J
Seller's Agent in 2024
Joshua Williams
Bellabay Realty LLC
(616) 871-9200
1 in this area
133 Total Sales
6430 Middle Lake Rd Twin Lake, MI 49457
Twin Lake NeighborhoodEstimated Value: $329,000 - $420,000
3
Beds
4
Baths
1,200
Sq Ft
$323/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- 1 Fireplace
About This Home
As of August 2024Discover the perfect blend of serene lakeside living and lucrative investment with this stunning lakefront duplex. With a proven rental history and endless potential, this property is an exceptional opportunity for both owner-occupants and savvy investors.
Property is in an approved short-term rental area. AirDNA projects $33k/unit rental revenue annually; $66k/year for the building. See attachment for projections.
This property isn't just a home; it's a smart investment. With its unbeatable location, great rental history, and high demand for lakefront living, you'll enjoy both immediate returns and long-term appreciation. Don't miss your chance to own a piece of lakeside paradise that's as rewarding as it is beautiful.
Last Agent to Sell the Property
Bellabay Realty LLC License #6501417137 Listed on: 06/19/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,193
Year Built
- Built in 1957
Lot Details
- 4,095 Sq Ft Lot
- Lot Dimensions are 63 x 65
- Private Waterfront
- 63 Feet of Waterfront
Parking
- 4 Parking Spaces
Home Design
- Brick Exterior Construction
- Composition Roof
- Vinyl Siding
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Well
- Septic Tank
- Phone Available
- Cable TV Available
Additional Features
- 1 Fireplace
- Water Access
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electric, trash, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2024
Closed on
Aug 16, 2024
Sold by
Jws Rentals Llc
Bought by
Ackley Michael J
Seller's Agent
Joshua Williams
Bellabay Realty LLC
Buyer's Agent
Sarah Riehl
Five Star Real Estate Whitehall
List Price
$399,900
Sold Price
$382,000
Premium/Discount to List
-$17,900
-4.48%
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,735
Avg. Annual Appreciation
-1.11%
Original Mortgage
$362,900
Interest Rate
6.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 12, 2024
Sold by
Jw Remodeling Llc
Bought by
Jws Rentals Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 24, 2023
Sold by
Gilbert Thomas M and Gilbert Virginia L
Bought by
Jw Remodeling Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 11, 2007
Sold by
Pieczynski Kurt J and Pieczynski Christina
Bought by
Gilbert Thomas M and Gilbert Virgina L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.18%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 14, 2005
Sold by
Postmus Merle and Postmus Linda S
Bought by
Pieczynski Kurt J and Viereck Todd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ackley Michael J | $382,000 | Lighthouse Title | |
| Jws Rentals Llc | -- | Lighthouse Title | |
| Jw Remodeling Llc | $300,000 | None Listed On Document | |
| Gilbert Thomas M | $200,000 | Premier Lakeshore Title Agen | |
| Pieczynski Kurt J | $185,000 | Muskegon Land Title Agency L |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ackley Michael J | $362,900 | |
| Previous Owner | Jws Rentals Llc | $255,000 | |
| Previous Owner | Jw Remodeling Llc | $300,000 | |
| Previous Owner | Gilbert Thomas M | $160,000 | |
| Previous Owner | Pieczynski Kurt J | $166,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2024 08/16/24 | Sold | $382,000 | -3.3% | $318 / Sq Ft |
| 07/03/2024 07/03/24 | Pending | -- | -- | -- |
| 06/26/2024 06/26/24 | Price Changed | $394,900 | -1.3% | $329 / Sq Ft |
| 06/19/2024 06/19/24 | For Sale | $399,900 | -- | $333 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $4,931 | $177,800 | $0 | $0 |
| 2024 | $1,708 | $146,200 | $0 | $0 |
| 2023 | $1,175 | $132,000 | $0 | $0 |
| 2022 | $4,920 | $120,000 | $0 | $0 |
| 2021 | $4,892 | $112,200 | $0 | $0 |
| 2020 | $4,824 | $107,200 | $0 | $0 |
| 2019 | $4,688 | $94,700 | $0 | $0 |
| 2018 | $4,611 | $94,500 | $0 | $0 |
| 2017 | $4,622 | $93,900 | $0 | $0 |
| 2016 | $1,002 | $87,800 | $0 | $0 |
| 2015 | -- | $85,100 | $0 | $0 |
| 2014 | -- | $86,000 | $0 | $0 |
| 2013 | -- | $89,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Williams
-
Sarah Riehl
Buyer's Agent in 2024
Sarah Riehl
Five Star Real Estate Whitehall
(231) 730-0934
6 in this area
165 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24031327
APN: 07-850-000-0005-00
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