NOT LISTED FOR SALE

71 W Broadway Ave Muskegon Heights, MI 49444

Estimated Value: $293,686

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold August 25, 2021

Last sale price $210,000

Est. 40% increase in value since last sale

Current estimated payment $2,037/month

50 Days on Market

About This Home

As of August 2021

Great investment opportunity! This property has 11 units, 8 residential and 3 commercial and 9 of the 11 are occupied. There are 6 residential units that are occupied and two residential units that need rehab. The three commercial units are currently occupied for storage. Brand new roof done in March 2021. Totaled billed rent every month 3750.00. Please see the documents for the financials.

Last Agent to Sell the Property

Nathan VanWyck

Westshore Realty Group License #6506049171 Listed on: 06/22/2021

Last Buyer's Agent

Nathan VanWyck

Westshore Realty Group License #6506049171 Listed on: 06/22/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,332

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 11 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,332

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 285000.0
  • Number of Buildings: 1
  • Roof: Rubber

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 11

Tax Info

  • Tax Annual Amount: 3331.91
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Aug 25, 2021
Sold by
Plymouth Real Estae Incubator Llc
Bought by
Annen Jeremy
Seller's Agent
Nathan VanWyck
Westshore Realty Group
Buyer's Agent
Nathan VanWyck
Westshore Realty Group
Sold Price
$210,000
Current Estimated Value
$293,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,686
Avg. Annual Appreciation
7.97%

Purchase Details

Closed on
Jul 31, 2013
Sold by
Moore Investment Properties Inc
Bought by
Steinway Asset Management Llc
Source: Public Records

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
Annen Jeremy $210,000 None Available
Steinway Asset Management Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $210,000 -26.3% --
07/16/2021 07/16/21 Pending -- -- --
06/22/2021 06/22/21 For Sale -- -- --
06/04/2021 06/04/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $285,000 -- --
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
2025 $4,975 $109,500 $0 $0
2024 $3,689 $80,500 $0 $0
2023 $4,046 $77,100 $0 $0
2022 $5,928 $78,800 $0 $0
2021 $3,365 $45,900 $0 $0
2020 $3,332 $48,500 $0 $0
2019 $3,270 $52,000 $0 $0
2018 $3,194 $42,000 $0 $0
2017 $2,913 $42,000 $0 $0
2016 $1,961 $40,100 $0 $0
2015 -- $46,200 $0 $0
2014 -- $49,500 $0 $0
2013 -- $50,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21019494

Southwestern Michigan Association of REALTORS®

APN: 26-185-213-0001-00