NOT LISTED FOR SALE

5575 Wilson Ave Unit 73-75 Hudsonville, MI 49426

Estimated Value: $363,813 - $450,000

-- Bed
-- Bath
-- Sq Ft
0.34 Acres

Last Sold September 30, 2020

Last sale price $269,500

Est. 48% increase in value since last sale

Current estimated payment $2,714/month

5 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • 4 Car Garage
  • South Elementary School Rated A

About This Home

As of September 2020

DING DING DING DING! You have hit the jackpot on this one! This incredible duplex is located right in the heart of Hudsonville! Walking distance to Hudsonville high school and easy access to restaurants, shopping and major expressways. This one has been updated throughout with a roof in 2017, furnaces in 2016, new exterior doors in 2020, replacement windows, and paint. It is ready to go! Owner side is a 2 bedroom 2 full bath with a 1.5 stall garage, screened in porch, deck and patio. Basement has a family room and rec room with a wet bar , laundry and storage. Tenant side is a 2 bedroom 1 bath with private driveway parking, storage shed and full basement. This duplex is located on a very quiet street. Call today, before this opportunity is gone! Buyers to verify all information.

Last Agent to Sell the Property

Brian Hevelhurst

Independence Realty (Belmont) Listed on: 09/04/2020

Co-Listed By

Michael V`Dovick

Independence Realty (Hudsonv)

Last Buyer's Agent

Rachel Major

Keller Williams Realty Rivertown License #6502404425

Keller Williams Realty Rivertown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,095

Year Built

  • Built in 1973

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Garage
  • Driveway

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, trash collection, gas
  • The owner pays for water, sewer

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $700
  • Utility Expense $500
  • Operating Expense $6,400
  • Gross Income $26,400
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,095

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1973
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100 x 150
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 5095.0
  • Tax Info:Zoning3: R-1-A
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Mineral Rights:No: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Aluminum Siding
  • List Price: 279900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Dimensions: 100 x 150
  • Lot Size Sq Ft: 14810.0
  • Zoning Description: R-1-A
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electric, Trash Collection, Gas

Multi Family

  • Gross Income: 26400.0
  • Insurance Expense: 700.0
  • Net Operating Income: 21000.0
  • Number of Units Total: 2
  • Operating Expense: 6400.0

Tax Info

  • Tax Annual Amount: 5095.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Sep 30, 2020
Sold by
Hollis Wyatt
Bought by
Wassink Ryan and Wassink Lauren
Seller's Agent
Brian Hevelhurst
Independence Realty (Belmont)
Buyer's Agent
Rachel Major
Keller Williams Realty Rivertown
List Price
$279,900
Sold Price
$269,500
Premium/Discount to List
-$10,400
-3.72%
Current Estimated Value
$398,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,703
Avg. Annual Appreciation
8.14%

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 8, 2018
Sold by
Szostkowski Stephanie A
Bought by
Hollis Wyatt
Seller's Agent
Katie Karczewski
Keller Williams GR East
Buyer's Agent
Brian Hevelhurst
RE/MAX of Grand Rapids (FH)
List Price
$224,900
Sold Price
$225,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$180,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2004
Sold by
Pastoor Howard C and Pastoor Eileen
Bought by
Szostkowski Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,800
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Wassink Ryan $269,500 None Available
Hollis Wyatt $225,000 None Available
Szostkowski Stephanie A $168,500 Fatic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hollis Wyatt $180,000
Previous Owner Szostkowski Stephanie A $134,800
Closed Szostkowski Stephanie A $33,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2020 09/30/20 Sold $269,500 -3.7% --
09/09/2020 09/09/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $279,900 +24.4% --
06/08/2018 06/08/18 Sold $225,000 0.0% -- View Prior Sale
05/08/2018 05/08/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $224,900 -- --
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 $7,309 $186,900 $0 $0
2024 $7,111 $154,300 $0 $0
2023 $6,781 $144,900 $0 $0
2022 $6,634 $120,000 $0 $0
2021 $6,724 $121,400 $0 $0
2020 $5,099 $109,900 $0 $0
2019 $4,930 $106,100 $0 $0
2018 $3,324 $88,300 $0 $0
2017 -- $87,400 $0 $0
2016 -- $84,000 $0 $0
2015 -- $75,200 $0 $0
2014 -- $70,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20036923

Southwestern Michigan Association of REALTORS®

APN: 70-14-33-102-006