NOT LISTED FOR SALE

60 Sherman Rd Battle Creek, MI 49017

Estimated Value: $316,000 - $495,000

9 Beds
6 Baths
-- Sq Ft
0.68 Acres

Last Sold July 20, 2023

Last sale price $475,000

Est. 7% decrease in value since last sale

Current estimated payment $3,041/month

8 Days on Market

Highlights

  • 1 Fireplace
  • Hot Water Heating System
  • High Speed Internet
  • Brick or Stone Mason

About This Home

As of July 2023

Fantastic ROI on this 6-unit classic! Over $8K in monthly gross income and many long-term tenants. Limited showing avability to accomodate tenants. Call with questions

Last Agent to Sell the Property

Lucas Howard

Keller Williams GR East License #6502359815 Listed on: 04/26/2023

Keller Williams GR East

Co-Listed By

Matt Kepley

Five Star Real Estate (Ada) License #6506047033

Last Buyer's Agent

Lucas Howard

Keller Williams GR East License #6502359815 Listed on: 04/26/2023

Keller Williams GR East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,358

Year Built

  • Built in 1921

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 176 x 165

Parking

  • 14 Parking Spaces

Home Design

  • Brick or Stone Mason
  • Composition Roof
  • Stone

Interior Spaces

  • 1 Fireplace
  • Crawl Space

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Propane
  • Well
  • High Speed Internet
  • Cable TV Available

Community Details

  • 6 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,358

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1921
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Stone
  • List Price: 449900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 14.0
  • General Property Info:Total Parking Spaces: 14.0

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Water Available, Storm Sewer, Broadband, Propane, Extra Well

Lot Info

  • Lot Size Acres: 0.68
  • Lot Size Area: 0.68
  • Lot Dimensions: 176 X 165
  • Lot Size Sq Ft: 29621.0
  • Zoning Description: 0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 5358.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jul 20, 2023
Sold by
His Glory Holdings Llc
Bought by
Next Level Real Estate Investments Llc
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
Lucas Howard
Keller Williams GR East
List Price
$449,900
Sold Price
$475,000
Premium/Discount to List
$25,100
5.58%
Total Days on Market
8
Views
42
Current Estimated Value
$442,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,710
Avg. Annual Appreciation
-3.69%
Original Mortgage
$403,750
Outstanding Balance
$396,358
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$45,932

Purchase Details

Closed on
Feb 22, 2002
Sold by
Jaeger Gordon B and Jaeger Kathryn E
Bought by
Welton Timothy J and Welton Vickie K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Next Level Real Estate Investments Llc $475,000 None Listed On Document
For His Glory Holdings Llc $250,000 None Listed On Document
Welton Timothy J $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open For His Glory Holdings Llc $403,750
Previous Owner Welton Tim $169,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $475,000 +5.6% --
05/04/2023 05/04/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $449,900 -- --
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
2024 $6,835 $145,015 $0 $0
2023 $7,543 $160,027 $0 $0
2022 $5,358 $127,713 $0 $0
2021 $7,167 $110,431 $0 $0
2020 $5,022 $100,478 $0 $0
2019 $4,993 $91,118 $0 $0
2018 $4,993 $88,753 $6,872 $81,881
2017 $4,862 $89,967 $0 $0
2016 $4,849 $75,366 $0 $0
2015 $4,842 $75,353 $0 $0
2014 $4,842 $75,353 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23012854

Southwestern Michigan Association of REALTORS®

APN: 1640-00-008-0