NOT LISTED FOR SALE

576 Houston Ave Unit 1-2 Muskegon, MI 49441

Nelson Neighborhood

Estimated Value: $148,000 - $201,000

5 Beds
2 Baths
-- Sq Ft
0.56 Acres

Last Sold October 30, 2019

Last sale price $83,000

Est. 115% increase in value since last sale

Current estimated payment $1,134/month

41 Days on Market

Highlights

  • 0.56 Acre Lot
  • Forced Air Heating System
  • 5-minute walk to Clara Shepherd Park
  • 1 Fireplace
  • High Speed Internet

About This Home

As of October 2019

Great investment opportunity! Two unit rental in Downtown Muskegon - Unit 1 - 3 bedroom, 1 bath, was remodeled in Fall of 2018. Unit 2 - 3 bedroom, 1 bath was remodeled in Summer of 2019 and has never been lived in. All information represented herein is approximated and individual verification is recommended. Information is not guaranteed - seller has never resided in property. Seller is a licensed Realtor in the State of Michigan.

Last Agent to Sell the Property

Sara Dennison

Berkshire Hathaway HomeServices Michigan Real Estate (Rock) Listed on: 07/30/2019

Last Buyer's Agent

Mike George

Clear Realty Group License #6501402830

Clear Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1800

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 56x132

Home Design

  • Composition Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Propane
  • Well
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Insurance Expense $723

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,269

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1800
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 56x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1268.6
  • Tax Info:Zoning3: R-1
  • 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: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
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Roofing:Metal: Yes
  • Utilities Attached:Extra Well: Yes
  • Utilities Attached:Propane3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 99900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition, Metal
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Wall Furnace, Forced Air, Electric, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Propane Connected, Extra Well Connected, Cable Connected
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.56
  • Lot Size Area: 0.56
  • Lot Dimensions: 56x132
  • Lot Size Sq Ft: 24394.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 723.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1268.6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2020
Sold by
George Michael and George Edmund
Bought by
Meddie Ventures Llc
Current Estimated Value
$178,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,950
Outstanding Balance
$557,824
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$371,235

Purchase Details

Listed on
Jul 30, 2019
Closed on
Oct 28, 2019
Sold by
Dennison Sara
Bought by
George Michael and George Ed
Seller's Agent
Sara Dennison
Berkshire Hathaway HomeServices Michigan Real Estate (Rock)
Buyer's Agent
Mike George
Clear Realty Group
List Price
$124,900
Sold Price
$83,000
Premium/Discount to List
-$41,900
-33.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.91%
Original Mortgage
$62,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2017
Sold by
Scripps Properties Llc
Bought by
Dennison Sara

Purchase Details

Closed on
Dec 20, 2005
Sold by
Theodore W Havermans Living Trust
Bought by
Scripps Properties Llc
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
Meddie Ventures Llc -- None Available
George Michael $83,000 First American Title
Dennison Sara -- None Available
Dennison Sara -- None Available
Scripps Properties Llc -- Harbor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meddie Ventures Llc $622,950
Previous Owner George Michael $62,250
Previous Owner Scripps Properties Llc $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $83,000 -33.5% --
09/09/2019 09/09/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $124,900 -- --
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 $1,964 $69,200 $0 $0
2024 $367 $57,200 $0 $0
2023 $394 $45,100 $0 $0
2022 $2,023 $33,900 $0 $0
2021 $1,991 $31,000 $0 $0
2020 $1,735 $27,200 $0 $0
2019 $1,292 $21,800 $0 $0
2018 $1,263 $19,700 $0 $0
2017 $1,128 $18,400 $0 $0
2016 $208 $17,600 $0 $0
2015 -- $18,800 $0 $0
2014 $204 $20,700 $0 $0
2013 -- $19,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19035934

Southwestern Michigan Association of REALTORS®

APN: 24-205-345-0008-00