NOT LISTED FOR SALE

Estimated Value: $245,000 - $308,000

3 Beds
2 Baths
-- Sq Ft
0.9 Acres

Last Sold September 12, 2022

Last sale price $250,000

Est. 13% increase in value since last sale

Current estimated payment $1,700/month

14 Days on Market

Highlights

  • 0.9 Acre Lot
  • Forced Air Heating and Cooling System
  • Doors are 36 inches wide or more
  • Halls are 36 inches wide or more
  • High Speed Internet

About This Home

As of September 2022

Great investment opportunity! Very clean side by side duplex on a large lot in Coloma.
Both units have 2 bedrooms, 1 bath, living room, dining room with slider to a cement patio. Good size kitchen with access to full basement & laundry.
Central air and electric furnace.
All appliances included for both units, new water softener & hot water heater in Unit A (left side unit).
New washer & sump pump in Unit B.
Storage shed & covered area to enjoy on a picnic on a sunny day. Hurry this won't last long!

Last Listed By

Richard Becht

Realty Executives Instant Equity License #6501364106 Listed on: 07/07/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,214

Year Built

  • Built in 1974

Lot Details

  • 0.9 Acre Lot

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 36 inches wide or more

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, water

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Gross Income $22,100

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,214

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 36 Inch Entrance Doo, 36' or + Hallway

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 265000.0
  • Lot Features: Wooded
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.9
  • Lot Size Area: 0.9
  • Lot Size Sq Ft: 39204.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 22100.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3214.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Sep 12, 2022
Sold by
Becht Richard and Becht Kathleen
Bought by
Nuter Kristina P
Seller's Agent
Richard Becht
Realty Executives Instant Equity
Buyer's Agent
Richard Becht
Realty Executives Instant Equity
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Total Days on Market
14
Current Estimated Value
$283,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,555
Avg. Annual Appreciation
4.76%
Original Mortgage
$150,000
Outstanding Balance
$144,181
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$139,374

Purchase Details

Closed on
Jul 10, 2012
Sold by
Gruntman Douglas and Gruntman Elizabeth J
Bought by
Becht Richard and Becht Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
3.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 5, 2011
Sold by
Gruntman Charlotte
Bought by
Gruntman Charlotte and Gruntman Douglas

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
Nuter Kristina P $250,000 First American Title
Becht Richard -- Multiple
Gruntman Charlotte -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nuter Kristina P $150,000
Previous Owner Becht Richard $105,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $250,000 -5.7% --
07/21/2022 07/21/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $265,000 -- --
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
2024 $1,355 $137,600 $0 $0
2023 $1,291 $118,700 $0 $0
2022 $732 $102,500 $0 $0
2021 $3,214 $89,300 $7,300 $82,000
2020 $3,215 $82,400 $0 $0
2019 $3,202 $65,800 $7,300 $58,500
2018 $2,898 $65,800 $0 $0
2017 $2,884 $65,800 $0 $0
2016 $2,846 $64,200 $0 $0
2015 $2,837 $60,200 $0 $0
2014 $639 $58,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22028250

Southwestern Michigan Association of REALTORS®

APN: 11-08-0021-0003-02-1