NOT LISTED FOR SALE

6452 Bella Vista Dr NE Rockford, MI 49341

Estimated Value: $710,000 - $933,000

-- Bed
-- Bath
-- Sq Ft
0.47 Acres

Last Sold February 03, 2014

Last sale price $340,000

Est. 135% increase in value since last sale

Current estimated payment $4,881/month

4 Days on Market

Highlights

  • Waterfront
  • End Unit
  • High Speed Internet
  • Crestwood Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of February 2014

Rockford Multi-Family 4 Plex in prime location & condition with zero vacancy's and Net cash Flow of $34,800.00 per year. This Bella Vista Lake Access 4 Plex has never before been on the market. Each Unit features a private patio/deck area, newer carpet/paint, 1 stall garage & central air. Unit 1 is 2 Bedrooms with 1 Full bath with open floor plan- rents for $750.00. Unit 2 is 2+ Bedrooms with 1.5 Baths and finished lower level could be 3rd bedroom - rents for $1000.00. Unit 3 is 3 Bedrooms with 1.5 Baths with open floor plan - rents for $950.00. Unit 4 is 2+ Bedrooms with 2 Baths and open floor plan with finished lower level - rents for $1000.00. Property is landscaped with privacy and easy to maintain. Please allow 24 hours for notice to tenants. Vacancies are rare. All units are in ex

Last Agent to Sell the Property

Sarah Cain

Five Star Real Estate (Celadon) - I Listed on: 10/21/2013

Last Buyer's Agent

Kyle Gummere

Windpoint Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,597

Year Built

  • Built in 1980

Lot Details

  • Waterfront
  • End Unit

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Basement

  • Natural lighting in basement

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas
  • The owner pays for water, sewer

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $3,300
  • Manager Expense $3,600
  • Operating Expense $9,600
  • Gross Income $44,400
  • Net Operating Income $34,800

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,597

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Accessible Mn Flr Be, Accessible Mn Flr Fu
  • Basement: Daylight

Exterior Features

  • Common Walls: End Unit
  • List Price: 349900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Lake Bella Vista
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected, Broadband

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Trash Collection, Gas

Multi Family

  • Gross Income: 44400.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 3300.0
  • Manager Expense: 3600.0
  • Net Operating Income: 34800.0
  • Number of Units Total: 2
  • Operating Expense: 9600.0

Tax Info

  • Tax Annual Amount: 4597.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2020
Sold by
Ksc Investment Llc
Bought by
Katerberg Aaron P
Current Estimated Value
$798,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Outstanding Balance
$282,936
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$456,971

Purchase Details

Listed on
Oct 21, 2013
Closed on
Jan 31, 2014
Sold by
Mekky Ahmed F and Mekky Fawkia S
Bought by
Ksc Investment Llc
Seller's Agent
Sarah Cain
Five Star Real Estate (Celadon) - I
Buyer's Agent
Kyle Gummere
Windpoint Realty LLC
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Katerberg Aaron P $515,000 None Available
Ksc Investment Llc $340,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katerberg Aaron P $386,250
Previous Owner Mekky Ahmed F $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2014 02/03/14 Sold $340,000 -2.8% --
10/25/2013 10/25/13 Pending -- -- --
10/21/2013 10/21/13 For Sale $349,900 -- --
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 $6,377 $264,900 $0 $0
2024 $6,377 $266,500 $0 $0
2023 $6,093 $236,300 $0 $0
2022 $9,494 $196,200 $0 $0
2021 $9,013 $184,300 $0 $0
2020 $4,095 $172,100 $0 $0
2019 $6,545 $166,400 $0 $0
2018 $6,465 $145,700 $17,000 $128,700
2017 $6,333 $141,900 $0 $0
2016 $6,223 $124,200 $0 $0
2015 -- $124,200 $0 $0
2013 -- $94,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sarah Cain

    Five Star Real Estate (Celadon) - I

  • K

    Buyer's Agent in 2014

    Kyle Gummere

    Windpoint Realty LLC

    (616) 293-0702

    8 in this area

    329 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13059837

Southwestern Michigan Association of REALTORS®

APN: 41-11-09-366-041

Michigan Kent County Rockford 49341

6452 Bella Vista Dr NE, Rockford, MI

This home is located at 6452 Bella Vista Dr NE, Rockford, MI 49341 since 21 October 2013 and is currently estimated at $798,495. This property was built in 1980. 6452 Bella Vista Dr NE is a home located in Kent County with nearby schools including Crestwood Elementary School, East Rockford Middle School, and Rockford High School Freshman Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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