NOT LISTED FOR SALE

Estimated Value: $814,007

-- Bed
-- Bath
-- Sq Ft
0.59 Acres

Last Sold February 24, 2021

Last sale price $550,000

Est. 48% increase in value since last sale

Current estimated payment $5,121/month

3 Days on Market

Highlights

  • Cooling Available
  • Heating System Uses Steam
  • High Speed Internet

About This Home

As of February 2021

Two 3 bedroom units renting for $850 and &935. Four 2 Bedroom units renting from $775 - $850. Separate gas & elec.. Separate boilers for heat. Seventh elec. for hallways, outside lights.
Five of the six units recently redone with ceramic and or bamboo flooring. All units well maintained.
Wall AC in all units. On site coin laundry; one washer. 2 dryers. 2 stall garage. Off-street parking.
Offers will be presented 01/09/21 9AM

Last Agent to Sell the Property

Anthony DeBartolo

DeBartolo Realty - I License #6502353236 Listed on: 01/06/2021

Last Buyer's Agent

Joe Long

Richter Company License #6506048379

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1970

Lot Details

  • 0.59

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Heating System Uses Steam
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 6 Units

Listing and Financial Details

  • Tenant pays for gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,500

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 499900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Steam
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Zoning Description: multi
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 3500.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Feb 24, 2021
Sold by
Dejong Southside Investments Llc
Bought by
Rich Carbon Llc
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Joe Long
Richter Company
List Price
$499,900
Sold Price
$550,000
Premium/Discount to List
$50,100
10.02%
Current Estimated Value
$814,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,007
Avg. Annual Appreciation
7.42%
Original Mortgage
$412,500
Outstanding Balance
$372,289
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$392,219

Purchase Details

Listed on
Jan 6, 2021
Closed on
Feb 21, 2021
Sold by
Dejong Southside Investments Llc
Bought by
Rich Carbon Llc
Seller's Agent
Anthony DeBartolo
DeBartolo Realty - I
Buyer's Agent
Joe Long
Richter Company
List Price
$499,900
Sold Price
$550,000
Premium/Discount to List
$50,100
10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$372,289
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$392,219

Purchase Details

Closed on
Apr 25, 2018
Sold by
Dejong Family Investments Llc
Bought by
Dejong Southside Investments Llc

Purchase Details

Closed on
Dec 14, 2011
Sold by
Vannoord & Zylstra Llp
Bought by
Dejong Family 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
$235,000
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 22, 2009
Sold by
577 Andover Llc and Dejong Fred J
Bought by
Dejong Family Investments Llc

Purchase Details

Closed on
Dec 14, 2005
Sold by
Van Noord & Zylstra Llp
Bought by
577 Andover Llc

Purchase Details

Closed on
May 29, 2003
Sold by
Dertien Dennis D and Dertien Beth E
Bought by
Van Noord & Zylstra Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2003
Sold by
Vandermey Beatrice
Bought by
Dertien Dennis D and Dertien 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
$275,000
Interest Rate
7%
Mortgage Type
Commercial
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
Rich Carbon Llc $550,000 None Listed On Document
Rich Carbon Llc $550,000 None Available
Dejong Southside Investments Llc -- None Available
Dejong Family Investments Llc $261,000 Lighthouse Title Inc
Dejong Family Investments Llc -- None Available
577 Andover Llc -- --
Van Noord & Zylstra Llp -- --
Dertien Dennis D -- --
Dertien Dennis D $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rich Carbon Llc $412,500
Closed Rich Carbon Llc $412,500
Previous Owner Dejong Family Investments Llc $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $550,000 +10.0% --
01/09/2021 01/09/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $499,900 -- --
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 $9,655 $303,800 $0 $0
2024 $9,655 $290,600 $0 $0
2023 $12,085 $256,500 $0 $0
2022 $11,479 $196,800 $0 $0
2021 $4,394 $164,700 $0 $0
2020 $3,126 $162,000 $0 $0
2019 $4,177 $150,300 $0 $0
2018 $4,088 $112,600 $0 $0
2017 $3,992 $83,700 $0 $0
2016 $3,922 $77,800 $0 $0
2015 $3,879 $77,800 $0 $0
2013 -- $66,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21000339

Southwestern Michigan Association of REALTORS®

APN: 41-18-30-451-022