NOT LISTED FOR SALE

712 Franklin Ave Unit 714 Grand Haven, MI 49417

Estimated Value: $404,000 - $511,000

4 Beds
4 Baths
-- Sq Ft
8,844 Sq Ft Lot

Last Sold July 31, 2014

Last sale price $160,000

Est. 200% increase in value since last sale

Current estimated payment $3,036/month

62 Days on Market

Highlights

  • Forced Air Heating System
  • Mary A. White School Rated A-
  • High Speed Internet

About This Home

As of July 2014

This is a unique property on Grand Haven City's West side. There is a very nice 2 family which has a large 2 bedroom, 1 1/2 bath unit and a studio with long term tenants. Larger unit could be nice owner occupy or cottage. Studio leased through 2014 - 2 bedroom is mo. to mo. Also in back, is a nice 2 bedroom home in good condition with full basement, (2 bedroom has full basement too). All great tenants, home is now on month to month. This property is professionally managed if additional financials are needed. All units have laundry facilities, many improvements made on property!

Last Agent to Sell the Property

Mary Sandberg

RE/MAX Lakeshore License #6501169734 Listed on: 05/30/2014

Last Buyer's Agent

Jody Shoemaker

Capstone Real Estate LLC License #6501372581

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1930

Lot Details

  • 8,844 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof

Utilities

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

Community Details

  • 2 Buildings

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1930
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 174900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

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, Broadband

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8844.0

Rental Info

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

Tax Info

  • Tax Annual Amount: 4600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2014
Closed on
Jul 31, 2014
Sold by
Oetman Harvey and Oetman Bonnie
Bought by
Grand Haven Management Llc
Seller's Agent
Mary Sandberg
RE/MAX Lakeshore
Buyer's Agent
Jody Shoemaker
Capstone Real Estate LLC
List Price
$179,900
Sold Price
$160,000
Premium/Discount to List
-$19,900
-11.06%
Current Estimated Value
$479,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,655
Avg. Annual Appreciation
9.78%

Purchase Details

Closed on
Oct 22, 2004
Sold by
Fassett Jerry L and Fassett Patricia A
Bought by
Oetman Harvey and Oetman Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,700
Interest Rate
5.85%
Mortgage Type
Credit Line Revolving
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
Grand Haven Management Llc $160,000 Premier Lakeshore Title Agen
Oetman Harvey -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harvey $110,000
Previous Owner Oetman Harvey $141,700
Previous Owner Mark Mark A $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $160,000 -11.1% --
07/31/2014 07/31/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $179,900 -- --
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 $6,035 $193,300 $0 $0
2024 $5,847 $196,200 $0 $0
2023 $5,801 $175,300 $0 $0
2022 $5,840 $161,500 $0 $0
2021 $5,716 $160,200 $0 $0
2020 $5,648 $141,200 $0 $0
2019 $5,550 $119,900 $0 $0
2018 $5,301 $102,400 $0 $0
2017 $5,190 $102,400 $0 $0
2016 -- $99,200 $0 $0
2015 -- $93,500 $0 $0
2014 -- $88,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14029552

Southwestern Michigan Association of REALTORS®

APN: 70-03-21-362-001