NOT LISTED FOR SALE

5748 Sherwood Dr Portage, MI 49024

Estimated Value: $246,000 - $283,000

-- Bed
1 Bath
-- Sq Ft
0.61 Acres

Last Sold August 20, 2021

Last sale price $212,000

Est. 27% increase in value since last sale

Current estimated payment $1,967/month

5 Days on Market

Highlights

  • 0.61 Acre Lot
  • Angling Road Elementary School Rated A-
  • Baseboard Heating

About This Home

As of August 2021

Nice duplex in convenient North Portage neighborhood with easy access to I-94, shopping and retail. Each unit has similar floorplans with attached 2-car garage. Large lot. 5748 unit is leased until 5/31/2022 and the 5750 is month to month. Half bath and laundry are on lower level and full bath is upstairs.

Last Agent to Sell the Property

Diana Smith

Kal-Creek Real Estate, LLC License #6502399719 Listed on: 06/24/2021

Last Buyer's Agent

Kelly Small

Berkshire Hathaway HomeServices MI License #6501331047

Berkshire Hathaway HomeServices MI

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,113

Year Built

  • Built in 1963

Lot Details

  • 0.61 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Baseboard Heating
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas
  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,113

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 207900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.61
  • Lot Size Area: 0.61
  • Lot Size Sq Ft: 26659.0
  • Zoning Description: R1-B
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4112.68
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 20, 2021
Sold by
Kibbey Family Trust
Bought by
Hehe Teresa
Seller's Agent
Diana Smith
Kal-Creek Real Estate, LLC
Buyer's Agent
Kelly Small
Berkshire Hathaway HomeServices MI
List Price
$207,900
Sold Price
$212,000
Premium/Discount to List
$4,100
1.97%
Current Estimated Value
$268,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,718
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
Dec 5, 2016
Sold by
Kibbey Gerald S and Kibbey Nancy R
Bought by
Gerald S Kibbey and Kibbey Revocabl Nacy R

Purchase Details

Closed on
Feb 4, 2010
Sold by
Whipple Kenneth S and Whipple Amber
Bought by
Kibbey Gerald S

Purchase Details

Closed on
Oct 18, 2005
Sold by
Miller Martha R and Whipple Kenneth S
Bought by
Whipple Kenneth S and Kelley Beth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,400
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
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
Hehe Teresa $212,000 Chicago Title
Gerald S Kibbey -- None Available
Kibbey Gerald S $30,001 None Available
Whipple Kenneth S -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whipple Kenneth S $92,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $212,000 +2.0% --
06/29/2021 06/29/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $207,900 -- --
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 $6,031 $129,000 $0 $0
2024 $6,031 $131,600 $0 $0
2023 $5,747 $108,200 $0 $0
2022 $5,984 $94,800 $0 $0
2021 $4,195 $86,400 $0 $0
2020 $4,113 $71,100 $0 $0
2019 $265 $70,500 $0 $0
2018 $0 $74,800 $0 $0
2017 $0 $66,100 $0 $0
2016 -- $67,200 $0 $0
2015 -- $61,500 $0 $0
2014 -- $59,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21024452

Southwestern Michigan Association of REALTORS®

APN: 10-07500-002-O