NOT LISTED FOR SALE

Estimated Value: $311,000 - $409,588

-- Bed
-- Bath
-- Sq Ft
5,040 Sq Ft Lot

Last Sold September 13, 2023

Last sale price $400,000

Est. 12% decrease in value since last sale

Current estimated payment $2,608/month

23 Days on Market

Highlights

  • 2 Fireplaces
  • 3 Car Garage
  • Level Lot
  • Forced Air Heating System
  • Laundry Facilities
  • Wood Siding

About This Home

As of September 2023

Welcome to 601 Pettibone Ave NW, a nicely updated multi-family property in the popular West Side of town. This property has two buildings with three units. The back building is two stories and features 4 bedrooms and 1.5 bathrooms with a garage. The front building has a large 1 bed 1 bath unit and upstairs is another good sized 1 bed 1 bath unit. All three units have been updated with modern interior finishes. This property is well maintained by current tenants, with two of the three units currently occupied. Enjoy the convenience of having rental income from day one! Market rents are right around $4350. This property is situated close to Holiday Bar, Blue Dog Tavern, and has quick easy access to all that Bridge St. has to offer. parks, and more. Don't miss out on this incredible opportunity - schedule a viewing today!

Last Agent to Sell the Property

Connor Anderson

MOXIE Real Estate + Development License #6506049133 Listed on: 08/02/2023

Last Buyer's Agent

Agent Out Of Area

Out of Area Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,643

Year Built

  • Built in 1880

Lot Details

  • 5,040 Sq Ft Lot
  • Lot Dimensions are 52.5 x 96
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2 Fireplaces
  • Basement
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

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

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,643

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1880
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 52.5 X 96
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4642.56
  • Tax Info:Zoning3: RESIDENTIAL-IMP
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Block, Vinyl Siding, Wood Siding
  • List Price: 415000.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0
  • Extras:Garages: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 52.5 X 96
  • Lot Size Sq Ft: 5040.0
  • Zoning Description: RESIDENTIAL-IMP
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 4642.56
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Sep 13, 2023
Sold by
Grb Properties Llc
Bought by
328 Paris Llc
Seller's Agent
Connor Anderson
MOXIE Real Estate + Development
Buyer's Agent
Agent Out Of Area
Out of Area Office
List Price
$430,000
Sold Price
$400,000
Premium/Discount to List
-$30,000
-6.98%
Views
4
Current Estimated Value
$350,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,123
Avg. Annual Appreciation
-4.91%

Purchase Details

Closed on
Mar 4, 2022
Sold by
Hgrb Holdings Llc
Bought by
Grb Properties Llc

Purchase Details

Closed on
Dec 26, 2020
Sold by
Villatroro Garson Levi and Villatroro Daphne
Bought by
Mclaughlin Joseph W

Purchase Details

Closed on
Nov 6, 2020
Sold by
Hometown Development Company Llc
Bought by
Hgrb Holdings Llc

Purchase Details

Closed on
Oct 26, 2020
Sold by
Villatoro Gerson Levi
Bought by
Hometown Development Company Llc

Purchase Details

Closed on
Sep 29, 2020
Sold by
Repper Dawn and Repper Dorman Dawn
Bought by
Mclaughlin Joseph W

Purchase Details

Closed on
Jan 1, 2014
Sold by
Mclaughlin Joseph W
Bought by
Repper Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 25, 1999
Bought by
Villatoro Villatoro G and Villatoro Daphne Gerson

Purchase Details

Closed on
Oct 29, 1998
Sold by
Mclghl Est and Mclghl Mclghln J
Bought by
Villatoro Mclghln J and Villatoro Daphne Gerson
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
328 Paris Llc $400,000 Bell Title
Grb Properties Llc -- None Listed On Document
Mclaughlin Joseph W -- None Available
Hgrb Holdings Llc -- None Available
Hometown Development Company Llc -- Bell Title Agency
Villatoro Gerson Levi $70,000 Bell Title Agency
Mclaughlin Joseph W -- None Available
Repper Dawn $67,500 None Available
Villatoro Villatoro G $65,900 --
Villatoro Mclghln J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Repper Dawn $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $400,000 -3.6% --
08/11/2023 08/11/23 Pending -- -- --
08/07/2023 08/07/23 Price Changed $415,000 -3.5% --
08/02/2023 08/02/23 For Sale $430,000 0.0% --
08/02/2023 08/02/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $430,000 -- --
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 $8,247 $171,400 $0 $0
2024 $8,247 $165,300 $0 $0
2023 $7,389 $143,300 $0 $0
2022 $5,589 $116,000 $0 $0
2021 $5,099 $97,700 $0 $0
2020 $2,416 $88,700 $0 $0
2019 $2,497 $78,800 $0 $0
2018 $2,407 $59,000 $0 $0
2017 $2,346 $46,000 $0 $0
2016 $2,211 $41,200 $0 $0
2015 $2,106 $41,200 $0 $0
2013 -- $38,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23025660

Southwestern Michigan Association of REALTORS®

APN: 41-13-23-438-022