NOT LISTED FOR SALE

556 Broadway St South Haven, MI 49090

Estimated Value: $409,000 - $827,000

4 Beds
4 Baths
-- Sq Ft
8,746 Sq Ft Lot

Last Sold May 27, 2022

Last sale price $235,000

Est. 130% increase in value since last sale

Current estimated payment $3,788/month

5 Days on Market

About This Home

As of May 2022

Currently, 3 unit investment property located steps from the downtown retail shops, restaurants, and sandy beaches. Main level offers 3BR/2BA with 1 stall garage. Two upper level apartments (2BR/1BA and 1 BR/1BA).

Common laundry area on main floor. Fenced in side yard on this large 66'x132' city lot. Ample parking for the tenants and guests.

Property is zoned B-2 and could be used for general business.

Last Agent to Sell the Property

Michael Dubbink

Coldwell Banker Woodland Schmidt License #6501427937 Listed on: 05/03/2022

Last Buyer's Agent

Ryan Johnson

CENTURY 21 Affiliated License #6501425086

CENTURY 21 Affiliated

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 8,746

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Heating System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 8,746 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 229000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Window Unit(s), Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8746.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 8705.89
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 3, 2022
Sold by
Jennifer Rossignuolo
Bought by
Sohado Rentals Llc
Seller's Agent
Michael Dubbink
Coldwell Banker Woodland Schmidt
Buyer's Agent
Ryan Johnson
CENTURY 21 Affiliated
List Price
$229,000
Sold Price
$235,000
Premium/Discount to List
$6,000
2.62%
Current Estimated Value
$539,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,429
Avg. Annual Appreciation
29.97%

Purchase Details

Listed on
May 3, 2022
Closed on
May 27, 2022
Sold by
Farmer Terry D
Bought by
Rossignuolo Jennifer M
Seller's Agent
Michael Dubbink
Coldwell Banker Woodland Schmidt
Buyer's Agent
Ryan Johnson
CENTURY 21 Affiliated
List Price
$229,000
Sold Price
$235,000
Premium/Discount to List
$6,000
2.62%

Purchase Details

Listed on
Apr 23, 2020
Closed on
Oct 27, 2020
Sold by
Mensinger Van C
Bought by
Frmer Terry D
Seller's Agent
Shawn Wartick
Cressy & Everett Real Estate
Buyer's Agent
Michael Dubbink
Jaqua REALTORS
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.51%
Original Mortgage
$171,830
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2004
Sold by
Pratt Chris
Bought by
Mensinger Van C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,750
Interest Rate
5.74%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 2001
Bought by
Pratt Chris

Purchase Details

Closed on
Nov 15, 2001
Sold by
Calhoun Omar
Bought by
Conseco Financial Serving Corp

Purchase Details

Closed on
May 4, 1999
Sold by
Campagna Ronald G and Campagna Alfreda
Bought by
Omar Calhoun

Purchase Details

Closed on
Oct 30, 1998
Sold by
Campagna Ronald G and Campagna Alfreda
Bought by
Calhoun Omar
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
Sohado Rentals Llc -- None Listed On Document
Rossignuolo Jennifer M $235,000 None Listed On Document
Frmer Terry D $175,000 Chicago Title Of Michigan In
Mensinger Van C $149,000 Metropolitan Title Company
Pratt Chris $90,000 --
Conseco Financial Serving Corp -- --
Omar Calhoun -- --
Calhoun Omar $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frmer Terry D $171,830
Previous Owner Mensinger Van C $138,931
Previous Owner Mensinger Van C $143,115
Previous Owner Mensinger Van C $147,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $235,000 +2.6% --
05/08/2022 05/08/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $229,000 +30.9% --
10/27/2020 10/27/20 Sold $175,000 -12.1% --
08/24/2020 08/24/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $199,000 -- --
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 $9,705 $231,600 $0 $0
2023 $9,638 $194,700 $0 $0
2022 $9,068 $179,400 $0 $0
2021 $8,707 $169,800 $67,900 $101,900
2020 $4,676 $153,200 $63,200 $90,000
2019 $4,502 $116,700 $116,700 $0
2018 $4,401 $110,800 $110,800 $0
2017 $4,286 $109,000 $0 $0
2016 $4,188 $93,200 $0 $0
2015 $2,492 $93,200 $0 $0
2014 $2,485 $82,500 $0 $0
2013 $3,853 $82,900 $82,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22015855

Southwestern Michigan Association of REALTORS®

APN: 80-53-526-001-00