $192,000 -1.5% $88 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $195,000 +39.3% $89 / Sq Ft
09/15/2017 09/15/17 Sold $140,000 -3.4% $64 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $144,900 -- $66 / 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 $6,022 $116,600 $10,900 $105,700
2024 $5,461 $108,300 $10,900 $97,400
2023 $5,532 $92,100 $10,900 $81,200
2022 $5,461 $83,500 $10,900 $72,600
2021 $3,565 $64,000 $10,900 $53,100
2020 $3,519 $61,200 $10,900 $50,300
2019 $2,305 $56,300 $10,900 $45,400
2018 $0 $51,600 $10,900 $40,700
2017 $0 $52,300 $10,900 $41,400
2016 $0 $48,600 $9,300 $39,300
2015 -- $48,600 $9,300 $39,300
2014 -- $43,100 $9,100 $34,000
2013 -- $42,000 $9,100 $32,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tyler Milliman

    Tyler Milliman Red Wood Realty

    (269) 625-2874

    1 in this area

    96 Total Sales

    Tyler Milliman
    Section Image
  • Bradley Fuzak

    Buyer's Agent in 2021

    Bradley Fuzak

    Keller Williams Lakeshore

    (616) 403-5109

    1 in this area

    108 Total Sales

    Bradley Fuzak
    Section Image
  • Mark Doorlag

    Seller's Agent in 2017

    Mark Doorlag

    Doorlag Realty Company

    (269) 664-6464

    3 in this area

    189 Total Sales

    Mark Doorlag
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21014415

Southwestern Michigan Association of REALTORS®

APN: 55-360-010-00

Michigan Allegan County Plainwell 49080

502 S Main St, Plainwell, MI

This home is located at 502 S Main St, Plainwell, MI 49080 since 29 April 2021 and is currently estimated at $274,862, approximately $125 per square foot. This property was built in 1900. 502 S Main St is a home located in Allegan County with nearby schools including Plainwell High School and Otsego Christian Academy.

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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