J
Seller's Agent in 2016
John Valenziano
Coldwell Banker Woodland Schmidt
71555 Michigan 43 South Haven, MI 49090
--
Bed
--
Bath
--
Sq Ft
7.6
Acres
Highlights
- Forced Air Heating System
- Baseboard Heating
- Wood Siding
About This Home
As of February 2016Good income potential with 6 rental units on almost 8 acres of land in South Haven Township. Property also features 1800 sq. foot meeting hall and laundry building. Bank owned property being sold as-is and where-is, with varying degrees of repairs and cleaning needed for each unit. Rents have ranged from $500-$600. Buyer/Buyer's agent should confirm all information included in this listing. Could be sold as package deal with 5 unit multi-family on Blue Star Hwy, MLS 15045557.
Last Agent to Sell the Property
John Valenziano
Coldwell Banker Woodland Schmidt Listed on: 09/30/2015
Co-Listed By
Gerald Lampman
Berkshire Hathaway HomeServices Michigan Real Estate License #6501327179
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1935
Lot Details
- 7.6
Parking
- 12 Parking Spaces
Home Design
- Composition Roof
- Wood Siding
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Baseboard Heating
- Well
- Septic System
- Phone Connected
- Cable TV Available
Additional Features
- Crawl Space
- 7.6 Acre Lot
Community Details
- 8 Buildings
- 6 Units
Listing and Financial Details
- REO, home is currently bank or lender owned
- Tenant pays for gas
- The owner pays for water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2015
Closed on
Feb 12, 2016
Sold by
Sturgis Bank & Trust Company
Bought by
Properties Extraordinaire Llc
Seller's Agent
John Valenziano
Coldwell Banker Woodland Schmidt
Buyer's Agent
Amanda Soukup
Jaqua REALTORS
List Price
$120,000
Sold Price
$80,000
Premium/Discount to List
-$40,000
-33.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$51,053
Interest Rate
3.97%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 20, 2014
Sold by
Villa Eugenio and Villa Teresa
Bought by
Strugis Bank & Trust Company
Purchase Details
Closed on
Aug 31, 2005
Sold by
Cummins Dan and Cummins Betty
Bought by
Villa Eugenio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
5.89%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 27, 1998
Sold by
Bloom Peter E
Bought by
Cummins Dan and Cummins Betty
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Properties Extraordinaire Llc | $80,000 | Attorney | |
| Strugis Bank & Trust Company | $242,187 | None Available | |
| Villa Eugenio | -- | -- | |
| Cummins Dan | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Properties Extraordinaire Llc | $64,000 | |
| Previous Owner | Villa Eugenio | $198,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/22/2016 02/22/16 | Sold | $80,000 | -33.3% | -- |
| 12/31/2015 12/31/15 | Pending | -- | -- | -- |
| 09/30/2015 09/30/15 | For Sale | $120,000 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $6,420 | $96,800 | $0 | $0 |
| 2024 | $3,555 | $95,800 | $0 | $0 |
| 2023 | $2,444 | $86,500 | $0 | $0 |
| 2022 | $3,503 | $82,500 | $0 | $0 |
| 2021 | $4,551 | $84,800 | $19,700 | $65,100 |
| 2020 | $8,747 | $148,500 | $18,800 | $129,700 |
| 2019 | $10,310 | $148,900 | $84,600 | $64,300 |
| 2018 | $7,536 | $145,000 | $84,300 | $124,800 |
| 2017 | $8,664 | $203,900 | $11,200 | $192,700 |
| 2016 | $8,284 | $204,200 | $11,200 | $193,000 |
| 2015 | $4,968 | $204,200 | $11,200 | $193,000 |
| 2014 | $4,877 | $191,800 | $0 | $0 |
| 2013 | -- | $195,500 | $67,600 | $127,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
G
Seller Co-Listing Agent in 2016
Gerald Lampman
Berkshire Hathaway HomeServices Michigan Real Estate
-
Amanda Soukup
Buyer's Agent in 2016
Amanda Soukup
Jaqua REALTORS
(269) 214-2097
123 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 15046279
APN: 80-17-024-007-00
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