NOT LISTED FOR SALE

Estimated Value: $365,562 - $522,000

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold September 30, 2019

Last sale price $242,025

Est. 80% increase in value since last sale

Current estimated payment $2,869/month

6 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 3-minute walk to Midtown Green

About This Home

As of September 2019

Victorian 2 unit in a prime downtown location. 2 blocks to Martha's Vineyard and steps to downtown. A Heritage Hill property, but a half block outside of the Hill, meaning no historic district exterior requirements to comply with (example: vinyl replacement windows are allowed). 3 bedrooms down and 2 up. Nice space and floor plans in each unit. Split utilities. Common area laundry room. Front and back entrances for both units. Plenty of off street parking in the back (access by alley). City Certified through 6/15/2024. Currently rented for $1775/MO. Upper is month to month $850/MO. Lower leased through 11/06/2019 $925/MO.

Last Agent to Sell the Property

Beth Leslie

Compass Realty Services License #6501364136 Listed on: 08/21/2019

Last Buyer's Agent

Mitchell Luban

Edison Brokers & Co LLC License #6506047711

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1875

Lot Details

  • 8,712

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 8,712 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,200

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1875
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 220000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: NA
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3200.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2021
Sold by
Broene Richard
Bought by
Richard J Broene Trust and Broene
Current Estimated Value
$435,391

Purchase Details

Listed on
Aug 21, 2019
Closed on
Sep 30, 2019
Sold by
Celeste Peter F and Celeste Nuevo Celeste
Bought by
Broene Richard
Seller's Agent
Beth Leslie
Compass Realty Services
Buyer's Agent
Mitchell Luban
Edison Brokers & Co LLC
List Price
$220,000
Sold Price
$242,025
Premium/Discount to List
$22,025
10.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$181,518
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2015
Sold by
Celeste Peter and Celeste Victoria
Bought by
The Peter F Celeste & Victoria Nuevo Cel

Purchase Details

Listed on
Sep 28, 2013
Closed on
Nov 15, 2013
Sold by
Steffens Robert
Bought by
Celeste Peter and Celeste Victoria
Seller's Agent
Robert Steffens
Five Star Real Estate (Casc) - I
Buyer's Agent
Drew Wodarski
Realty Michigan LLC
List Price
$159,900
Sold Price
$143,000
Premium/Discount to List
-$16,900
-10.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$107,250
Interest Rate
3.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 1995
Sold by
Szczepaniuk Szczepaniuk L L and Szczepaniuk Stffns
Bought by
Celeste Stffns and Celeste Peter Victoria

Purchase Details

Closed on
Sep 16, 1988

Purchase Details

Closed on
Sep 15, 1988
Bought by
Celeste Peter Victoria
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
Richard J Broene Trust -- None Listed On Document
Broene Richard $242,025 Pathway Title Agency Llc
The Peter F Celeste & Victoria Nuevo Cel -- Stewart Title Agency
Celeste Peter $143,000 Stewart Title Agency
Celeste Stffns $73,500 --
-- $59,500 --
Celeste Peter Victoria $35,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Broene Richard $181,518
Previous Owner Celeste Peter $107,250
Previous Owner Steffens Robert S $75,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $242,025 +10.0% --
08/27/2019 08/27/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $220,000 +53.8% --
11/22/2013 11/22/13 Sold $143,000 -10.6% --
10/09/2013 10/09/13 Pending -- -- --
09/28/2013 09/28/13 For Sale $159,900 -- --
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
2025 $6,026 $168,000 $0 $0
2024 $6,026 $158,700 $0 $0
2023 $5,978 $146,300 $0 $0
2022 $5,681 $132,800 $0 $0
2021 $5,535 $119,200 $0 $0
2020 $5,350 $104,600 $0 $0
2019 $3,214 $94,400 $0 $0
2018 $3,214 $87,800 $0 $0
2017 $3,136 $77,700 $0 $0
2016 $3,151 $69,100 $0 $0
2015 $3,002 $69,100 $0 $0
2013 -- $52,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19040618

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-276-010