NOT LISTED FOR SALE

Estimated Value: $310,000 - $331,000

4 Beds
2 Baths
-- Sq Ft
5,358 Sq Ft Lot

Last Sold May 09, 2024

Last sale price $310,000

Est. 4% increase in value since last sale

Current estimated payment $2,225/month

5 Days on Market

Highlights

  • 0.12 Acre Lot
  • Central Air
  • Heating System Uses Natural Gas
  • 1 Fireplace
  • High Speed Internet
  • 4-minute walk to Rosa Parks Green

About This Home

As of May 2024

Nestled in the popular Prospect Park neighborhood, this property offers a unique opportunity for both homeownership and investment. Currently, the total monthly rent is $2,000, with long-standing tenants occupying both units for over five years. Recent upgrades include a newly installed 80-gallon water heater, stainless steel appliances, and new gutters. Moreover, both units boast large bedrooms, each have their own off-street parking, and the lower unit was approved as a short-term rental in 2024. This home is in fantastic shape and would be a great hassle-free property to add to your portfolio or be an awesome opportunity for a buyer to live in one unit and rent out the other. Set up your showing today!

Last Agent to Sell the Property

Justin Gibbons

Encompass-Realtors License #6501430971 Listed on: 04/03/2024

Last Buyer's Agent

Susan Brandsen

Five Star Real Estate-Holland License #6501381444

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,731

Year Built

  • Built in 1913

Lot Details

  • 5,358 Sq Ft Lot

Parking

  • Paved Parking

Home Design

  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Wall Furnace
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, trash collection
  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,731

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1913
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 61ft x 88ft
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 5730.55
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Air Conditioning:Central Air: 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
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Aluminum Siding
  • List Price: 314900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Wall Furnace, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 61ft x 88ft
  • Lot Size Sq Ft: 5358.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas
  • Tenant Pays: Electric, Trash Collection

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5730.55
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
Osborn Claire and Osborn Gregory
Bought by
2018 Claire A Osborn And Gregory T Osborn Rev and Osborn
Current Estimated Value
$321,945

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 9, 2024
Sold by
Rental Holland 517 Llc
Bought by
Osborn Claire and Osborn Gregory
Seller's Agent
Justin Gibbons
Encompass-Realtors
Buyer's Agent
Susan Brandsen
Five Star Real Estate-Holland
List Price
$314,900
Sold Price
$310,000
Premium/Discount to List
-$4,900
-1.56%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%
Original Mortgage
$222,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2021
Sold by
Rattray Richard and Rattray Gail
Bought by
Rental Holland 517 Llc

Purchase Details

Listed on
Aug 12, 2020
Closed on
Sep 14, 2020
Sold by
Dibkey Kirt A and Dibkey Heather
Bought by
Rattray Richard and Rattray Gail
Seller's Agent
Alessandra Bianchi
Coldwell Banker Woodland Schmidt
Buyer's Agent
Alessandra Bianchi
Coldwell Banker Woodland Schmidt
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%

Purchase Details

Closed on
Dec 29, 1999
Sold by
Dibkey Kirt
Bought by
Dibkey Kirt A

Purchase Details

Closed on
Apr 5, 1991
Sold by
Dibkey Kirt
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
2018 Claire A Osborn And Gregory T Osborn Rev -- None Listed On Document
Osborn Claire $310,000 Chicago Title Of Michigan
Rental Holland 517 Llc -- None Listed On Document
Rattray Richard $195,000 Chicago Title Of Mi Inc
Dibkey Kirt A -- --
-- $60,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osborn Claire $222,000
Previous Owner Rattray Richard $126,750
Previous Owner Kirt $81,300
Previous Owner Dibkey Kirt $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $310,000 -1.6% --
04/08/2024 04/08/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $314,900 +61.5% --
09/14/2020 09/14/20 Sold $195,000 -7.1% --
08/25/2020 08/25/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $210,000 -- --
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 $6,110 $136,500 $0 $0
2024 $5,959 $127,800 $0 $0
2023 $5,461 $105,700 $0 $0
2022 $5,461 $95,700 $0 $0
2021 $5,304 $88,500 $0 $0
2020 $3,289 $82,600 $0 $0
2019 $3,265 $76,100 $0 $0
2018 $3,116 $65,800 $0 $0
2017 $3,030 $65,800 $0 $0
2016 $3,030 $60,400 $0 $0
2015 $2,905 $58,100 $0 $0
2014 $2,905 $54,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24015542

Southwestern Michigan Association of REALTORS®

APN: 70-16-32-255-042