NOT LISTED FOR SALE

543 Trowbridge St Allegan, MI 49010

Estimated Value: $126,000 - $186,741

-- Bed
3 Baths
3,066 Sq Ft
$51/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $65,000 $21 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,139/month

2 Days on Market

About This Home

As of June 2019

Investment opportunity in Allegan. This 4 unit has a lot of potential. Seller financing options are available. Call Tim for more details.

Last Agent to Sell the Property

Timothy Fischer

Outshine Realty LLC Listed on: 05/25/2019

Last Buyer's Agent

Nick Breedveld

Jaqua, REALTORS License #6501322081

Jaqua, REALTORS

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,425

Year Built

  • Built in 1945

Lot Details

  • 6,621

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 6,621 Sq Ft Lot

Community Details

  • 4 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,425

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 70000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6621.0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2019
Closed on
Jun 19, 2019
Sold by
Ofield Leasing Llc
Bought by
Bird Kyle and Bird Jennifer
Seller's Agent
Timothy Fischer
Outshine Realty LLC
Buyer's Agent
Nick Breedveld
Jaqua, REALTORS
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%
Current Estimated Value
$156,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,685
Avg. Annual Appreciation
15.69%

Purchase Details

Closed on
Jan 11, 2017
Sold by
Gorden Funeral Residence Inc
Bought by
Ofield Leasing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 3, 2017
Sold by
Vanderveen Boncille
Bought by
Gorden Funeral Residence Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 27, 2014
Sold by
Vanderveen Steven and Vanderveen Mary
Bought by
Gorden Funeral Residence Inc

Purchase Details

Closed on
Oct 14, 2014
Sold by
Vanderveen Boncille and Vanderveen Joseph E
Bought by
Vanderveen Steven and Vanderveen Mary
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
Bird Kyle $65,000 None Available
Ofield Leasing Llc -- Sun Title Agency Of Mi Llc
Gorden Funeral Residence Inc -- Attorney
Gorden Funeral Residence Inc -- None Available
Vanderveen Steven -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ofield Leasing Llc $1,560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2019 06/19/19 Sold $65,000 -7.1% $21 / Sq Ft
05/27/2019 05/27/19 Pending -- -- --
05/25/2019 05/25/19 For Sale $70,000 -- $23 / 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 $3,425 $76,000 $14,400 $61,600
2024 $3,114 $72,700 $13,800 $58,900
2023 $3,217 $61,500 $12,900 $48,600
2022 $3,114 $52,000 $10,900 $41,100
2021 $2,988 $47,700 $8,600 $39,100
2020 $3,438 $54,900 $0 $0
2019 $3,294 $58,100 $6,300 $51,800
2018 $2,804 $51,600 $6,200 $45,400
2017 -- $47,400 $5,200 $42,200
2016 -- $38,100 $4,300 $33,800
2015 -- $38,100 $4,300 $33,800
2014 -- $39,200 $4,300 $34,900
2013 $1,902 $40,300 $4,300 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19022967

Southwestern Michigan Association of REALTORS®

APN: 51-105-069-00