NOT LISTED FOR SALE

Estimated Value: $379,000 - $447,000

-- Bed
4 Baths
-- Sq Ft
0.4 Acres

Last Sold May 31, 2018

Last sale price $228,250

Est. 81% increase in value since last sale

Current estimated payment $3,134/month

28 Days on Market

Highlights

  • Corner Lot: Yes
  • Forced Air Heating and Cooling System
  • 4 Car Garage

About This Home

As of May 2018

Great Owner occupied duplex or large 4-5 bedroom home located on the Southside close to schools. Each unit has a 2 stall attached garage, finished lower level with family rooms and possible 3rd bedrooms, Newer windows, Newer roof, maintenance free vinyl siding & sliders off dinette to deck. Used for owner occupied and family. Good size corner lot. Possible $1100-$1200 income from each side.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,854

Year Built

  • Built in 1989

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 132 x 132
  • Corner Lot: Yes

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Gas Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, sewer, gas
  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,854

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1989
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 269000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas
  • Tenant Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2854.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Lamar Donald and Lamar Mary
Bought by
R L Genzink Holdings Llc
Total Days on Market
28
Current Estimated Value
$412,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$155,835
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$279,316

Purchase Details

Listed on
Apr 24, 2018
Closed on
May 29, 2018
Sold by
Maatman Jerry and Maatman Patricia
Bought by
Lamar Donald and Lamar Mary
List Price
$299,000
Sold Price
$228,250
Premium/Discount to List
-$70,750
-23.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%

Purchase Details

Closed on
Dec 10, 1999
Sold by
Maatman Anna Jean Trust
Bought by
Maatman Jerry

Purchase Details

Closed on
Aug 16, 1990
Sold by
Maatman Jerry
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
R L Genzink Holdings Llc -- Chicago Title Of Mi Inc
Lamar Donald $228,250 None Available
Maatman Jerry $124,800 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R L Genzink Holdings Llc $168,000
Previous Owner Jerry $56,415
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $228,250 -23.7% --
05/22/2018 05/22/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $299,000 -- --
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
2024 $9,824 $192,400 $0 $0
2023 $9,435 $178,300 $0 $0
2022 $9,003 $150,700 $0 $0
2021 $6,861 $130,000 $0 $0
2020 $6,823 $119,500 $0 $0
2019 $6,773 $110,800 $0 $0
2018 $2,885 $89,500 $0 $0
2017 $3,405 $89,500 $0 $0
2016 $3,405 $78,000 $0 $0
2015 $2,711 $80,100 $0 $0
2014 $2,711 $72,100 $0 $0
Source: Public Records

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18016503

Southwestern Michigan Association of REALTORS®

APN: 70-16-31-378-047