$195,000
SOLD JUL 18, 2024

73 W Fountain St Battle Creek, MI 49037

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Recently Sold

7% Below List Price

15 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot: Yes
  • Baseboard Heating

About This Home

As of July 2024

Great investment opportunity with six units which are city rental certified through 10-19-2026! One unit is Month to Month lease and three leased until 2025. All one-bedroom units with exterior exits. Two upstairs units. New windows installed in 2021. Gross annual rents total $39,000 when fully occupied. Two units just turned and and advertising has begun for new tenants. Property also includes large barn, great for storage.

Last Agent to Sell the Property

Diane Bornhorst

Berkshire Hathaway HomeServices MI License #6501212733 Listed on: 04/17/2024

Berkshire Hathaway HomeServices MI

Co-Listed By

Lindsay Flynn

Berkshire Hathaway HomeServices MI License #6501366885

Last Buyer's Agent

Brett Cosner

Jaqua REALTORS License #6501417344

Jaqua REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,953

Year Built

  • Built in 1885

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Partial Basement

Parking

  • 6 Parking Spaces
  • Gravel Driveway

Utilities

  • Baseboard Heating

Community Details

  • 6 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,953

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 210000.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: Electricity Connected

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66 x 132
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 2953.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jul 17, 2024
Sold by
North Seeking Arrow Llc
Bought by
M & D Morgan Properties Llc
Seller's Agent
Diane Bornhorst
Berkshire Hathaway HomeServices MI
Buyer's Agent
Brett Cosner
Jaqua REALTORS
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%
Views
41
Current Estimated Value
$258,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,724
Avg. Annual Appreciation
35.98%
Original Mortgage
$195,000
Outstanding Balance
$193,144
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$65,580

Purchase Details

Closed on
Dec 9, 2019
Sold by
Hart Real Estate Llc
Bought by
North Seeking Arrow Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 2015
Sold by
Coles Robert and Coles Melissa A
Bought by
West Michigan Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,108
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 2014
Sold by
Reed Investments Llc
Bought by
West Michigan Homes

Purchase Details

Closed on
Oct 10, 2014
Sold by
Reed Investments Llc
Bought by
Lamb Kristin

Purchase Details

Closed on
Feb 11, 2013
Sold by
Reed Investments Llc
Bought by
Lamb Kristin

Purchase Details

Closed on
Nov 1, 2012
Sold by
Calhoun County Treasurer
Bought by
Reed Investments Llc

Purchase Details

Closed on
Feb 14, 2008
Sold by
Pulford Brothers Apartments Llc
Bought by
Pulford June Kay

Purchase Details

Closed on
Oct 30, 2002
Sold by
Goss Dale Burton and Marcylan Joan
Bought by
Pulford Brothers Apartments Llc
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 Type Sale Price Title Company
Warranty Deed $195,000 None Listed On Document
Warranty Deed $150,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed $9,200 None Available
Land Contract -- None Available
Land Contract $31,000 None Available
Quit Claim Deed $2,750 None Available
Quit Claim Deed -- None Available
Deed $97,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 New Conventional
Previous Owner $116,000 Commercial
Previous Owner $207,394 Future Advance Clause Open End Mortgage
Previous Owner $55,000 Commercial
Previous Owner $55,108 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $195,000 -7.1% --
05/02/2024 05/02/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $210,000 -- --
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 -- $103,800 $0 $0
2024 $2,321 $77,366 $0 $0
2023 $2,953 $81,222 $0 $0
2022 $2,098 $67,798 $0 $0
2021 $2,826 $59,187 $0 $0
2020 $2,774 $42,638 $0 $0
2019 $1,833 $35,527 $0 $0
2018 $1,833 $32,893 $2,178 $30,715
2017 $1,785 $33,343 $0 $0
2016 $1,781 $27,700 $0 $0
2015 $1,773 $27,596 $0 $0
2014 $1,773 $27,596 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24018212

Southwestern Michigan Association of REALTORS®

APN: 5270-00-074-0