NOT LISTED FOR SALE

Estimated Value: $187,000 - $360,000

2 Beds
1 Bath
-- Sq Ft
1.2 Acres

Last Sold August 08, 2023

Last sale price $129,900

Est. 112% increase in value since last sale

Current estimated payment $1,788/month

16 Days on Market

Highlights

  • 1 Fireplace
  • Level Lot
  • Wood Siding
  • Forced Air Heating System

About This Home

As of August 2023

Investor Special! Here is your opportunity to get a multi-family rental unit in Rockford! This home is already zoned for multi-family and has been divided into 3 units. It has great bones and amazing potential! With some sweat equity, you can have an income-producing rental or return to its original glory as a single-family home.
The 1st-floor unit has 3 bedrooms (1 non-conforming) and 1 bathroom. The wall dividing the storage space and living room could be opened again giving this lower apartment over 1,000 square feet of living space!
(See More) The upstairs has been divided into 2 one-bedroom apartments but not finished. It is a blank slate to be finished or remove studs to create your desired layout.
Conveniently located 3 miles from US131 making commuting a breeze!

Last Agent to Sell the Property

Jean Blauser

Key Realty Listed on: 07/09/2023

Last Buyer's Agent

Tim VandenToorn

United Realty Services LLC License #6502392770

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,887

Year Built

  • Built in 1900

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 81.1 x 588 x 81.2 x 585
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 3 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for trash collection, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,887

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 81.1 x 588 x 81.2 x 585
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2887.0
  • Tax Info:Zoning3: R2
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Electric: Yes
  • Lot Description:Level: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 129000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

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: Propane, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well, Public
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.2
  • Lot Size Area: 1.2
  • Lot Dimensions: 81.1 x 588 x 81.2 x 585
  • Lot Size Sq Ft: 52272.0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2887.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2023
Closed on
Aug 8, 2023
Sold by
Olsen Byron O and Olsen Peggy R
Bought by
Fowler Kurtis
Seller's Agent
Jean Blauser
Key Realty
Buyer's Agent
Tim VandenToorn
United Realty Services LLC
List Price
$129,000
Sold Price
$129,900
Premium/Discount to List
$900
0.7%
Views
99
Current Estimated Value
$275,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,878
Avg. Annual Appreciation
44.12%

Purchase Details

Closed on
Apr 27, 2022
Sold by
Olsen Byron O
Bought by
Olsen Byron O and Olsen Byron O
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
Fowler Kurtis $129,900 Ata National Title Group
Olsen Byron O -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Kurtis $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $129,900 +0.7% --
07/13/2023 07/13/23 Pending -- -- --
07/09/2023 07/09/23 For Sale $129,000 0.0% --
07/02/2023 07/02/23 Pending -- -- --
07/02/2023 07/02/23 For Sale $129,000 0.0% --
07/02/2023 07/02/23 Off Market $129,000 -- --
06/27/2023 06/27/23 For Sale $129,000 -- --
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 $3,457 $148,100 $0 $0
2024 $3,457 $83,100 $0 $0
2023 $2,712 $82,400 $0 $0
2022 $2,887 $84,300 $0 $0
2021 $2,886 $79,300 $0 $0
2020 $2,566 $84,900 $0 $0
2019 $2,524 $78,100 $0 $0
2018 $2,761 $66,000 $0 $0
2017 $2,686 $67,100 $0 $0
2016 $2,616 $60,800 $0 $0
2015 -- $60,800 $0 $0
2013 -- $53,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23022498

Southwestern Michigan Association of REALTORS®

APN: 41-07-08-400-001