$50,000
SOLD JUL 29, 2016

514 N Gremps St Paw Paw, MI 49079

-- Bed
-- Bath
-- Sq Ft
0.31 Acres

Recently Sold

17% Below List Price

About This Home

As of September 2021

Three unit apartment building in Paw Paw that has two vacant units and one upstairs apartment occupied with a lease through 11/30/16. Good sized lot. Some updates have been made. Main level has 3 bedrooms, living room & dining room. Upstairs, Unit 2 and 3 each have 2 bedrooms. Owner pays sewer, water, gas, trash, and lawn care. Tenant pays for electric & snow removal. Paw Paw Schools. Michigan basement with newer boiler, water heater and water softener. Professionally managed & maintained by Berkshire Hathaway. Must provide 24 hour notice for showings - tenants

Last Agent to Sell the Property

Diane Bornhorst

Berkshire Hathaway HomeServices MI License #6501212733 Listed on: 07/18/2016

Berkshire Hathaway HomeServices MI

Co-Listed By

Lindsay Flynn

Berkshire Hathaway HomeServices MI License #6501366885

Last Buyer's Agent

Pearl Etzwiler

Kalvan Realty License #6504106826

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 102x132

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Parking

  • 6 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Phone Connected
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 102x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2047.0
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Michigan Basement: Yes
  • Heat Type:Steam: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • List Price: 60000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Steam, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer, Cable Connected

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Sq Ft: 13464.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2047.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Sep 13, 2021
Sold by
Adams Rocky
Bought by
Guimond Gabriel
Seller's Agent
Ashley Sayles
Berkshire Hathaway HomeServices MI
Buyer's Agent
Ashley Sayles
Berkshire Hathaway HomeServices MI
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$185,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,073
Avg. Annual Appreciation
5.45%
Original Mortgage
$112,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2016
Closed on
Jul 29, 2016
Sold by
Miller Marlene Monieson
Bought by
Adams Rocky
Seller's Agent
Diane Bornhorst
Berkshire Hathaway HomeServices MI
Buyer's Agent
Pearl Etzwiler
Kalvan Realty
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.78%
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 $150,000 Title Resource Agency
Warranty Deed $50,000 Title Resource Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,000 Credit Line Revolving
Closed $112,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $150,000 0.0% $67 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $150,000 +200.0% $67 / Sq Ft
07/29/2016 07/29/16 Sold $50,000 -16.7% --
07/18/2016 07/18/16 For Sale $60,000 -- --
07/17/2016 07/17/16 Pending -- -- --
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 $2,385 $85,900 $0 $0
2024 $2,385 $78,700 $0 $0
2023 $1,814 $69,500 $0 $0
2022 $4,365 $59,100 $0 $0
2021 $2,789 $62,700 $14,100 $48,600
2020 $2,628 $43,400 $14,100 $29,300
2019 $2,491 $42,600 $42,600 $0
2018 $2,488 $36,700 $36,700 $0
2016 $2,054 $37,700 $0 $0
2015 $914 $37,700 $0 $0
2014 $898 $31,560 $0 $0
2013 -- $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16036847

Southwestern Michigan Association of REALTORS®

APN: 80-47-102-004-00