NOT LISTED FOR SALE

54559 Beechwood Ave Dowagiac, MI 49047

Estimated Value: $222,000 - $264,000

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold August 13, 2018

Last sale price $65,000

Est. 280% increase in value since last sale

Current estimated payment $1,440/month

283 Days on Market

About This Home

As of August 2018

Here is your chance to own a piece of lake living and let it pay for itself. 3 unit. Each unit pays their own utilities! All units are vacant. Located across from the lake but a beautiful view. Very motivated Seller!!

Last Agent to Sell the Property

Lissa Carter

Matthews R.E., LLC Listed on: 10/23/2017

Last Buyer's Agent

Michael Stover

Coldwell Banker Anchor R.E. License #6501309833

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 1940

Lot Details

  • 8,712

Parking

  • 6 Parking Spaces

Home Design

  • Aluminum Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Well
  • Septic System

Additional Features

  • Partial Basement
  • 8,712 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for trash collection, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,397

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: irr
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1397.0
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Util Avail at Street:Electric: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Propane3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 87000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Propane, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Propane
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:Public Access 1 Mile or Less: Yes

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1397.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Aug 3, 2018
Sold by
Jgm Properties Llc
Bought by
Mcarinho Robson
Seller's Agent
Lissa Carter
Matthews R.E., LLC
Buyer's Agent
Michael Stover
Coldwell Banker Anchor R.E.
List Price
$129,000
Sold Price
$65,000
Premium/Discount to List
-$64,000
-49.61%
Current Estimated Value
$247,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,218
Avg. Annual Appreciation
19.90%

Purchase Details

Closed on
Sep 22, 2015
Sold by
Mosier Michael J and Zayzafoon Shaza
Bought by
Jgm Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcarinho Robson $60,000 Meridian Title Corp
Jgm Properties Llc -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2018 08/13/18 Sold $65,000 -49.6% --
08/02/2018 08/02/18 Pending -- -- --
10/23/2017 10/23/17 For Sale $129,000 -- --
Source: MichRIC

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 $1,685 $103,800 $103,800 $0
2024 $486 $90,300 $90,300 $0
2023 $463 $86,100 $0 $0
2022 $441 $68,800 $0 $0
2021 $1,514 $54,900 $0 $0
2020 $423 $51,100 $0 $0
2019 $1,887 $38,700 $0 $0
2018 $322 $34,500 $0 $0
2017 $316 $29,400 $0 $0
2016 $350 $32,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lissa Carter

    Matthews R.E., LLC

  • M

    Buyer's Agent in 2018

    Michael Stover

    Coldwell Banker Anchor R.E.

See All Agents

Map

Source: MichRIC

MLS Number: 17052972

MichRIC

APN: 14-130-115-061-01

Michigan Cass County Dowagiac 49047

54559 Beechwood Ave, Dowagiac, MI

Not Listed for Sale

MultiFamily

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