NOT LISTED FOR SALE

Estimated Value: $214,000 - $233,000

4 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold September 15, 2021

Last sale price $140,000

Est. 62% increase in value since last sale

Current estimated payment $1,725/month

9 Days on Market

About This Home

As of September 2021

Duplex to only be sold with adjacent listing at 532 S Westnedge, MLS#21025985 for a total of $335,000. Craftsman style duplex located in the Vine Street neighborhood. Both apartments are 2 bedrooms, 1 bath & offer classic historical charm. Great location to walk to work, restaurants & downtown! Both apartments have separate basement access with W/D hookup. The main level features original hardwood flooring & woodwork. Enjoy the evenings on the covered front porch! The 2nd floor apartment has a main floor entry/mudroom & also boasts original woodwork. Plenty of privacy on the back 3-season room overlooking the beautifully landscaped garden area. The large kitchen has a very unique style with a wall hung enameled sink. All electrical has been updated. Excellent investment opportunity!

Last Agent to Sell the Property

Daniel Wood

Doorlag Realty Company License #6501375682 Listed on: 07/05/2021

Last Buyer's Agent

Maureen Kelly

Berkshire Hathaway HomeServices MI License #6501322406

Berkshire Hathaway HomeServices MI

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,780

Year Built

  • Built in 1876

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Stucco

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace
  • Window Unit Heating System
  • Baseboard Heating
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,780

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1876
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Stucco
  • List Price: 335000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Window Unit(s), Central Air
  • Cooling: Yes
  • Heating: Wall Furnace, Forced Air, Baseboard
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3485.0
  • Zoning Description: RM-15
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2780.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Sep 18, 2021
Sold by
Mcivor Charlotte
Bought by
Minto Tomas and Deboer Joshua
Seller's Agent
Daniel Wood
Doorlag Realty Company
Buyer's Agent
Maureen Kelly
Berkshire Hathaway HomeServices MI
List Price
$335,000
Sold Price
$140,000
Premium/Discount to List
-$195,000
-58.21%
Current Estimated Value
$226,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,496
Avg. Annual Appreciation
12.65%
Original Mortgage
$128,000
Outstanding Balance
$116,470
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$110,026
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
Minto Tomas $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minto Tomas $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $140,000 -58.2% --
07/14/2021 07/14/21 Pending -- -- --
07/05/2021 07/05/21 For Sale $335,000 -- --
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
2025 $6,234 $123,700 $0 $0
2024 $2,583 $111,500 $0 $0
2023 $2,462 $96,700 $0 $0
2022 $5,654 $81,700 $0 $0
2021 $2,833 $73,700 $0 $0
2020 $2,780 $66,400 $0 $0
2019 $2,677 $54,800 $0 $0
2018 $2,615 $46,600 $0 $0
2017 $2,638 $43,700 $0 $0
2016 $2,638 $39,500 $0 $0
2015 $2,638 $39,600 $0 $0
2014 $2,638 $37,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21025984

Southwestern Michigan Association of REALTORS®

APN: 06-21-244-002