$139,500
SOLD NOV 18, 2015

56885 S Main St Mattawan, MI 49071

-- Bed
-- Bath
-- Sq Ft
0.6 Acres

Recently Sold

Highlights

  • 198 Feet of Waterfront
  • 0.6 Acre Lot
  • Hot Water Heating System
  • Mattawan Later Elementary School Rated A-
  • Forced Air Heating System
  • 4-minute walk to Mattawan Village Park

About This Home

As of May 2018

This home is located at 56885 S Main St, Mattawan, MI 49071 and is currently priced at $139,500. This property was built in 1950. 56885 S Main St is a home located in Van Buren County with nearby schools including Mattawan Early Elementary School, Mattawan Later Elementary School, and Mattawan Middle School.

Last Agent to Sell the Property

Nancy Fish

Park Place Real Estate License #6502106710 Listed on: 11/24/2015

Last Buyer's Agent

Nancy Fish

Park Place Real Estate License #6502106710 Listed on: 11/24/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,300

Year Built

  • Built in 1950

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 132x198
  • 198 Feet of Waterfront

Parking

  • 5 Parking Spaces

Property Views

  • Water Views

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Log Siding

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Individual Gas Meter
  • Phone Connected

Listing and Financial Details

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

Community Details

Overview

  • 3 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $800
  • Utility Expense $1,400
  • Gross Income $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,300

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1950
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 132X198
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3300.0
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 3.0
  • Roofing:Composition: Yes
  • Heat Type:Forced 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
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 198.0
  • Util Avail at Street:Telephone Line2: Yes
  • Heat Type:Hot Water: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Wood Siding, Brick, Log
  • List Price: 139500.0
  • Number of Buildings: 3
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Payne Creek
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes
  • Exterior Material:Log: Yes

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

  • Heating: Hot Water, Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer

Association/Amenities

  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.6
  • Lot Size Area: 0.6
  • Lot Size Sq Ft: 26136.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 25800.0
  • Insurance Expense: 800.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3300.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
May 14, 2018
Sold by
Hammer Kenneth A
Bought by
Butler William S
Seller's Agent
Kim Williams
RE/MAX of Kalamazoo
Buyer's Agent
Troy D. McKenney
Five Star Real Estate
List Price
$199,900
Sold Price
$187,500
Premium/Discount to List
-$12,400
-6.2%
Current Estimated Value
$342,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,043
Avg. Annual Appreciation
8.62%
Original Mortgage
$140,625
Outstanding Balance
$121,342
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$221,201

Purchase Details

Listed on
Nov 24, 2015
Closed on
Nov 18, 2015
Sold by
Koppers Thomas A and Koppers Marcia A
Bought by
Hammer Kenneth A
Seller's Agent
Nancy Fish
Park Place Real Estate
Buyer's Agent
Nancy Fish
Park Place Real Estate
List Price
$139,500
Sold Price
$139,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Original Mortgage
$111,500
Interest Rate
3.74%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed $187,500 Devon Title Co
Warranty Deed $139,500 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,625 New Conventional
Previous Owner $111,500 Unknown
Previous Owner $175,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $187,500 -6.2% --
03/21/2018 03/21/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $199,900 +43.3% --
11/24/2015 11/24/15 For Sale $139,500 0.0% --
11/18/2015 11/18/15 Sold $139,500 -- --
09/13/2015 09/13/15 Pending -- -- --
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 $2,194 $155,000 $0 $0
2024 $2,194 $153,000 $0 $0
2023 $2,090 $136,100 $0 $0
2022 $6,025 $124,800 $0 $0
2021 $5,809 $102,600 $10,000 $92,600
2020 $5,729 $102,100 $10,000 $92,100
2019 $5,536 $93,700 $93,700 $0
2018 $4,760 $87,100 $87,100 $0
2017 $4,647 $79,000 $0 $0
2016 $4,646 $80,000 $0 $0
2015 $1,939 $80,000 $0 $0
2014 $1,989 $73,600 $0 $0
2013 -- $63,600 $63,600 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kim Williams

    RE/MAX Michigan

  • Troy D. McKenney

    Buyer's Agent in 2018

    Troy D. McKenney

    Five Star Real Estate

    (269) 512-4934

    1 in this area

    111 Total Sales

    Troy D. McKenney
    Section Image

  • T

    Buyer's Agent in 2018

    Troy McKenney

    Coldwell Banker Sneller Real Estate

  • B

    Buyer Co-Listing Agent in 2018

    Brian McDonald

    Five Star Real Estate (Grandv)

  • Nancy Fish

    Seller's Agent in 2015

    Nancy Fish

    Park Place Real Estate

    (269) 998-9332

    16 Total Sales

    Nancy Fish
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15060942

Southwestern Michigan Association of REALTORS®

APN: 80-46-700-082-00

Michigan Van Buren County Mattawan 49071

56885 S Main St, Mattawan, MI

This home is located at 56885 S Main St, Mattawan, MI 49071 and is currently priced at $139,500. This property was built in 1950. 56885 S Main St is a home located in Van Buren County with nearby schools including Mattawan Early Elementary School, Mattawan Later Elementary School, and Mattawan Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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