NOT LISTED FOR SALE

Estimated Value: $220,734 - $270,000

-- Bed
-- Bath
-- Sq Ft
6,600 Sq Ft Lot

Last Sold August 28, 2017

Last sale price $72,000

Est. 232% increase in value since last sale

Current estimated payment $1,485/month

7 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding

About This Home

As of August 2017

Turn-key professionally managed up/down duplex with matching floorplans available for sale. Current rents are $627/mo and $650/mo both of which could be increased due to the general rental cost increase as seen elsewhere in the area. Lots of updating over the last 10 years. Pending contract in process, showings on hold for time being.

Last Agent to Sell the Property

Patrick Coffin

Urban Pharm LLC License #6502366822 Listed on: 07/17/2017

Last Buyer's Agent

Doug Mol

Five Star Real Estate (Main)

Five Star Real Estate (Main)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 6,600

Parking

  • 3 Parking Spaces

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 6,600 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1932
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x132 feet
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1825.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: 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
  • Substructure:Michigan Basement: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 79900.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6600.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1825.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2017
Closed on
Aug 23, 2017
Sold by
Wagenbert Marc A
Bought by
Tmrk Family Llc
Seller's Agent
Patrick Coffin
Urban Pharm LLC
Buyer's Agent
Doug Mol
Five Star Real Estate (Main)
List Price
$79,900
Sold Price
$72,000
Premium/Discount to List
-$7,900
-9.89%
Current Estimated Value
$238,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,684
Avg. Annual Appreciation
15.89%

Purchase Details

Closed on
Nov 9, 2012
Sold by
Oakdale Investment Company
Bought by
Wagenborg Marc A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
3.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2008
Sold by
Marlin Exchange Llc
Bought by
Oakdale Investment Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2007
Sold by
Wagenborg Marc and Wagenborg Linda
Bought by
Marlin Exchange

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2006
Sold by
Harrell Derrick Lynn
Bought by
Wells Fargo Bank Na and Asset Backed Pass Through Certificates S

Purchase Details

Closed on
Mar 22, 2005
Sold by
Matthews Brenda
Bought by
Harrell Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 1999
Sold by
Edison Edison L L and Edison Rivera A
Bought by
Wagenborg Rivera A and Wagenborg Marc A

Purchase Details

Closed on
Apr 2, 1993

Purchase Details

Closed on
Jan 13, 1993

Purchase Details

Closed on
Oct 23, 1992

Purchase Details

Closed on
Apr 23, 1992

Purchase Details

Closed on
Nov 14, 1989

Purchase Details

Closed on
Jan 12, 1987
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
Tmrk Family Llc $71,500 Sun Title Agency Of Michigan
Wagenborg Marc A -- Bell Title Agency
Oakdale Investment Co -- None Available
Marlin Exchange -- None Available
Wells Fargo Bank Na $80,884 None Available
Harrell Derrick $86,000 --
Wagenborg Rivera A $26,000 --
-- $10,500 --
-- -- --
-- -- --
-- $28,400 --
-- $23,900 --
-- $10,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wagenborg Marc A $70,500
Previous Owner Wagenborg Marc A $68,000
Previous Owner Wagenborg Marc $48,000
Previous Owner Harrell Derrick $77,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2017 08/28/17 Sold $72,000 -9.9% --
07/24/2017 07/24/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $79,900 -- --
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 $2,242 $99,900 $0 $0
2024 $2,242 $91,400 $0 $0
2023 $2,224 $81,400 $0 $0
2022 $2,114 $67,900 $0 $0
2021 $2,060 $61,600 $0 $0
2020 $1,991 $52,900 $0 $0
2019 $1,976 $45,000 $0 $0
2018 $1,976 $37,300 $0 $0
2017 $1,432 $31,400 $0 $0
2016 $1,439 $28,000 $0 $0
2015 $1,371 $28,000 $0 $0
2013 -- $27,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17035274

Southwestern Michigan Association of REALTORS®

APN: 41-18-06-278-030