NOT LISTED FOR SALE

516 Peach St Whitehall, MI 49461

Estimated Value: $430,947

4 Beds
2 Baths
-- Sq Ft
0.49 Acres

Last Sold September 20, 2013

Last sale price $153,000

Est. 182% increase in value since last sale

Current estimated payment $2,876/month

65 Days on Market

About This Home

As of September 2013

Investment opportunity. 2 duplexes. 4 2 bedroom, 1 bath units. Lower levels are walkouts. Convenient Whitehall location. Buyer to verify all information.

Last Agent to Sell the Property

Tom Monette

Greenridge Realty Muskegon License #6502351305 Listed on: 05/22/2013

Co-Listed By

Karmen McBride

Greenridge Realty Muskegon License #6502351306

Last Buyer's Agent

Tom Monette

Greenridge Realty Muskegon License #6502351305 Listed on: 05/22/2013

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1978

Lot Details

  • 0.49

Parking

  • 8 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • Walk-Out Basement
  • 0.49 Acre Lot

Community Details

  • 2 Buildings

Listing and Financial Details

  • Tenant pays for electricity, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk Out

Exterior Features

  • List Price: 175000.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.49
  • Lot Size Area: 0.49
  • Lot Size Sq Ft: 21344.0

Rental Info

  • Tenant Pays: Electricity, Sewer, Gas

Tax Info

  • Tax Annual Amount: 5291.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2015
Sold by
Gustafson Jeff E and Gustafson Nicole
Bought by
B A P Rentals Llc
Current Estimated Value
$430,947

Purchase Details

Closed on
May 21, 2013
Sold by
Michigan Commerce Bank
Bought by
Micb Real Estate Holdings Llc

Purchase Details

Closed on
Aug 24, 2012
Sold by
Legend Properties Llc
Bought by
Michigan Commerce Bank

Purchase Details

Closed on
Dec 29, 2003
Sold by
Anderson Robert B and Anderson Elaine M
Bought by
Legend 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
$352,000
Interest Rate
5.91%
Mortgage Type
Commercial
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
B A P Rentals Llc -- None Available
Micb Real Estate Holdings Llc -- Rei
Michigan Commerce Bank $138,690 None Available
Legend Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gustafson Jeff E $120,000
Previous Owner Legend Properties Llc $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2013 09/20/13 Sold $153,000 -12.6% --
07/26/2013 07/26/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $175,000 -- --
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 $6,333 $148,500 $0 $0
2024 $2,808 $109,900 $0 $0
2023 $2,678 $101,800 $0 $0
2022 $6,030 $95,200 $0 $0
2021 $5,851 $89,300 $0 $0
2020 $5,787 $89,300 $0 $0
2019 $5,530 $93,100 $0 $0
2018 $5,389 $84,500 $0 $0
2017 $5,503 $86,300 $0 $0
2016 $2,358 $85,200 $0 $0
2015 -- $86,400 $0 $0
2014 -- $87,100 $0 $0
2013 -- $92,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13029534

Southwestern Michigan Association of REALTORS®

APN: 22-675-009-0009-00