NOT LISTED FOR SALE

Estimated Value: $258,002 - $404,000

2 Beds
1 Bath
-- Sq Ft
1.32 Acres

Last Sold May 09, 2016

Last sale price $159,700

Est. 99% increase in value since last sale

Current estimated payment $1,982/month

78 Days on Market

Highlights

  • 1 Fireplace
  • Baseboard Heating
  • Wood Siding
  • Cooling System Mounted In Outer Wall Opening
  • 4 Car Garage

About This Home

As of May 2016

Lake Michigan Beach area - very well maintained brick duplex on 1.3 heavily wooded acres with a stream running through. Frontage on M-63 and Beechwood gives about 1,390 feet of road frontage. Recommend buyer survey to confirm. Pictures are from unit on west side. Unit on east side is mirror image. Newer garage doors and roof, kitchens and baths have been replaced, ceramic and carpet flooring. Beautiful views of woods and creek from kitchen, dining, and back deck. Has been rented for $750 - $800 each side for an excellent investment. Or, consider living in half and renting the other half - or use both sides as a family retreat. Hagar Park beach is less than 1/4 mile away. A peek of blue water can be seen across the road when the leaves are off. Both sides currently leased.

Last Agent to Sell the Property

Anson Lovellette

Coast Realty License #6502352436 Listed on: 12/18/2015

Last Buyer's Agent

Christopher Siriano

Siriano Realty License #6504274768

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 1971

Lot Details

  • 1.32 Acre Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Crawl Space

Parking

  • 4 Car Garage
  • Unpaved Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Well
  • Septic System
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,900

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • List Price: 159000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Baseboard, Electric
  • Heating: Yes
  • Sewer: Septic System
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.32
  • Lot Size Area: 1.32
  • Lot Dimensions: irregular, see aerial view.
  • Lot Size Sq Ft: 57499.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3900.16
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2015
Closed on
May 9, 2016
Sold by
First Resource Properties Llc
Bought by
Davis Larry A
Seller's Agent
Anson Lovellette
Coast Realty
Buyer's Agent
Christopher Siriano
Siriano Realty
List Price
$159,000
Sold Price
$159,700
Premium/Discount to List
$700
0.44%
Total Days on Market
78
Current Estimated Value
$317,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,801
Avg. Annual Appreciation
7.86%
Original Mortgage
$156,806
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2010
Sold by
Higgs Bob J and Higgs Suzette
Bought by
First Resource Properties Llc

Purchase Details

Closed on
Nov 8, 2004
Sold by
Estkowski Jacob L and Estkowski Kristen R
Bought by
Higgs Bob J and Higgs Suzette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
May 30, 1997

Purchase Details

Closed on
Oct 1, 1991

Purchase Details

Closed on
Sep 29, 1986
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
Davis Larry A $159,700 First American Title
First Resource Properties Llc -- None Available
Higgs Bob J $162,500 Chicago Title
-- $104,300 --
-- -- --
-- $72,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Larry A $143,995
Closed Davis Larry A $156,806
Previous Owner Higgs Bob J $130,000
Previous Owner Estkowski Jacob L $110,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2016 05/09/16 Sold $159,700 +0.4% --
03/05/2016 03/05/16 Pending -- -- --
12/18/2015 12/18/15 For Sale $159,000 0.0% --
01/31/2012 01/31/12 Rented -- -- --
01/31/2012 01/31/12 Under Contract -- -- --
12/19/2011 12/19/11 For Rent $800 -- --
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 $2,396 $147,200 $0 $0
2024 $1,115 $114,500 $0 $0
2023 $1,062 $104,900 $0 $0
2022 $1,012 $96,900 $0 $0
2021 $2,185 $96,500 $18,500 $78,000
2020 $2,157 $88,800 $0 $0
2019 $2,145 $87,400 $0 $0
2018 $2,295 $93,500 $0 $0
2017 $2,147 $92,200 $0 $0
2016 $2,070 $90,800 $0 $0
2015 $3,900 $158,100 $0 $0
2014 $1,028 $152,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15063533

Southwestern Michigan Association of REALTORS®

APN: 11-10-0015-0001-06-3