NOT LISTED FOR SALE

Estimated Value: $275,000 - $358,000

-- Bed
-- Bath
-- Sq Ft
5,619 Sq Ft Lot

Last Sold April 18, 2018

Last sale price $188,350

Est. 73% increase in value since last sale

Current estimated payment $2,082/month

3 Days on Market

About This Home

As of April 2018

Is there a more appropriate time to buy this 4 plex on SHAMROCK, than on St Patricks Day?! Rare find with this updated 4-unit which is fully rented grossing $2370/mo with tenants paying Electric/Gas. Each unit is 1 bed, 1 bath. Updated interior and vinyl siding will make this Property a great investment. Separate storage units have also been built for the tenants.

Last Agent to Sell the Property

Paul Leason

Berkshire Hathaway HomeServices Michigan Real Estate (South) License #6501388457 Listed on: 03/15/2018

Berkshire Hathaway HomeServices Michigan Real Estate (South)

Last Buyer's Agent

Paul Leason

Berkshire Hathaway HomeServices Michigan Real Estate (South) License #6501388457 Listed on: 03/15/2018

Berkshire Hathaway HomeServices Michigan Real Estate (South)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,710

Year Built

  • Built in 1910

Lot Details

  • 5,619 Sq Ft Lot
  • Lot Dimensions are 40x140

Parking

  • 4 Parking Spaces

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,710

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 199900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5619.0
  • Zoning Description: Res Multi-Fam
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 1710.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
Apr 18, 2018
Sold by
Supermoon Llc
Bought by
Moore Christopher
Seller's Agent
Paul Leason
Berkshire Hathaway HomeServices Michigan Real Estate (South)
Buyer's Agent
Paul Leason
Berkshire Hathaway HomeServices Michigan Real Estate (South)
List Price
$199,900
Sold Price
$188,350
Premium/Discount to List
-$11,550
-5.78%
Total Days on Market
3
Current Estimated Value
$326,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,870
Avg. Annual Appreciation
8.00%
Original Mortgage
$141,262
Outstanding Balance
$123,083
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$203,137

Purchase Details

Closed on
Jul 31, 2017
Sold by
Bullen Randy
Bought by
Supermoon Llc

Purchase Details

Listed on
Sep 15, 2015
Closed on
Nov 5, 2015
Sold by
Kent County Land Bank Authority
Bought by
Bullen Randy
Seller's Agent
Michael Childress
Childress & Associates Realty
Buyer's Agent
Joanna Schlientz
Assist 2 Sell Buyers & Sellers
List Price
$19,000
Sold Price
$23,101
Premium/Discount to List
$4,101
21.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.80%

Purchase Details

Closed on
Jul 16, 2015
Sold by
Kent County Treasurer
Bought by
The City Of Grand Rapids

Purchase Details

Closed on
Jul 14, 2015
Sold by
City Of Grand Rapids
Bought by
Kent County Land Bank Authority

Purchase Details

Closed on
Dec 13, 2011
Sold by
Botello Jaimes Esteban and Botello Jaimes Alejandro
Bought by
Perez Irma

Purchase Details

Closed on
Jan 21, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 9, 2009
Sold by
Lamborne Douglas W and Lamborne Janice L
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Oct 29, 2004
Sold by
Saavedra Leopoldo and Castro Leopoldo Saavedra
Bought by
Lamborne Douglas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2001
Sold by
Scaggs Shawn C and Scaggs Stephanie J
Bought by
Northpointe Bank

Purchase Details

Closed on
Jan 18, 2000
Sold by
Haney Haney S S and Haney Scaggs S
Bought by
Perez Scaggs S and Perez Irma

Purchase Details

Closed on
Nov 7, 1996
Sold by
Mom'S Retirmnt and Haney Mom'S
Bought by
Perez Haney G and Perez Irma

Purchase Details

Closed on
Sep 12, 1996
Bought by
Mom'S Retirement Inc and Perez Irma
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
Moore Christopher $188,350 Essential Title Agency Llc
Supermoon Llc $173,800 Essential Title Agency Llc
Bullen Randy $23,101 Sun Title Agency Of Mi Llc
The City Of Grand Rapids $832,610 None Available
Kent County Land Bank Authority $832,610 None Available
Perez Irma -- None Available
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp $81,128 None Available
Lamborne Douglas W $90,000 --
Northpointe Bank $43,613 --
Perez Scaggs S $19,800 --
Perez Haney G -- --
Mom'S Retirement Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Christopher $141,262
Previous Owner Supermoon Llc $54,120
Previous Owner Lamborne Douglas W $93,750
Previous Owner Lamborne Douglas $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2018 04/18/18 Sold $188,350 -5.8% --
03/18/2018 03/18/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $199,900 +765.3% --
11/05/2015 11/05/15 Sold $23,101 +21.6% --
10/05/2015 10/05/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $19,000 -- --
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
2024 $3,006 $126,400 $0 $0
2023 $2,981 $106,700 $0 $0
2022 $2,834 $93,200 $0 $0
2021 $2,761 $88,400 $0 $0
2020 $2,668 $65,500 $0 $0
2019 $3,044 $51,200 $0 $0
2018 $2,304 $43,500 $0 $0
2017 $1,710 $24,000 $0 $0
2016 $1,284 $27,000 $0 $0
2015 $2,540 $27,000 $0 $0
2013 -- $25,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18009559

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-126-036