NOT LISTED FOR SALE

Estimated Value: $137,129 - $154,000

4 Beds
2 Baths
1,316 Sq Ft
$112/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $142,000 $108 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,075/month

6 Days on Market

Highlights

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

About This Home

As of April 2024

GREAT INVESTMENT OPPORTUNITY WITH THIS WELL MAINTAINED 2 UNIT FAMILY HOME. LOWER HAS 2 BR 1 BATH, UPPER HAS 2 BR 1 BATH. LOWER IS OCCUPIED AT $1000/MO LONGTERM TENANT WHO IS CRRENT ON RENT AND PAYS ON TIME! 24 HR NOTICE TO SHOW FOR OCCUPIED UNIT! UPPER IS REHABBED AND READY TO OCCUPY! COVERED FRONT PORCH & SEPARATE ENTRANCES. SHARED BSMNT. TENANTS PAY ALL UTILITIES!! POTENTIAL $2000 RENT INCOME!! THIS WON'T LAST LONG!

Last Agent to Sell the Property

Stacey Phillips

Vantage Realty Group, LLC License #6501399003 Listed on: 02/28/2024

Vantage Realty Group, LLC

Last Buyer's Agent

Stacey St. Clair

GPM Real Estate by eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x109

Parking

  • 2 Parking Spaces

Home Design

  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,998

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 35X109
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1998.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 150000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Public Water Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 35X109
  • Lot Size Sq Ft: 3920.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1998.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Muysenberg Michael J
Bought by
Muysenberg Michael J and Michael J Muysenberg Revocable Living Trust
Current Estimated Value
$147,782

Purchase Details

Listed on
Feb 28, 2024
Closed on
Apr 19, 2024
Sold by
Metro Shores Mi Acquisitions Llc
Bought by
Muysenberg Michael
Seller's Agent
Stacey Phillips
Vantage Realty Group, LLC
Buyer's Agent
Stacey Phillips
Vantage Realty Group, LLC
List Price
$150,000
Sold Price
$142,000
Premium/Discount to List
-$8,000
-5.33%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$106,500
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2021
Sold by
Investment Realty Services Llc
Bought by
Metro Shores Mi Acquisitions Llc

Purchase Details

Closed on
Jun 29, 2021
Sold by
Investment Realty Services Llc
Bought by
Metro Shores Mi Acquisitions L

Purchase Details

Closed on
Jun 28, 2021
Sold by
Shahar 2018 Llc
Bought by
Investment Realty Services Llc

Purchase Details

Closed on
Feb 1, 2018
Sold by
Investment Realty Services Llc
Bought by
Shahar 2018 Llc

Purchase Details

Closed on
Sep 28, 2017
Sold by
Eetbl Llc
Bought by
Investment Realty Services Llc

Purchase Details

Closed on
Oct 31, 2011
Sold by
Sb Capital Usa Llc
Bought by
Eetbl Llc

Purchase Details

Closed on
May 25, 2011
Sold by
Maas Properties Llc
Bought by
Sb Capital Usa Llc

Purchase Details

Closed on
Sep 24, 2009
Sold by
Jagoda Properties Llc
Bought by
Maas Properties Llc

Purchase Details

Closed on
Sep 23, 2009
Sold by
Jagoda Properties Llc
Bought by
Maas Properties Llc

Purchase Details

Closed on
Apr 20, 2007
Sold by
Jenkins Michael
Bought by
Citimortgage Inc

Purchase Details

Closed on
Feb 8, 2006
Sold by
Force Robert A
Bought by
Jenkins Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 29, 1999
Sold by
Robinson Kenneth G
Bought by
Force Robert A

Purchase Details

Closed on
Nov 13, 1998
Sold by
Patton Pauline E
Bought by
Robinson Kenneth G

Purchase Details

Closed on
Sep 17, 1997
Sold by
Patton P
Bought by
Robinson K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Muysenberg Michael J -- None Listed On Document
Muysenberg Michael $142,000 Michigan Title Insurance Agenc
Muysenberg Michael $142,000 Michigan Title Insurance Agenc
Muysenberg Michael $142,000 Michigan Title Insurance Agenc
Metro Shores Mi Acquisitions Llc $1,123,000 Fidelity National Title
Metro Shores Mi Acquisitions L $1,123,000 None Listed On Document
Investment Realty Services Llc $95,000 First Centennial Ttl Agcy In
Investment Realty Services Llc $95,000 First Centennial Title Agency
Shahar 2018 Llc $76,500 Fidelity National Title
Investment Realty Services Llc $59,000 None Available
Eetbl Llc $54,200 None Available
Sb Capital Usa Llc $15,000 None Available
Maas Properties Llc -- None Available
Maas Properties Llc -- None Available
Citimortgage Inc $54,900 None Available
Jenkins Michael $107,500 Abstract Title Agency
Force Robert A $79,000 --
Robinson Kenneth G $29,900 --
Robinson K $29,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muysenberg Michael $106,500
Previous Owner Jenkins Michael $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold $142,000 -5.3% $108 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $150,000 0.0% $114 / Sq Ft
12/07/2015 12/07/15 Rented $475 0.0% --
10/21/2015 10/21/15 Under Contract -- -- --
09/11/2015 09/11/15 For Rent $475 0.0% --
11/14/2014 11/14/14 Rented $475 -5.0% --
10/31/2014 10/31/14 Under Contract -- -- --
10/13/2014 10/13/14 For Rent $500 -9.1% --
11/11/2013 11/11/13 Rented $550 0.0% --
11/07/2013 11/07/13 Under Contract -- -- --
07/17/2013 07/17/13 For Rent $550 +22.2% --
03/21/2012 03/21/12 Rented $450 -10.0% --
12/05/2011 12/05/11 Under Contract -- -- --
10/14/2011 10/14/11 For Rent $500 -- --
Source: MichRIC

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 $3,580 $51,820 $0 $0
2024 $2,204 $38,440 $0 $0
2023 $2,052 $37,420 $0 $0
2022 $1,998 $28,780 $0 $0
2021 $1,579 $27,130 $0 $0
2020 $1,528 $24,320 $0 $0
2019 $1,474 $21,800 $0 $0
2018 $25 $27,220 $0 $0
2017 $1,022 $27,090 $1,680 $25,410
2016 $1,017 $27,090 $0 $0
2015 -- $24,650 $0 $0
2013 $2,038 $15,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24009495

MichRIC

APN: 12-13-33-259-003