NOT LISTED FOR SALE

Estimated Value: $210,000 - $247,000

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold October 27, 2014

Last sale price $25,000

Est. 821% increase in value since last sale

Current estimated payment $1,347/month

16 Days on Market

About This Home

As of October 2014

NICE! investment for the price. LARGE and spacious 2 units-up and down. Needs typical updating but at least exterior siding and windows were replaced and are both vinyl. Enough parking for many cars and seperate entrys will be a winner with tenants. Each unit has 2 bedrooms/1bath but with with a builder's council could be configured as three bedrooms each unit. This is a Fannie Mae Homepath property available for cash only due to overall condition. Property is in the First Look Period through 9/10/2013 available ONLY to owner occupants who will be requireed to sign an affidavit. On 9/11/2013 all parties are welcome to offer on home. NOTE: Price reflects repairs- this is why its cheap. Needs updated floor-covering. Mechaincals are older. Possible roof patch/replacement. Buyer to verify all

Last Agent to Sell the Property

Paul Lobsiger

Great Place Realty Group LLC License #6502369947 Listed on: 08/26/2013

Last Buyer's Agent

Rui DeOliveira

RE/MAX SunQuest Realty License #6501288319

RE/MAX SunQuest Realty

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1909

Lot Details

  • 5,227

Parking

  • 4 Parking Spaces

Utilities

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

Community Details

  • 2 Units
  • Gross Income $84

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 20350.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Zoning Description: R-2

Rental Info

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

Multi Family

  • Gross Income: 84.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2013
Sold by
Fannie Mae
Bought by
Lopez Pablo
Total Days on Market
16
Current Estimated Value
$230,161

Purchase Details

Closed on
Oct 25, 2012
Sold by
Bank Of America Na
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Oct 3, 2012
Sold by
Fernandez Johnny and Fernandez Amelia
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 4, 2005
Sold by
Chan Annette L
Bought by
Fernandez Johnny and Fernandez Amelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 1998
Sold by
Osterink Osterink L L and Osterink D
Bought by
Lopez Chan A and Lopez Pablo

Purchase Details

Closed on
Oct 28, 1997
Sold by
Thmsn Thmsn B B and Thmsn A
Bought by
Lopez Pablo
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
Lopez Pablo $25,000 None Available
Fannie Mae -- None Available
Bank Of America Na $61,140 None Available
Fernandez Johnny $58,000 --
Lopez Chan A $32,000 --
Lopez Pablo $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez John $24,152
Previous Owner Fernandez John $15,000
Previous Owner Fernandez Johnny $52,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2014 10/27/14 Sold $25,000 +22.9% --
09/11/2013 09/11/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $20,350 -- --
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 $1,503 $91,100 $0 $0
2023 $1,491 $76,400 $0 $0
2022 $1,417 $60,300 $0 $0
2021 $1,381 $53,700 $0 $0
2020 $1,334 $47,500 $0 $0
2019 $1,366 $43,500 $0 $0
2018 $1,324 $30,300 $0 $0
2017 $1,292 $25,800 $0 $0
2016 $1,298 $24,200 $0 $0
2015 $1,237 $24,200 $0 $0
2013 -- $23,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13050995

Southwestern Michigan Association of REALTORS®

APN: 41-17-01-151-007