NOT LISTED FOR SALE

Estimated Value: $246,000 - $294,000

1 Bed
4 Baths
3,971 Sq Ft
$66/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $205,000 $52 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,849/month

35 Days on Market

Highlights

  • 2 Fireplaces
  • 6 Car Garage
  • Level Lot
  • Forced Air Heating System
  • High Speed Internet
  • 3-minute walk to McLaughlin Community Park

About This Home

As of May 2024

: ATTENTION INVESTORS! You will not want to miss out on this golden opportunity! This property includes both a duplex and a 3 bedroom single family home for a total of 3 rental units. Properties cannot be split because of a lack of road frontage per the city. Showings are only allowed on Wednesdays and Saturdays between1:00 and 3:00.

Last Agent to Sell the Property

Robert Bell

Five Star Real Estate (M6) License #6501289416 Listed on: 02/22/2024

Five Star Real Estate (M6)

Last Buyer's Agent

Logan Laperriere

Keller Williams GR East License #6501446085

Keller Williams GR East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,755

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Level Lot

Home Design

  • Composition Roof
  • Rubber Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Parking

  • 6 Car Garage
  • Carport

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Shared Water Meter
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,755

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4754.53
  • Tax Info:Zoning3: R-1
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Roofing:Rubber: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Concrete
  • List Price: 215000.0
  • Lot Features: Level
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition, Rubber
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Concrete: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Garages: Yes
  • Extras:Carports: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Broadband Available, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 4754.53
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
May 6, 2024
Sold by
S & R Shadetree Llc
Bought by
Raya Ricardo
Seller's Agent
Robert Bell
Five Star Real Estate (M6)
Buyer's Agent
Logan Laperriere
Keller Williams GR East
List Price
$214,900
Sold Price
$205,000
Premium/Discount to List
-$9,900
-4.61%
Views
55
Current Estimated Value
$262,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,217
Avg. Annual Appreciation
6.04%
Original Mortgage
$153,750
Outstanding Balance
$151,993
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$69,108

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 30, 2021
Sold by
Vel Properties Llc
Bought by
S & R Shadetree Llc
Seller's Agent
Christopher Hare
RE/MAX West
Buyer's Agent
Robert Bell
Five Star Real Estate (M6)
List Price
$184,900
Sold Price
$175,000
Premium/Discount to List
-$9,900
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$131,250
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 8, 2017
Sold by
Benedict Stephen
Bought by
Vel Properties Llc

Purchase Details

Closed on
Mar 30, 2010
Sold by
Benedict Stephen
Bought by
Jones Tammy M

Purchase Details

Closed on
Apr 20, 2007
Sold by
Gomez Luz C
Bought by
Independent Bank West Michigan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 16, 2007
Sold by
Hamlin Mary K
Bought by
Independent Bank West Michigan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
6.2%
Mortgage Type
Unknown
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
Raya Ricardo $205,000 None Listed On Document
S & R Shadetree Llc $175,000 Premier Lakeshore Ttl Agennc
Vel Properties Llc $39,900 Ata National Title Group
Jones Tammy M -- None Available
Independent Bank West Michigan -- Rei
Independent Bank West Michigan -- Rei
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raya Ricardo $153,750
Previous Owner S & R Shadetree Llc $131,250
Previous Owner Benedict Stephen $61,000
Closed Jones Tammy M $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $205,000 -4.7% $52 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
02/26/2024 02/26/24 Price Changed $215,000 0.0% $54 / Sq Ft
02/22/2024 02/22/24 For Sale $214,900 +22.8% $54 / Sq Ft
07/30/2021 07/30/21 Sold $175,000 -5.4% $44 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $184,900 -- $47 / Sq Ft
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 $5,043 $154,600 $0 $0
2024 $927 $126,700 $0 $0
2023 $886 $98,000 $0 $0
2022 $4,772 $72,000 $0 $0
2021 $2,978 $61,500 $0 $0
2020 $2,912 $49,200 $0 $0
2019 $2,859 $45,300 $0 $0
2018 $3,126 $49,500 $0 $0
2017 $1,912 $50,100 $0 $0
2016 $358 $48,900 $0 $0
2015 -- $42,400 $0 $0
2014 $352 $35,800 $0 $0
2013 -- $33,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24008802

Southwestern Michigan Association of REALTORS®

APN: 24-205-242-0005-00