NOT LISTED FOR SALE

61 State St Middleville, MI 49333

Estimated Value: $160,178 - $285,000

Studio
2 Baths
-- Sq Ft
31,799 Sq Ft Lot

Sale Details

Date Sold: December 16, 2016

Last sale price $98,800

Est. 131% increase in value since last sale

Current estimated payment $1,665 / mo

23 Days on Market

Highlights

  • 0.73 Acre Lot
  • Baseboard Heating
  • 5-minute walk to Stagecoach Park
  • Thornapple Kellogg High School Rated 9+
  • High Speed Internet

About This Home

As of December 2016

Great opportunity to own a cash flowing rental property in the Village of Middleville. Newer built duplex with established tenants. Live in one side and let the other pay your mortgage. Could also be converted in a single family 4 bed 2 bath home easily. All utilities are metered separately including water/sewer.

Last Agent to Sell the Property

Jacob Thomas

United Realty Services LLC Listed on: 07/27/2016

Last Buyer's Agent

Diana Snyder

Stonebridge Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1980

Lot Details

  • 31,798 Sq Ft Lot
  • Lot Dimensions are 97.4x301

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Crawl Space

Utilities

  • No Cooling
  • Baseboard Heating
  • High Speed Internet
  • Internet Available
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units
  • Insurance Expense $500

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,200

Year Built

Built in 1980

Lot Details

0.73 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1980
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 97.4x301
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 2200.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Crawl Space: Yes
  • Heat Type:Baseboard: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 99900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Baseboard, Electric
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Public Water, Broadband
  • Water Source: Public
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.73
  • Lot Size Area: 0.73
  • Lot Size Sq Ft: 31798.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection, Sewer

Multi Family

  • Insurance Expense: 500.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2200.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
Teal Brook Properties Llc
Bought by
Blue Stream Capital Llc
Current Estimated Value
$228,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$112,543
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$115,502

Purchase Details

Closed on
Feb 1, 2022
Sold by
Sapkota Pingal R
Bought by
Teal Brook Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2022
Sold by
Sapkota Pingal R
Bought by
Teal Brook Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2016
Closed on
Dec 16, 2016
Sold by
Lanning Carrie and Kane Kurt
Bought by
Sapkota Pingal R
Seller's Agent
Jacob Thomas
United Realty Services LLC
Buyer's Agent
Diana Snyder
Stonebridge Realty LLC
List Price
$99,900
Sold Price
$98,800
Premium/Discount to List
-$1,100
-1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$95,502
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2016
Sold by
Brazelton Kris and Brazelton Joe
Bought by
Lanning Carrie and Kane Kurt

Purchase Details

Closed on
Aug 21, 2015
Sold by
Lanning Carrie and Lanning Carrie E
Bought by
Brazelton Kris

Purchase Details

Closed on
Jul 16, 2014
Sold by
Rockel Ii James A and Rockel Velda
Bought by
Lanning Carrie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 1997
Bought by
Rockel Ii James A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blue Stream Capital Llc -- Nations Title Agency
Teal Brook Properties Llc $90,000 Nations Title Agency
Teal Brook Properties Llc $90,000 Nations Title Agency
Sapkota Pingal R $98,800 Bell Title Agency
Lanning Carrie -- None Available
Brazelton Kris -- Sun Title Agency Of Mi Llc
Lanning Carrie E $86,000 Independent Title Svcs Inc
Rockel Ii James A $97,000 --
Rockel Ii James A $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Stream Capital Llc $120,000
Previous Owner Teal Brook Properties Llc $110,250
Previous Owner Teal Brook Properties Llc $110,250
Previous Owner Sapkota Pingal R $95,502
Previous Owner Lanning Carrie E $64,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2016 12/16/16 Sold $98,800 -1.1% --
08/19/2016 08/19/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $99,900 -- --
Source: MichRIC

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 $5,361 $117,000 $0 $0
2024 $5,361 $107,800 $0 $0
2023 $3,554 $83,400 $0 $0
2022 $887 $83,400 $0 $0
2021 $3,554 $76,800 $0 $0
2020 $2,872 $73,300 $0 $0
2019 $2,872 $71,600 $0 $0
2018 $2,831 $65,000 $15,700 $49,300
2017 $2,831 $65,000 $0 $0
2016 -- $59,100 $0 $0
2015 -- $54,200 $0 $0
2014 -- $54,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 16038732

MichRIC

APN: 41-063-001-10

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