NOT LISTED FOR SALE

57 E Division St Sparta, MI 49345

Estimated Value: $212,000 - $257,000

4 Beds
3 Baths
-- Sq Ft
0.3 Acres

Last Sold August 09, 2023

Last sale price $199,900

Est. 16% increase in value since last sale

Current estimated payment $1,571/month

11 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 5-minute walk to Sparta Sports Park
  • Ridgeview Elementary School Rated A-
  • High Speed Internet

About This Home

As of August 2023

Welcome to 57 E Division St, Sparta! This 4 bed, 2.5 bath multi-family home is located at the heart of downtown Sparta! Enjoy passive income with 2 large units totaling 1,900sqft on a big lot with plenty of off-street parking. Utilities are split as well as the water heaters for the resident's convenience. This home is located at a prime destination, near many local Sparta restaurants and shops. Schedule your showing today!

Last Agent to Sell the Property

Aidan O'Dell

Place Real Estate License #6501442305 Listed on: 04/07/2023

Co-Listed By

Kyle Westrate

United Realty Services LLC License #6501413577

Last Buyer's Agent

Felicia Kelley

EXP Realty LLC License #6501421794

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,273

Year Built

  • Built in 1910

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 66x197

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Shared Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,273

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x197
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1272.66
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 194900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Cable Available, Natural Gas Connected, Water Available, Sewer Available, Broadband

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Dimensions: 66x197
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1272.66
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Aug 22, 2023
Sold by
Beeke Investments Llc
Bought by
Lentine Zachary
Seller's Agent
Aidan O'Dell
Place Real Estate
Buyer's Agent
Felicia Kelley
EXP Realty LLC
List Price
$199,900
Sold Price
$199,900
Views
100
Current Estimated Value
$232,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,168
Avg. Annual Appreciation
9.53%
Original Mortgage
$201,777
Outstanding Balance
$197,959
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$41,838

Purchase Details

Closed on
Mar 31, 2023
Sold by
Loomis Lorraine Ann
Bought by
Beeke Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2023
Sold by
Williams Michael Ralph
Bought by
Loomis Lorraine Ann
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
Lentine Zachary $205,500 Irongate Title Agency
Beeke Investments Llc $155,000 Irongate Title Agency Llc
Loomis Lorraine Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lentine Zachary $201,777
Previous Owner Beeke Investments Llc $170,000
Previous Owner Williams Michael R $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $199,900 +2.6% --
04/18/2023 04/18/23 Pending -- -- --
04/17/2023 04/17/23 Price Changed $194,900 -2.5% --
04/07/2023 04/07/23 For Sale $199,900 -- --
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 $3,478 $110,400 $0 $0
2024 $3,478 $103,500 $0 $0
2023 $2,397 $97,600 $0 $0
2022 $2,213 $78,300 $0 $0
2021 $2,151 $73,600 $0 $0
2020 $1,729 $70,600 $0 $0
2019 $1,490 $66,100 $0 $0
2018 $2,051 $56,700 $0 $0
2017 $3,158 $51,500 $0 $0
2016 $1,939 $49,300 $0 $0
2015 -- $49,300 $0 $0
2013 -- $46,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23010232

Southwestern Michigan Association of REALTORS®

APN: 41-05-14-351-028