D
Seller's Agent in 2017
Denise Maghielse
Real Estate with Maghielse &Co
(616) 977-7790
265 Total Sales
650 E Superior St Wayland, MI 49348
Estimated Value: $307,000 - $460,000
8
Beds
4
Baths
1,972
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- Corner Lot: Yes
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
About This Home
As of June 2017Looking for a solid investment. You have found it. This 4 unit complex has much to offer. Each unit has 2 bedrooms, Great living space, functional kitchen's.,all have their own laundry room. Upper units have decks, lower units have patio's great for entertaining or relaxing. Many upgrades have been done to this property, including Roof, Mechanicals, and interior upgrades to units All units include dishwasher, electric range and refrigerators, newer wall air conditioners. All units have hook up for laundry, tiled entries, lower units have tiled kitchen, one upper unit has Pergo flooring. Unit 1 has a fireplace. Parking is never a issue multiple spots available for tenants and visitors. Great Location is minutes away form 131 for commutes and walking distance to downtown Wayland , Schools , Please view all documents. Updates etc are attached.
Last Agent to Sell the Property
Real Estate with Maghielse &Co Listed on: 05/30/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,200
Year Built
- Built in 1974
Lot Details
- 0.52 Acre Lot
- Lot Dimensions are 108x210
- Corner Lot: Yes
- Level Lot
Parking
- 10 Parking Spaces
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Vinyl Siding
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Natural Gas
- Hot Water Heating System
- Phone Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for water, sewer
- The owner pays for gas
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $1,200
- Operating Expense $3,605
- Gross Income $27,780
- Net Operating Income $18,920
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2017
Closed on
Jun 30, 2017
Sold by
Fairchild Douglas P and Fairchild Cathy A
Bought by
Winger Jerry L and Winger Karen J
Seller's Agent
Denise Maghielse
Real Estate with Maghielse &Co
Buyer's Agent
Gerald Hampel
Greenridge Realty (Cascade)
List Price
$239,900
Sold Price
$229,000
Premium/Discount to List
-$10,900
-4.54%
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
$162,380
Avg. Annual Appreciation
6.95%
Purchase Details
Closed on
Sep 28, 2011
Sold by
Fairchild Douglas P and Fairchild Cathy A
Bought by
Fairchild Douglas P and Fairchild Cathy
Purchase Details
Closed on
Feb 20, 2004
Sold by
Battjes Mark and Battjes Lisa
Bought by
Fairchild Douglas P and Fairchild Cathy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 6, 1998
Sold by
Stoddard Pearl M
Bought by
Mucci Douglas and Mucci Julie A
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 |
|---|---|---|---|
| Winger Jerry L | $229,000 | Chicago Title Of Mi Inc | |
| Fairchild Douglas P | -- | None Available | |
| Fairchild Douglas P | $210,000 | Metropolitan Title Company | |
| Mucci Douglas | $125,000 | -- | |
| Battjes Mark | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fairchild Douglas P | $168,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2017 06/30/17 | Sold | $229,000 | -4.5% | $116 / Sq Ft |
| 06/04/2017 06/04/17 | Pending | -- | -- | -- |
| 05/30/2017 05/30/17 | For Sale | $239,900 | -- | $122 / 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 | $8,334 | $166,200 | $20,200 | $146,000 |
| 2024 | $7,576 | $148,500 | $16,200 | $132,300 |
| 2023 | $7,576 | $154,400 | $16,500 | $137,900 |
| 2022 | $7,576 | $138,100 | $15,100 | $123,000 |
| 2021 | $7,115 | $126,800 | $14,200 | $112,600 |
| 2020 | $7,115 | $121,800 | $14,200 | $107,600 |
| 2019 | $7,510 | $110,800 | $14,200 | $96,600 |
| 2018 | $0 | $119,700 | $14,200 | $105,500 |
| 2017 | $0 | $119,300 | $16,200 | $103,100 |
| 2016 | $0 | $105,600 | $16,200 | $89,400 |
| 2015 | -- | $105,600 | $16,200 | $89,400 |
| 2014 | -- | $90,700 | $9,200 | $81,500 |
| 2013 | -- | $86,000 | $9,200 | $76,800 |
Source: Public Records
Agents Affiliated with this Home
-
Denise Maghielse
-
Gerald Hampel
G
Buyer's Agent in 2017
Gerald Hampel
Greenridge Realty (Cascade)
(616) 299-5496
20 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 17025259
APN: 56-600-011-00
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