NOT LISTED FOR SALE

Estimated Value: $448,964

Studio
-- Bath
-- Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: September 17, 2013

Last sale price $143,000

Est. 214% increase in value since last sale

Current estimated payment $2,550 / mo

355 Days on Market

Highlights

  • 0.28 Acre Lot
  • Forced Air Heating System
  • Wood Siding

About This Home

As of September 2013

Four unit apartment house has nearly 100% occupancy rate! Great location near downtown South Haven shops, restaurants, beaches, and parks. Use one and rent the others? This 3400 SF building has plenty of curb appeal and parking for 8 cars. The full basement has sectioned off storage rooms for you or your tenants. Coin Laundry in bsmt. Gross rents were $18,773 in 2011. (#1) 2 BR $500/mo. (#2) studio $340/mo.(#3) 1 BR $420/mo. (#4) 1 BR $420/mo. Owner pays all utilities. All units are rented right now.

Last Agent to Sell the Property

Ron Seiler

Coldwell Banker Woodland Schmidt License #6506021485 Listed on: 08/24/2012

Coldwell Banker Woodland Schmidt

Last Buyer's Agent

Ryan Servatius

Century 21 Affiliated License #6506045176

Century 21 Affiliated
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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1906

Lot Details

  • 12,276 Sq Ft Lot

Parking

  • 8 Parking Spaces

Home Design

  • Wood Siding
  • Stucco

Utilities

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

Community Details

  • Insurance Expense $1,617
  • Maintenance Expense $1,002
  • Operating Expense $12,214
  • Net Operating Income $6,558

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1906

Lot Details

0.28 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding, Stucco
  • List Price: 149900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Sq Ft: 12276.0
  • Zoning Description: res

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Insurance Expense: 1617.0
  • Maintenance Expense: 1002.0
  • Net Operating Income: 6558.0
  • Operating Expense: 12214.0

Tax Info

  • Tax Annual Amount: 5600.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2019
Sold by
Bought by
Current Estimated Value
$448,964

Purchase Details

Listed on
Aug 24, 2012
Closed on
Aug 26, 2013
Sold by
Bought by
Seller's Agent
Ron Seiler
Coldwell Banker Woodland Schmidt
Buyer's Agent
Ryan Servatius
Century 21 Affiliated
List Price
$159,900
Sold Price
$143,000
Premium/Discount to List
-$16,900
-10.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Jan 4, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Haven, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Of Mi Inc
-- Chicago Title Of Mi Inc
$143,000 Chicago Title Of Michigan
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/17/2013 09/17/13 Sold $143,000 -10.6% --
08/14/2013 08/14/13 Pending -- -- --
08/24/2012 08/24/12 For Sale $159,900 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,044 $89,600 $0 $0
2025 $1,044 $87,700 $0 $0
2024 $1,066 $60,200 $0 $0
2023 $1,018 $41,900 $0 $0
2022 $1,177 $25,300 $0 $0
2021 $6,848 $113,200 $18,700 $94,500
2020 $7,374 $120,800 $20,300 $100,500
2019 $5,631 $103,500 $103,500 $0
2018 $5,083 $98,500 $98,500 $0
2017 $5,762 $96,500 $0 $0
2016 $4,885 $92,300 $0 $0
2015 $2,433 $92,300 $0 $0
2014 $2,552 $80,500 $0 $0
2013 $5,178 $81,000 $81,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 12047123

MichRIC

APN: 80-53-541-011-00

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