NOT LISTED FOR SALE

6103 Campus Park Dr SE Unit 6103 and 6101 Kentwood, MI 49508

Princeton Estates Neighborhood

Estimated Value: $354,000 - $418,000

4 Beds
4 Baths
-- Sq Ft
0.31 Acres

Last Sold March 31, 2021

Last sale price $301,000

Est. 27% increase in value since last sale

Current estimated payment $2,556/month

3 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • High Speed Internet
  • East Kentwood High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of March 2021

Great investment opportunity in this side by side tenant occupied duplex near Kentwood Schools! Both units are currently occupied. Unit 6103 $1295/mo, 12 mo lease. Unit 6101 $1400/mo, 6 mo lease. Both units are updated and need NO rent-ready repairs! Updates in Both Sides: New windows, 2 new furnaces, central air, new stoves and dishwashers, enclosed back yard with chain link fence and 6' wooden privacy divider between units. Unit 6101 has also been recently updated with vinyl plank flooring and carpet and updated fixtures and countertops in kitchen and both baths. Utilities are separated and tenant paid. This property has great cash flow and is perfect for a long term investment! Photos taken when units were vacant. No owner occupied, tenants are under lease. 24hr notice

Last Agent to Sell the Property

Maria Tornga

Keller Williams Realty Rivertown License #6501399184 Listed on: 02/18/2021

Keller Williams Realty Rivertown

Co-Listed By

Cherie Smith

Keller Williams Realty Rivertown License #6506047731

Last Buyer's Agent

Medvin Aslanian

Greenridge Realty (Cascade) License #6501409693

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,067

Year Built

  • Built in 1978

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 98x137

Home Design

  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Natural lighting in basement

Parking

  • 6 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,067

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1978
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 98X137
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3066.63
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Substructure:Daylight: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Daylight
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 290000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Broadband

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Dimensions: 98X137
  • Lot Size Sq Ft: 13503.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3066.63
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 31, 2021
Sold by
Gargus Justin
Bought by
Separ Saeid
Seller's Agent
Maria Tornga
Keller Williams Realty Rivertown
Buyer's Agent
Medvin Aslanian
Greenridge Realty (Cascade)
List Price
$290,000
Sold Price
$301,000
Premium/Discount to List
$11,000
3.79%
Current Estimated Value
$381,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,497
Avg. Annual Appreciation
5.41%
Original Mortgage
$225,750
Outstanding Balance
$203,164
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$178,333

Purchase Details

Closed on
Apr 3, 2017
Sold by
Macias Daniel and Macias-Hernandez Estrelia
Bought by
Gargus Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,649
Interest Rate
4.16%
Mortgage Type
FHA
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
Separ Saeid $301,000 None Available
Gargus Justin $162,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Separ Saeid $225,750
Previous Owner Gargus Justin $186,649
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $301,000 +3.8% --
02/21/2021 02/21/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $290,000 -- --
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 $6,304 $165,700 $0 $0
2024 $1,987 $157,800 $0 $0
2023 $1,987 $140,000 $0 $0
2022 $1,987 $130,000 $0 $0
2021 $1,987 $101,100 $0 $0
2020 $1,987 $95,600 $0 $0
2019 $2,372 $89,900 $0 $0
2018 $2,372 $64,000 $12,500 $51,500
2017 $0 $63,200 $0 $0
2016 $0 $57,400 $0 $0
2015 -- $57,400 $0 $0
2013 -- $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21003205

Southwestern Michigan Association of REALTORS®

APN: 41-22-04-126-011