NOT LISTED FOR SALE

Estimated Value: $197,818 - $223,000

4 Beds
4 Baths
2,401 Sq Ft
$87/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $195,000 $81 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,232/month

35 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 3-minute walk to McLaughlin Community Park

About This Home

As of June 2024

Exciting investment alert! This fully occupied 4-unit building offers a lucrative opportunity. Well maintained both inside and out, Unit A features a generous 2-bedroom layout, while units B, C, are D offer comfortable 1-bedroom configurations. With a newer furnace to ensure lower heating bills, this property boasts several other upgrades including replacement windows, vinyl siding, and glass block basement window. The basement provides a separate entrance for storage and mechanicals. Additionally, enjoy the convenience of a fenced extra lot for parking.

Last Agent to Sell the Property

Laura Cole

Keller Williams GR East License #6501383883 Listed on: 03/25/2024

Keller Williams GR East

Last Buyer's Agent

Nora Tan

Greenridge Realty Holland License #6506032917

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1944

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 82 x 132

Parking

  • 12 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,968

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1944
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 82 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1967.79
  • Tax Info:Zoning3: R-3
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 200000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 12.0
  • General Property Info:Total Parking Spaces: 12.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Dimensions: 82 x 132
  • Lot Size Sq Ft: 10454.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 1967.79
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Jun 12, 2024
Sold by
Solr Properties Llc
Bought by
Garza Otoniel
Seller's Agent
Laura Cole
Keller Williams GR East
Buyer's Agent
Nora Tan
Greenridge Realty Holland
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%
Views
10
Current Estimated Value
$206,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,960
Avg. Annual Appreciation
4.61%
Original Mortgage
$191,468
Outstanding Balance
$189,604
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
$16,134

Purchase Details

Closed on
Feb 17, 2022
Sold by
Tanis and Allison
Bought by
Solr Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2021
Sold by
Big Miten Properties Llc
Bought by
Tanis Matt and Tanis Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2019
Sold by
Smith Todd
Bought by
Big Mitten Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 22, 2018
Closed on
Aug 6, 2018
Sold by
67 E Isabella Property Llc
Bought by
Smith Todd M
Seller's Agent
Thomas Serio
Five Star Real Estate
Buyer's Agent
Andy Straub
Five Star Real Estate (Grandv)
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%
Original Mortgage
$75,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2014
Sold by
Lusk Properties Inc
Bought by
67 E Isabella Property Llc

Purchase Details

Closed on
Nov 1, 2010
Sold by
Benedict Stephen
Bought by
Lusk Properties Inc

Purchase Details

Closed on
May 24, 2007
Sold by
Independent Bank West Michigan
Bought by
Benedict Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,889
Interest Rate
7.5%
Mortgage Type
Unknown

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
$37,889
Interest Rate
7.5%
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
$37,889
Interest Rate
7.5%
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
Garza Otoniel $195,000 Lighthouse Title
Solr Properties Llc -- Mike Meyers Plc
Tanis Matt $168,000 Next Door Title Agency Llc
Big Mitten Properties Llc -- None Available
Smith Todd M $10,000 Ata Natl Title Group Llc
67 E Isabella Property Llc -- None Available
Lusk Properties Inc -- None Available
Benedict Stephen $35,750 Metropolitan Title Company
Independent Bank West Michigan -- Rei
Independent Bank West Michigan -- Rei
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garza Otoniel $191,468
Previous Owner Tanis Matt $124,500
Previous Owner Big Mitten Properties Llc $270,000
Previous Owner Big Mitten Properties Llc $237,000
Previous Owner Smith Todd M $75,000
Previous Owner 67 E Isabella Property Llc $200,000
Previous Owner School Forest Properties Llc $75,000
Previous Owner Lusk Properties Inc $75,000
Previous Owner Lusk Properties Inc $19,000
Previous Owner Benedict Stephen $37,889
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $195,000 -2.5% $81 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $200,000 0.0% $83 / Sq Ft
03/24/2024 03/24/24 Off Market $200,000 -- --
02/20/2024 02/20/24 For Sale $200,000 +100.0% $83 / Sq Ft
08/06/2018 08/06/18 Sold $100,000 0.0% $42 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $100,000 -- $42 / 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 $1,254 $92,900 $0 $0
2024 $263 $40,500 $0 $0
2023 $367 $40,900 $0 $0
2022 $1,865 $29,800 $0 $0
2021 $1,301 $27,000 $0 $0
2020 $1,273 $21,500 $0 $0
2019 $1,250 $19,800 $0 $0
2018 $1,034 $20,400 $0 $0
2017 $1,021 $21,000 $0 $0
2016 $188 $19,800 $0 $0
2015 -- $18,800 $0 $0
2014 $184 $18,700 $0 $0
2013 -- $17,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24008420

Southwestern Michigan Association of REALTORS®

APN: 24-205-254-0012-00