NOT LISTED FOR SALE

7259 48th Ave Hudsonville, MI 49426

Estimated Value: $474,120 - $542,000

-- Bed
1 Bath
-- Sq Ft
0.5 Acres

Last Sold October 25, 2017

Last sale price $289,000

Est. 78% increase in value since last sale

Current estimated payment $3,242/month

11 Days on Market

Highlights

  • Wooded Lot
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Bauer Elementary School Rated A
  • 9 Car Garage

About This Home

As of October 2017

Affordable Side by Side Duplex in Hudsonville Schools! 7251=LEASED Mo-Month 3bed 2FullBath 1stall 1950sqft. 7259=LEASED until mid Oct. 3bed 3bath Main floor Laundry 2stall 2200sqft. Bonus Revenue stream from stand alone 2stall garage. This opportunity to turn over the units and do some mild updating could drastically change the current rental income. IMHOpinion with some updating, income schedule could be 7251-$1500, 7259-$1750, 2stall-$150 = $3400-monthly, $40800 Annually. Current income is $2700 monthly, $32400 Annually. Open Floor Plans with living rooms on each floor. Could easily be converted to additional legal lower level bedroom per unit by adding 1 wall.MUST SEE! Come by the Open House today 9/9/17 3-5pm. Offers will be presented on 9/10/17.

Last Agent to Sell the Property

Benjamin Colter

616 Realty LLC License #6501331295 Listed on: 08/31/2017

616 Realty LLC

Last Buyer's Agent

terry coeling

Coldwell Banker Woodland Schmidt License #6506045749

Coldwell Banker Woodland Schmidt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,650

Year Built

  • Built in 2000

Lot Details

  • 0.5 Acre Lot
  • Wooded Lot

Parking

  • 9 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • Septic System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Utility Expense $450
  • Operating Expense $6,000
  • Gross Income $32,400
  • Net Operating Income $30,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,650

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 2000
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Square
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3650.0
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Daylight: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight

Exterior Features

  • Construction Materials: Brick
  • List Price: 285000.0
  • Lot Features: Wooded
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 9.0
  • General Property Info:Total Parking Spaces: 9.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Sq Ft: 21884.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 32400.0
  • Insurance Expense: 1000.0
  • Net Operating Income: 30950.0
  • Number of Units Total: 2
  • Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 3650.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2025
Sold by
Martin Brian C and Martin Susan L
Bought by
Martin Brian C and Martin Susan L
Current Estimated Value
$515,780

Purchase Details

Closed on
Nov 26, 2024
Sold by
Martin Brian C and Martin Susan L
Bought by
Martin Brian C and Martin Susan L

Purchase Details

Closed on
Oct 27, 2022
Sold by
Martin Brian C
Bought by
Martin Living Trust

Purchase Details

Closed on
Apr 30, 2018
Sold by
Martin Brian C
Bought by
Martin Brian C and Martin Susan

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 25, 2017
Sold by
Mccluer Robert C
Bought by
Martin Brian C
Seller's Agent
Benjamin Colter
616 Realty LLC
Buyer's Agent
terry coeling
Coldwell Banker Woodland Schmidt
List Price
$285,000
Sold Price
$289,000
Premium/Discount to List
$4,000
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$216,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 24, 2017
Sold by
Mccluer Robert K
Bought by
Mccluer Robert C
Seller's Agent
Benjamin Colter
616 Realty LLC
Buyer's Agent
terry coeling
Coldwell Banker Woodland Schmidt
List Price
$285,000
Sold Price
$289,000
Premium/Discount to List
$4,000
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2004
Sold by
Martin Susan L and Martin Brian C
Bought by
Mccluer Robert K and Mccluer Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Martin Brian C -- None Listed On Document
Martin Brian C -- None Listed On Document
Martin Brian C -- None Listed On Document
Martin Living Trust -- Land Title
Martin Brian C -- None Available
Martin Brian C $289,000 None Available
Mccluer Robert C -- None Available
Mccluer Robert K $279,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Brian C $208,000
Previous Owner Martin Brian C $216,750
Previous Owner Mccluer Robert K $223,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2017 10/25/17 Sold $289,000 +1.4% --
09/11/2017 09/11/17 Pending -- -- --
08/31/2017 08/31/17 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 $6,215 $231,800 $0 $0
2024 $5,460 $204,300 $0 $0
2023 $5,211 $186,200 $0 $0
2022 $5,625 $185,800 $0 $0
2021 $5,472 $162,900 $0 $0
2020 $5,411 $146,600 $0 $0
2019 $5,316 $140,100 $0 $0
2018 $3,620 $132,200 $16,300 $115,900
2017 $3,620 $132,200 $0 $0
2016 -- $121,200 $0 $0
2015 -- $108,500 $0 $0
2014 -- $102,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Colter

    Seller's Agent in 2017

    Benjamin Colter

    616 Realty LLC

    (616) 293-2001

    41 Total Sales

    Benjamin Colter
    Section Image

  • t

    Buyer's Agent in 2017

    terry coeling

    Coldwell Banker Woodland Schmidt

    (616) 240-0184

    1 in this area

    65 Total Sales

    terry coeling
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17044195

Southwestern Michigan Association of REALTORS®

APN: 70-13-13-499-001

Michigan Ottawa County Hudsonville 49426

7259 48th Ave, Hudsonville, MI

This home is located at 7259 48th Ave, Hudsonville, MI 49426 since 31 August 2017 and is currently estimated at $515,780. This property was built in 2000. 7259 48th Ave is a home located in Ottawa County with nearby schools including Bauer Elementary School, Baldwin Street Middle School, and Hudsonville Freshman Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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